Debt strategies are back in vogue and US fund management giant TPG may be willing to pay $2 billion to keep up with the trend, according to a report on Friday. Also making our headline roundup today, HSBC fends off… Read More>>
WeWork India Raises $67M from BPEA Credit for Co-Working Growth
WeWork India has raised INR 5.5 billion (about $66.5 million) from funds managed by private credit platform BPEA Credit as the flexible office brand seeks to expand in Asia’s third-largest economy.
The funds will be used for future growth and… Read More>>
China’s Yango Loses Hong Kong Wind-Up Battle and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a unit of Chinese developer Yango loses its wind-up case in a Hong Kong court, India’s DLF says it’s likely to delay a planned REIT launch, and a Singapore commercial development goes up… Read More>>
Singapore Home Sales Doubled in September and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s home sales rebound to the second-highest level this year, while Sweden’s EQT completes the acquisition of Hong Kong-based Baring Private Equity Asia. At the same time, Chinese junk bonds set a record… Read More>>
BPEA, Angelo Gordon SG Deals Stall and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, two Singapore property deals collapse during due diligence, five private equity firms are reportedly shortlisted to bid for data centre operator Global Switch, and the State Council assigns RMB 1 trillion to boost… Read More>>
BPEA Completes $370M Acquisition of Sydney Hilton From Bright Ruby
Baring Private Equity Asia on Thursday announced the acquisition of the Sydney Hilton hotel by the firm’s affiliated real estate funds for A$530 million ($370 million), confirming Mingtiandi’s May report on the disposal by Chinese-backed investor Bright Ruby Resources.
The… Read More>>
BPEA Buying Hilton Sydney From Bright Ruby for Record $365M
Baring Private Equity is making Australia’s biggest hotel purchase ever, with the Hong Kong-based firm agreeing to acquire the five-star Hilton Sydney from Bright Ruby Resources for A$530 million ($364.7 million), insiders confirmed on Thursday.
In addition to being the… Read More>>
Sweden’s EQT Buying Baring Private Equity Asia for $7.5B to Extend Regional Reach
Sweden’s EQT has agreed to buy Baring Private Equity Asia for €6.8 billion ($7.5 billion) in a cash-and-stock deal that would give the Nordic fund manager its first substantial presence in Asia and allow it to bring the Hong Kong-based… Read More>>
ESR-GIC Venture Buying Melbourne Site for $32M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, ESR’s Aussie logistics venture with GIC acquires a Melbourne industrial project and troubled mainland developer Kaisa Group may be running out of options as creditors give its bond swap offer the cold shoulder…. Read More>>
BPEA Real Estate Raises $1.2B for China-Based Forest Logistics
Hong Kong-based Baring Private Equity Asia (BPEA) Real Estate on Monday announced the closing of a capital raising for mainland warehouse platform Forest Logistics, bringing the total equity commitment to more than $1.2 billion amid a surge in capitalisation for… Read More>>