In today’s roundup of regional news headlines, Blackstone reportedly holds talks with Bain Capital on the sale of a stake in Embassy Office Parks REIT, and China developer bonds snap back into shape on state-led support measures.
Modern warehouse rents in Hong Kong declined 1.5 percent in the fourth quarter of last year as a slumping logistics market weighed on local third-party logistics (3PL) operators, while sales of stratified industrial space plunged 66 percent during the quarter,… Read More>>
In today’s roundup of regional news headlines, Bloomberg reports that Chinese private equity firm Hillhouse Capital is consolidating its Singapore offices into a single Marina Bay location, and buyout giant TPG prepares to acquire an Indian mortgage lender.
In today’s roundup of regional news headlines, troubled developer CIFI prepares to sell a stake in its services division, Blackstone taps the brakes on an eagerly awaited private equity fund, and Sun Hung Kai Properties announces the completion of a… Read More>>
In today’s roundup of regional news headlines, Blackstone’s CEO offers an explanation for surging redemptions in the firm’s non-listed REIT, and developer China Aoyuan reveals plans to sell a stake in its property services unit.
Blackstone Boss… Read More>>
In today’s roundup of regional news headlines, Blackstone announces that redemption requests for a private credit fund have reached their pre-set limit, GIC trims its stake in developer China Vanke, and mainland authorities continue to roll back harsh COVID curbs.
LaSalle Investment Management has agreed to buy a mixed-use tower in an upscale Tokyo neighbourhood from Blackstone for close to JPY 13.5 billion ($98 million), Mingtiandi has learned, adding to its Japan core property fund as leasing improves in the… Read More>>
Hong Kong’s Gaw Capital Partners has completed its acquisition of seven Japanese logistics assets from Blackstone, with the family-controlled firm planning to unlock the “hidden value” of the portfolio through a series of value-add strategies.
The warehouse set spans 253,200… Read More>>
In today’s roundup of regional news headlines, Blackstone’s Nexus retail platform files a draft paper for its REIT IPO, Alibaba co-founder Joe Tsai sinks cash into luxury hotels, and data centre builder AirTrunk begins work on its second Tokyo facility.
Blackstone on Tuesday announced the launch of its first wholly owned data centre platform in Asia, Lumina CloudInfra, with two large pipeline projects in India, choosing one of 2022’s most resilient property markets as the jumping-off point for an expansion… Read More>>