Singapore property heavyweight CapitaLand Investment (CLI) continues to deepen its presence in India as it opens the first phase of a business park redevelopment project in Hyderabad and kicks off construction of a 40 megawatt data centre on the same… Read More>>
Building Property Portfolios Ready for China’s New Economy-Led Rebound Sponsored Feature
Real estate investment globally has faced a challenging year in 2023, at the same time that mainland China has seen encouraging signs from recent government moves to support the property sector and the rapid expansion of investment opportunities like the… Read More>>
CapitaLand Sets Up Second India Business Park Fund, Hits $273M in First Closing
CapitaLand Investment (CLI) has raised S$368 million ($273.1 million) in a first closing for its second India business park development strategy as the Singapore property giant expands its private funds business in the world’s largest country.
CLI on Thursday announced… Read More>>
Keppel REIT Buys Sydney Office Park Asset From Goodman for A$306M
The manager of Singapore’s Keppel REIT announced today that it has agreed to acquire an office building in suburban Sydney for S$306 million ($223 million), adding a sixth Australian commercial asset to its portfolio.
The SGX-listed trust is acquiring a… Read More>>
Ascendas REIT Buys Out Mitsui Stake in SG Business Park for S$103M
Ascendas Real Estate Investment Trust has acquired a 25 percent ownership interest in a Singapore business park for S$102.91 million ($72 million), after buying out the company’s Japanese development partner, according to an announcement by the SGX-listed REIT.
The manager… Read More>>
CapitaLand Adds £129M UK Biz Park to European Portfolio
CapitaLand has agreed to acquire a business park in the UK for £129 million ($168 million), as Southeast Asia’s largest real estate group boosts its portfolio in post-Brexit Britain.
The Singapore property giant said that its acquisition of the Arlington… Read More>>
Frasers Property Buying Cisco UK Headquarters for £135M
Frasers Property is betting on the UK’s tech sector as it adds another commercial asset to its Great Britain portfolio, according to an announcement today to the Singapore stock exchange by the developer controlled by Thai billionaire Charoen Sirivadhanabhakdi.
The… Read More>>
ESR Raising A$138M Through Aussie Office Initiative
ESR announced this week an A$138 million ($94 million) mandate which offers the Warburg Pincus-backed logistics specialist an opportunity to raise fresh capital by offering investors access to a set of its Australian business parks and other industrial assets.
The… Read More>>
Ascendas REIT to Acquire 30 US and SG Biz Park Assets From CapitaLand for S$1.66B
Ascendas Real Estate Investment Trust has entered into agreements to acquire a portfolio of 30 business park assets in the US and Singapore for S$1.66 billion ($1.22 billion) from its controlling unitholder CapitaLand.
Under the terms of the proposed deal,… Read More>>
Singapore’s Xander Buying India Biz Park from US PE Firm for $130M
Singapore-based Xander Investment Management has agreed to purchase a business park in the Indian city of Pune for INR 900 crore ($130 million), according to market sources.
The private equity firm, which has invested over $3.7 billion in India real… Read More>>