In today’s roundup of regional news headlines, asset management champ BlackRock plans a major expansion in Singapore, private equity giant Blackstone completes its acquisition of Aussie casino operator Crown Resorts, and Fitch Ratings drops coverage of a Chinese homebuilder.
GIC, KKR Linked to $5.5B Aussie Hospital Buyout and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s GIC emerges as a potential financier for KKR’s buyout of an Australian hospital operator, a court approves Blackstone’s acquisition of the Crown Resorts casino group, and analysts expect rising interest rates to… Read More>>
Blackstone’s $6.3B Crown Bid Approved and More Asia Real Estate Headlines
Another acquisition could be on the way for the world’s largest real estate fund manager as Blackstone has won approval for its $6.3 billion bid for Australia’s Crown Resorts, with that story leading our roundup today. Also in the news,… Read More>>
Blackstone Wins Australia’s Crown Resorts in $6.3B Buyout Deal
Blackstone has reached a deal with Australia’s Crown Resorts in which the US private equity titan would acquire all the listed shares of the casino operator for A$8.9 billion ($6.3 billion).
The all-cash consideration of A$13.10 per share represents an… Read More>>
Ex-Goldman Manager Raises China Debt Fund and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a former Goldman Sachs hand launches a fund to invest in distressed China property debt, Australia’s Mirvac snaps up Sydney-area land from a little-known Chinese-backed developer, and casino giant Crown Resorts open its… Read More>>
HNA Melbourne Prize Seized by Receivers and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, failed Chinese conglomerate HNA’s conference centre in Australia is seized by receivers, a Singapore-listed REIT picks up a Florida office building, and indebted developer Evergrande seeks liquidity from a bottled water IPO.
Crown Resorts Gets $2.4B Pitch From Oaktree and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Aussie casino operator Crown Resorts is presented with a revised buyback proposal from Oaktree Capital Group, Singapore’s stock exchange launches the world’s first ESG REIT derivatives, and Shenzhen’s efforts to curb housing prices… Read More>>
Sun Hung Kai Buys Sites in GZ, New Territories for $2.2B and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, one of Hong Kong’s biggest developers splashes out for land in the New Territories and Guangzhou, a CDL-backed REIT agrees to acquire a large retail portfolio in France, and PGIM completes its purchase… Read More>>
Oaktree Lobs A$3B Bid for Packer’s Crown Stake and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, Oaktree looks to steal Blackstone’s thunder Down Under with a rival bid for Crown Resorts, a Hong Kong tycoon who paid $292 million for a London mansion is set to plough nearly… Read More>>
Swire Pacific Invests in Shenzhen Private Hospital and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Swire Pacific takes a second step into the mainland hospitals sector with a Shenzhen investment, shares of Australian casino giant Crown Resorts close higher than the implied price of Blackstone’s takeover bid, and… Read More>>