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Daisuke Kitta Blackstone

Blackstone Expands Japan Hotel Bets with $130M Okinawa Deal

2024/12/18 by Michael Cole Leave a Comment

Blackstone is doubling down on one of its favourite Asian property plays with the US private equity giant having agreed to purchase a pair of Japanese resorts in a JPY 20 billion ($130 million) deal, according to market sources who… Read More>>

Mike Perry of Nuveen

Nuveen Gets $100M From Korea’s GEPS for US Private Capital Mandate

2024/12/18 by Christopher Caillavet Leave a Comment

Nuveen has secured a $100 million commitment from South Korea’s Government Employees Pension Service for a US-focused private capital mandate.

GEPS selected Churchill Asset Management, a private equity arm of Chicago-based Nuveen, to oversee the investment, which aims to enhance… Read More>>

Momoi Hiroaki, executive director of KDX Realty

Kenedix REIT Buying Central Japan Shed for $81M, Unloading Assets in Trade With Sponsor

2024/12/18 by Christopher Caillavet Leave a Comment

The flagship REIT of Japanese fund manager Kenedix is acquiring a warehouse in the southern fringe of Honshu island’s Chubu region for JPY 12.4 billion ($81 million) and divesting 13 properties for JPY 18.7 billion as part of a “mutual… Read More>>

GIC chief executive Lim Chow Kiat

GIC, Munich Re to Invest $1.5B in Vantage European Data Centre Platform

2024/12/17 by Christopher Caillavet Leave a Comment

Singapore sovereign giant GIC and Germany’s Munich Re Group are investing a combined €1.4 billion ($1.5 billion) into the Europe, Middle East and Africa platform of US hyperscale operator Vantage Data Centers.

The deals are to be finalised in the… Read More>>

William Tay of CapitaLand Ascendas REIT

CapitaLand Ascendas REIT Buying Indiana Warehouse From DHL for $116M

2024/12/17 by Christopher Caillavet Leave a Comment

CapitaLand Ascendas REIT has agreed to buy a modern warehouse in the state of Indiana from logistics giant DHL for S$150.3 million ($115.8 million), marking CLAR’s second US industrial acquisition to be announced in as many months.

DHL will lease… Read More>>

Adam Pillay, Greystar

Greystar Agrees to Buy GIC-Wee Hur Aussie Student Housing for Over $1B

2024/12/16 by Michael Cole Leave a Comment

US multi-family giant Greystar has agreed to buy seven Australian student housing properties from a joint venture between Singaporean developer Wee Hur Holding and sovereign fund GIC for A$1.6 billion ($1.01 billion), confirming earlier reporting by Mingtiandi.

The acquisition of… Read More>>

Tuhin-Parikh Blackstone

Blackstone-Backed Ventive Hospitality to Launch $190M India IPO on Friday

2024/12/16 by Christopher Caillavet Leave a Comment

Ventive Hospitality, an Indian hotel developer, owner and manager backed by Blackstone and local builder Panchshil Realty, will launch an initial public offering this weekend for its 2,036-key portfolio of hotels across India and the Maldives, with the exercise aiming… Read More>>

Paul Tham

CapitaLand Investment Buying Australian Private Credit Manager Wingate for $127M

2024/12/16 by Christopher Caillavet Leave a Comment

Singapore’s CapitaLand Investment is acquiring Melbourne-based fund manager Wingate Group for A$200 million ($127.4 million), in a move set to extend the Temasek-backed giant’s private credit business into Australia.

In buying the 20-year-old firm led by founder and CEO Farrel… Read More>>

Trent Iliffe Logos Asia

Blackstone Completes Buy of Logos India Warehouses for Over $203M

2024/12/15 by Michael Cole Leave a Comment

After vowing early this year to boost its India logistics holdings, Blackstone has acquired a set of warehouses from Logos Asia for more than INR 17.25 billion ($203 million), according to sources familiar with the transaction who spoke with Mingtiandi.

… Read More>>

Raja Bagmane

Blackstone Buying Stake in Bengaluru Business Park Builder as India Empire Expands

2024/12/15 by Michael Cole Leave a Comment

With Blackstone having filed for its fourth India REIT in September and with a fifth listed property trust reportedly on the way in 2025, the US fund management titan has been given the green light to pick up a stake… Read More>>

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