A joint venture of UOL and CapitaLand completes its acquisition of a Singapore condo complex, with that collective purchase leading today’s headline roundup. Also making the list, Japan’s Daiwa House REIT agrees to buy a residential property in Chiba and… Read More>>
India Regulator Forces Out Embassy REIT CEO Aravind Maiya
Aravind Maiya stepped down as chief executive of India’s first listed real estate investment trust on Tuesday after the Securities and Exchange Board of India (SEBI) directed the manager of Embassy REIT to suspend him from the position.
The decision… Read More>>
IGIS Marketing NPS-Owned Seoul Mall for $294M and More Asia Real Estate Headlines
Korean retail leads today’s headline roundup, with IGIS Asset Management seeking a buyer for a shopping mall in the heart of Seoul. Also in the news, Australia’s Aware Super fund buys a Melbourne industrial estate and discounted rent lures clothing… Read More>>
Korea’s NPS Targeting Higher-Yielding Strategies and More Asia Real Estate Headlines
The world’s third-largest pension fund leads today’s collection of real estate headlines from around Asia, with Korea’s NPS searching for more yield. Also on the list is Yardi’s takeover of WeWork and Digital Realty outperforming expectations on growing data centre… Read More>>
Casino Mooted for Country Garden Malaysia Project and More Asia Real Estate Headlines
Malaysia’s prime minister is hoping to persuade some patriotic tycoons to open a casino in Johor to revive an ill-fated Country Garden project, with that story leading Mingtiandi’s headline roundup today. India’s Embassy Group also makes the list as it… Read More>>
PAG’s Chris Gradel Buys Hong Kong Villa for $70M and More Asia Real Estate Headlines
In today’s roundup of regional real estate headlines, a key figure at private equity firm PAG snaps up a century-old Hong Kong villa, and Dalian Wanda denies reports that it plans to sell up to 20 malls in China. Also… Read More>>
Embassy Group Developing $20M Senior Living Project in Bengaluru With Columbia Pacific
Indian property giant Embassy Group is jointly developing a senior living community in Bengaluru with US builder Columbia Pacific Group, adding another partnership to Embassy’s list of tie-ups with international institutions.
The project, dubbed Serene Amara, will be the 11th… Read More>>
Ivanhoe Cambridge Drops India Office Development Plan and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Canada’s Ivanhoe Cambridge is reported to be taking a new direction in its office partnership with India’s Embassy Group, and Chinese developer CC Land expects to swing to a hefty 2022 loss.
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>>
Blackstone Said Selling Stake in Embassy REIT and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, private equity titan Blackstone is reportedly set to offload up to a $400 million stake in India’s first publicly listed REIT, Singapore’s Stamford Land sells an upscale hotel in downtown Sydney, and banking… Read More>>
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