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Embassy's Jitu Virwani

KKR Invests $102M in Embassy Group’s Latest India Office Project

2019/02/12 by Jesus Alcocer Leave a Comment

Private equity giant KKR this week announced an INR 7.25 billion ($102.5 million) investment a premium office complex by Bangalore-based developer Embassy Group in the Indian firm’s tech-driven home town.

KKR is backing an Embassy project to develop one million… Read More>>

Embassy's Jitu Virwani

Warburg-Embassy Industrial JV Buys Bengaluru Site and More Asia Real Estate Headlines

2019/01/29 by Michael Cole Leave a Comment

India’s industrial real estate market continues to draw interest from international private equity players as a joint venture between Warburg Pincus and one of South Asia’s largest developers picks up a site in Bengaluru. Singapore also gets some headlines today… Read More>>

jitendra-virani embassy

WeWork May Pay $1B to Buy Out India JV Partner and More Asia Real Estate Headlines

2019/01/10 by Michael Cole Leave a Comment

Shared space giant The We Company brought in $2 billion in fresh cash this week, but already $1 billion of that may be on its way out the door, as the New York-based firm formerly known as WeWork seeks to… Read More>>

Manila casino

Mainland Gaming Firms Lease 30% of New Manila Office Space and More Asia Real Estate Headlines

2018/12/11 by Michael Cole Leave a Comment

Any property investment has an element of risk, but games of chance appear to have become a primary driver of Manila’s real estate market, as China’s gambling fans take up nearly a third of the Filipino capital’s new office space… Read More>>

Mangal Prabhat Lodha

India’s 100 Richest Property Tycoons Worth 4% More than China Evergrande’s Xu Jiayin

2018/12/10 by Jan Kot Leave a Comment

India’s 100 richest real estate tycoons combined have more wealth than China’s richest property baron, China Evergrande Group chairman Xu Jiayin, but not by much.

A recent survey of India’s wealthiest property industry players finds that a set of one… Read More>>

Gan Li

Survey Shows 22% of Mainland Homes Unoccupied and More Asia Real Estate Headlines

2018/11/10 by Michael Cole Leave a Comment

At the top of today’s real estate news from around the region, while China’s leaders seem determined to stamp out housing speculation, that sentiment seems to have had little impact on the country’s world-leading supply of empty homes. Further south,… Read More>>

jitendra-virani Embassy Group

Blackstone Kicks Off $722M IPO for India’s First REIT

2018/09/25 by Oliver Jones Leave a Comment

India’s first real estate investment trust – the Blackstone-sponsored Embassy Office Parks REIT – kicked off its IPO on Monday with the manager filing draft documents with the regulator.

The country’s maiden REIT will debut some four years after the… Read More>>

IKEA India

IKEA Opens First India Store in Hyderabad and More Asia Real Estate Headlines

2018/08/09 by Michael Cole Leave a Comment

India looms large in the region’s real estate world today as the subcontinent gets its first IKEA shop, and one of the country’s biggest landlords unveils a 1.1 million square metre lease just before it launches India’s first REIT with… Read More>>

Embassy's Jitu Virwani

Blackstone Boosts Asset Portfolio in Run-Up to $1B India REIT IPO

2018/08/08 by Richard Meyer 1 Comment

Blackstone is transferring more investments into India’s first real estate investment trust just ahead of the proposed initial offering. The US investment giant’s local partner in the pioneering real estate deal, Embassy Group, is said to also be tweaking its… Read More>>

Warburg-Embassy JV Buys Site for $88M India Project and More Asia Real Estate Headlines

2018/06/26 by Michael Cole Leave a Comment

India, Dallas, Vietnam and Beijing all make it into today’s collection of headlines as we go regionwide to bring you all the latest deals. At the top of the news on the way to what could be a $1 billion… Read More>>

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