Asia real estate and outbound investment news
Blackstone’s opportunistic and core-plus real estate funds grew in value by 7.1 percent and 10.3 percent in 2022, as the world’s largest property fund manager continues to see “a lot of growth” ahead for its investments in Asia.
Despite this… Read More>>
Australian property major Dexus is extending its regional reach with the opening of a new office in Singapore and the hiring of Brian Kwon as head of distribution for Asia.
The Singapore office will support the growth of Dexus’s funds… Read More>>
Singapore’s City Developments Ltd is in exclusive negotiations to purchase the St. Katharine Docks complex in London from Blackstone at a reported price of nearly £400 million ($495.7 million) as the American private equity titan says it is facing a… Read More>>
Chinachem Group has acquired Deloitte’s headquarters building in the City of London for £349.5 million ($433 million), marking the Hong Kong developer’s second major property buy in the UK’s chief financial district in less than five months.
Chinachem purchased the… Read More>>
AT Capital Group has completed its acquisition of a project in central Warsaw, Poland, where the Singaporean family office is mulling the development of a 41-storey mixed-use commercial and residential tower.
Savills advised the investment firm controlled by Indian-born billionaire… Read More>>
Indian logistics developer IndoSpace has reached a first closing of its fourth development fund on the strength of a $205 million anchor investment from a longtime ally, the Canada Pension Plan Investment Board.
IndoSpace Logistics Parks IV is targeting $600… Read More>>
The manager of Frasers Centrepoint Trust and its sponsor, Singapore-listed property developer Frasers Property, have teamed up to acquire a 50 percent stake in the largest mall in northeast Singapore from Mercatus Co-operative Ltd for S$652.5 million ($497 million).
FCT’s… Read More>>
North American fund manager BentallGreenOak is acquiring a landmark hotel in Osaka, Japan, for an undisclosed price believed to be at least JPY 50 billion ($385 million), as a rebound in cross-border travel strengthens interest in the country’s hospitality sector.
A union affiliated with Singapore’s National Trades Union Congress (NTUC) has purchased a block of six shophouses along Serangoon Road for S$62.5 million ($47.65 million), according to public records seen by Mingtiandi.
The row of two-storey freehold properties at 322-332… Read More>>
Cushman & Wakefield’s Japan-based asset management arm has acquired a development site for a warehouse in the northern reaches of Greater Tokyo, marking the latest addition to the firm’s pipeline of six planned logistics projects in Asia’s second-largest economy.
The… Read More>>
