Hongkong Land on Friday revealed details of its first-ever private fund, a Singapore-focused vehicle with expected assets under management of S$8 billion ($6.2 billion), as the Jardine Matheson-controlled builder moves ahead with its strategy to become a fee-earning manager of… Read More>>
Dexus Launches New Fund Series With $455M Investment in Brisbane Mall
Australian property giant Dexus Group on Friday announced the launch of a new fund series, with the inaugural vehicle to hold a quarter-stake in a Brisbane mall to be acquired for A$683 million ($455.5 million).
Dexus has exchanged contracts with… Read More>>
Hongkong Land Selling One-Third Stake in Marina Bay Tower to Keppel REIT for $1.1B
Keppel REIT will up its stake in Marina Bay Financial Centre Tower 3 after agreeing to buy Hongkong Land’s one-third interest in the downtown Singapore office building for S$1.45 billion ($1.1 billion).
Upon completion of the deal on 31 December,… Read More>>
Microsoft, Amazon Announce $52.5B in Investments to Drive India AI Plans
Tech giants Microsoft and Amazon this week revealed plans for a total of $52.5 million in fresh investments targeting artificial intelligence capabilities in India.
Microsoft on Tuesday announced that it would spend $17.5 billion over four years to advance cloud… Read More>>
Mapletree’s MPACT Selling Hong Kong Office Block to City University for $252M
Hong Kong has witnessed its second major sale of an office property in less than 24 hours, with the manager of Mapletree Pan Asia Commercial Trust (MPACT) announcing late Wednesday that it has agreed to sell part of the Festival… Read More>>
JD Buys Half-Stake in CCB Tower for $449M as Mainland Investors Scoop Up Hong Kong Assets
China’s JD.com has followed its rival Alibaba in investing in a major Hong Kong office tower, with the mainland tech giant said to have bought into Lai Sun’s CCB Tower.
Lai Sun Development and parent company Lai Sung Garment announced… Read More>>
Mandarin Oriental Shareholders Approve $4.2B Buyout by Jardines
Mandarin Oriental shareholders have overwhelmingly approved a proposal for Jardine Matheson to acquire the remaining 11.96 percent of equity in the luxury hotel operator not yet owned by the parent group.
The vote took place Monday and clears the way… Read More>>
Hong Kong’s Far East Consortium Selling Half-Stake in Ritz-Carlton Perth for $66M
Far East Consortium has agreed to sell a 50 percent interest in the Ritz-Carlton Perth to an affiliate of fellow Hong Kong player AMTD Idea for A$100 million ($66.4 million).
FEC will sell half-stakes in the holding and operating companies… Read More>>
Brookfield, GIC Clinch Deal to Buy Australia’s National Storage for $2.6B
Asset management giant Brookfield and Singapore sovereign fund GIC have agreed to buy Australia’s National Storage in a deal valuing the ASX-listed REIT at about A$4 billion ($2.6 billion).
Under the terms of the agreement, the Brookfield-GIC consortium will acquire… Read More>>
Australia’s NextDC Teams With OpenAI to Develop Sydney Data Centre Campus
Australian data centre operator NextDC has joined forces with artificial intelligence startup OpenAI on the development of a hyperscale campus in western Sydney.
The partners entered a non-binding agreement late last week to plan, build and operate a next-generation AI… Read More>>
- « Previous Page
- 1
- …
- 22
- 23
- 24
- 25
- 26
- …
- 440
- Next Page »