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Foxconn and Country Garden Buy Pair of GZ Sites for $605M to Build Tech Town

2018/01/16 by Shawna Kwan Leave a Comment

The company best known for making your iPhone has partnered with China’s top developer, Country Garden Holdings, to win two plots of land for RMB 3.9 billion ($605 million) in Guangzhou, a first-tier city in southeast China.

Foxconn Technology Group,… Read More>>

Deepak Parekh

GIC, KKR, OMERS Lead $1.75B Investment in India’s Largest Mortgage Lender

2018/01/15 by Greg Isaacson Leave a Comment

Singapore’s sovereign wealth fund GIC is joining US private equity pioneer KKR and other global investors to take a $1.75 billion stake in India’s largest mortgage lender, as the South Asian nation gears up for a housing boom.

Mumbai-based Housing… Read More>>

Developer Headed by George W Bush’s Brother Buys Singapore Site for $632M

2018/01/14 by Greg Isaacson Leave a Comment

A Singapore-listed developer headed by a brother of former US president George W Bush has scooped up a residential site for S$840.9 million ($632.5 million), amid a surge of collective sales in the southeast Asian city-state.

The site, Park West… Read More>>

Kr Space Raises $92M for China Co-Working Expansion

2018/01/13 by Shawna Kwan 1 Comment

Chinese co-working startup Kr Space has completed a new RMB 600 million ($92 million) financing round to accelerate its expansion in China’s top-tier cities, bringing its total funds raised to RMB 1.1 billion ($170 million), the company announced.

The capital… Read More>>

Stephen-A.-Schwarzman

Blackstone Said Buying Maui Resort From Singapore’s GIC for $1.1B

2018/01/11 by Greg Isaacson Leave a Comment

Singapore’s GIC is said to be selling a Waldorf Astoria-branded resort in Hawaii to Blackstone Group for $1.1 billion, marking the second-biggest sale of a single hotel in US history.

The sovereign wealth fund has reportedly reached an agreement with… Read More>>

Two Harbour Square

Naked Hub Leases Two Floors From SHK for Kowloon East Centre

2018/01/11 by Shawna Kwan Leave a Comment

Naked Hub has leased two floors in Sun Hung Kai Properties’ Two Harbour Square in Kowloon East for its third centre in Hong Kong. The Shanghai-based co-working operator is now set to occupy the office tower’s top two floors covering… Read More>>

GIC, CPPIB Partner with Cortland in $550M US Multifamily Deal

2018/01/10 by Greg Isaacson Leave a Comment

For the second time in one week, Singapore’s sovereign wealth fund GIC has teamed up with Canadian pension giant CPPIB to buy up residential properties in the US, via a $550 million deal for multifamily assets primarily in the country’s… Read More>>

Benett Theseira

BlackRock Buys Pair of Shanghai Office Buildings From PGIM for RMB 1.2B

2018/01/10 by Shawna Kwan Leave a Comment

PGIM Real Estate, a property investment affiliate of Prudential Financial, has sold two buildings at Waterfront Place, an office property in Shanghai’s Putuo District to Blackrock according to JLL which advised PGIM on the disposal.

The US alternative investment giant… Read More>>

Playboy TV

Gaw Capital Partners Buys Former Playboy Studio in Los Angeles

2018/01/10 by Shawna Kwan Leave a Comment

Asia’s sexiest real estate investment firm is taking a risqué bet with its latest US investment as Gaw Capital Partners buys a facility formerly used to produce videos of Playboy bunnies.

The Hong Kong-based private equity firm has purchased a… Read More>>

Goodwin Gaw

Gaw US Fund III Secures $100M in New Cash

2018/01/08 by Shawna Kwan Leave a Comment

Hong Kong-based private equity real estate fund manager Gaw Capital Partners has raised another $50 million for its Gaw US Fund III commingled fund, according to a report in West Coast property news site The Registry citing a board meeting… Read More>>

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