In today’s roundup of regional news headlines, Singaporean giant GIC seeks a buyer for its 50 percent stake in an Australian mall, and signs of weakness in China’s property market continue to mount as developers pull back on land buys…. Read More>>
GIC JV Completes Acquisition of Indus Realty Trust and More Asia Real Estate Headlines
The completion of a US REIT buyout leads today’s roundup of real estate headlines with our news from around the region also including a Japanese bond raise by ESR. Also making the list are a deal closing by SGX-listed Cromwell… Read More>>
ESR-GIC JV Buys Sydney Industrial Plant to Develop $301M Logistics Project
ESR has acquired a manufacturing plant in Sydney’s Botany Bay area on behalf of a joint venture with Singapore’s GIC, with the partners planning to invest at least A$443 million ($301 million) to develop a multi-storey logistics facility on the… Read More>>
GIC, Brookfield REIT Form JV to Buy $1.4B in India Office Assets
Singapore sovereign wealth fund GIC has formed a 50:50 joint venture with Brookfield India REIT to buy two commercial assets held by funds managed by the latter’s sponsor, Brookfield Asset Management, with a combined enterprise value of $1.4 billion.
The… Read More>>
GIC Completes Hyderabad Tech Park Buy and More Asia Real Estate Headlines
In today’s roundup of regional headlines, Singapore’s GIC completes its acquisition of a Hyderabad office complex, and Chinese state-owned builder Greenland readies its virtual asset trading platform in Hong Kong. Also in the news, Fitch plans to pull its rating… Read More>>
GIC Makes $122M Exit From Mumbai Mall Venture and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s GIC sells its half-stake in a Mumbai mall, and Fitch puts industrial giant GLP on a negative ratings watch. Also happening in India, Blackstone’s Nexus Select Trust IPO was oversubscribed on the… Read More>>
Blackstone Selling Six Japan Warehouses to GIC for $800M
Blackstone on Friday announced the sale of a portfolio of six warehouses in Japan to Singapore sovereign fund GIC for more than $800 million, as the private equity giant continues to shed assets after reporting a steep decline in real… Read More>>
APAC Investment in North American Real Estate Hit Record in Q1, Led by Singapore’s GIC
Acquisitions of North American real estate by Asia Pacific-based investors jumped more than 400 percent year-on-year to a record $13.9 billion in the first quarter of 2023, according to Knight Frank.
The surge in property purchases was driven largely by… Read More>>
China Warns State Firms Away From Big Four Auditors and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese authorities reportedly ask state-owned firms to cut ties with the Big Four accounting firms, and Australian casino giant Star Entertainment looks to raise $545 million to repay debts.
China… Read More>>
GIC, Centerbridge Clinch $868M Buyout of US Industrial REIT After Sweetening Deal
Singapore’s GIC and US private equity firm Centerbridge Partners have agreed to take NASDAQ-listed INDUS Realty Trust private in a sweetened deal that values the American industrial REIT at $868 million.
Indus has entered into a definitive merger agreement under… Read More>>
- « Previous Page
- 1
- …
- 8
- 9
- 10
- 11
- 12
- …
- 35
- Next Page »