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Ascendas REIT Selling 3 Aussie Assets for A$125M and More Asia Real Estate Headlines

2021/06/05 by Danat Krairiksh Leave a Comment

In today’s roundup of regional news headlines, SGX-listed Ascendas REIT disposes of three industrial assets Down Under, Kaisa boss Kwok Ying-Shing officially takes over at Hong Kong’s Sing Tao News, and South Korea’s Shinhan REITs is set to buy an… Read More>>

Lim Chow Kit - GIC CEO

Singapore’s GIC to Open Office in Australia

2021/05/31 by Michael Cole Leave a Comment

Singapore’s sovereign wealth fund has become one of the biggest foreign investors in Australia, thanks to acquisitions of offices, warehouses and other assets, and now it plans to set up a permanent presence in the country as it looks for… Read More>>

Millennium Hilton Seoul

CDL Said Exploring $891M Sale of Seoul Hotel and More Asia Real Estate Headlines

2021/05/26 by Michael Cole Leave a Comment

The trials of one of Singapore’s largest developers are leading Mingtiandi’s headline roundup again today as local media in South Korea report that the company is in talks to sell the Millennium Hilton Hotel in Seoul for nearly $900 million.

… Read More>>

close to universities like University College London and universities like St Martins College Art and Design

Mapletree Explores US$1B Student Housing REIT IPO and More Asia Real Estate Headlines

2021/04/22 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Mapletree is reportedly in talks on the launch of a Singapore-listed student housing REIT, key stakeholders of the Myer Melbourne store make plans to cash out, and Adidas closes its shop in Hong… Read More>>

Phile Pearce ESR

Blackstone Selling $2.9B Aussie Logistics Portfolio to ESR-GIC Partnership

2021/04/18 by Michael Cole Leave a Comment

With e-commerce on the rise, warehouses are in demand and Blackstone has just used that hunger for distribution space to notch Australia’s largest-ever direct real estate sale.

The US fund management giant has agreed to sell the Milestone Logistics portfolio… Read More>>

Richard liu qiangdong jd

Warburg Pincus, Hillhouse Lead $700M Investment in JD Property

2021/03/14 by Michael Cole Leave a Comment

China’s second-largest e-commerce player has set up its own property fund management business and now has support from a US private equity giant and a mainland venture fund to grow that asset management venture, according to recent announcements.

JD Property,… Read More>>

lee-kok-sun GIC

GIC Invests in $1.2B US Retail JV with RPT Realty, Monarch, Zimmer

2021/03/08 by Christopher Caillavet Leave a Comment

Singapore sovereign wealth fund GIC has made a further bet on middlebrow American retail by investing in a joint venture with New York-listed RPT Realty and two other US-based partners, targeting the acquisition of over $1.2 billion in strategic assets.

… Read More>>

Serene Nah of Kerry Properties

Kerry-GIC JV Buys Mixed-Use Site in Shanghai’s Pudong District for $930M

2021/02/28 by Christopher Caillavet Leave a Comment

Hong Kong-listed developer Kerry Properties has teamed up with the real estate arm of Singapore sovereign wealth fund GIC to purchase a piece of Shanghai land designated for a retail-led mixed-use development.

Kerry announced Wednesday that it had won a… Read More>>

GIC Pays Brookfield $170M for 25% Stake in Perth Office Project

2021/02/10 by Christopher Caillavet Leave a Comment

GIC has signalled its continued interest in Australia with the purchase of a quarter stake in Chevron’s under-construction headquarters building in Perth from asset management firm Brookfield.

The Singaporean sovereign wealth fund agreed to pay A$220 million ($170.3 million) for… Read More>>

Eiichi Hasegawa

Asia Real Estate People in the News 2021-01-11

2021/01/11 by Michael Cole Leave a Comment

As 2021 enters its second full week, there is an upswing in real estate industry leaders checking in from new work locations, as Blackstone brings on board a top level political veteran to advise its Japanese operation.

… Read More>>

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