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Xiaozhu Chen Chi

China Airbnb Competitor Raising $200M From GIC and More Asia Real Estate Headlines

2018/09/30 by Michael Cole Leave a Comment

Online, offline and new skyscrapers all get some ink in today’s real estate news as a mainland home -sharing platform aims to raise $200 million from GIC, a Foster+Partners project breaks ground in Shanghai and KPMG predicts big things for… Read More>>

MIng Mei GLP

GIC to Invest in $2B GLP China Fund Less Than One Year After Selling Warehouse Builder

2018/09/11 by Matt Haldane Leave a Comment

Global Logistic Properties is teaming up with its former owner GIC to create a $2 billion value-add fund for acquiring logistics properties in mainland China, the company announced on Tuesday.

This is GIC’s first investment with Asia’s largest warehouse operator… Read More>>

lee-kok-sun GIC

GIC Puts 50% Stake in Sydney’s Chifley Tower on Block for $650M

2018/09/02 by Richard Meyer Leave a Comment

Singapore’s GIC is putting 50 percent of the Chifley Tower in Sydney on the market, according to the AFR and other media accounts.

The sovereign wealth fund is said to be asking A$900 million ($650 million) to part with half… Read More>>

lee-kok-sun gic

GIC Buys Stake in Mumbai Four Seasons Developer for Reported $143M

2018/08/24 by Richard Meyer Leave a Comment

GIC is acquiring a minority stake in Provenance Land, the developer of India’s first Four Seasons hotel, according to a statement on August 22nd by the Singaporean sovereign wealth fund.

Sources familiar with the deal, as cited in India’s Economic… Read More>>

xu jiayin one

Evergrande Proposes $2.14B Dividend and More Asia Real Estate Headlines

2018/08/23 by Michael Cole Leave a Comment

China and India lead the region’s real estate news today as the mainland’s second-largest builder by sales proposes to share $2.14 billion in profits with its shareholders and one of India’s heavyweights prepares to share its winnings with its major… Read More>>

adarsh jatia provenance Land

Singapore’s GIC Said Buying Up to 50% of Mumbai Developer for $147M

2018/07/22 by Richard Meyer Leave a Comment

In its fourth major Indian deal in less than a year, Singapore’s GIC is set to purchase up to 50 percent of Mumbai-based developer Provenance Land for 10 billion rupees ($147 million), according to a report in the Economic Times.

… Read More>>

qian-zhiya Luckin coffee

GIC Leads $200M Funding Round to Help China O2O Coffee Startup Take on Starbucks

2018/07/15 by Richard Meyer Leave a Comment

A Chinese online-to-offline (O2O) coffee startup is claiming a $1 billion valuation, and unicorn status, after raising $200 million from a group that includes Singapore’s sovereign wealth fund, GIC.

Beijing-based Luckin Coffee (瑞幸咖啡), which combines mobile apps, WeChat integration and… Read More>>

Wang Menghui MOHURD

China Cuts Resettlement Subsidies to Cool Market and More Asia Real Estate Headlines

2018/07/15 by Michael Cole Leave a Comment

The authorities in Beijing have come up with yet another move to cool down the real estate ardor of their 1.4 million constituents, as the housing said it will limit loans for resettlement payments. Also in the news, China’s CIC… Read More>>

Real Estate Industry Group ANREV Rolls Out New Board

2018/06/26 by Greg Isaacson Leave a Comment

The Asian Association for Investors in Non-listed Real Estate Vehicles (ANREV) has announced a flurry of changes to its management board, with leaders from some of the world’s biggest investors taking new seats at the non-profit.

ANREV has appointed James… Read More>>

Victor Li CK

Victor Li Buys UBS London Headquarters From GIC, British Land For $1.3B

2018/06/18 by Shawna Kwan Leave a Comment

Just one month after taking over from his father Li Ka-shing, Victor Li has signed his first high profile deal for CK Asset, snapping up the UBS headquarters in London from GIC and British Land for £1 billion ($1.3 billion).

… Read More>>

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