Asia Pacific real estate investment news and information
Singaporean sovereign wealth fund GIC and Frasers Property Limited are teaming up with Singapore-based flexible officer operator JustCo to invest $177 million in building a co-working platform across Southeast Asia.
JustCo, which has spaces open or upcoming in Singapore, Indonesia… Read More>>
Singaporean sovereign wealth fund GIC is making its first foray into China’s rental housing market by establishing a joint venture with Warburg Pincus-backed rental housing startup Nova. According to a joint announcement today by GIC, Nova and Warburg Pincus, the… Read More>>
The Canada Pension Plan Investment Board (CPPIB) has teamed up with Singaporean sovereign wealth fund GIC to buy a landmark office tower in Seoul for 418 billion won ($380 million). The global investment giants will each take a 50 percent… Read More>>
GIC is ramping up its exposure to Indian real estate, with an investment firm managed by the Singaporean sovereign wealth fund buying a stake in Mumbai-based developer Godrej Properties Ltd for about Rs 1,000 crore ($150 million).
Godrej Properties said… Read More>>
Leading today’s Hong Kong real estate news, after snapping up the Butterfly on Waterfront Hotel in Sai Ying Pun, billionaire Edwin Leong’s Tai Hung Fai Enterprise is bidding for more sites on the same block to pave the way for… Read More>>
Leading today’s roundup, Singaporean sovereign wealth fund GIC is reported to have sold the Arizona Biltmore hotel, part of Hilton’s Waldorf Astoria collection, to a Blackstone fund after acquiring the historic resort in 2013. Overseas investment is also in the… Read More>>
Vietnam’s Vingroup has raised $1.3 billion from Singaporean sovereign wealth fund GIC as the country’s largest real estate developer prepares to list its luxury residential arm, Vinhomes JSC on the Ho Chi Minh City Stock Exchange.
Vingroup, which last year listed… Read More>>
Asian cross-border capital flows are at the top of the news again today, as Hong Kong-based CLSA is moving into Europe by partnering with a London-based asset management player. Singapore’s acquisitive sovereign wealth fund is making a slightly shorter trip… Read More>>
At the top of today’s news, US alternative investment giant Blackstone is battling an array of local and international bidders to get its hands on a landmark twin tower office complex in downtown Seoul. Futher south, Singapore’s CapitaLand is boostings… Read More>>
Cross-border deals dominate the news today, with Singapore’s sovereign wealth fund GIC entering into a $300 million venture to build rental residences in Mexico. Also in the headlines, a US pension fund has committed $50 million to Chinese car… Read More>>
