Monday’s news features GIC spending $720 million on Warehouses in Indonesia, China busting $148 billion in underground banking operations as part of its ongoing battle to keep cash within its borders, new levels of tiny for Hong Kong apartments and… Read More>>
GIC Invests in 2nd European Student Housing Deal This Week and More Asia Real Estate Headlines
Singapore’s sovereign wealth fund heads to Europe for the second time this week to pick up an additional portfolio of student housing with student accommodation specialist GSA, while Kerry Properties shows its confidence in the Hong Kong market with a… Read More>>
Vancouver Home Sales Fall 33% After Tax on Foreigners and More Asia Real Estate Headlines
Leading the real estate market news today, home purchases in Vancouver fell by 33 percent last month after the government began taxing foreign home buyers, but the impact of a similar 15 tariff on non-residents of Hong Kong seems to… Read More>>
School’s in Session: GIC Teams Up to Buy $900M UK Student Housing Portfolio
GIC, Singapore’s sovereign wealth fund, is partnering with Dubai-based Global Student Accommodation Group (GSA) to buy a portfolio of UK student housing projects from funds managed by Oaktree Capital Management which are expected to be worth £700 million ($900 million) when… Read More>>
Xiaomi Plans 1,000 Mainland Stores and More Asia Real Estate Headlines
Xiaomi, the Chinese phone maker that built its reputation via online-only sales, may give a boost to physical retail by opening 1,000 new shops on the mainland. Also in the news, GIC and CPPIB could lead the bidding for a… Read More>>
Sunac Spends RMB 4 Bil on Stake in Chongqing Developer and More Asia Real Estate News
Mainland developer Sunac continued to dominate the headlines today, spending another 4 billion to buy a stake in a competitor, after buying 42 projects from Legend Holdings late last week. Also in the news, China’s largest sovereign wealth fund took… Read More>>
Blackstone, GIC Among Likely Bidders for $1.8B India Deal and More Asia Real Estate Headlines
Some of the world’s biggest real estate investors may be competing for a rare chance for a $1.8 billion stake in one of India biggest property developers, while back in China the government is setting out new rules for foreign… Read More>>
Blackstone, GIC Bid for $1B Stake in Indian Developer and More Asia Real Estate Headlines
The world’s biggest alternative investment manager, and Singapore’s sovereign wealth fund look at a $1 billion India real estate deal, while Wanda makes progress on its Hong Kong privatisation plan, while spending some pocket millions on a new web platform…. Read More>>
Singapore’s GIC Invests in Korean Logistics and More Asia Real Estate Headlines
Singapore’s sovereign wealth fund is investing in Korean warehouses, Yanlord Land partners with Ping An for a RMB 4 billion project in Suzhou and a transplanted Chinese developer takes aim at another central Sydney site. Read on for all these… Read More>>
GIC Could Spend $2B on US Trailer Parks and More Asia Real Estate Headlines
Singapore’s sovereign wealth fund homes to find buried treasure in America’s trailer parks, while China’s SWF plucks a new chief from the Shanghai government. Meanwhile, Greentown has a Hong Kong IPO for you, and much more if you just read… Read More>>