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Community malls lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a Hong Kong-based private equity firm has indicated that unrest in the Asian financial hub has hurt businesses in its portfolio of… Read More>>
Allianz, APG Invest $150M Each in Godrej India Office Development Platform
The property investment arm of Allianz Insurance has committed $150 million to an office development platform in India set up by conglomerate Godrej Group, according to an announcement by the European insurer.
The joint venture, which is to be managed… Read More>>
Hong Kong Princeling Buys HK$916M Peak Pad and More Asia Real Estate Headlines
A generation Z tycoon-in-training leads the way in Mingtiandi’s roundup of real estate headlines today with news that the heir to a lesser-known Hong Kong fortune has purchased a house in Jardines’ Lookout for HK$916 million ($117.33 million), or HK$105,603… Read More>>
Warburg Pincus Leads $35M Investment in India Startup and More Asia Real Estate Headlines
With much of east and southeast Asia on holiday last week, India moved to centre stage as Warburg Pincus made a bet on a tech startup that could boost the company’s portfolio of logistics assets.
Also on the subcontinent, a… Read More>>
Xi’an Opens Walking Lane for Phone Addicts and More Asia Real Estate Headlines
Leading today’s roundup, urban planners have handed a victory to mobile phone addicts in the northern Chinese city of Xi’an, where a special lane has been opened for pedestrians to stroll while stroking their screens. Also in the headlines, US… Read More>>
GIC Picks Up $150M Stake in Godrej Properties, Boosting India Bet
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>>
