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Victor Tan, executive director and CEO of First REIT’s manager

CVC-Backed Hospital Chain Makes Offer for First REIT’s $599M in Indonesian Assets

2025/01/14 by Bianca Cuaresma Leave a Comment

A Singapore-listed healthcare REIT looks set to continue its shift toward Asia Pacific’s developed markets, with a potential deal on the way to sell 14 Indonesian hospitals  valued at S$820.5 million ($599.3 million) to its private equity-backed tenant.

OUE Ltd-… Read More>>

Matthew Strotton of Real Asset Management

GIC Ties Up With Australia’s RAM for Healthcare Real Estate JV Down Under

2023/11/16 by Kevin He Leave a Comment

Australian investment manager Real Asset Management (RAM) has launched a healthcare-focused property fund in a joint venture with an unnamed partner understood to be Singaporean sovereign fund GIC.

The RAM Australia Healthcare Opportunity Fund (HOF) will build a “low risk,… Read More>>

Patricia Goh Capitaland

CapitaLand Investment Sets Up $256M Wellness, Healthcare Fund with Thailand’s Pruksa

2023/11/02 by Poonyapat Luenam Leave a Comment

Singapore’s CapitaLand Investment is setting up a S$350 million ($256 million) fund with Thai developer Pruksa Holding to invest in wellness and healthcare-related real estate assets in Southeast Asia.

After the initial joint commitment, CapitaLand Investment Wellness Fund (C-Well) is… Read More>>

Donald Choi Chinachem

Hong Kong’s Chinachem Moves into Healthcare with $57M Acquisition

2022/08/31 by Christopher Caillavet Leave a Comment

Hong Kong developer Chinachem has agreed to pay HK$451.2 million ($57.5 million) for a majority stake in a Hong Kong-listed senior care provider as the company prepares to expand into healthcare and senior living.

Privately held Chinachem will acquire a… Read More>>

Pua Seck Guan

SG’s Perennial Plans to Build Up to 40 Private Hospitals in China

2016/01/18 by Michael Cole Leave a Comment

Singapore’s Perennial Real Estate Holdings on Friday announced its second and third private healthcare projects in China, with plans to add up to 40 such developments across the country.

The announcement of the two projects in Chengdu, the capital of… Read More>>

Wang Jianlin

$2.3B Hospital JV is Latest New Business Plan for Wang and Wanda

2016/01/10 by Michael Cole Leave a Comment

Dalian Wanda, the property conglomerate owned by China’s richest man, Wang Jianlin, has announced its latest new business line, a $2.3 billion joint venture to build private hospitals on the mainland.

In a statement issued following meetings between Wang and… Read More>>

Dai Dyfed Evans

CITIC Opens JV Medical Facility in Kunming with UK Investor

2015/09/29 by Michael Cole Leave a Comment

China took another step towards offering foreign-invested medical facilities today when it opened a new UK-invested healthcare centre in Yunnan province.

The Heythorp CITIC Care Health Centre in Kunming has been established as a joint venture between UK-based Heythorp Healthcare… Read More>>

China Vanke Wang Shi

Vanke Takes a Healthy Gamble on China’s Hospital Sector

2014/04/22 by Michael Cole Leave a Comment

China’s largest real estate developer by sales is getting ready to sell beds, instead of just houses, as Vanke announced this week that it plans to enter the nation’s hospital industry.

Speaking at a conference on Sunday, Wang Shi, the… Read More>>

5 Corporate Avenue

UK Group to Invest £40 million in China Health Centres

2013/12/08 by Michael Cole Leave a Comment

Heythorp Healthcare, a London-based health and community care company plans to invest £40 million (US$65 million) to develop health care centres in China.

The plan is based on memoranda of understanding between Heythorp and China-based partners that were signed during… Read More>>

Evergrande Joins with Harvard to Build Hospitals in China

2013/12/05 by Michael Cole Leave a Comment

Evergrande Group, one of China’s largest real estate developers, will soon be developing private hospitals in the country under a cooperation agreement with Harvard University.

Harvard and Evergrande jointly announced the agreement, which was signed on Monday, which calls for… Read More>>

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