Asia real estate and outbound investment news
IGIS Asia Investment Management, the Singapore-based investment arm of South Korea’s IGIS Asset Management, has teamed up with a leading Korean biopharmaceuticals group to launch a new platform for life science real estate investments across Asia Pacific.
The venture, which… Read More>>
IGIS Asia Investment Management, the pan-Asia fund management arm of South Korea’s IGIS Asset Management, has closed on its second data centre fund with a haul of KRW 190 billion ($151 million) as the Greater Seoul area emerges as a… Read More>>
In today’s roundup of regional news headlines, NTUC is said to be scaling back the planned sale of its mall portfolio in Singapore, while the city-state’s heavy-hitting sovereign investors are reportedly in talks to lend support to a $10 billion… Read More>>
Canada’s QuadReal Property Group and Singapore-based IGIS Asia Investment Management have formed a $1 billion joint venture to develop logistics assets in South Korea, home to IGIS AIM’s parent group.
QuadReal will provide the majority of the JV’s capital, with… Read More>>
In today’s roundup of regional news headlines, CapitaLand China Trust reports a sharp rise in first-quarter earnings, the final battle takes shape among bidders for IFC Seoul, and a Chinatown asset could break the record for Singapore’s biggest-ever shophouse transaction.
In today’s roundup of regional news headlines, a report throws doubt on the planned Hong Kong IPO of Dalian Wanda’s mall unit, Chinese developer Logan makes an interest payment on an ailing bond, and private equity major KKR backs an… Read More>>
In today’s roundup of regional news headlines, private equity titan Blackstone sells out of its stake in an Indian office REIT, troubled China Evergrande settles into a new headquarters in a familiar city, and a Korean construction group ploughs cash… Read More>>
South Korea-based IGIS Asset Management has acquired a 520-unit multi-family asset in Alexandria, Virginia in partnership with US investor Timberline Real Estate Ventures, placing a bet on rental residential in one of America’s priciest cities for housing.
Located 10 miles… Read More>>
City Developments Ltd (CDL) is set to sell the Hilton Millennium Hotel in Seoul, along with an adjoining site, to local fund manager IGIS Asset Management for KRW 1.1 trillion ($930 million) as the Singapore-listed developer continues to divest loss-making… Read More>>
South Korea’s Public Officials Benefit Association has confirmed its commitment of an additional €200 million ($235.6 million) to a European investment vehicle managed by CBRE Global Investors and IGIS Asset Management, in a move that adds a third tranche of… Read More>>
