Asia real estate and outbound investment news
Hong Kong-based private equity heavyweight PAG has expanded its operations in India, including bringing on board a KKR veteran to help direct its buyout business in the country, according to an announcement this week by the firm.
Nikhil Srivastava, who… Read More>>
Warburg Pincus-backed Lemon Tree Hotels has entered into a preliminary agreement to purchase Keys Hotels, a unit of New York’s Berggruen Hotels, according to a stock exchange filing by the New Delhi-based company.
Should the transaction take place, it would… Read More>>
Canada’s Brookfield Asset Management has agreed to purchase a set of four hotels, a hospitality development project and branding rights to one of India’s elite hotel chains from Hotel Leela Venture for INR 39.5 billion ($576 million), according to a… Read More>>
Leading today’s top real estate stories from around the region, developers from Hong Kong and the mainland may soon be scraping up their change to bid for a prime commercial site atop Hong Kong’s high-speed rail terminus which could sell… Read More>>
Blue-chip Hong Kong developer Sun Hung Kai Properties leads Mingtiandi’s collection of news stories from around Asia today as the company announces that it intends to nearly double its investment portfolio in Mainland China by 2023 on the same day… Read More>>
Just days after acquiring a key site in Melbourne to develop into a new logistics and distribution estate, Logos bagged two logistics parks in Chennai, India, from Casa Grand Group for INR 7 billion ($98.4 million) with this being its… Read More>>
India’s Goods and Services Tax Council announced on Sunday that the country would lower taxes on unfinished and affordable homes, as Prime Minister Modi’s ruling Bharatiya Janata Party strives to boost the real estate sector ahead of the general elections… Read More>>
Private equity giant KKR this week announced an INR 7.25 billion ($102.5 million) investment a premium office complex by Bangalore-based developer Embassy Group in the Indian firm’s tech-driven home town.
KKR is backing an Embassy project to develop one million… Read More>>
Shared space giant The We Company brought in $2 billion in fresh cash this week, but already $1 billion of that may be on its way out the door, as the New York-based firm formerly known as WeWork seeks to… Read More>>
Institutional investment into India’s real estate sector is estimated to have reached its highest annual level in ten years in 2018, driven by a mix of steady economic growth and ongoing policy changes, according to a report by property consultancy… Read More>>
