Blackstone Group is reportedly in talks to acquire a $525 million India real estate fund, adding to the US private equity giant’s $3 billion of property investments in the country. The New York-based company is looking to buy ILFS India… Read More>>
Ascendas-Singbridge Launches $500M India Logistics JV
Ascendas-Singbridge has become the latest international real estate investor to bet on India’s industrial real estate sector after the Singaporean developer announced a joint venture with Bangalore-based industrial specialists Firstspace Realty.
The new joint venture, Ascendas-Firstspace, hopes to close its… Read More>>
JLL Sells India Residential Division to Former MD Anuj Puri
International property consultancy JLL is selling its India residential brokerage arm to former India head Anuj Puri. Puri, who left the firm on 28 February, has worked closely with the JLL India and Asia Pacific leadership teams to complete the… Read More>>
Canada’s CPPIB Inks $246M India Retail Deal with Phoenix Mills
The Canada Pension Plan Investment Board (CPPIB) and Phoenix Mills have teamed up to develop, own and operate retail assets across India in a deal that could see Canada’s biggest pension fund investing up to $246 million into the Indian… Read More>>
Country Garden Plans First India Project in 2017 and More Asia Real Estate Headlines
China’s third largest developer is now targetting another overseas market, as Country Garden announced plans to move into India. Also in the headlines today, China Oceanwide agrees to buy tech media group IDG, and CapitaLand has a new commercial project… Read More>>
After China Splurge, CPPIB Kicks Tires On $300M Indian Mall Deal and More Asia Real Estate Headlines
While China had Singles’ Day earlier this month, Friday brings about the biggest shopping day in America, Black Friday. Not to be outdone by overzealous shoppers looking to grab the hottest toy, several real estate players made their own purchases… Read More>>
Panel Urges Ban on Chinese SOE Acquisitions in the US and More Asia Real Estate Headlines
Friday brings good news for Wheelock while Hong Kong homebuyers and China’s state owned enterprises are probably looking forward to get the week done with. Starting with the good, Wheelock won a residential site in its home market for HK$6.39… Read More>>
Asia’s Hottest Real Estate Market? It’s India
What do Blackstone, Dalian Wanda, Brookfield and Fosun International all have in common? They are among the big name players who have invested billions of dollars into India’s real estate market. And it looks as if they are not the… Read More>>
Blackstone’s Stephen Schwarzman Banks $250M in 5 Days Thanks To Chinese Buyers
What’s another $250 million to a billionaire? Probably not much, but it still wasn’t a bad five days at the office for Blackstone boss Stephen Schwarzman whose net worth jumped a quarter of a billion dollars last week thanks to… Read More>>
Singapore’s GIC Invests $720 Mil in Indonesian Warehouses And More Asia Real Estate Headlines
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>>
