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Wang Yonghong Zhonghong

Mainland Developer Surrenders Seaworld Shares After Default and More Asia Real Estate Headlines

2019/05/08 by Michael Cole Leave a Comment

The financial struggles of yet another mainland China investor who purchased asset from Blackstone lead today’s headlines from around the region, as Zhonghong Zhuoye learns the Seaworld isn’t all fun and games.

Also in the world of the big fish… Read More>>

Nikhil Srivastava

PAG Expands in India, Picks KKR Vet to Head PE Business

2019/04/04 by Michael Cole Leave a Comment

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>>

Patu Keswani

Warburg Pincus-Backed Lemon Tree Buys Indian Rival Keys Hotels

2019/03/19 by Jan Kot Leave a Comment

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>>

Ankur Gupta Brookfield

Brookfield Buying India’s Leela Hotels for $576M

2019/03/19 by Michael Cole Leave a Comment

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>>

west kowloon station2

Kowloon West Megasite Could Sell for HK$100B and More Asia Real Estate Headlines

2019/03/02 by Nina Suebsukcharoen Leave a Comment

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>>

raymond_kwok

SHK Could Double Mainland Portfolio and More Asia Real Estate Headlines

2019/02/28 by Nina Suebsukcharoen Leave a Comment

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>>

Logos India CEO Mehul Shah

Logos Buys Pair of Chennai Logistics Parks for $98.4M

2019/02/26 by Nina Suebsukcharoen Leave a Comment

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>>

Modi India

Modi Govt Cuts Real Estate Taxes by 87% in Run-Up to Election

2019/02/25 by Jesus Alcocer Leave a Comment

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>>

Embassy's Jitu Virwani

KKR Invests $102M in Embassy Group’s Latest India Office Project

2019/02/12 by Jesus Alcocer Leave a Comment

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>>

jitendra-virani embassy

WeWork May Pay $1B to Buy Out India JV Partner and More Asia Real Estate Headlines

2019/01/10 by Michael Cole Leave a Comment

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>>

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