US private equity giant Blackstone Group is building on its more than $5 billion of real estate deals in India by investing about 8 billion rupees ($123 million) in a pair of office projects in Hyderabad, according to reports. The… Read More>>
Hines Promotes Amit Diwan to Head of India Business
Global real estate developer Hines is introducing a new boss for its India operation as the Houston-based company promotes Amit Diwan to managing director and country head.
“We are confident that Amit will build on our standards of excellence in… Read More>>
Brookfield Closes in on Buying $185M India Office Block and More Asia Real Estate Headlines
India is back in the news today as the subcontinent’s real estate assets continue to show their appeal to the world’s largest private equity players. In addition to Brookfield’s reported offer for a Hyderabad office block, global brokerage Savills is… Read More>>
CLSA Links Up with Avignon for Europe Deals and More Asia Real Estate Headlines
Asian cross-border capital flows are at the top of the news again today, as Hong Kong-based CLSA is moving into Europe by partnering with a London-based asset management player. Singapore’s acquisitive sovereign wealth fund is making a slightly shorter trip… Read More>>
Ascendas-Singbridge Names Vinamra Srivastava CEO of India Operations
Ascendas-Singbridge has named Vinamra Srivastava as Chief Executive Officer for its India Operations and Private Funds, effective April 1, as the Singaporean business park builder gears up for a new chapter of growth in India’s property sector.
Srivastava joined the… Read More>>
Ivanhoé Cambridge Targets $630M in India Deals and More Asia Real Estate Headlines
Leading today’s real estate news, Ivanhoé Cambridge is looking to double its real estate investments in India — if it can find the right sites. Further east, a famed American toy retailer plans to roll out stores in Beijing and… Read More>>
Indian PE Giant Xander Group Buys Bangalore Office Tower For $55M
GIC was reported to be buying an office portfolio in Bangalore for $200 million earlier this week, and it appears that the Singaporean sovereign wealth fund is not the only investor betting on the continuing growth of the southern India… Read More>>
GIC Said Buying $200M Stake in Bangalore Office Portfolio
Singapore’s GIC may be adding $200 million in offices to its growing collection of Indian real estates assets, as the $100 billion sovereign wealth fund grows its $2 billion set of investments in the country’s property sector, according to an… Read More>>
Wanda Close To Selling Aussie Projects and More Asia Real Estate Headlines
Leading the news today, Dalian Wanda Group continues to unwind its overseas property empire, with reports emerging that the Chinese conglomerate is close to selling its flagship Australian projects — and the buyer could be a controversial mainland developer. Things… Read More>>
GIC, KKR, OMERS Lead $1.75B Investment in India’s Largest Mortgage Lender
Singapore’s sovereign wealth fund GIC is joining US private equity pioneer KKR and other global investors to take a $1.75 billion stake in India’s largest mortgage lender, as the South Asian nation gears up for a housing boom.
Mumbai-based Housing… Read More>>