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Wu Yue China Orient Asset Management

China Orient Predicts Surge in Bad Real Estate Loans and More Asia Real Estate Headlines

2018/07/07 by Michael Cole Leave a Comment

China’s turbulent financial markets lead today’s real estate news from around the region as one of the mainland’s four major “bad asset banks” predicts trouble for overstretched developers. Despite the turmoil further north, investors in Singapore are still showing enthusiasm… Read More>>

Jitendra Virwani

Blackstone, Embassy Prepare for $1B IPO of India’s First REIT

2018/06/20 by Benjamin Cole Leave a Comment

Private equity giant Blackstone and Bangalore’s Embassy Group are getting ready to list India’s first real estate investment trust as they target a $1 billion September IPO for a joint venture business park porfolio.

The New York-based investment group and… Read More>>

Diwan-Amit Hines

Hines India’s Stake in Gurgaon Office Tower Could Fetch $175M

2018/06/11 by Greg Isaacson Leave a Comment

Global real state developer Hines plans to sell its 50 percent stake in its first project in India, a premium commercial tower outside of New Delhi, in a deal estimated to fetch around 11.8 billion rupees ($175 million).

A Hines… Read More>>

promeet ghosh

Ascendas-Singbridge Reveals $300M India JV with Temasek, Said Close to UK Deal

2018/06/06 by Shawna Kwan Leave a Comment

Singapore’s Ascendas-Singbridge Group today announced a new S$400 million ($300 million) investment programme with government giant Temasek Holdings to develop a portfolio of as much as 15 million square feet (1.39 million square metres) of industrial real estate projects in… Read More>>

Jitu Virwani

WeWork India Said in Talks with Goldman, Warburg Pincus, GIC to Raise $200M

2018/06/03 by Greg Isaacson Leave a Comment

The Indian arm of US co-working giant WeWork is reported to be in early stage talks with investors including Goldman Sachs and Warburg Pincus to raise up to $200 million, a move that could boost WeWork India’s valuation to as… Read More>>

Ascendas India Trust Buys Amazon’s Hyderabad Home in $200M Deal

2018/05/21 by Shawna Kwan Leave a Comment

Amazon will soon have a new landlord in India’s fourth largest city, as Ascendas India Trust announced today that it is acquiring seven buildings in a business park in Hyderabad.

The Singapore-listed affiliate of developer Ascendas-Singbridge is paying a combined… Read More>>

Ascendas India Trust Inks $139M Deal for Mumbai-Area Tech Park Projects

2018/05/15 by Greg Isaacson Leave a Comment

Ascendas India Trust is making its maiden tech park investment in the rising corporate hub of Navi Mumbai, by agreeing to buy up two buildings under development in a deal worth up to S$186 million ($139 million).

The Singapore-listed property… Read More>>

GIC Picks Up $150M Stake in Godrej Properties, Boosting India Bet

2018/05/07 by Greg Isaacson Leave a Comment

GIC is ramping up its exposure to Indian real estate, with an investment firm managed by the Singaporean sovereign wealth fund buying a stake in Mumbai-based developer Godrej Properties Ltd for about Rs 1,000 crore ($150 million).

Godrej Properties said… Read More>>

Ashish Khandelia KKR

KKR India Real Estate Head Said Leaving to Start New Business

2018/05/01 by Michael Cole Leave a Comment

KKR India real estate chief Ashish Khandelia is said to be leaving the US private equity firm to start his own business, according to an account this week in Singapore-based Dealstreet Asia.

Khandelia would be leaving the US buyout giant… Read More>>

Singapore’s Asia Gardens Site Sells for $262M and More Asia Real Estate Headlines

2018/04/17 by Greg Isaacson Leave a Comment

Singapore’s collective sale gold rush leads today’s news roundup, with another en bloc housing site changing hands near the city’s downtown core for $262 million. And further north in the city-state, a residential site has gone on sale with a… Read More>>

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