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>>
CapitaLand Divests Stake in Indian Mall Portfolio for $54M
CapitaLand is selling its stake in six malls and a 50 percent share of a mall management company in India for $53.8 million, according to a statement released Friday. The Singaporean property giant is selling off its share of the… Read More>>
Logos Announces $800M India Expansion With Ivanhoe Cambridge and Quadreal
Canada’s Ivanhoé Cambridge and QuadReal Property Group are backing Logos Property’s India expansion through a joint venture that expects to invest $800 million in logistics facilities across the country, as global investors look to capitalise on India’s fast-rising industrial real… Read More>>
Allianz Sets Up $500M India Office Fund with Shapoorji Pallonji Group
German financial giant Allianz this week announced that it has partnered with India’s Shapoorji Pallonji Group to establish SPREF II, a Singapore-domiciled, Indian rupee-denominated fund that aims to raise the equivalent of $500 million for real estate investments in India.
GIC Buys $1.4B Stake in Indian Office Developer
Singaporean sovereign wealth fund GIC is making a major bet on Indian real estate by purchasing a stake in a unit of DLF, India’s most valuable real estate developer, for 89 billion rupees (around $1.4 billion).
Through the… Read More>>
Warehouse Developer Logos Enters India with $400M Logistics JV
Ivanhoe Cambridge-backed logistics developer Logos Property is making its first move into India, teaming up with a local developer to build high-end warehouses across the country. The Aussie-managed firm is partnering with Assetz Property Group, a leading developer in India’s… Read More>>
Blackstone Said in Talks to Buy $525M Indian Property Fund
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>>