Indonesian mall developer and operator NWP Retail on Monday announced that it had received $200 million in investment from the Korean Teacher’s Credit Union (KTCU) and a fund managed by CITIC Securities, as well as from its primary backer, Warburg… Read More>>
UOL Continues Hospitality Expansion With $56M Double-Barreled Jakarta Deal
Less than two months after buying a $771 million site in central Singapore, SGX-listed UOL Group has taken its 2018 expansion program to Jakarta by purchasing 180 apartments at the city’s Thamrin Nine development and inking a deal to manage a… Read More>>
Softbank Leads $20M in Funding for Indonesian Co-Working Provider’s SE Asia Expansion
Indonesia’s largest co-working operator, EV Hive, has bagged $20 million in fresh funding from a roster of investors including an affiliate of Japan’s SoftBank Group, as Southeast Asia’s flexible space race continues to heat up.
The funds from the series… Read More>>
Carlyle Adds New Leaders for Vietnam, Indonesia to SE Asia Team
The Carlyle Group, the world’s top private equity firm in terms of fundraising, is boosting its Southeast Asia team with two senior hires in Jakarta and Singapore.
Carlyle has hired Robby Winarta as Managing Director and Long Hoang as Director… Read More>>
$1B Trump Indonesia Project Gets Chinese Backing and More Asia Real Estate Headlines
Leading today’s roundup, a Chinese state-owned behemoth is investing in a billion-dollar theme park development outside Jakarta — raising questions about the project’s Trump-branded properties in the midst of a Sino-American trade clash. Also in the headlines, Singapore has launched… Read More>>
WeWork to Open Two Centres in Jakarta Amid SE Asia Growth Drive
Global flexible office giant WeWork is ramping up its presence in Southeast Asia with an upcoming debut in Indonesia, potentially followed by Thailand, Malaysia and the Philippines by year-end, the company announced.
The $20 billion New York-based startup will open… Read More>>
James Allan Takes Over Top Spot at JLL Indonesia, Todd Lauchlan to Run NZ Office
Global property brokerage JLL is making a key leadership change in Southeast Asia by naming James Allan as Country Head of its Indonesia business.
Allan, who jointly heads up JLL’s office leasing team in Shanghai with Anny Zhang, starts the… Read More>>
CapitaLand Fund Invests $55M in Indonesia in SE Asia Growth Drive
Singapore’s CapitaLand is boosting its portfolio in Indonesia by picking up a serviced residence project in downtown Jakarta for S$74.3 million ($55 million), as part of the developer’s growth drive across southeast Asia.
CapitaLand unit The Ascott Limited is acquiring… Read More>>
Ivanhoe Cambridge and CPPIB Team with Logos for $484 Mil SE Asia Warehouse Platform
Australia and China-based Logos Property has secured new capital commitments from Canadian fund managers CPPIB and Ivanhoe Cambridge that give the logistics real estate developer a $484 million platform for developing and acquiring warehouse facilities in southeast Asia, according to… Read More>>
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