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jimmy phua CPPIB

Canada’s CPPIB Backs $200M Logos Joint Venture in Indonesia

2021/01/04 by Michael Cole Leave a Comment

Logos Property has raised some fresh cash to expand its Southeast Asia footprint, as the Sydney-based logistics developer and fund manager today announced a new joint venture with the Canada Pension Plan Investment Board (CPPIB).

The board, which managed nearly… Read More>>

NWP Retail - Timothy Daly - CEO

Warburg Pincus-Backed Retail Platform Buys 5 Indonesian Malls for $123M

2020/01/01 by Michael Cole 1 Comment

A Warburg Pincus-backed retail real estate venture in Indonesia chose the last day of 2019 to announce the year’s largest shopping centre acquisition, buying a set of five malls for approximately rupiah 1.74 trillion ($123.5 million).

Nirvana Wastu Pratama, better… Read More>>

Wu Xiaohui

17 Bidders Offer Up to $5.8B for Anbang US Hotels and More Asia Real Estate Headlines

2019/05/22 by James Hatton Leave a Comment

A disgraced Chinese insurer leads the way in our roundup of Asia real estate news today as the company’s administrators field offers of up to $5.8 billion for its set of US luxury hotels.

While that mainland investor winds up… Read More>>

UOL Deputy CEO Liam Wee Sin

UOL Continues Hospitality Expansion With $56M Double-Barreled Jakarta Deal

2018/07/18 by Richard Meyer Leave a Comment

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>>

$1B Trump Indonesia Project Gets Chinese Backing and More Asia Real Estate Headlines

2018/05/15 by Greg Isaacson Leave a Comment

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>>

Turochas Fuad spacemob

WeWork to Open Two Centres in Jakarta Amid SE Asia Growth Drive

2018/04/25 by Greg Isaacson Leave a Comment

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>>

SG East Coast Condo Project Could Sell for $3.1B And More Asia Real Estate Headlines

2018/03/27 by Greg Isaacson Leave a Comment

Leading today’s roundup, the owners of Singapore’s Mandarin Gardens condominium agreed to put the mammoth project up for collective sale — but it won’t be cheap. Also in the headlines, a Singaporean developer is chipping in to a European property… Read More>>

Regus Co-Working Brand Expands into Bangkok, Jakarta

2017/11/22 by Greg Isaacson Leave a Comment

The global co-working craze has spread to Southeast Asia, where Amsterdam-based Spaces is raising its profile by preparing to open two more shared workspace venues in Bangkok and Jakarta.

Spaces, a subsidiary of serviced office giant IWG (the parent company… Read More>>

CapitaLand Fund Invests $55M in Indonesia in SE Asia Growth Drive

2017/09/06 by Greg Isaacson Leave a Comment

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>>

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