Samty Holdings has sold 30 multi-family properties with a gross asset value of JPY 49 billion ($330 million), as the Japanese real estate firm continues to transform from a developer model into an asset manager focused on the living sector… Read More>>
Hillhouse’s Rava Takes Majority Stake in Dash Living With $150M Investment Plan
With Asia Pacific’s living sector becoming a top target for real estate investors globally, Rava Partners is taking a majority stake in a rental housing platform that now manages some 2,000 rooms across the region.
The real estate division of… Read More>>
Hillhouse Investment Real Assets Division Rebrands as Rava Partners
Four years after setting up a dedicated real estate division and a year and a half after closing on $2 billion in capital for that strategy, Hillhouse Investment has given its property division an independent identity as Rava Partners, according… Read More>>
Hillhouse Reaches $2B Close on First Asia Real Estate Fund with $300M Boost From CPPIB
Canada’s CPP Investments (CPPIB) revealed earlier this month that it had committed $300 million to Hillhouse Capital Group’s inaugural real estate fund during the quarter ending 30 June, with that vehicle having now reached a final close at over $2… Read More>>
New World Selling HK Bus Biz for $410M and More Asia Real Estate Headlines
After selling some of its peripheral property holdings in Hong Kong during June, New World Development seems to be freeing up more cash with an agreement to sell off its Hong Kong bus franchises to a private equity fund managed… Read More>>
GIC to Invest Up to $1B in China Rental Housing JV with Warburg Pincus-Backed Nova
Singaporean sovereign wealth fund GIC is making its first foray into China’s rental housing market by establishing a joint venture with Warburg Pincus-backed rental housing startup Nova. According to a joint announcement today by GIC, Nova and Warburg Pincus, the… Read More>>
Warburg Pincus Invests $183M in China Rental Apartment Platform
Warburg Pincus is betting on China’s rental housing market by redoubling its investment in a rental residence platform it co-founded, Shanghai-based Nova Property Investment. An affiliate of the global private equity giant is committing $183 million to Nova, aimed at… Read More>>