Plans for a new industrial REIT on the Singapore Exchange lead today’s review of real estate news from around the region, as China’s JD.com teams with a Hillhouse-backed industrial player and Switzerland’s Partners Group on the way to a new… Read More>>
Canada’s PSP Commits Up to $522M for Aussie Shed Fund and More Asia Real Estate Headlines
Canadians investing in Australia lead today’s review of real estate headlines from around Asia Pacific, as the Public Sector Pension Investment Board signs up for an industrial venture. Also making the list today is Korea’s NPS choosing value-add fund managers… Read More>>
Chinese Investor JY Group Buys Half-Stake in Northern Sydney Mall for $91M
JY Group has acquired its second half-stake in an Australia mall in less than two months, with the Chinese investor picking up a 50 percent interest in a northern Sydney shopping centre for A$135.5 million ($91.3 million).
JY purchased its… Read More>>
GIC Sells Half-Stake in Perth Mall to Chinese Investor JY Group for $133M
Singapore sovereign fund GIC has completed the sale of its 50 percent interest in a Western Australia mall to Chinese investor JY Group for A$195 million ($132.8 million).
The half-stake in Westfield Whitford City marks JY’s first joint venture with… Read More>>
GIC Buys Stake in Blackstone European Hotels, Takes 45% Haircut on Aussie Mall
GIC announced on Tuesday its purchase from Blackstone of a 35 percent stake in Mediterranean luxury hotel owner Hotel Investment Partners (HIP) in a move to capitalise on the burgeoning resort market in southern Europe.
The acquisition puts 72 more… Read More>>
Chinese Investor JY Group Buys Half-Stake in Sydney Mall From Telstra Super for $78M
Chinese investor JY Group has added to its collection of Australian retail assets by picking up a 50 percent stake in a suburban Sydney mall for A$120.5 million ($78.2 million).
JY Group purchased its half-interest in the Carlingford Court shopping… Read More>>
Haben, JY Team Up to Buy Melbourne Mall From M&G and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a Hong Kong outfit buys an Australian shopping mall from M&G, a Sichuan-based developer becomes China’s latest debt debacle, and Singapore state holding firm Temasek reports a nearly 25 percent return in the… Read More>>