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Solar panels on Singaporean rooftops

Facebook Taps SG Rooftops to Power Data Centre and More Asia Real Estate Headlines

2020/10/06 by Shiunne Bulsombut Leave a Comment

The promise of a greener data centre leads today’s real estate news as Facebook signs a deal that promises to power its Singapore bit barn through solar panels on top of the city’s omnipresent apartment blocks.

Also seeking some sustainability… Read More>>

Reliance Market in India

KKR Agrees to Pay $755M for Stake in Reliance Retail and More Asia Real Estate Headlines

2020/09/23 by Shiunne Bulsombut Leave a Comment

India looms large in today’s real estate news from around the region with US buyout giant KKR jumping into the country’s shopping scene by purchasing a stake in Reliance Group. That deal comes in the same month that KKR… Read More>>

KKR, TPG Lead S$300M Round for SG’s PropertyGuru and More Asia Real Estate Headlines

2020/09/03 by Shiunne Bulsombut Leave a Comment

Technology seems to finally be enjoying its day in the real estate industry’s centre ring this week as news of a fresh funding round for an online property platform adds to near-daily coverage of data centre initiatives.

… Read More>>

John Pattar KKR

KKR Raises $698M for Asia Real Estate Partners Fund

2020/06/27 by Mingtiandi Team Leave a Comment

Private equity pioneer KKR has raised nearly half of the $1.5 billion in capital that it has been targeting for its first real estate fund focused on Asia, according to a recent SEC filing.

The New York headquartered firm has… Read More>>

ashish shashtry

KKR, Temasek Invest $650M for Stake in Vietnamese Developer

2020/06/18 by Michael Cole Leave a Comment

Just 25 months after raising $1.35 billion in what then ranked as Vietnam’s largest IPO ever, Hanoi-based residential developer Vinhomes is selling a minority stake in the company to a KKR-led consortium for VND 15.1 trillion (US$650 million), according to… Read More>>

KKR Consortium Buys Seoul Office for Reported KRW 500B 

2020/03/03 by James Hatton Leave a Comment

A consortium led by KKR has purchased an office tower in Seoul for a reported KRW 500 billion ($420 million), marking the US private equity giant’s fourth property investment in South Korea.

KKR said in a statement announcing the acquisition… Read More>>

John Pattar KKR

KKR Sells Seoul Logistics Facility to Pebblestone Asset Management

2020/02/04 by James Hatton Leave a Comment

A KKR-led consortium is selling a newly developed logistics facility near Seoul, according to an announcement today by the company, as the rise of South Korea’s e-commerce sector helps drive investor demand for warehouse assets.

The US private equity giant… Read More>>

Asia Real Estate People in the News 2019-11-25

2019/11/25 by James Hatton Leave a Comment

In this week’s edition of Mingtiandi’s People in the News, the head of broker development at WeWork India has announced her resignation as the co-working giant lays off 2,400 staff.

In other people moves around the region, the CEO of… Read More>>

PropertyGuru Cancels A$1.2B IPO Amid “Market Uncertainty” 

2019/10/23 by James Hatton Leave a Comment

PropertyGuru has pulled its proposed initial public offering, just two weeks after filing its IPO prospectus with the Australian Securities and Investment Commission.

The Southeast Asia property listings platform, which was seeking to raise up to A$380 million ($260 million)… Read More>>

John Pattar KKR

KKR JV Acquires Shanghai Commercial Project Via $1.5B Fund

2019/09/02 by James Hatton Leave a Comment

KKR has partnered up with a Shanghai-based fund manager to acquire a commercial development near the city’s historic Bund waterfront, according to people familiar with the matter.

The US private equity pioneer is making the investment through a joint venture that… Read More>>

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