One of North America’s best-known private equity firms goes Gangnam-style to lead today’s list of Asia real estate headlines, by leading the acquisition of a $1.9 billion project in the posh area of Seoul with two of South Korea’s biggest… Read More>>
KKR Said Investing $262M in Trio of Mumbai Real Estate Deals
Private equity firm KKR is expanding its real estate investment in India by putting 18 billion Indian rupees (about $262 million) into three projects across greater Mumbai, according to the Economic Times. The firm is said to be investing about… Read More>>
KKR Hires CLSA Veteran John Pattar as Head of Asia Pacific Real Estate
KKR has appointed John Pattar as Member and Head of the company’s real estate business in Asia Pacific, according to an announcement today by the pioneering US private equity firm. Pattar joins KKR in Hong Kong from CLSA Real Estate,… Read More>>
M&G Said Close to Buying $1B Seoul Complex After KKR Drops Out
M&G Real Estate is poised to scoop up South Korea’s most expensive single property, as the arm of British insurer Prudential Plc will reportedly soon strike a deal to buy a new twin tower office complex in downtown Seoul for… Read More>>
KKR India Real Estate Head Said Leaving to Start New Business
KKR India real estate chief Ashish Khandelia is said to be leaving the US private equity firm to start his own business, according to an account this week in Singapore-based Dealstreet Asia.
Khandelia would be leaving the US buyout giant… Read More>>
KKR-Led Group Poised to Buy $1B Seoul Office Project in Record-Breaking Deal
A consortium led by US private equity giant KKR & Co is poised to land the biggest single-asset property deal in South Korean history by scooping up a twin office tower complex in Seoul worth an estimated 1.1 trillion won… Read More>>
GIC, KKR, OMERS Lead $1.75B Investment in India’s Largest Mortgage Lender
Singapore’s sovereign wealth fund GIC is joining US private equity pioneer KKR and other global investors to take a $1.75 billion stake in India’s largest mortgage lender, as the South Asian nation gears up for a housing boom.
Mumbai-based Housing… Read More>>
KKR To Open Third Greater China Office in Shanghai
Global private equity firm KKR is opening an office in Shanghai, marking its third location in Greater China after Beijing and Hong Kong. The new address in the mainland financial hub is aimed at enhancing the company’s focus on the… Read More>>
$72M Penthouse Seen Testing Singapore Luxury Market and More Asia Real Estate Headlines
Leading today’s real estate headlines in the region is a pricey Singaporean penthouse that comes with its own private pool, as the Lion City tests its nascent real estate recovery. Also in the news, China’s leading builder of outlet malls… Read More>>
Private Equity Pioneer KKR Raises $9.3B for Third Asian Fund
Leveraged-buyout pioneer KKR has closed on its third pan-Asian fund, after raising US$9.3 billion for private equity investments across the region, the New York-based global investment firm announced Friday. The new vehicle, Asian Fund III, is the largest ever private… Read More>>