Unified Industrial, a regional developer and fund manager backed by Macquarie Asset Management, has agreed to acquire the property and fund management business of SGX-listed Boustead Singapore to create a new platform with $3.5 billion in assets under management across… Read More>>
Macquarie-Backed Local Residential Unveils $168M Melbourne Project
Local Residential, the Australian build-to-rent platform backed by Macquarie Asset Management, has announced an apartment project in central Melbourne with a completed value of A$270 million ($167.8 million).
The development in the inner suburb of Southbank, just south of the… Read More>>
Macquarie Said Selling Seoul Hotel to KB AMC for $119M and More Asia Real Estate Headlines
Australian investment giant Macquarie is close to selling a Seoul hotel to KB Asset Management, with that report leading today’s headline roundup. Also in the news, a KKR-managed REIT acquires a western Tokyo logistics site and Singapore’s UOL teams with… Read More>>
Macquarie to Launch Japan Infrastructure REIT and More Asia Real Estate Headlines
Australia’s Macquarie Asset Management is set to introduce Japan’s first publicly offered trust investing in private infrastructure, with that story leading today’s headline roundup. Also making the list, Hong Kong’s Henderson Land lays out a plan for a dozen project… Read More>>
Macquarie Asset Management to Invest Up to $5B in Crypto Firm Turned Data Centre Startup
Less than a month after selling its majority stake in Asia Pacific server-hosting giant AirTrunk, Macquarie Asset Management has agreed to provide up to $5 billion in funding for US data centre startup Applied Digital.
Under the deal terms, a… Read More>>
ADIA-Backed Fund Raising $4B for India Infra and More Asia Real Estate Headlines
An Indian infrastructure fund backed by Abu Dhabi’s state investment firm aims to raise $4 billion, with that potential deal leading today’s headline roundup. Also making the list, a consortium reveals plans to buy a hotel near Singapore’s main airport… Read More>>
Macquarie Buying Half-Stake in Shinsegae Korea Mall Project for $48M
Macquarie Asset Management is acquiring a half-stake in a mall project near South Korea’s southeastern coast for KRW 64.5 billion ($48 million), according to company representatives and a statement by its new joint venture partner.
The Australian investor is buying… Read More>>
Blackstone, CPPIB to Buy Data Centre Giant AirTrunk in $16B Deal
Blackstone has agreed to buy Australia’s AirTrunk in a deal valuing the data centre company at A$24 billion ($16.1 billion), with the private equity titan set to team up with the Canada Pension Plan Investment Board on the acquisition.
The… Read More>>
Unified Industrial Completes, Finds Buyer for Osaka Shed Project With Macquarie
Tokyo-based Unified Industrial has completed and sold the first phase of its warehouse complex in Shiga prefecture northeast of Osaka, as shed developers race to add supply in support of the e-commerce sector in Japan’s Chubu and Kansai regions.
A… Read More>>
Macquarie Asset Management Buying Seoul Data Centre From IGIS for $530M
Macquarie Asset Management has agreed to acquire the 40-megawatt Hanam Data Centre near Seoul for KRW 734 billion ($530 million), confirming June reports that the Aussie firm was in due diligence to buy the soon-to-be-completed facility from South Korea’s IGIS… Read More>>