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>>
Macquarie Spinning Off $12B Core, Core-Plus Strategy Into Manova Partners
Macquarie Asset Management is spinning off its core and core-plus real estate activities into an independent investment manager with €11.4 billion ($12.4 billion) in assets under management.
The new business, called Manova Partners, will largely consist of the real estate… Read More>>
SC Capital’s Japan Hotel REIT Seals $350M in Buys and More Asia Real Estate Headlines
SC Capital-sponsored Japan Hotel REIT closes on the acquisition of four properties, with that story leading Mingtiandi’s headline roundup today. Also making the list, Equinix explores the sale of stakes in Hong Kong data centres and China’s CITIC Trust sues… Read More>>
Macquarie Asset Management Hits Final Close for $1.9B Opportunistic Property Fund
Macquarie Asset Management has reached final close for an opportunistic real estate fund, with the vehicle having raised $1.9 billion in equity commitments to deploy under a global mandate focused predominantly on developed markets.
The investment management arm of Sydney-based… Read More>>
Hong Kong Businessman Loses Aussie Resort Island and More Asia Real Estate Headlines
Australian authorities have stripped a Hong Kong businessman of a stalled Queensland resort project, with that story leading Mingtiandi’s headline roundup today. Also making the news is a bargain-hunting Australian pension fund and Shenzhen’s Kaisa Group wins a reprieve in… Read More>>
Macquarie Said in Due Diligence to Buy Seoul Data Centre From IGIS
Korea’s IGIS Asset Management has selected Macquarie Asset Management as the preferred bidder for a data centre near Seoul as an undersupplied market heats up competition for digital infrastructure assets in the North Asian nation.
The Australian investment manager is… Read More>>