Singapore was celebrating Children’s Day on Friday but the country’s sovereign wealth fund was still hard at work making a $752 million India retail investment before the weekend, with US private equity firm TPG also putting some cash into the… Read More>>
Singapore’s ARA Asset Management leads today’s real estate headlines in Asia Pacific as the Warburg Pincus-backed fund manager formalises its takeover bid for an Aussie real estate investment firm.
A pair of Softbank-backed startups also reappear with… Read More>>
ARA US Hospitality Trust has agreed to acquire a 390-key trio of select-service hotels in the US for $84.5 million, just six months after the trust raised $498 million in its debut on the Singapore stock exchange.
The trust has… Read More>>
With mainland China and Hong Kong taking a break to honour the dear departed on Friday, stories from Singapore and Australia push their way to the top of Asia’s real estate news. In the Lion City, the government has chosen… Read More>>
The CEO of Southeast Asia’s largest property developer leads this week’s roundup of people moves, with CapitaLand announcing that its top executive will be calling it quits at the end of the year. Also of note, a Paris-based resort operator… Read More>>
Dalian Wanda Group is saying goodbye to its partnerships with foreign hotel operators as the Chinese conglomerate continues its quest to build the first globally recognised Chinese premium hotel brand.
While the company has been forced to abandon its attempts… Read More>>
Hong Kong’s Gaw Capital has agreed to purchase the Marriott City Center hotel in Oakland California for $143 million, according to sources familiar with the transaction who spoke with Mingtiandi.
The private equity real estate shop is buying the 494-room… Read More>>
China’s 2016 housing boom continued to taper off in June as growth in average home prices slowed again following purchase restrictions in the largest cities. Also, one of the mainland’s biggest developers signs up to invest $5 billion in India,… Read More>>
In a brief message last Thursday, China’s Anbang Insurance abandoned their $14 billion bid for Starwood Hotels and Resorts Worldwide, with the mainland acquisition machine and its deal partners saying only that “due to various market considerations, the Consortium has… Read More>>
On Monday, China’s Anbang Insurance stunned the world – and Marriott International – with an all cash $14 billion offer for Starwood Hotels and Resorts Worldwide.
The offer, which reportedly was Anbang’s sixth attempt to buy the US hotel chain,… Read More>>