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Sandeep Bagla Prakhhyat tb

Mirae Fund Buys Warehouse From Prakhhyat Group to Enter India Logistics Market

2023/01/08 by Beatrice Laforga Leave a Comment

The Indian arm of Mirae Asset Global Investments has acquired a Mumbai area warehouse from local builder Prakhhyat Group for INR 1.3 billion ($16 million), as the Korean asset manager looks for returns in the subcontinent’s real estate sector, according… Read More>>

China Rate Cut Boosts Developer Stocks and More Asia Real Estate Headlines

2022/08/22 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, a deeper-than-expected rate cut by China’s central bank sparks a rally in developer stocks, South Korea’s government requests changes in Mirae Asset’s $3 billion deal for IFC Seoul, and MGM China injects cash… Read More>>

Amazon Bakersfield

Korea’s Mirae Buys 8 Amazon Warehouses for $520M and More Asia Real Estate Headlines

2022/06/09 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, South Korean investor Mirae acquires eight Amazon-leased US warehouses, the Thai billionaire who controls Singapore-listed Frasers Hospitality Trust reportedly plans to take the REIT private, and Chinese developer Sunac moves to delay an… Read More>>

1800 North Mason Road in Katy, Texas (1)

Mirae Buys Houston Distribution Centre for $190M and More Asia Real Estate Headlines

2022/04/23 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, South Korean investment firm Mirae buys a warehouse in Texas, Singapore’s Wee Hur plans to sell a stake in its student accommodation fund, and the offer price for a Melbourne office complex up… Read More>>

GIC, Charter Hall Buy Canberra Office Tower for Record $236M

2021/12/07 by Beatrice Laforga Leave a Comment

Singapore’s sovereign wealth fund GIC has teamed up with Aussie fund manager Charter Hall to buy an office building in Canberra, Australia for A$335 million ($236.06 million) as it continues to ramp up its investment in the country’s booming office… Read More>>

digital realty mitsubishi

Mitsubishi Estate Plans $1.8B US Data Centre Push and More Asia Real Estate Headlines

2021/05/04 by Michael Cole Leave a Comment

A pair of Asian funds targeting US properties lead today’s collection of real estate headlines from around the region as Mitsubishi Estate hopes to cash in on the US capital region’s thirst for data and Korea’s Mirae Asset aims for… Read More>>

Mirae Asset Building in Seoul

Mirae Named Preferred Buyer for 3 US Warehouses and More Asia Real Estate Headlines

2020/09/10 by Shiunne Bulsombut Leave a Comment

Korean investors lead Asia’s real estate headlines again today as Mirae Asset Global Investments puts more of its cash into the US with Texas warehouse buy.

Also in the news, China state-owned developer Poly Global is losing some enthusiasm for… Read More>>

Chicago Intercontinental

Mirae Needs More Time to Close $5.8B Anbang Hotel Deal and More Asia Real Estate Headlines

2020/04/15 by James Hatton Leave a Comment

A luxury hotel deal leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the South Korean buyer is said to have asked for some more time to complete the $5.8 billion acquisition, as financing dries up… Read More>>

Mirae Sells Germany’s Cologne City Hall for €500M

2019/12/07 by James Hatton Leave a Comment

Korean investment manager Mirae Asset Global Investments has sold the Cologne city hall to Germany’s DIC Asset AG for €500 million ($555 million), achieving a 27 percent capital gain after holding the asset for just over three and a half… Read More>>

Park Hyeon Joo Mirae

Mirae Asset, Korea Post Buy Seoul Tower From ADIA and CBRE GI for KRW 589B

2019/04/29 by Michael Cole Leave a Comment

A unit of Korea’s Mirae Asset Financial Group has agreed to purchase the State Tower Namsan in Seoul for KRW 588.6 billion ($507 million), according to a statement last week from a brokerage representing the seller of the 24-storey office… Read More>>

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