South Korea’s IGIS Asset Management leads Mingtiandi’s headline roundup today as it agrees to buy bad loans linked to construction firm Taeyoung E&C in a debt workout plan. Also making the list, mainland new home prices squeak out a monthly… Read More>>
ADIA, Mubadala and Ares Confirmed as Partners in $8.3B PAG Takeover of Wanda Malls
PAG on Saturday joined with partners CITIC Capital, Ares Management, the Abu Dhabi Investment Authority and Mubadala Investment Company in confirming their takeover of Dalian Wanda Group’s primary shopping mall management business.
In a joint announcement the companies said they… Read More>>
Goldman Sachs, Mubadala Launch $1B APAC Private Debt Partnership
Goldman Sachs and Abu Dhabi’s Mubadala Investment Company have established a $1 billion partnership to invest in private debt opportunities across Asia Pacific, including real estate, in a bid to plug a financing gap left by traditional lenders.
The partners… Read More>>
Mubadala Aims to Double Asia Exposure and More Asia Real Estate Headlines
Mubadala Investment leads Mingtiandi’s headline roundup today with a goal to double its exposure to Asia to 25 percent of total assets. Also making the news, Bank of America cuts more than 20 investment banking positions in Hong Kong and… Read More>>
URA to Suffer $192M Loss on Sale of Kowloon Project and More Asia Real Estate Headlines
Hong Kong’s Urban Renewal Authority leads today’s headline roundup as the government agency takes a $192 million hit on its sale of a project in Kowloon’s Kai Tak area last week. Also in the news, China’s new home prices fall… Read More>>
India’s Mindspace REIT Buys Out Chennai Tech Park and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, India-listed Mindspace REIT acquires the remaining fraction it didn’t already own of a Chennai IT park, and Abu Dhabi sovereign fund Mubadala opens a Beijing office. Also making the list, a hotel trust… Read More>>
ADIC Backs Elanor Buyout of Challenger Real Estate in Australia
Elanor Investors Group has received a commitment from the Abu Dhabi Investment Council (ADIC) supporting its acquisition of a real estate business managing A$3.4 billion ($2.3 billion) in assets.
As part of a deal announced two months ago for Sydney-based… Read More>>
Mubadala Hooks Up With Manulife, Proprium on $600M Japan Multi-Family JV
Abu Dhabi’s Mubadala Investment Company has jumped into Japan’s red-hot multi-family sector, teaming with Canadian giant Manulife and US private equity shop Proprium Capital Partners on a joint venture to assemble a portfolio worth up to JPY 80 billion ($600… Read More>>
Mubadala to Acquire 70% Stake in Fortress Investment Group From SoftBank
Abu Dhabi’s Mubadala Investment Company is teaming with executives of Fortress Investment Group in a takeover of the US fund manager, having agreed to acquire the 90.01 percent stake in Fortress currently held by Japanese venture investor SoftBank.
“Fortress is… Read More>>
Princeton Digital Raises $505M in Mubadala-Led Equity Round for Asia Data Centre Platform
Asian hyperscale specialist Princeton Digital Group has landed $505 million in fresh cash to expand its regional data centre platform, with the Warburg Pincus-backed firm announcing today that it has closed on a new financing round led by Abu Dhabi’s… Read More>>