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>>
KKR, Mubadala Backing New Logos Projects in Sydney and Melbourne
Logos has acquired an industrial site in suburban Sydney and another in Melbourne under the Australian developer’s partnership with private equity major KKR and Abu Dhabi’s Mubadala Investment Company.
The partners will develop the two properties into multi-unit logistics estates… Read More>>
KKR, Abu Dhabi Fund Back A$1B Logos Development Venture in Australia
Logistics specialist Logos is getting some heavyweight backing for a new development venture in Australia, as the firm announced today that it has partnered with KKR and Abu Dhabi’s Mubadala Investment Company to take on a development project in Queensland… Read More>>
Warburg Pincus, Hillhouse Lead $700M Investment in JD Property
China’s second-largest e-commerce player has set up its own property fund management business and now has support from a US private equity giant and a mainland venture fund to grow that asset management venture, according to recent announcements.
JD Property,… Read More>>