Asia real estate and outbound investment news
Singapore sovereign fund GIC has completed the sale of its 50 percent interest in a Western Australia mall to Hong Kong investor JY Group for A$195 million ($132.8 million).
The half-stake in Westfield Whitford City marks JY’s first joint venture… Read More>>
Asian private equity powerhouse PAG has made its second opportunistic property purchase in Australia within less than two months with the pick-up of Perth mall for a figure said to be around a quarter less than what its owners were… Read More>>
In today’s roundup of regional news headlines, Singaporean giant GIC seeks a buyer for its 50 percent stake in an Australian mall, and signs of weakness in China’s property market continue to mount as developers pull back on land buys…. Read More>>
ARA Asset Management is marketing an office tower in Perth, Australia at an asking price of A$90 million ($65 million) in a bid to exit the nearly filled building as the market begins to rebound following the border reopening, marketing… Read More>>
GIC has signalled its continued interest in Australia with the purchase of a quarter stake in Chevron’s under-construction headquarters building in Perth from asset management firm Brookfield.
The Singaporean sovereign wealth fund agreed to pay A$220 million ($170.3 million) for… Read More>>
Singapore’s sovereign wealth fund GIC is said to have successfully won a tender for a prime office building in Perth, Australia, paying more than A$320 million ($228 million) to the building’s existing joint owners AMP Capital and Primewest, according to… Read More>>
Singapore’s $359 billion sovereign wealth fund GIC is building on a string of residential investments globally by joining with a local partner to acquire a set of gated communities in Western Australia from Blackstone and its Malaysia-based partner Navis Capital… Read More>>
Gaw Capital has agreed to acquire a 20,000 square metre office property in Perth, Australia for conversion into a 500 bed student housing facility, according to an announcement this week by the Hong Kong-based real estate private equity firm.
While… Read More>>
