Asia real estate and outbound investment news
GIC, Singapore’s sovereign wealth fund, is acquiring a 43 percent stake in Shinjuku MAYNDS Tower, a 97,978 square metre Grade-A office property in Tokyo for 62.5 billion yen ($558 million), according to a press release from the fund yesterday.
The… Read More>>
Singapore’s top developer continues to ramp up its retail presence in China, with CapitaLand Mall Asia and CapitaLand Retail China Trust (CRCT) partnering to buy a shopping mall in Guangzhou for RMB 3.36 billion ($511 million).
CRCT is taking a 51… Read More>>
Singapore takes centre stage in Asia’s real estate world today as the city state sees a flurry of property activity, including the impending $1.3 buyout of developer United Engineers. Also in the news, Prudential unit PGIM picks up a logistics… Read More>>
This week Asia’s real estate community continues to find itself in need of new namecards across the region’s major cities, with more moves than even Mingtiandi can manage. In Singapore a private equity shop with a new name gives a… Read More>>
PGIM Real Estate this week reported that it has completed the acquisition of the T Tower prime office building in Seoul’s central business district.
The real estate investment business of Prudential Financial investment management unit PGIM first announced in November… Read More>>
It may be a holiday week, but that hasn’t stopped some of Asia’s real estate professionals from starting new positions. Nanjing’s Sanpower added a cross-border investment specialist, while Xinyuan Real Estate brought onboard a new CFO, and DTZ | Cushman… Read More>>
A US real estate investment firm has reached a final close of $645 million on a fund covering Australia, China, Japan, Malaysia, Singapore, Hong Kong and South Korea. Meanwhile in Singapore, a Chinese developer is betting $218 million on a… Read More>>
