Canadians in India lead today’s look at real estate news from around Asia, as CPPIB hunts for more opportunities on the subcontinent. Also in the news, Malaysia’s YTL bets on Kiwi hospitality and Korea’s Mirae aims to collect after winning… Read More>>
Malaysia’s PNB Said to Back $214M Investment in Elanor Healthcare Property Fund
Australia’s Elanor Funds Management has reportedly received help from Malaysian asset manager Permodalan Nasional Berhad to complete the A$289 million ($214 million) recapitalisation of the Elanor Healthcare Real Estate Fund.
The capital injection will provide a full liquidity event for… Read More>>
Ontario Teachers to Double Singapore Staff and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a Canadian pension fund giant eyes a major staffing increase in Singapore, where yet another condo has been relaunched for collective sale, this time at an expansive site in Serangoon Gardens.
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Greenland Halts Spire London Work Over Safety Fears and More Asia Real Estate Headlines
China’s overseas projects are back in the roundup, as state-owned developer Greenland Group is halting work on its Spire London skyscraper while it reviews the design amid an outcry over safety standards. Also in the headlines, the mainland co-working brand… Read More>>
S P Setia’s $794M Buyout of I&P Group to Create Top Malaysian Developer
Property developer S P Setia said in an announcement on the Bursa Malaysia exchange that the company could pay around RM3.5 billion ($794 million) for I&P Group, creating one of the country’s largest real estate firms.
S P Setia –… Read More>>