Asia real estate and outbound investment news
In today’s roundup of regional news headlines, Bloomberg reports that Chinese private equity firm Hillhouse Capital is consolidating its Singapore offices into a single Marina Bay location, and buyout giant TPG prepares to acquire an Indian mortgage lender.
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In today’s roundup of regional news headlines, Blackstone’s CEO offers an explanation for surging redemptions in the firm’s non-listed REIT, and developer China Aoyuan reveals plans to sell a stake in its property services unit.
Blackstone Boss… Read More>>
Singapore-based PropertyGuru is set to complete its listing on the New York Stock Exchange next month despite widening net losses, with the online marketplace operator planning to use the proceeds of the share sale to expand its fintech business and… Read More>>
Singapore was celebrating Children’s Day on Friday but the country’s sovereign wealth fund was still hard at work making a $752 million India retail investment before the weekend, with US private equity firm TPG also putting some cash into the… Read More>>
PropertyGuru has pulled its proposed initial public offering, just two weeks after filing its IPO prospectus with the Australian Securities and Investment Commission.
The Southeast Asia property listings platform, which was seeking to raise up to A$380 million ($260 million)… Read More>>
The mainland real estate market is showing signs of a slowdown but that hasn’t kept Singapore’s Perennial Real Estate from making headlines this week with plans for a RMB 2.7 billion project next to a Tianjin high-speed rail station. More… Read More>>
US private equity firm TPG has formed a joint venture with China Lodging Group, a NASDAQ-listed Chinese hotel group also known as Huazhu Hotels, to purchase a pair of hotels in Beijing for a total of RMB 1.18 billion ($186… Read More>>
China Investment Corporation (CIC), the world’s third-largest sovereign wealth fund, is boosting its exposure to US commercial property by backing a listed real estate lender created by private equity behemoth TPG.
The Beijing-based fund has revealed that it holds a… Read More>>
GIC is known for its warehouse fixation, and the $100 billion Singaporean sovereign wealth fund has jumped back into logistics once again, acquiring P3 Logistic Parks for €2.4 billion ($2.6 billion) from TPG Real Estate and Ivanhoé Cambridge. The deal… Read More>>
China may be celebrating the moon festival, but the real estate market refuses to take a break over this lunar holiday. A new study finds Hong Kong office space is still the most expensive in the world, and IKEA reveals… Read More>>
