Asia real estate and outbound investment news
US private equity major TPG has offered to acquire Singapore’s Econ Healthcare Asia in a deal valuing the SGX-listed nursing home operator at S$87.8 million ($65.5 million).
Funds managed by Texas-based TPG aim to buy Econ’s 265,910,891 issued shares for… Read More>>
Korean investor Mastern confirms its disposal of an office tower in Seoul’s Gangnam district, with that divestment leading today’s headline roundup. Also in the news, Sweden’s EQT completes its acquisition of listing website PropertyGuru and Brookfield’s India REIT raises $412… Read More>>
Shortly after raising $2.5 billion to invest in Asian real estate, TPG Angelo Gordon is leading the region’s biggest hospitality investment so far this year with the JPY 106 billion ($691 million) purchase of a Tokyo hotel, according to market… Read More>>
US fund manager TPG Angelo Gordon has agreed to acquire an 80 percent stake in a newly launched logistics partnership with Growthpoint Properties Australia, an ASX-listed REIT, for A$181 million ($124.7 million).
The Growthpoint Australia Logistics Partnership’s seed portfolio consists… Read More>>
Sweden’s EQT has agreed to buy PropertyGuru, the online real estate portal backed by fund managers KKR and TPG, in an all-cash deal valuing the Singapore-based platform at $1.1 billion, according to a Friday announcement.
Private equity firm EQT will… Read More>>
Apparently not satisfied buying out Dalian Wanda’s mall management business earlier this year, PAG is back in the news today with a report on talks to buy out the mainland developer’s nearly 500 malls leading today’s headline roundup. KKR and… Read More>>
With shares of Cushman & Wakefield up more than 40 percent in the past 12 months, Texas-based TPG and Hong Kong’s PAG plan to sell their entire shareholding in the global property consultancy, despite the stock remaining 38 percent below… Read More>>
TPG has closed on its eighth Asia-focused private equity fund with $5.3 billion in committed capital, as well as raising $2.5 billion for a pair of Angelo Gordon co-branded real estate vehicles targeting the region.
The campaign for TPG Asia… Read More>>
A top level departure at the biggest name in Aussie finance leads this week’s roundup of personnel moves from around the region, with Korea’s Mastern Investment Management also making a major hire from competitor Mirae. Gaw Capital Partners is on… Read More>>
TPG leads Mingtiandi’s roundup of real estate headlines from around the region today with the fund manager announcing this week that it has raised nearly $400 million for a Japan-focused investment vehicle. Also in the news, SGX-listed Far East Hospitality… Read More>>
