Asia real estate and outbound investment news
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>>
Some of the world’s biggest real estate investors may be competing for a rare chance for a $1.8 billion stake in one of India biggest property developers, while back in China the government is setting out new rules for foreign… Read More>>
A joint venture real estate project in Manhattan led by China’s Fosun and local builder JD Carlisle has been stopped after unsuccessfully attempting to exploit a zoning loophole. Meanwhile, back on the mainland, both Greenland Group and Greentown Holdings continue… Read More>>
A private equity group led by TPG Capital of the US is moving quickly to create what could be the world’s second-largest property consultancy by swooping in to acquire New York-based Cushman & Wakefield for a reported $2 billion.
According… Read More>>
Real estate service provider DTZ this week confirmed the close of its sale to a private investment consortium composed of TPG Capital (TPG), PAG Asia Capital (PAG) and Ontario Teachers’ Pension Plan (the TPG & PAG Consortium), by Australian engineering… Read More>>
