Less than four years after the disposal of its embassy site in Bangkok, the UK Foreign Office continues to pare back its real estate footprint in Asia, announcing Thursday that it had agreed to sell a section of the British… Read More>>
A joint venture between US private equity giant Carlyle Group and a UK unit of Singapore’s ARA Asset Management has acquired 11 UK logistics assets for £102 million ($139.16 million), expanding its European logistics portfolio to ride the e-commerce boom.
Savills Investment Management has secured backing from the family office of John Lim, the co-founder of Singapore-based ARA Asset Management, for a “contrarian” UK retail park fund that aims to raise £360 million ($500 million).
The cornerstone investors of Savills… Read More>>
Singapore’s GIC has acquired a 40 percent stake in a life sciences park near the University of Oxford as part of a newly-announced strategic partnership between the $744 billion sovereign wealth fund and the university’s Magdalen College.
The more than… Read More>>
The Kuok family behind Hong Kong developer Kerry Properties has purchased an office building in the swanky St James’s district of London’s West End for £145.5 million ($198.8 million), becoming the latest members of Asia’s elite to pick up property… Read More>>
With universities in reopening mode as the COVID-19 crisis recedes in Britain, Singapore’s Mapletree Investments has taken the opportunity to acquire four purpose-built student housing assets in England for a total consideration exceeding £165 million ($227 million).
The 917-bed portfolio… Read More>>
After a pair of Singapore office sales, SGX-listed Suntec REIT has agreed to acquire a London office building for £353 million ($489.4 million), according to an announcement to the Singapore stock exchange.
The ARA Asset Management-controlled vehicle is purchasing The… Read More>>
Singapore’s GIC has made its third major real estate investment this month, as the sovereign wealth fund doubles down on a four-year-old bet on student housing in the UK.
Unite Students, Britain’s largest provider of purpose-built student accommodation, said Friday… Read More>>
Hong Kong-based Far East Consortium, a frequent buyer of UK real estate, has turned seller with its latest deal by agreeing to offload a City of London hotel for £115 million ($160.4 million).
FEC expects to record a gain of… Read More>>
Frasers Logistics & Commercial Trust is acquiring its first warehouse property in the UK as part of a S$548.7 million ($412.2 million) purchase of six European assets announced to the Singapore exchange on Monday.
FLCT’s new UK prize is being… Read More>>