Asia real estate and outbound investment news
Singapore’s Mapletree Industrial Trust is set to add to its collection of US data centres after entering an agreement to acquire 29 facilities across 18 states for $1.3 billion.
The assets represent the entirety of the data centre portfolio of… Read More>>
Singapore sovereign wealth fund GIC has made a further bet on middlebrow American retail by investing in a joint venture with New York-listed RPT Realty and two other US-based partners, targeting the acquisition of over $1.2 billion in strategic assets.
Singapore’s Mapletree Investments is making another bet on the future of the US tech economy as the Temasek Holdings-controlled real estate firm is linked to the pending sale of an office building in the San Francisco Bay Area.
The Uptown… Read More>>
The Korean appetite for outbound investment remains healthy, with Hana Alternative Asset Management having closed out 2020 with one of the year’s largest acquisitions of a single US property asset.
The fund management division of Seoul-based Hana Financial Group in… Read More>>
Singapore’s CapitaLand is taking its commitment to the tech economy overseas as Southeast Asia’s largest developer today announced a joint venture to develop apartments in Austin, Texas.
The Temasek Holdings-backed builder says that it has formed a JV with a… Read More>>
The Trump administration’s failure to contain the coronavirus has claimed another victim this week, and this one is located in one of America’s most esteemed medical institutions.
The Mayo Clinic announced today that its joint venture with Singapore’s Pontiac Land… Read More>>
A fund managed by Seoul-based KB Asset Management has purchased a landmark development in Dallas, Texas, reportedly teaming up with its compatriots at NH Investment & Securities to lasso the commercial complex for $370 million.
The asset management arm of… Read More>>
Singapore’s sovereign wealth fund, GIC, has established a $412.4 million shopping centre joint venture with New York Stock Exchange-listed RPT Realty, according an announcement by the US real estate investment trust this week.
The $100 billion government investment vehicle is… Read More>>
HNA Group is transferring ownership of its interest in a $3.6 billion New York trophy project as liquidity problems continue to challenge one of China’s most debt-laden conglomerates.
Under the terms of the deal set out in a filing to… Read More>>
Singapore’s sovereign wealth fund GIC has agreed to acquire four hotels along the west coast of the US for $249 million through a recently formed joint venture with Summit Hotel Properties, according to an announcement by the New York Stock… Read More>>
