A mysterious suitor, or group of suitors leads Asia’s real estate headlines today as they kick the tires on Frasers Tower in Singapore’s Tanjong Pagar area. The Lion City also figures into the sale of a 3.8 percent stake in… Read More>>
Private Island Site in Danang Ready for Development of 32 Luxury Villas Sponsored Feature
A 3000 metre waterfront development site in Danang, Vietnam, with approved plans in place for 32 super-luxury villas, is now available for sale, according to the project’s developers.
Located on a private island in the resort hub, Star Island Danang occupies… Read More>>
Keppel JV Embarks on $143M Bangalore Project for First Commercial Development in India
Singaporean developer Keppel Land announced on Monday that its India joint venture has agreed to acquire a 3.09 hectare (7.635 acre) site in Bangalore for development of an INR 10.4 billion ($143.3 million) mixed-use development.
The 1.18 million square foot… Read More>>
CapitaLand Buys Suburban HCMC Residential Site for $59M
It’s been a busy week for Southeast Asia’s biggest real estate developer, as CapitaLand today announced its VND 1.38 billion ($58.98 million) acquisition of a site in the eastern suburbs of Vietnam’s Ho Chi Minh City.
The acquisition of the… Read More>>
Warburg-Backed Hospitality Investor Buys Pair of Historic Cambodian Hotels
Lodgis Hospitality Holdings, a Singapore-based hotel investor and developer backed by Warburg Pincus and VinaCapital has completed the acquisition of a pair of heritage hotels in Cambodia, according to an announcement by the two-year-old firm.
The Indochina-focused hotel firm purchased… Read More>>
Carlyle Adds New Leaders for Vietnam, Indonesia to SE Asia Team
The Carlyle Group, the world’s top private equity firm in terms of fundraising, is boosting its Southeast Asia team with two senior hires in Jakarta and Singapore.
Carlyle has hired Robby Winarta as Managing Director and Long Hoang as Director… Read More>>
GIC Invests $1.3B in Vingroup as VN Developer Readies for $2B Listing
Vietnam’s Vingroup has raised $1.3 billion from Singaporean sovereign wealth fund GIC as the country’s largest real estate developer prepares to list its luxury residential arm, Vinhomes JSC on the Ho Chi Minh City Stock Exchange.
Vingroup, which last year listed… Read More>>
Blackstone Bids on $1B Seoul Office Asset and More Asia Real Estate Headlines
At the top of today’s news, US alternative investment giant Blackstone is battling an array of local and international bidders to get its hands on a landmark twin tower office complex in downtown Seoul. Futher south, Singapore’s CapitaLand is boostings… Read More>>
Warburg Pincus Teams with VN Developer for $200M Industrial JV
Global private equity firm Warburg Pincus is teaming up with Vietnamese state-owned builder Becamex IDC Corp to create the largest logistics and industrial real estate developer in the country, with an investment of over $200 million.
The new venture, BW… Read More>>
Can SE Asia’s Largest Mixed-Use Project Revitalise Vietnam? Sponsored Feature
It’s widely thought that Ho Chi Minh’s new financial district and mixed-use urban development, Thu Thiem, will do for the city what China’s Lujiazui Financial and Trade Zone area did for Shanghai. But, how much is wishful thinking versus reality?
