Asia real estate and outbound investment news
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>>
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>>
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>>
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>>
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>>
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?
While Vietnam has been gaining popularity as a vacation destination in recent years, the Southeast Asian nation may soon be greeting an influx of hopeful property investors after a Warburg Pincus-backed mall developer celebrated the country’s biggest ever public listing… Read More>>
Vietnamese malls lead today’s news as a Warburg Pincus-backed retail developer plans a $680 million IPO in the land of cyclos and ao dais. Also in the news, an Aussie fund manager plans to push back against warehouse developer e-Shang… Read More>>
Singapore’s CapitaLand has been building apartments in Vietnam for over two decades. Now the biggest developer in southeast Asia is flexing its muscles in the country’s commercial real estate market by closing its first commercial fund targetting the Vietnam market… Read More>>
China’s 2017 credit crunch may already be paying dividends for its real estate heavyweights as distressed asset enthusiast Sun Hongbin of Sunac moves onto the board of a struggling mainland tech giant on the same day that its chairman exits…. Read More>>
