Singaporean giant GIC acquires a stake in Australia’s third-busiest airport, with that investment leading today’s headline roundup. Also making the list, Hong Kong developer Chinachem wins a New Territories commercial site and mainland builder Sunac sells its stake in a… Read More>>
SC Capital’s Japan Hotel REIT Seals $350M in Buys and More Asia Real Estate Headlines
SC Capital-sponsored Japan Hotel REIT closes on the acquisition of four properties, with that story leading Mingtiandi’s headline roundup today. Also making the list, Equinix explores the sale of stakes in Hong Kong data centres and China’s CITIC Trust sues… Read More>>
Thailand’s Central Eyes Stake in Vietnam Retail Group and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Thai retail giant Central is reportedly in talks to acquire a stake in Vietnam mall operator Vingroup, and China Vanke posts a rare profit in the mainland developer world.
Vietnam’s… Read More>>
CapitaLand Said Investing $1.5B to Acquire Projects From Vietnam’s VinGroup
Singaporean heavyweight CapitaLand Group is in talks to purchase Vietnamese real estate projects worth $1.5 billion from the country’s largest listed developer, Vinhomes JSC, according to an account by Reuters on Monday.
CapitaLand is in talks with the Hanoi-based firm… Read More>>
Lodha’s $341M Macrotech India IPO Set to Open Wednesday and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, Indian developer Macrotech offers details of this week’s IPO, Chinese real estate group Gemdale acquires an office campus in California, and Japanese mall chain Lalaport gets ready to open its first… Read More>>
KKR, Temasek Invest $650M for Stake in Vietnamese Developer
Just 25 months after raising $1.35 billion in what then ranked as Vietnam’s largest IPO ever, Hanoi-based residential developer Vinhomes is selling a minority stake in the company to a KKR-led consortium for VND 15.1 trillion (US$650 million), according to… Read More>>
GIC Leads $500M Vietnam Retail Investment and More Asia Real Estate Headlines
An investment Vietnam’s jump from wet markets to superstores leads today’s set of real estate headlines from around Asia as Singapore’s sovereign wealth fund leads a $500 million deal bet on a retail platform set up by Vingroup. South Korea’s… 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>>
GIC Enters $300M Mexico Multi-Family JV and More Asia Real Estate Headlines
Cross-border deals dominate the news today, with Singapore’s sovereign wealth fund GIC entering into a $300 million venture to build rental residences in Mexico. Also in the headlines, a US pension fund has committed $50 million to Chinese car… Read More>>
Warburg Pincus-Backed VN Mall Developer Raises $740M on HCMC Exchange
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>>