Asia real estate and outbound investment news
Warburg Pincus-backed Indonesian shopping mall developer NWP Retail announced on Tuesday that it had appointed former CLSA and Morgan Stanley executive Kevin Kow as its new chief investment officer.
In his new role, Kow, who is said to have been… Read More>>
Warburg Pincus-backed ARA Asset Management announced on Friday that it had acquired a commercial block in the central business district of Brisbane for a reported A$96.5 million ($68.8 million), in the latest in a series of big-ticket investments down under… Read More>>
Warburg Pincus-backed Lemon Tree Hotels has entered into a preliminary agreement to purchase Keys Hotels, a unit of New York’s Berggruen Hotels, according to a stock exchange filing by the New Delhi-based company.
Should the transaction take place, it would… Read More>>
Warburg Pincus-backed Mofang Apartments has closed on a $150 million funding round, led by Canadian fund manager, Caisse de dépôt et placement du Québec (CDPQ), according to an announcement on Monday by the Shanghai-based apartment provider.
Mofang, which manages 70,000… Read More>>
Warburg Pincus-backed Weave Co-living has completed the acquisition of its second property in Hong Kong, with this latest investment coming nine months after the company opened its first location next to Kowloon’s Prince Edward MTR station.
The new property, located… Read More>>
Fund manager Kailong Real Estate Investment has reached a $500 million closing on KaiLong Greater China Real Estate Fund II, its latest US dollar value add fund, according to a senior executive of the Warburg Pincus-backed firm.
The company, which… Read More>>
ARA Asset Management on Thursday announced the sale of six office floors in Suntec City to Alpha Investment Partners, a subsidiary of Keppel Capital, for S$160 million ($117.8 million), in one of Singapore’s most expensive office sales in the past… Read More>>
Indonesian mall developer and operator NWP Retail on Monday announced that it had received $200 million in investment from the Korean Teacher’s Credit Union (KTCU) and a fund managed by CITIC Securities, as well as from its primary backer, Warburg… Read More>>
With much of east and southeast Asia on holiday last week, India moved to centre stage as Warburg Pincus made a bet on a tech startup that could boost the company’s portfolio of logistics assets.
Also on the subcontinent, a… Read More>>
US private equity giant Warburg Pincus is extending its bets on Asia’s rental residential sector by partnering with India’s largest mid-priced hotel chain, Lemon Tree Hotels, in an INR 30 billion ($430 million) joint equity investment to create a new co-living… Read More>>
