One of Japan’s biggest banks plans to raise a $675 million fund to invest in domestic real estate, with that report leading today’s headline roundup. Also in the news, institutional investors seek to exit private equity vehicles amid the financial… Read More>>
Chairman’s Advisor Blamed in CDL Succession Feud and More Asia Real Estate Headlines
The CEO of City Developments Ltd hits back at his dad’s allegations of a boardroom coup at the Singaporean giant, with that family feud leading today’s headline roundup. Also making news, Hong Kong’s Sun Hung Kai Properties reports rising earnings… Read More>>
GIC Abandons Seoul Office Sale Amid Korean Crisis and More Asia Real Estate Headlines
Singapore’s GIC drops the sale of its landmark Seoul Financial Center after bids failed to satisfy the sovereign giant, with that story leading today’s headline roundup. Also in the news, SGX-listed Cromwell E-REIT agrees to sell a pair of office… Read More>>
Mapletree REIT Selling Japanese Warehouses for $28M and More Asia Real Estate Headlines
Singapore-listed Mapletree Logistics Trust announces the sale of two Japan warehouses, with those divestments leading today’s headline roundup. Also making the list, property giant CapitaLand denies reports of a planned Shanghai disposal and India’s Welspun eyes an industrial park expansion… Read More>>
OCBC Sues Over Singapore Money-Laundering Losses and More Asia Real Estate Headlines
Singapore’s high-profile money-laundering case leads today’s headline roundup as OCBC seeks to recoup losses from foreign nationals who bought homes in the city-state. Also on the list, Indonesia’s Sinar Mar enlists Korean investors in a Jakarta data centre project and… Read More>>
India’s Welspun Group Reaches $42M First Closing for Warehouse Fund
Welspun One Logistics Parks, a warehouse development platform backed by the Mumbai-based Welspun Group, on Monday announced the first closing of its alternative investment fund after receiving $42 million in commitments from domestic high-net-worth individuals and family offices.
Launched earlier… Read More>>