Malaysia: Sunway acquiring Austral Meridian Property, to get Jalan Peel land

By
Posted

Sunway Bhd is acquiring Austral Meridian in a JV deal that will see it gain 3.41ha of leasehold land.

View of Kuala Lumpur, Malaysia at night

SG Realty: Oxley to grant IHC S$50m convertible loan; GIC-Unite Students acquisition; DBS sells PwC building

By

Oxley Holdings is granting IHC a convertible note, GIC and Unite Students have acquired the Aston Student Village and DBS Bank has sold the PwC Building.


Deutsche AM acquires two logistics facilities in Australia from Propertylink for $56m

By

Deutsche Asset Management (Deutsche AM) on Monday announced the acquisition of two logistics facilities from Propertylink, a listed Australian real estate investment trust, in an off market transaction on behalf of a German institutional client for $56.07 million (AUD 73.1 million). The acquisitions follow the recent purchase of GLP Narita,… Read more »


Thai property developer Sansiri, SCB jointly launch Siri Venture

By

Siri Venture plans to invest around 100 million baht to 500 million baht in property-related innovation and startups in Thailand and Singapore.


SG Realty: Ho Bee sells London property; Yanlord acquires additional stake in Shenzhen Long Wei Xin

By

Ho Bee Land Limited sells its London office property for £94.5 million on a willing seller willing buyer basis and Yanlord Land Group Limited acquires an additional 19.9 per cent stake in Shenzhen Long Wei Xin Investment for RMB1.665 billion.


Singapore: GSH to divest Plaza Ventures to HK-listed Fullshare for S$725.2m

By

SGX-listed GSH Corporation Limited said its wholly-owned subsidiary, GSH Properties Pte Ltd, has entered into a binding sheet with Hong Kong-listed Fullshare Holdings Limited for the divestment of Plaza Ventures Pte Ltd for S$725.2 million.


SG: GLP acquires facilities in Chicago for $33m; Fragrance Group sets up subsidiary for Liverpool acquisition

By

GLP acquires 448,000 square feet of distribution facilities in Chicago for $33 million while Fragrance Group Limited incorporates a subsidiary in the United Kingdom for the acquisition of a Liverpool property.


Singapore: City Developments buying prime London property in $72m deal

By

The new site will be used for developing luxury homes.


India: Reliance AIF to raise $147m office fund

By

Reliance AIF Asset Management Co. Ltd is raising a Rs1,000 crore rental yield fund, its first initiative to buy and own office projects. Besides Reliance AIF’s fund, two more such office investment funds are expected to launched this year. Reliance AIF, a unit of Reliance Nippon Life Asset Management Ltd,… Read more »


Mainland Chinese firms expand property footprint in HK, set to fuel price rises

By

Mainland Chinese companies have piled into Hong Kong property in 2015-2016, outbidding some of the territory’s most powerful developers to gobble up 29 percent of land sold for development in one of the world’s most expensive real estate markets, according to new industry figures. That is almost a six-fold increase from… Read more »