By Shiwen Yap
Sunway Bhd is acquiring Austral Meridian in a JV deal that will see it gain 3.41ha of leasehold land.
SG Realty: Oxley to grant IHC S$50m convertible loan; GIC-Unite Students acquisition; DBS sells PwC buildingBy Shiwen Yap
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 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 »
Siri Venture plans to invest around 100 million baht to 500 million baht in property-related innovation and startups in Thailand and Singapore.
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.
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 acquisitionBy Manesha Pereira
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.
The new site will be used for developing luxury homes.
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 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 »