Thai-listed Charn Issara sets aside $85.7m for hotel acquisitions in UK

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The firm is targeting properties with the size of 40 rooms each in the outskirts of London.

Baba Beach Club Phuket

Singapore: SGX-listed New Silkroutes forays into real estate, launches JV

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Partners with former GIC executive Steven Loh to head the JV


Lenovo sells property venture to China’s Sunac for $236m

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The capital raising will fund operations and investments.


Singapore: GIC to invest up to $800m in Perth & Brisbane office markets

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Singapore’s GIC is investing via mandates to Charter Hall and Primewest.


Thailand: U City acquires Vienna House for $350m; PACE closes $240m funding

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Thai property developer U City agreed to acquire Vienna House. Pace Development announced the completion of a $240-million fundraising for Thailand’s tallest skyscraper.


Chinese property tycoon to snap up London Cheesegrater tower for $1.27b

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The firm beat bidders, Korea Investment Corp. and Temasek Holdings.


Philippines: Alco inks EPC deal with Dongfang Group, Knusford for Cebu Exchange

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The collaboration among the three groups is expected to bring together strengths in design, building construction, project management and expertise in the Philippine property sector.


Sofitel Legend Metropole Hanoi acquired by Warburg Pincus-VinaCapital platform: Savills

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VinaCapital also had a very active investment quarter.


SG Realty:Global Premium Hotels to go private; Cache Logistics to buy Melbourne asset

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Chairman of Global Premium Hotels plans to take the company private while Cache Logistics Trust expands into Australia with the proposed acquisition of a Melbourne warehouse for A$22.25 million. Global Premium Hotels to go private Global Premium Hotels announced on Friday that JK Global Capital intends to make a voluntary… Read more »


India: CDPQ arm Ivanhoé Cambridge partners Piramal, commits $250m

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Both will provide long-term equity capital to top residential developers.