Sunac China to acquire 6.25% of realty service provider Homelink for $375.4m

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Upon closing the transaction, Homelink will become an associated company of Sunac China, which will be entitled to appoint one director for the invested firm.

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China: Guochuang Hi-Tech buying online realtor QFang for $54m

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To pay for the deal, Guochuang Hi-Tech is raising up to $290 million from eight investors. It plans to further develop Qfang’s business.


GLP invests $1.1b to build Japan’s biggest logistics park

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Global Logistic Properties (GLP) has invested $1.1 billion in a 655,000 square meters land parcel in Sagamihara, Greater Tokyo, which will be developed into Japan’s largest logistics park.


India: Lodha Group floats maiden investment fund for realty start-ups

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Property developer Lodha Group on Wednesday announced the launch of its maiden investment fund of $7.4 million (Rs 50 crores) for start-ups focused on smart city solutions and overall real estate sector. The startup investment fund will invest in start-ups at all stages of the development cycle, including early stage… Read more »


SG: Imperium Crown to divest Japanese properties; GIC to buy 50 % in UK mall; Memtech to sell land parcels

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Imperium Crown seeks shareholders’ approval to divest all its Japanese properties, GIC plans to buy a 50 per cent stake in British mall and Memtech International enters into a sale and purchase agreement for the sale of two of its land parcels.


Hong Kong’s PAG Real Estate closes sixth oppo fund at $1.2b

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Hong Kong-based alternative investments firm PAG’s real estate arm PAG Real Estate had raised $1.2 billion in equity from institutional investors for its sixth (Fund VI) real estate opportunity fund.


Vietnam 2016: Real estate sees spate of M&As, investment platforms

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Towards the last couple of months of the year, a spate of investment consortia were formed, namely the joint ventures between Warburg Pincus and VinaCapital, Kajima and Indochina Capital, and Sunwah and Saigon Asset Management, and the $500 million fund by CapitaLand.


India 2017: For infrastructure, it’s a make or break year

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This year is likely to be critical for infrastructure development as the government looks to push road, airport and railway projects, and a recently cleared bill seeks to empower major ports to speed up expansion plans. In addition, real estate will face severe headwinds although commercial office space is expected… Read more »


Hong Kong car park may fetch $2.2b in commercial sale

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Hong Kong’s government has announced the first sale of commercial land in the city’s central business district in more than 20 years. The site, currently used as a multi-story car park in Murray Road, Central, is about 31,000 square feet, according to a government statement released late yesterday. The plot is… Read more »


India: Altico Capital invests $59m in two real estate projects

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Altico has been actively investing in Delhi and the adjoining regions. It has deployed over a Rs 1000 crore ($147 million) in the NCR market having closed transactions with Vatika, SARE Homes and now Panchsheel.