By Shiwen Yap
Perennial is leading a consortium to divest their stake in TripleOne Somerset and sell it to Hong Kong’s Shun Tak Group.
HNA Group Co Ltd, owner of Hainan Airlines Co Ltd, will pay HK$5.53 billion ($713 million) for residential land in Hong Kong, the Chinese conglomerate’s second major purchase in the city in the last three months. In November, a subsidiary of HNA Group agreed to pay HK$8.8 billion for 11,300… Read more »
Frasers Hospitality has launched a new serviced residence in Kuningan, expanding its footprint in Jakarta.
The building serves as the US headquarters of Deutsche Bank
The move paves way for a backdoor listing of those assets in Shenzhen.
Blackstone is looks to buy space in Mumbai office building for $125 million, while Shapoorji Pallonji Group will buy 51% stake in Gopalpur port. Blackstone looks to buy space in Mumbai office building for $125m Global private equity major Blackstone Group is in discussions to acquire six floors in First International Financial Centre (FIFC) Tower in Mumbai for over… Read more »
PNB Housing has agreed to invest $44m in Parinee Group project, while Marvel Realtors has raised $22m from Piramal Fund Management. Also, Tata Realty and Infrastructure Ltd has acquired the Chattisgarh-based Durg Bypass road project. PNB Housing to invest $44m in Parinee Group project Carlyle Group-backed PNB Housing Finance has agreed to invest over Rs 300 crore ($44… Read more »
Ciputra Group has completed the highly-anticipated merger between its three publicly-listed companies.
Advanced Holdings id discussing the acquisition of Agricore Global in an RTO deal and CIT is divesting an Ubi property.
The fund aims to raise $5b, betting on strong returns from property investments in the region