Ka Kay Lum

Correspondent, Malaysia
Email: kakay@dealstreetasia.com

Where are Asian investors making their real estate bets?

Beyond the usual key gateway cities, Asian investors are starting to have an increased appetite for Central and Eastern Europe (CEE).

GreenOak Asia seeks to raise up to $1b for real estate fund

The fund will largely focus on the Japan market, with some allocation to be made to South Korea and Singapore.

Singapore’s MindChamps to buy 8 preschools in Australia for $29m

Singapore Press Holdings-backed MindChamps is said to be expanding its business to Malaysia and China.

Chinese co-working space giant Ucommune raises $29.8m: Report

The new investment is said to help Ucommune better utilise the startup’s resources on its platform.

MY Digest: Sino Hua-An acquires firms; Sime Darby Property CEO steps down

Sino Hua-An is foraying into the food and beverage and tech segments by acquiring two companies for a total of 14 million ringgit ($3.4 million) in cash.

Tencent-backed Qutoutiao to raise up to $45m via public offering

The public offering comes on the heels of its recent $171 million convertible loan from Chinese internet giant Alibaba Group last week.

Malaysia: MyEG Capital invests $1.5m in Chinese edtech startup

Beijing-based Jingle Magic is involved in the development of VR/AR and AI-based educational equipment and software.

ESR Australia to complete Propertylink acquisition by April-end

As of March 20, ESR Australia had picked up a 98 per cent stake in Propertylink Securities.

SG-based venture builder FORUM to launch pre-Series A vehicle this year

FORUM, which has built six companies under its platform so far, claims to be the largest fintech builder in emerging Asia.

Texas ERS increases commitment to Baring PE Asia’s seventh fund

Baring PE Asia’s Fund VII recently hit its first close at $4.5 billion.