HK-China consortium buys New Territories plot for $1.07b

By
Posted

China Overseas Land & Investment group won the bid.

Singapore: Ocean Sky unit picks land for $3m; Goh & Goh sold to BBR arm

By

Ocean Sky International’s unit is acquiring a leasehold property for $3 million. Goh & Goh Building is sold to Alika Properties for $141 million.


India: Real estate funds find flavour with investors in a slow realty market

By

To take advantage of high inventory levels and developers grappling with slow sales.


Vietnam: VinaCapital exits Times Square, LienVietPostBank acquires Sacomreal

By

New market developments in the Vietnam real estate industry have seen VinaCapital exit the Hanoi-based mixed-use project, called Times Square, selling to Elite Capital Resources Limited. Meanwhile, banking institution LienVietPostBank has decided to purchase bonds of Sacomreal for VND500 billion. VinaLand exits abandoned project Times Square for $41m VinaLand Limited, the… Read more »


Lodha Group raises $375m from Cain Hoy for London residential project

By

The funding is one of largest ever loans from a single provider for a UK residential project.


Australia: QIC to acquire seven of Forest City’s malls for $4b

By

QIC plans to buy out Forest City’s interest in seven of the 11 regional malls included in their joint venture.


China Life inks $950m recapitalization deal with US-based PE ElmTree Funds

By

JV’s portfolio will initially comprise 48 single-tenant properties which is over 5.5 mn sqft across 20 states


India: ASK Group to invest $31m in ATS Infra’s realty project

By

The investment marks ASK’s entry into the commercial real estate segment


Australia: Charter Hall buys Parramatta tower from Dexus for $229m

By

Australian property group Charter Hall Group has closed a deal with real estate company Dexus Property Group to acquire a Grade A office tower at Parramatta in Sydney for $229 million. Dexus informed the Australian bourse that it exchanged contracts to sell the property to a joint venture of Charter… Read more »