With more than $1b at stake, Unitech plans to sell 6 land parcels to tide over crisis

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At stake is Rs7,800 crore that Unitech owes to 16,300 home buyers across 61 projects.

CapitaLand’s hotel unit Ascott buys first Silicon Valley property for $59.9m

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This will be Ascott’s second Citadines-branded property in the US.


Two investors join revolt against Singapore developer’s $2.4b M&C hotels takeover

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Singapore’ CDL already owns 65.2 percent of the hotelier.


SBS Philippines’ unit acquires stake in HK-based Joune Holding

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SBS said the latest investment is part of its bid to diversify into the property business.


Wanda partner exits $1.2b Beverly Hills condo project

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Neither Wanda nor its development partner Athens would comment on the reasons for the separation.


Li Ka-Shing’s Hong Kong tower sells for record $5.15b – report

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The deal is the latest to signal Hong Kong’s red-hot property market shows no signs of slowing down.


Singapore’s GIC backs Irish developer Glenveagh Properties

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GIC has emerged as a major shareholder in listed Irish residential developer Glenveagh Properties.


Allianz partners Shapoorji Pallonji to launch $500m real estate fund for India

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The two partners will establish a Singapore-domiciled, rupee-denominated fund named – SPREF II.


Wheelock sells HK building to China’s LVGEM for record $1.2b

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It is the second-most expensive real estate deal in Asia this year, after CapitaLand’s Blackrock asset purchase.


Blackstone, Brookfield Asset Management eye assets of India’s Kotak Realty

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Canada’s CPPIB is also learnt to be interested in the assets.