SET-listed Sino-Thai Engineering to acquire Mo Chit Land for $136m

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STEC also approved the development of a $245-million office project on Mo Chit Land plots in Bangkok.

South Korean institutional investors acquire Dublin property for $164m

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The property is leased by WeWork, the world’s biggest provider of co-working space.


Singapore: CapitaLand unit Ascott adds 14 new global properties

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Three of the 14 new assets are co-living facilities under Ascott’s brand “lyf”, located in Fukuoka in Japan, Kuala Lumpur in Malaysia and Shanghai in China.


Singapore’s GIC offloads shares worth $186m in Indian realty major DLF

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French investment fund Societe Generale picked up 2.08 crore shares of DLF at Rs 191 per share.


India: Kotak Mahindra Bank extends $72m debt to realty developer Gaurs

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The investment would be used by Gaurs Group to pace up the construction work at two of its projects in Greater Noida West.


SGX-listed OUE Group’s REITs merge to create $5b entity

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OUE Commercial REIT and OUE Hospitality Trust announced the proposed merger by way of a trust scheme.


Where are Asian investors making their real estate bets?

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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

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


Singapore’s Frasers in talks to sell premium office property

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Located on Cecil Street in the CBD, Frasers Tower is a 38-storey premium grade-A office tower.


Macquarie acquires Auckland car park concession for $149m

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The purchase was made through Macquarie Principal Finance, the principal investment arm that Macquarie established in 2009.