Thailand’s Best Group, HK’s Hydoo jointly invest $3b in new landmark

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The JV is developing a Trust City World Exhibition and Trade Centre and a fintech hub project

SG Realty: Nam Cheong office sale; Boustead Projects disposal

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A number of Singapore companies have recently announced to dispose off their real estate assets to use the proceeds for core business. Nam Cheong is planning to sell its office lots at Suntec Tower for S$25 million ($18.7 million) while Boustead Projects is looking to offload a property for S$10.5… Read more »


China’s e-Shang Redwood sells logistics assets to US firm Invesco for $300m

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ESR will retain an equity interest and act as the project and property manager of the assets.


Vietnam’s VinaCapital divests real estate project for $41.2m

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VinaCapital is divesting its stake in Vina Square project to Tri Duc Real Estate Company for $41.2 million.


CapitaLand grows Jakarta footprint with $54.9m realty deal with Qatar fund

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CapitaLand expands Jakarta presence with S$300M aggregate investment.


South Korea’s Mirae to enter India realty biz with $500m investment

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Globally, the Mirae group’s assets under management (AUM) stand at $100.5 billion.


Warburg Pincus to invest $183m in China’s Nova Property investment

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Nova plans to use the funds to buy “aged and distressed properties.”


Singapore: Manulife US REIT acquires New Jersey office property for $332m

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Manulife US REIT is to acquire an office property for $332 million.


Singapore: Fragrance Group expands UK footprint, buys 3 hotel assets for $32m

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Singapore Mainboard-listed property company Fragrance Group has expanded its footprint in the United Kingdom


India: ICICI Prudential AMC plans $400m platform for realty investment

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The proposed platform will invest equity and debt instruments in residential projects.