GIC JV acquires NZ office property in $42.7m deal

By
Posted

Goodman Property Trust, a New Zealand JV of Singapore’s SWF GIC has acquired an office property in New Zealand called Bayley’s House for $42.7 million.

State-owned Japan Post to buy Nomura Real Estate

By

Japan Post last month announced a $3.6-b writedown on Australia’s Toll Holdings deal.


India: Piramal looking to expand in real estate financing

By

It also expects to have a licence to start providing home mortgages by July.


Supalai considers bid for Australian embassy site in Bangkok

By

It will seek board approval to pursue opportunity next month.


Malaysia’s EPF sells London office property to Chinese Estates for $226m

By

The asset sale is said to be at a net initial yield of 4.45 per cent


Singapore: Lum Chang, CDL REIT in asset purchases; Oxley notes issue

By

Lum Chang has purchased residential units at One Tree Hill, CDL Hospitlaity REIT has acquired a Manchester hotel and Oxley Holdings has issued notes priced at US$100 million.


Ohio pension fund commits up to $50m in Heitman’s debut Apac property fund

By

Heitman targeted to raise $500 million for its first Asia-Pacific real estate fund.


Singapore: The Ascott acquires New York property, plans to invest $50m

By

10 properties with 1,900 units have been added this year


Asia, Middle-East state funds pip peers to emerge as most active realty investors

By

They hold over half the total investment made by sovereign funds globally