By Chalida Ekvitthayavechnukul
STEC also approved the development of a $245-million office project on Mo Chit Land plots in Bangkok.
The property is leased by WeWork, the world’s biggest provider of co-working space.
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.
French investment fund Societe Generale picked up 2.08 crore shares of DLF at Rs 191 per share.
The investment would be used by Gaurs Group to pace up the construction work at two of its projects in Greater Noida West.
OUE Commercial REIT and OUE Hospitality Trust announced the proposed merger by way of a trust scheme.
Beyond the usual key gateway cities, Asian investors are starting to have an increased appetite for Central and Eastern Europe (CEE).
The fund will largely focus on the Japan market, with some allocation to be made to South Korea and Singapore.
Located on Cecil Street in the CBD, Frasers Tower is a 38-storey premium grade-A office tower.
The purchase was made through Macquarie Principal Finance, the principal investment arm that Macquarie established in 2009.