Baring PE Asia closes second real estate fund at $1b

By
Posted

The new fund has already made its first investment in Forest Logistics, a logistics operating platform in China for about $300 million.

Xander’s retail arm close to buying Mumbai mall for $325m

By

The proposed 1 million sq ft mall in Mumbai’s Andheri East will be developed by Omkar Realtors and Developers Ltd


India: Lodha Developers may trim IPO size to $600m on weak investor response

By

The promoters were also looking to sell a part of their stake, taking the total IPO size to around Rs5,000 crore.


Malaysia’s $35b pension fund KWAP buys two student housing properties in UK for $51m

By

The acquisition aligns with KWAP’s aspirations to increase its international property exposure, the pension fund said.


ThaiBev tycoon may turn $3.7b realty asset One Bangkok to REIT

By

One Bangkok is a joint venture between Charoen’s TCC Assets (Thailand) Co. Ltd. and the Thai unit of Singapore affiliate Frasers Property Ltd.


CapitaLand divests 70% stake in SG’s Westgate for $291.6m

By

The sale will see CapitaLand get a net gain of about S$99.2 million ($73 million) with the deal based on Westgate’s total market value at S$1.13 billion ($829 million).


Thailand’s SHREIT to invest $177m in two hotels in ASEAN

By

The deals will raise its assets under management to 10 billion baht, making it the country’s largest hotel REIT so far.


Goldman Sachs sells HQ in London to S Korea’s NPS for $1.5b

By

The sharp drop in the pound after the Brexit vote lured foreign investors into the British real-estate market.


CPPIB, Goodman to invest $1.75b more in Chinese logistics venture

By

The additional investment will increase CPPIB and Goodman’s total equity commitment to $5 billion in the joint venture.


Singapore’s GIC buys significant minority stake in Provenance Land

By

GIC has bought over 40% stake in Provenance Land and the size of the transaction is estimated to be around Rs 1,000 crore.