By Nguyen Thi Bich Ngoc
The asset is Gaw Capital’s first office building in Tokyo.
As of March 20, ESR Australia had picked up a 98 per cent stake in Propertylink Securities.
A transaction of that size would rank among the biggest commercial property deals in China by a foreign firm.
Local media reports pegged the deal value at A$96.5 million ($68 million).
The fund will seek to offer structured debt financing to real estate developers in the top eight cities of India.
Keppel is also seeking to expand into different allied sectors such as senior living, education, real estate and renewables.
The bank expects to raise around ₹250-300 crore from the sale of non-core properties.
The REIT will also go out in the market to look at third party properties.
DWPF is undertaking an equity raise of up to A$400 million to fund the acquisition of a further 25 per cent interest in the MLC Centre.
As part of this development, Dusit Thani has ended its 49-year-old Dusit Thani Bangkok on Silom road in January this year.