S.Korean hypermarket chain Homeplus said to mull REIT listing

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The REIT being considered could acquire around 40 Homeplus hypermarkets in South Korea.

China’s HNA Group sells property developer unit in $456m deal

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HNA Investment Group Co Ltd will sell a subsidiary focused on property assets to developer Fusheng Group


Exclusive: Motilal Oswal PE to launch $225m fourth real estate fund this month

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At present, the company is investing the real estate space through its third fund for which it raised over Rs 1,000 crore last year.


LOGOS India close to investing $100m in warehousing firm Casagrand Distripark

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LOGOS Group and Assetz Property Group had partnered to set up a logistics platform that would invest in specialized industrial parks in India.


Allianz RE scouts for logistics deals in China, India and Southeast Asia

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Allianz Real Estate already has exposure to the logistics sector in Australia, China, Japan and Korea. In fact, it has upped its exposure to the e-Shang Redwood (ESR) backed logistics fund in Japan this year.


Philippine proptech unicorn Revolution Precrafted bags Japan deal

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The Japan deal follows a string of international deals worth over $3.5 billion that Revolution Precrafted has sealed so far this year.


India: Embassy-Blackstone  postpones filing for listing  of  REIT till June

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Embassy Office Parks, the first to register a REIT with SEBI last year, has delayed its application for a listing till June, following uncertainty over including a key asset in the trust.


Japan’s Kobe Steel to sell 75% stake in real estate arm for $678m

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The sale is aimed at raising the value of its wholly-owned unit, Shinko Real Estate Co Ltd, and not to raise cash after its widespread data tampering scandal.


Singapore’s GIC sells iconic Phoenix hotel to Blackstone for $403m: Report

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The 740-room Biltmore was bought by GIC through its subsidiary ABR Properties LLC in 2013.


Edelweiss real estate arm to sell office space in Parinee’s south Mumbai project

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The 8 lakh sq. ft. luxury housing project is being converted into a 50-storey office building and renamed as ‘Parinee Eminence’.