Philippines: SM Investments picks 62.21% in MyTown dormitory brand owner PULS

By
Posted

The acquisitions allows SMIC to capture growth opportunities in the dormitel segment.

Saratoga-backed MGM Bosco aims to grow three fold in next two years, plans 2020 listing

By

Saratoga-backed MGM Bosco plans to invest over $35m in Indonesia for expansion.


Thailand: TCC Group makes tender offer to fully buy three property funds

By

The company offers to pay 29 billion baht for the remaining fund units in TCIF, 30 billion baht for THIF and 21 billion baht for TRIF.


India: Supreme Court gives NDMC nod to e-auction Taj Mansingh Hotel

By

The New Delhi Municipal Council (NDMC) had sought the court’s nod to auction the hotel.


China’s LeEco plans to put $420m Beijing property on block

By

Leeco plans to sell either all or a majority of its Shimao Gongsan retail property.


Vanke to invest $440m in Chinese online real estate agency Lianjia

By

Recently Sunac China invested $375m in Lianjia for a 6.25% stake


Singapore: Frasers Property Australia sells Sydney hotel for nearly $136m

By

Frasers Property Australia and Sekisui House Australia are selling a Sydney hotel to Australia’s Impact Investment Group in a $135.8 million deal.


Singapore’s GIC, Mapletree fuel student housing spree in bid to spur returns

By

GIC & Mappletree helped fuel a record $16.2b of student-housing acquisitions in 2016.


India: Godrej Properties to raise  $232m by selling office assets, use it to pare debt

By

Godrej Properties Ltd (GPL) plans to sell some of its office assets to raise around Rs1500 crore, a significant portion of which would be used to pare debt. The Mumbai-based developer has been among the country’s best developers in terms of sales and delivery even during the prolonged slowdown, and… Read more »


Buffett’s Berkshire Hathaway HomeServices, Chinese property website Juwai.com team up

By

The Chinese surpassed Canadians as the largest foreign purchasers of U.S. residential property in 2013.