Xander signs $350m Hyderabad office project deal

By
Posted

Xander will finance the development of the Hyderabad office project over the next few years and, once it is completed, will acquire the asset. It is a “develop-to-core” strategy, where the investor funds a development project and stays on until it becomes a rent-yielding, stabilized asset.

China: Cash-strapped HNA puts property assets worth $11b for sale

By

Since January, HNA has sold or agreed to sell over $20 billion worth of assets, including real estate in Sydney, New York and Hong Kong.


India: Shapoorji plans to raise $271m from land assets, $200m more from SCPE, Actis, others

By

Shapoorji plans to monetize about 100 acres of land over the next two years to raise about Rs 2,000 crore, bulk of which will be used to repay debt.


Tata’s retail arm Trent to acquire Lodha office space in Mumbai for $27m

By

Trent Ltd is close to buying around 120,000 sq. ft of space at a Lodha group property coming up at Wadala in central Mumbai .


Fosun, Gaw Capital acquire prime real estate assets in London

By

Fosun has acquired the Royal Exchange in the City of London while Gaw Capital will be buying a portion of the Harbour Exchange.


Singapore: CapitaLand’s newly formed JV acquires Collective Works

By

Founded in 2012, co-work space operator Collective Works currently has two locations in Singapore.


India: Jerry Rao-backed VBHC plans to raise $41m to tap mid-income housing

By

With low-cost homes not fetching enough margins and luxury homes not finding buyers, builders have found a sweet spot in mid-income housing.


Singapore’s Mapletree acquires $1.1b logistics portfolio in US, Europe from Prologis

By

The acquisition adds to Mapletree’s current Europe and US investments in student accommodation, serviced apartments, commercial properties and data centres.


IGIS Asset Management closes $350m real estate fund for South Korea

By

The fund, which has received capital commitments from the NPS and Korea Post, will invest in office, retail, mixed-use and logistics real estate.

IGIS Strategic Fund I, which closed approximately 12 months after marketing,


Singapore-listed Thakral Corp acquires 3 properties in Japan

By

The acquisitions are part of a strategy to broaden asset and earnings base in Japan.