By Mars Woo
The funds attracted new investors including Korea Fire Officials Credit Union, the savings fund of Korea’s fire service, Oxford Properties, QuadReal Property Group, and Tesco Pension Investment.
Co-work space players Awfis, The Hive and SmartWorks are eyeing shopping complexes to open shared offices.
This portal had first reported the sale talks between StanChart and Actis in Nov 2017.
HDFC, which will be a sponsor to the fund, is in talks with investors to raise capital through the alternative investment fund (AIF) route.
PHI Group has entered into an agreement with Hanoi MHD Invest Joint Stock Company to set up the fund in Vietnam
The transaction with B&L Management Co. values the 21-story building at $452 million and would cause HNA to realize a loss
ADIA acquired State Tower Namsan in 2015 for about $485.7 million from Shinhan BNP Paribas, outbidding IGIS Asset Management and RREEF.
The joint venture will transform the 3.7-hectare site into an integrated community hub with 700 residential apartments.
The acquisition comes less than three months after CapitaLand announced its purchase of a 32-hectare prime mixed-used site in Chongqing for Rmb5.7 billion ($867 million).
The properties to be sold include seven GLP wholly-owned properties and one owned by GLP Japan Development Venture II.