By Swaraj Singh Dhanjal
The company has appointed Avendus Capital to lead the process. They company is in talks with various private equity and infrastructure funds.
Junson Capital, which manages the wealth of the Longfor Properties Co. co-founder, plans to buy seven to eight hotels from MassMutual.
The deal is Thailand’s biggest ever land deal.
The investment in Australia is part of Manulife Real Estate’s pan-Asian core real estate investment strategy.
The 2017 budget had proposed to assign infrastructure status to affordable housing projects and facilitate higher investments.
Frasers Property Ltd. in December paid S$955.4 million ($727 million) for a residential site near the Singapore River, a record on a per-square foot basis at a government sale.
It will develop three new projects, two in Bengaluru and one in Noida, including its first plotted land development.
SGX Mainboard-listed Thakral Corporation has boosted its portfolio of properties in Japan’s real estate market following its investment in another office building in Osaka, the company said in a statement. The nine-storey Legal Itachibori Building, located in Japan’s second largest city and the country’s new hotspot for Asian tourists, raises… Read more »
Frasers Commercial Trust (FCOT) has priced an upsized S$100 million placement of units at S$1.48 apiece, which is the top end of its indicated price range.
The acquisition is TPG’s first foray into China’s commercial property investment market.