Philippines: Net Group leads $2.1m series A round in Flyspaces

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A Filipino PE firm and top property developers also joined the round.

Singapore: Centurion Corp to acquire student hostel asset near Yale for $70m

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Centurion Corporation acquires a student hostel near Yale University.


India: Brookfield to invest $125m in Total Environment’s projects

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Brookfield started investing in residential projects in India from its new $9 billion global real estate fund last year.


Indonesia: Agung Podomoro finalising asset sale to Thai-listed REIT

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Agung Podomoro is expected to close the sale of its Pullman Hotel asset this month.


India: LOGOS, Assetz Property to jointly invest $400m in logistics platform

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LOGOS Group and Assetz Property Group, headquartered in Sydney and Singapore, respectively, have partnered to set up a logistics and warehousing platform that will invest around $400 million of equity capital to build and manage specialised logistics and industrial parks in India. The transaction marks the entry of LOGOS in… Read more »


HNA’s Singapore REIT partner is said to explore reducing ties

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HNA Group Co.’s partner in an overseas property trust is exploring ways to potentially scale back its ties to the embattled Chinese conglomerate, people with knowledge of the matter said. AEP Investment Management Pte is weighing options for reducing HNA Group’s involvement in the planned Singapore initial public offering of HNA Commercial… Read more »


SG Digest: Yanlord’s $1.5b redevelopment deal; Roxy-Pacific buys assets in Japan, NZ

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Yanlord Land Group Ltd has secured the rights to a $1.5-billion prime redevelopment site in China, while Roxy-Pacific Holdings Ltd has made two new property acquisitions in Japan and New Zealand. Yanlord Land gets rights to $1.5b redevelopment site in Shanghai Singapore-listed Yanlord Land Group Ltd has secured the rights to… Read more »


Realty Dealbook: China’s Country Garden, TVH deal; Piramal Realty sells office space

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Chinese township developer Country Garden is close to signing a deal with Chennai-based realty player TVH for a 60-ground (one ground is 2,400sqft) land parcel in Kotturpuram, while Piramal Realty has sold a commercial space, including an entire building in Kurla locality of Mumbai, to Piramal Enterprises for $68 million. Country… Read more »


Singapore: Warburg Pincus-backed ESR in talks to buy Sabana REIT

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The deal is a likely first consolidation in Singapore’s $3.5 billion mid-cap industrial trusts sector.


Singapore: Ascott invests $125.1m in Funan’s co-living component

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The Ascott has invested S$170.3 million into Funan’s co-living component.