By Tomas S. Noda III
A Filipino PE firm and top property developers also joined the round.
Centurion Corporation acquires a student hostel near Yale University.
Brookfield started investing in residential projects in India from its new $9 billion global real estate fund last year.
Agung Podomoro is expected to close the sale of its Pullman Hotel asset this month.
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 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 »
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 »
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 »
The deal is a likely first consolidation in Singapore’s $3.5 billion mid-cap industrial trusts sector.
The Ascott has invested S$170.3 million into Funan’s co-living component.