India: Kotak, DivyaSree float $400m fund to develop, acquire office assets

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The $400 million India Office Assets Fund I is anchored by a subsidiary of UAE-based sovereign wealth fund Abu Dhabi Investment Authority (ADIA).

CapitaLand REIT said to pursue $1.1b Duo office and retail assets

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The development is owned by M+S Pte, a joint venture between Malaysian sovereign fund Khazanah and Singapore’s Temasek.


With rising vacancy rates, China’s co-work spaces eye services amid funding crunch

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The strategy shift marks a turn of fortunes for the Chinese co-working industry, whose rapid expansion has helped operators such as Ucommune, MyDreamPlus and Kr Space raise hundreds of millions of dollars.


Self-storage provider RedBox acquires three properties in HK

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RedBox completed the property purchases using the $50 million committed by Chinese real estate investment manager InfraRed NF.


Singapore developer Oxley Holdings gets $758m offer for Chevron House

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Oxley bought the 1993-vintage tower Chevron House for $488 million in 2018 from Deka Singapore. 


Singapore: Far East Orchard buys student dorms in UK; OUE acquires stake in Superfood

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In 2015, Far East acquired four student accommodation properties in the UK for about $62 million.


Gaw Capital eyes snapping up malls in China after Hong Kong test run

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Gaw-led groups snapped up properties worth HK$35 billion ($4.5 billion) in Hong Kong in less than two years.


India: HDFC Capital, Tribeca form $72m mid-income housing platform

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The platform plans to build around five projects totalling around 3000 units in Mumbai surburbs, Gurugram and Noida in the next four too five years.


Singapore: SC Capital’s SCORE+ acquires Rivervale Mall for $170m

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SCORE+ has a mandate of investing in core and core-plus direct real estate assets in gateway cities in Asia Pacific, primarily in Japan, Australia, New Zealand, Singapore, Hong Kong, and South Korea.


Australia’s Dexus to buy remaining stake in Sydney skyscraper for $565m

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Dexus and Dexus Wholesale Property Fund will each buy a 25 percent stake in the Sydney skyscraper.