WeWork experiences pushback from landlords, real estate rivals

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Big real estate names like Blackstone Group LP and Tishman Speyer are venturing into flexible-space offerings of their own. Brokers, meantime, are growing wary that WeWork is cutting them out of deals.

WeWork

Singapore’s GIC to acquire two blocks in S Korean logistics complex for $570m

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The two blocks are owned by K-Eco Logis Co., Ltd, a subsidiary of Halla Corp and the developer of the assets.


Realty investor ACRE, NOON Capital to co-invest $150m in Thai realty projects

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The partnership kickstarted with the launch of the first project worth $25 million in Phuket.


Brookfield close to acquiring India’s Leela hotels for $627m

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Leelaventure owns five luxury hotels comprising over 1,400 rooms in New Delhi, Bengaluru, Chennai, Mumbai and Udaipur.


Singapore’s Ascendas-Singbridge to set up co-working spaces in India

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In the last 20 years, Ascendas-Singbridge has built 16 million sq. ft of office assets across information technology (IT) parks in six cities in India.


Gaw Capital-led consortium acquires HK shopping centres from Link REIT for $1.54b

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Gaw said the portfolio it is acquiring is comprised of a number of strategically-located properties across Hong Kong Island, Kowloon and the New Territories that sit in the heart of densely-populated communities.


Gaw Capital to exit four Vietnam assets bought via special vehicle by 2020

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The properties spread across Vietnam include Indochina Plaza in Hanoi and Hyatt Regency Danang.


Singapore’s Mapletree to invest in logistics assets in India

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Mapletree has just concluded the acquisition of Chennai-based information technology park SP Infocity for around ₹2,400 crore, marking its return seven years after it had made its first and only investment in the country.


Motilal Oswal Real Estate invests $41.3m in projects across 3 Indian cities

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MORE has routed the investments through India Realty Excellence Fund III and India Realty Excellence Fund IV.


Malaysia’s YTL to buy Spanish hotel property for $250m

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The freehold property will be refurbished and converted into a 200-room hotel that will operate under the Marriott International Inc’s EDITION brand.