Singapore-based real estate developer Assetz to float $250m fund for India

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The proposed fund will be used to buy land parcels to develop residential projects across India.

WeWork makes its foray into Malaysia with biggest co-working space in Southeast Asia

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The first WeWork office in Malaysia will have the capacity to accommodate 1,900 members, the largest in Southeast Asia.


Ascendas-Firstspace venture buys warehousing assets in Chennai for $120m

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Besides Chennai, the joint venture is looking at Mumbai, NCR, Pune, Bengaluru and Ahmedabad, and aims to develop a portfolio of 15 million sq. ft.


Malaysia’s Eco World inks $495m deal with Invesco to buy realty assets in London

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The deal will see Invesco acquiring over 1,000 units of Build-to-Rent (BtR) homes in London in Kew Bridge and Barking Wharf.


India: Blackstone in talks to acquire Adani’s BKC property for $270m

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The private equity firm stepped in after Shapoorji Pallonji backed out from buying the 10-storey building in Mumbai’s latest financial district.


Singapore’s ARA Group forays into the US, acquires 38 Hyatt service hotels

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To set up base in the US, ARA will open an office in Dallas, led by industry veteran Jin Y. Lee.


Blackstone close to buying 50% stake in Indiabulls’ two office projects

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In November, Indiabulls had said that it was selling a stake in two Gurugram office projects, but had not disclosed the investor’s name.


NBFC-led India liquidity crisis may nip green shoots in real estate

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After banks trimmed their lending to the real estate sector in the past couple of years, developers received nearly half of their funding from NBFCs.


Walter Kwok’s two sons inherit $3b stake in developer Sun Hung Kai

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Walter Kwok’s wealth transfer is the latest in a family saga that includes a kidnapping, fallouts and corruption trials.


Allianz picks 20% stake in Singapore’s Ocean Financial Centre for $392m

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The investment is part of Allianz’s strategy to allocate 5-10 per cent of its real estate exposure to the Asia Pacific.