China Vanke acquires 4.9% in Cushman & Wakefield for $166m

By
Posted

This comes ahead of Cushman & Wakefield’s US IPO that could raise as much as $1 billion at a valuation of over $5 billion.

China Vanke

M&G Real Estate acquires Seoul office building for $1b

By

Centropolis Towers is a 26-storey twin-tower office building in Seoul’s central business district.


Singaporean family selling Crowne Plaza resort in Australia for over $74m

By

The offering includes the 269-room Crowne Plaza Hotel and management rights for the 104-room Gold Tower.


Blackstone, Embassy Group said to pick banks for $1b India REIT

By

The Blackstone REIT, which comprises properties that count Microsoft and Rolls-Royce as tenants, would be a crucial test after much-hyped infrastructure trusts failed to gain traction in the Indian market.


Singapore’s Ascendas Reit acquires logistics properties in UK for over $273m

By

Temasek-owned Ascendas-Singbridge Group will provide Ascendas Reit with asset management and related services in the UK.


Heitman announces $338m final close for pan-Asia property fund

By

The closed-end, value-added fund has already made initial commitments to investments in Tokyo, Melbourne, and Hong Kong.


Piramal Capital invests $95m in Goldman Sachs-backed hospitality group SAMHI

By

The deal marks Piramal Capital’s third major investment in the hospitality segment in the last six months.


Warburg Pincus-backed BW Industrial targets to build warehouse for Amazon in Vietnam

By

BW Industrial, a joint venture between Warburg Pincus and Vietnam’s Becamex, targets to build the warehouse for the likes e-commerce giant Amazon in Vietnam.


China’s Anbang readies to offload overseas properties worth $10b

By

New York’s Waldorf Astoria, bought in 2014 for $1.95 billion, is not part of the sale.


India: Allcargo in talks with investors to raise $145m for logistics park

By

Allcargo has appointed investment bank Avendus Capital to advise it on the fundraise.