GIC, SCA Property form A$750m convenience retail JV in Australia
ASX-listed shopping centre owner SCA Property Group has established a A$750 million joint venture with an affiliate of Singapore-based GIC to invest in established...
CapitaLand Ascendas REIT to invest £203m in first UK logistics developments
Singapore-listed CapitaLand Ascendas REIT (CLAR) has announced plans to embark on its first logistics developments in the United Kingdom (UK), with an estimated total...
Tesco to sell its businesses in Thailand and Malaysia for $10.6bn
UK's retail giant Tesco Plc. has agreed to sell its businesses in Thailand and Malaysia, which is comprised of Tesco’s entire shareholding in Tesco...
PGIM Real Estate launches innovation lab to develop new real asset technologies
PGIM Real Estate has launched RealAssetX, an innovation lab to research, develop and invest in technology that aims to accelerate advancements in the real...
Mapletree Industrial Trust completes acquisition of interest in US data centre portfolio
Mapletree Industrial Trust (MIT), a real estate investment trust (REIT) listed on the Main Board of Singapore Exchange, has completed the acquisition of the remaining...
Melco acquires 19.99% stake in Crown Resorts for $1.22bn
Australian billionaire businessman James Packer has sold almost half his stake in Crown Resorts for 1.76 billion Australian dollars ($1.22 billion) to Melco Resorts &...
Nuveen completes Schroders acquisition, creating $2.6tn asset manager
Nuveen has completed its acquisition of Schroders, bringing the two asset and wealth management businesses together in a transaction that creates a combined firm...
Hines appoints new Asia CIO
Hines today announced that it has appointed Chiang Ling Ng as Chief Investment Officer (CIO), Asia.
Based in Hines’ Singapore office, Chiang Ling Ng will...
Singapore’s CDL snaps up Paris hotel for €240m
Singapore-listed global real estate company City Developments Limited (CDL) has acquired the Hilton Paris Opéra hotel from funds managed by Blackstone for €240 million.
CDL...
CPP Investments, RMZ Corp form commercial office JV in India
Canada Pension Plan Investment Board (CPP Investments) and India-based privately owned real estate developer RMZ Corp have formed a joint venture to develop and hold...
Cromwell divests Brisbane office tower for $108m
Cromwell Property Group has sold an office tower at 200 Mary Street in Brisbane for A$108.5 million to private markets finance and investment house...
Kerry Properties, GIC buy development site in Pudong, Shanghai
A joint venture between Hong Kong-listed property investment and development company Kerry Properties and Singapore's GIC Real Estate has won a land bid to...
