CapitaLand Investment, PGIM launch value-add logistics fund in South Korea
CapitaLand Investment Limited (CLI) has launched a value-add logistics fund via a joint venture with PGIM Real Estate.
CLI has a 10% stake in the fund...
Blackstone closes $8bn real estate debt fund
Blackstone has announced the final close of its latest real estate debt fund, Blackstone Real Estate Debt Strategies V, securing approximately $8 billion in...
Lendlease and Daiwa House join forces to develop new homes in London
Lendlease, a global real estate group, headquartered in Sydney, and Daiwa House, one of Japan’s largest home builders and property developers, have formed a...
Charter Hall, GIC buy office building in Canberra, Australia for A$335m
Australian property group Charter Hall and Singapore’s sovereign wealth fund GIC have formed a joint venture to acquire the 50 Marcus Clarke office building in...
WeWork’s reorganization plan confirmed, set to emerge from bankruptcy
WeWork announced today that the United States Bankruptcy Court for the District of New Jersey has confirmed its Plan of Reorganization, marking the final...
Chris Fossick joins Native Land as non-executive director
Native Land has announced the appointment of Chris Fossick, a leading name in Asia's real estate sector, formerly the Chief Executive Officer of JLL...
India’s Prestige Group signs deal with Blackstone to sell commercial properties
Prestige Group, a property development company in South India, said on Saturday that it has signed term sheets with Blackstone, a global private equity...
Sino-Ocean Capital forms US$1.4bn China office fund
Sino-Ocean Capital(SOC), the investment management arm of Chinese real estate developer Sino-Ocean Group, has formed Sino-Ocean Prime Office Partners I LP, a USD 1.4 billion...
Amazon to open fulfillment centre in Perth, Australia
Amazon will open a fulfillment centre in Perth to enhance customer experience on the West Coast of Australia.
The facility – planned to begin...
WeWork files for bankruptcy
WeWork, once the biggest US startup worth $47bn, has filed for bankruptcy in the US.
WeWork and certain of its entities has filed for protection...
CPP Investments to invest US$1.75bn in EQT’s AI infrastructure strategy
Canada Pension Plan Investment Board (CPP Investments) has invested US$1.75 billion (C$2.4 billion) to support EQT's strategy of expanding AI infrastructure through global data...
Korean pension fund partners with Areim in Nordic real estate move
Areim has entered into a strategic partnership with the National Pension Service of South Korea (NPS), one of the world’s largest institutional investors, marking...
