GIC acquires LG Twin Towers in Beijing for $1.15bn
Singapore’s sovereign wealth fund GIC has acquired LG Twin Towers in Beijing from South Korean conglomerate LG Group for over RMB 8 billion($1.15 billion).
Located...
Frasers Property Retail buys AsiaMalls Management in Singapore
Frasers Property Retail, a retail-focused platform under Frasers Property Singapore, has agreed to acquire property manager AsiaMalls Management Pte. Ltd. (AsiaMalls Management), which currently...
Greystar buys two properties in South Yarra, Melbourne
Greystar Real Estate Partners has acquired two existing office buildings for re-development in the Inner Melbourne market of South Yarra, Australia, on behalf of...
KKR-led consortium to sell logistics facility in South Korea
Global investment firm KKR announced that KKR-led consortium will sell BLK Pyeongtaek Logistics Center, a newly developed multi-tenant logistics facility located in Pyeongtaek Port,...
Lendlease to sell stake in Brisbane’s Westfield Carindale shopping center
Lendlease managed Australian Prime Property Fund Retail will sell 50% stake in Brisbane’s Westfield Carindale, one of Australia’s leading super-regional shopping centres.
CBRE’s Head of...
Australian Unity forms JV with Singapore’s Keppel Capital
Australian Unity, a company providing healthcare, financial services, as well as retirement and living services, has formed a strategic 50:50 joint venture partnership with...
ESR plans to build logistics park in Sohna, India
ESR Cayman Limited (ESR) announced it plans to build a logistics park in ‘Sohna’ - Tehsil of South Gurugram, India. Sprawling over 76.84 acres,...
Centuria makes takeover offer to acquire New Zealand’s Augusta Capital
Centuria Capital and Augusta Capital Limited have entered into a Bid Implementation Agreement relating to an offer by Centuria to acquire Augusta Capital for...
Dare to adapt in a fast-changing world: CBRE APAC Real Estate Market Outlook 2020
Investors, tenants and landlords would be well advised to re-think their real estate strategies so they can adapt to a rapidly transforming environment, according...
World’s top 20 most dynamic urban centers
Hyderabad is the most dynamic urban center in the world, according to the latest JLL City Momentum Index. The results reveals that Asia Pacific is home...
CapitaLand’s Ascott opens serviced residence in Osaka
CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott),has opened its first Citadines serviced residence in Osaka, Japan.
Ascott is operating the property...
Lendlease sells JV stake in A$1.2bn North Sydney tower project
Lendlease has sold a 25 per cent joint venture interest in the Victoria Cross Over Station Development Tower which is expected to have an...
