Lendlease to sell Engineering business
Lendlease, the Australian property and infrastructure group, has entered into an agreement with Acciona Infrastructure Asia Pacific (Acciona) to sell its Engineering business for A$180...
ARA acquires majority stake in LOGOS
ARA Asset Management Ltd (ARA) has acquired a majority stake in LOGOS via its logistics arm, ARA Logistics Partners Limited, joining existing shareholders, LOGOS’...
Allianz acquires prime multifamily property portfolio in Tokyo for €110m
Allianz Real Estate has acquired a prime multifamily property portfolio in Tokyo for €110 million. The portfolio comprises 11 newly built assets with 275...
Singapore’s Ascendas REIT to acquire logistics property in Sydney for A$23.5m
Singapore’s listed business space and industrial real estate investment trust, Ascendas Real Estate Investment Trust (Ascendas Reit) said it has agreed to acquire a...
IWG signs first Australian franchise deal to open 10 new coworking spaces
Flexible workspace provider IWG has signed its first Australian franchise deal with Adams Group, the Queensland convenience store and service station operator.
The partnership will...
Charter Hall partnership acquires retail store portfolio for A$353m
Charter Hall wholesale partnership LWHP, which comprises VFMC, Telstra Super and CHC as partners, has acquired a portfolio of six Bunnings Warehouse retail stores...
Keppel REIT manager appoints new deputy CEO
Keppel REIT Management Limited, the manager of Keppel REIT, announced that Shirley Ng will be appointed as the Deputy Chief Executive Officer (CEO) of...
IKEA’s shopping malls arm Ingka Centres enters Indian market
Swedish home furnishings retailer IKEA’s shopping malls business Ingka Centres has entered the Indian market by acquiring a major land in Uttar Pradesh, India.
The 47,833...
CapitaLand to buy hyperscale data centre campus in China
Singapore's CapitaLand is acquiring its first hyperscale data centre campus in China, the world’s second largest data centre market and the largest in Asia...
Ivanhoé Cambridge, Lighthouse Canton invest in Indian life science R&D office-labs portfolio
Ivanhoé Cambridge is investing in a 0.85M sf life science R&D office-labs portfolio in Genome Valley, Hyderabad.
The portfolio will be acquired alongside Lighthouse...
Asia Pacific CRE recovery continues despite Covid-19 variant concerns, says CBRE
Asia Pacific’s commercial real estate (CRE) markets will continue to recover in the second half of 2021, with investment activity picking up significantly, regional...
CPP Investments commits C$1.3bn to GLP Japan development fund
Canada Pension Plan Investment Board (CPP Investments) has committed JPY 110 billion (C$1.3 billion) to the newly established GLP Japan Development Partners IV (GLP...
