The asset management arm of Korean financial services giant KB Financial Group has completed its KRW 850 billion ($630 million) purchase of the Samsung SDS Tower in Seoul, according to a statement by property consultancy Colliers, in Asia’s second largest… Read More>>
Gaw Capital Unveils Indonesian Data Centre Project, STT GDC Enters Malaysia
Southeast Asia continues to be a top target for data centre developers and investors with Hong Kong’s Gaw Capital Partners announcing a new project in Indonesia on the same day last week that Singapore’s ST Telemedia Global Data Centres (STT… Read More>>
AXA IM Alts Buys Hokkaido Senior Housing From Goldman Sachs for $36M
AXA IM Alts, the global alternative investment arm of French insurer AXA, has purchased two senior housing properties in the northern Japanese island of Hokkaido from an affiliate of Goldman Sachs for €34 million ($36 million) on the back of… Read More>>
GIC Buys Stake in Blackstone European Hotels, Takes 45% Haircut on Aussie Mall
GIC announced on Tuesday its purchase from Blackstone of a 35 percent stake in Mediterranean luxury hotel owner Hotel Investment Partners (HIP) in a move to capitalise on the burgeoning resort market in southern Europe.
The acquisition puts 72 more… Read More>>