Asia real estate and outbound investment news
Foreign investors are pushing into India’s rental housing market, with a big recent deal highlighting the potential for a shift away from mom-and-pop dominance in the sector.
Budget hotel operator OYO Rooms, backed by SoftBank, announced in late October its… Read More>>
Southeast Asia’s largest developer, CapitaLand, has doubled its investment in the US with a single, $835 million purchase of a portfolio of multifamily properties, according to an announcement by the Singaporean company this week.
The government-linked developer’s CapitaLand International subsidiary… Read More>>
Singaporean sovereign wealth fund GIC is making its first foray into China’s rental housing market by establishing a joint venture with Warburg Pincus-backed rental housing startup Nova. According to a joint announcement today by GIC, Nova and Warburg Pincus, the… Read More>>
For the second time in one week, Singapore’s sovereign wealth fund GIC has teamed up with Canadian pension giant CPPIB to buy up residential properties in the US, via a $550 million deal for multifamily assets primarily in the country’s… Read More>>
China Vanke is adapting to the central government’s plan to boost the supply of rental housing, after the country’s second largest developer confirmed that it will develop an 83,550 square metre Beijing residential project it purchased last December as a… Read More>>
