China’s JD Property has teamed up with a start-up real estate investment firm backed by Hillhouse Capital with the partners having set up an operating platform in Singapore after acquiring five logistic properties in the city-state, according to an announcement… Read More>>
India’s Mindspace REIT Buys Out Chennai Tech Park and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, India-listed Mindspace REIT acquires the remaining fraction it didn’t already own of a Chennai IT park, and Abu Dhabi sovereign fund Mubadala opens a Beijing office. Also making the list, a hotel trust… Read More>>
Hillhouse Identified as Buyer of $232M ESR-Logos REIT Singapore Portfolio
Hillhouse Capital has made its first major industrial buy in Singapore with Mingtiandi now able to identify the Chinese private equity major as the buyer of a set of five industrial facilities in the city-state sold by ESR-Logos REIT last… Read More>>
Asia Real Estate People in the News 2023-06-05
Singapore’s largest non-state-backed developer leads this week’s set of staffing changes from around Asia’s real estate industry as the company names a new CIO. Also making the list is CapitaLand Investment, which has appointed new leadership for its Korea data… Read More>>
Swire Unveils $1B Finishing Touch to Miami Project and More Asia Real Estate Headlines
In today’s roundup of regional real estate headlines, Hong Kong’s Swire Properties reveals plans for the last phase of its Brickell Key complex in Miami, and a report says the Chinese government is readying another round of support measures for… Read More>>
Hillhouse Reportedly Moving to Singapore’s MBFC and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Bloomberg reports that Chinese private equity firm Hillhouse Capital is consolidating its Singapore offices into a single Marina Bay location, and buyout giant TPG prepares to acquire an Indian mortgage lender.
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Hillhouse Reaches $2B Close on First Asia Real Estate Fund with $300M Boost From CPPIB
Canada’s CPP Investments (CPPIB) revealed earlier this month that it had committed $300 million to Hillhouse Capital Group’s inaugural real estate fund during the quarter ending 30 June, with that vehicle having now reached a final close at over $2… Read More>>
Warburg Pincus, Hillhouse Lead $700M Investment in JD Property
China’s second-largest e-commerce player has set up its own property fund management business and now has support from a US private equity giant and a mainland venture fund to grow that asset management venture, according to recent announcements.
JD Property,… Read More>>
Hillhouse Adds Former Blackstone, Soho China Exec to Growing Real Estate Team
Mainland private equity firm Hillhouse Capital is continuing to build out its real estate capabilities as the company recently welcomed a former Blackstone managing director to its property investment team.
Yan Yan, who left Blackstone in late 2020 after a… Read More>>
New World Selling HK Bus Biz for $410M and More Asia Real Estate Headlines
After selling some of its peripheral property holdings in Hong Kong during June, New World Development seems to be freeing up more cash with an agreement to sell off its Hong Kong bus franchises to a private equity fund managed… Read More>>