Vicinity Centres Archives - Mingtiandi

GIC Buys Stake in Blackstone European Hotels, Takes 45% Haircut on Aussie Mall

Poonyapat Luenam — Wed, 01 Nov 2023 11:55:17 +0000

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>>

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PAG Buying Perth Mall From CPPIB-Backed Fund After Price Slides 25%

Michael Cole — Thu, 21 Sep 2023 15:23:20 +0000

Asian private equity powerhouse PAG has made its second opportunistic property purchase in Australia within less than two months with the pick-up of Perth mall for a figure said to be around a quarter less than what its owners were... Read More>>

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Sunac Seeks to Stretch RMB Bond Maturity and More Asia Real Estate Headlines

Christopher Caillavet — Wed, 23 Nov 2022 13:50:00 +0000

In today’s roundup of regional news headlines, mainland developer Sunac reportedly looks to extend the maturity of more onshore bonds, China Vanke secures a line of credit from a state-backed lender, and a good class bungalow site in Singapore goes... Read More>>

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Hong Kong’s JY Group Buys Half-Stake in Sydney Mall From Telstra Super for $78M

Christopher Caillavet — Thu, 29 Sep 2022 13:06:28 +0000

Hong Kong investor JY Group has added to its collection of Australian retail assets by picking up a 50 percent stake in a suburban Sydney mall for A$120.5 million ($78.2 million).

JY Group purchased its half-interest in the Carlingford Court... Read More>>

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Link REIT Buys Stakes in 3 Shopping Assets From GIC in $394M Bet on Sydney Retail Rebound

Michael Cole — Sun, 07 Nov 2021 16:25:30 +0000

Hong Kong’s Link REIT has made its second investment in Sydney with the A$532.8 million ($394 million) purchase of stakes in a trio of retail assets, according to an announcement by Asia’s largest listed trust late Sunday.

In Sydney’s biggest... Read More>>

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