Asia real estate and outbound investment news
CapitaLand Investment (CLI) has raised S$368 million ($273.1 million) in a first closing for its second India business park development strategy as the Singapore property giant expands its private funds business in the world’s largest country.
CLI on Thursday announced… Read More>>
Asset management giant Brookfield and data centre trust Digital Realty have brought in Reliance Industries as a local partner in the pair’s existing joint venture to develop, own and operate data centres in India.
Reliance, the conglomerate controlled by billionaire… Read More>>
Private equity major Bain Capital on Sunday announced an agreement to acquire 90 percent of two companies controlled by Indian billionaire Gautam Adani.
The transaction will buy out 100 percent of the Adani family’s private investments in Adani Capital, which… Read More>>
In today’s roundup of regional news headlines, Blackstone prepares to launch Asia’s largest REIT IPO in terms of square footage, and the sale of Samsung SDS’s head office shapes up to be South Korea’s biggest real estate deal of the… Read More>>
Blackstone has agreed to buy out the remaining warehouse business of Mumbai-based Allcargo Logistics by taking full ownership of a set of companies said to hold 5.5 million square feet (511,000 square metres) of properties.
The US fund management giant… Read More>>
Blackstone’s Lumina CloudInfra has begun construction of its first hyperscale data centre campus in India, with the project expected to exceed 60 megawatts of critical IT load.
Lumina said Wednesday that it expected the first phase of the maiden development… Read More>>
Singapore sovereign wealth fund GIC has formed a 50:50 joint venture with Brookfield India REIT to buy two commercial assets held by funds managed by the latter’s sponsor, Brookfield Asset Management, with a combined enterprise value of $1.4 billion.
The… Read More>>
US fund management giant Blackstone will kick off the initial public offering for India’s first listed trust of retail properties on 9 May, with a goal of raising up to INR 32 billion ($391 million), according to an updated prospectus… Read More>>
Global investors are turning to Asia’s emerging logistics markets as manufacturers look to diversify their networks and e-commerce continues to mature in India and the fast-growing economies of Southeast Asia presenting an opportunity for yield from growing consumer spending.
In today’s roundup of regional news headlines, industrial giant ESR announces a new project in India’s Gujarat state, and Blackstone-backed Nexus Select Trust seeks to double its India mall holdings through acquisitions. Also on the list is a Cadillac Fairview… Read More>>
