Asia real estate and outbound investment news
Having established a portfolio of 17 industrial developments across eight major markets in India, Blackstone is looking for new leadership for its Horizon Industrial Parks joint venture in the country, Mingtiandi can confirm.
Rahul Pandit, who served as chief executive… Read More>>
Brookfield India Real Estate Trust (BIRET) registered adjusted net operating income of INR 3.5 billion ($41.6 million) in the third quarter, a 44 percent surge from a year earlier, thanks to increased offshoring from international companies and an expanded portfolio… Read More>>
GIC is returning to familiar territory with an agreement to acquire a southern India business park from a fund managed by Europe’s Pimco Prime Real Estate after being part of a partnership which sold the Hyderabad asset to that venture… Read More>>
US private equity giant KKR is expanding its India footprint by opening a new office in the country’s National Capital Region, and has brought on board a former BlackRock executive to spearhead its Gurugram presence.
“Having a team in Gurugram… Read More>>
Singapore property heavyweight CapitaLand Investment (CLI) continues to deepen its presence in India as it opens the first phase of a business park redevelopment project in Hyderabad and kicks off construction of a 40 megawatt data centre on the same… Read More>>
Singapore-listed CapitaLand Investment (CLI) has acquired a newly built logistics facility near Seoul, South Korea for S$112 million ($82.5 million), making its first buy in Korea and the initial industrial deal on behalf of its flagship regional core-plus fund.
CLI’s… Read More>>
Colt Data Centre Services on Thursday announced the launch of a 120-megawatt facility in Navi Mumbai as the British company’s first project in India.
Occupying 15 acres (6.1 hectares) of land, the data centre will be built to Tier 3… Read More>>
Japan’s Sumitomo Realty & Development has agreed to buy a 22 acre (8.9 hectare) land parcel in central Mumbai from Bombay Dyeing and Manufacturing for INR 5,200 crore ($626.3 million).
Bombay Dyeing, a unit of India’s Wadia Group conglomerate, said… Read More>>
Indian logistics operator IndoSpace has secured an additional $150 million for its fourth development fund, with commitments from the Qatar Investment Authority and Grosvenor boosting the vehicle to a second closing of $393 million.
The investments in IndoSpace Logistics Parks… Read More>>
A fund managed by Morgan Stanley Real Estate Investing has partnered with Indian industrial builder Prakhhyat Group to develop a logistics project in Bhiwandi, near Mumbai.
The warehouse will span 700,000 square feet (65,032 square metres) at Prakhhyat Group’s K… Read More>>
