The new CEO of Japan Post Holdings has underlined his commitment to targeting riskier asset classes, including private equity and direct M&A opportunities. This comes as several local insurers are branching out into higher-return investments overseas...
Singapore’s GIC Private has entered into a joint venture with Indonesian industrial properties provider Mega Manunggal Property (MMP) to develop an extended warehouse portfolio.
Goldman Sachs and Blue Sky Alternative Investments have taken a controlling stake in The Pad, an Australian student accommodation group, as part a $1 billion joint venture.
Hong Kong-based private equity real estate investor Gaw Capital has reached a first close of $700 million on its fifth Asia-focused real estate fund.
Mofang Gongyu, a Shanghai-based serviced apartment chain operator, has raised $300 million in a Series C round of funding led by AVIC Trust. Existing backer Warburg Pincus also participated.
Haozu.com, a Chinese O2O commercial real estate service platform, has raised a RMB250 million ($39 million) Series A round of funding led by Joy Capital and Black Hole Capital.
UrWork, a co-working space for Chinese start-ups, has raised RMB200 million ($31 million) in an extended Series A round of funding.
Shanghai Chengtou Holding, a Shanghai-listed property developer which is also a portfolio company of Hony Capital, has committed RMB400 million ($62 million) to the GP’s latest China fund.
India’s Kotak Mahindra Group has closed a commitment of INR16 billion ($237 million) from institutional investors for equity investments in realty projects.
D&J Industrial Property, a Chinese business park developer co-founded by Warburg Pincus, has raised $220 million in a Series B round of funding.
The Blackstone Group has agreed to buy a portfolio of five retirement villages in New Zealand from Australia-listed property and infrastructure group Lend Lease Group.
Hony Capital has agreed to invest an additional RMB599 million ($91 million) hotel operator Shanghai Jinjiang International alongside other financial and strategic investors.
China-based warehousing operator e-Shang, which was founded by two local entrepreneurs in conjunction with Warburg Pincus, has agreed to merge with Asian counterpart Redwood Group as it builds scale towards a public market listing.
KKR has formed a partnership with China Orient Asset Management and China Orient Summit Capital (COS Capital) to make credit and distressed opportunities in the country, with real estate likely to be a key area of focus.
SouFun Holdings, a US-listed Chinese online real estate portal backed by the Carlyle Group and IDG Capital Partners, plans to spin out its online media and finance service units into a domestic backdoor listing.
Indian classifieds site Quikr has bought property search website CommonFloor for an undisclosed amount. Both companies have received VC funding.
Advantage Partners leveraged its expertise in corporate carve-outs to acquire SBI Life Living. It plans to split the business in two so that each half can achieve its full potential
RRJ Capital, Hong Kong-based asset management firm Value Partners, and other investors have committed HKD1.5 billion ($197 million) to Logan Property Holdings, a real estate development business controlled by Chinese billionaire Kei Ho Pang.
Aiwujiwu, a Chinese rental and second-home listings portal, has completed a Series E round of funding worth $150 million round led by Temasek Holdings and Hillhouse Capital.
China-based property manager Zhong Ao Home Group, which received a pre-IPO investment from Vision Knight Capital earlier this year, is looking to raise up to HK$459.2 million ($59.2 million) through a Hong Kong offering.
KKR has signed up another partner for its India-focused real estate non-banking finance company (NBFC), with US-based investor The Townsend Group agreeing to commit capital.
The private equity arm of India's Essel Finance has invested INR400 million ($6 million) across two housing projects by Mumbai-based developer Rashmi Housing, and will invest another INR350 million in a third project.
ALE Property Group, owner of Australia’s largest portfolio of freehold pub properties, has rejected a takeover bid from private investment firm Caledonia that values the business at approximately A$770 million ($564 million).
Warburg Pincus and Indian real estate developer Embassy Group has formed a joint venture to build industrial parks with warehousing facilities in key cities in India.