India: Kotak Realty Fund plans to raise $100m for affordable housing investments

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Last year, Kotak Realty had raised $250 million to invest in residential projects.

Singapore: Champsworth Development, Hotel Grand Central strike realty deals

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Champsworth Development purchases 1 Draycott Park for S$72m; Hotel Grand Central acquires PwC Centre in Christchurch


India: Piramal Finance injects $51m in Mahagun to refinance debt, build new projects

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Piramal Finance Ltd, a subsidiary of Piramal Enterprises Ltd, has lent Rs325 crore to Noida-based realty firm Mahagun Group to refinance existing debt and as construction finance, top officials of the company have said. In a structured debt transaction, Piramal has sanctioned the money to two projects of the developer,… Read more »


Singapore: Straits RE picks stake in Sydney office; LMIRT acquires family mall

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Straits Trading Company has acquired a stake in a Sydney office while LMIRT has acquired a family mall in Indonesia.


India: Piramal Finance commits $171m in Embassy Group realty projects

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Piramal Finance Ltd, a subsidiary of Piramal Enterprises Ltd, has given a loan of Rs650 crore to Bengaluru-based Embassy Group. The transaction has been structured like this: Embassy will in turn lend the money to its project partner Manyata Promoters Pvt. Ltd and a shareholder in Embassy Manyata Tech Park,… Read more »


Investa, CPOF joint venture acquire prime Brisbane properties for $40m

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The latest acquisition now joins Investa’s portfolio of 14 assets.


SG: Frasers Logistics acquires Australian portfolio in $126.7m deal

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Frasers gains a presence in three of the largest industrial markets in Australia.


Blackstone makes $2b offer for Finnish real estate firm Sponda

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Sponda’s board has recommended the firm accept Blackstone’s offer.


Singapore: Mapletree Investments acquires $1.6b asset portfolio from Kayne Anderson

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Mapletree Investments now plans to expand to Australia and Europe.


CapitaLand strengthens Shanghai footprint with Guozheng Center acquisition

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Records net divestment gain of about S$85 million by divesting and acquiring property