CapitaLand to buy Orient Overseas China property for USD2.2 billion

By Gita Dhungana

Singapore’s CapitaLand has agreed to pay USD2.2 billion to acquire Chinese property assets from shipping company Orient Overseas (International) Limited

CITIC Capital raises US$400 million for third real estate fund

By Chito Santiago

CITIC Capital Holdings has raised US$400 million for its third China real estate fund, CITIC Capital China Real Estate Investment Fund III, from institutional investors from Europe, the US, the Middle East and Japan, as well as seed money from CITIC Capital

Banyan Tree raises US$268 million for Indochina fund

By Chito Santiago

Banyan Tree Holdings, a leading manager and developer of premium resorts, hotels and spas in the Asia-Pacific, has raised US$268 million from investors for its Banyan Tree Indochina Hospitality Fund

Decline in commodity prices pulls Malaysia funds lower

By Chito Santiago

Funds registered for sale in Malaysia lost, on average, 8.50% in October, pushing their accumulated average loss to 19.22% in the past five months

AXA REIM opens new Asian headquarters in Singapore

By Chito Santiago

AXA Real Estate Investment Managers (AXA REIM), the leading real estate manager in Europe with US$63 billion of assets under management, announced in early September the opening of its new Asian headquarters in Singapore

China REITs waiting to take off

By Chito Santiago

The next 24 months will be interesting for the real estate investment trust (REIT)market in China. Even though a lack of a regulatory framework, tax considerations and the difficulty of ascertaining which regulatory body has oversight are hampering its take-off, the future looks...