BPE Asia Real Estate, the property-focused affiliate of Baring Private Equity Asia, picks its markets based on entry price per square foot. When investing in property developments, this is inextricably tied to land costs.
Mark Fogle, managing director and head of real estate at BPE Asia, cites the example of One Raffles Quay, which is located not far from his office in Singapore. The base price is $950 per square foot because...
PAI Capital, a Hong Kong and London-based asset manager that primarily caters to high net worth individuals (HNWIs), has paid RMB1.45 billion ($212 million) for a 24.22% stake in Vtron Group, a Shenzhen-listed video display systems manufacturer.
Vietnam’s VinaCapital and Japan’s Daiwa PI Partners have sold the remainder of their interest in Vietnamese dairy producer International Dairy Products (IDP).
A consortium led by China Resources Capital (CR Capital) has agreed to acquire a 65% stake in Hong Kong retail and supermarket operator City Super Group.
Indian online used car marketplace Spinny has acquired local counterpart Truebil, setting up several venture capital exits.