Shanghai Jin Jiang International, a Chinese hotel operator backed by Hony Capital, has agreed to buy Europe’s second-largest hotel group Louvre Hotels from US real estate investor Starwood Capital.
ICICI Venture is being sued by a group of 69 non-resident Indian investors who are seeking $103 million in damages from over alleged losses from a property fund run by the GP.
The Blackstone Group and Indian developer Embassy Property Developments have acquired a 73% stake in Bangalore-based project comprising the Four Seasons Hotel and a luxury home development from Goldman Sachs.
China’s Anbang Insurance Group has agreed to buy the Waldorf Astoria hotel in New York from Hilton Worldwide Holdings, a portfolio company of The Blackstone Group, for $1.95 billion.
Southern Capital Group has agreed to acquire a majority stake in United Engineers’ Singapore-listed engineering and construction division for S$230.2 million ($180 million) in cash.
Singapore sovereign wealth fund GIC Private has agreed to set up a joint venture with India's Brigade Group to focus on residential real estate investments.
Hony Capital has agreed to acquire a RMB15 billion ($246 million) stake in Chinese hotel company Shanghai Jin Jiang International Hotels Development.
Milestone Capital Advisors has exited its stake in warehouse complex Acorn Warehouse & Logistics Parks for $24 million, generating a 1.5x return.
The Carlyle Group is in talks with real estate developer China Vanke to acquire some of its commercial properties.
JD Capital has invested RMB600 million ($98 million) in Shenzhen International Enterprise for a 10.42% stake in the Chinese real estate developer.
KKR and Australia Securities Exchange-listed Abacus Property Group have together agreed to buy a majority stake in three office towers that form part of Melbourne’s World Trade Centre (WTC) for A$120.4 million ($112.3 million).
The Xander Group has invested INR4 billion ($65 million) in India realty firm Supertech to finance township and housing projects in Gurgaon in North India.
Tata Opportunities Fund (TOF), the flagship vehicle of Tata Capital, has invested INR4.68 billion ($80 million) in South Indian real estate developer Shriram Properites.
Fangdd.com, a Chinese real estate portal, has raised $80 million in a Series B funding from Vision Knight Capital, Lightspeed China Partners and CDH Venture.
A PAG-led consortium has acquired a portfolio of around EUR700 million ($954 million) in primary subordinated loans held by Commerzbank’s Japan real estate subsidiary, plus local operations and staff.
Warburg Pincus has agreed to buy HK$77.5 million worth of shares in Chinese property developer Jinmao Investments’ Hong Kong IPO, which is targeting up to HK$3.39 billion ($437 million).
China Investment Corp. (CIC) has said it will improve management of its overseas investments after China's National Audit Office (NAO) said mismanagement had led to losses.
China’s Minsheng Bank has committed RMB370 million ($60 million) to a private equity fund established by Modern Land, a Hong Kong-listed property developer.
KKR has teamed up with Hong Kong-based hedge fund LIM Advisors to acquire a commercial property in Seoul’s central business district. It is the private equity firm’s first real estate deal in South Korea.
TPG is said to have emerged as the sole final bidder for DTZ, the property services arm of Australian engineering and property management company UGL.
Chinese conglomerate Fosun Group has bought Tokyo-based real estate management firm IDERA Capital Management from Japanese private equity firm Unison Capital. Financial terms were not disclosed.
TPG Capital and Malaysian sovereign wealth fund Khazanah Nasional have together invested PHP5.8 billion ($132 million) in Philippines-based housing developer 8990 Holdings.
Indian private equity firm Milestone Capital Advisors has exited its stake in a 250,000 square foot commercial property in Pune for INR1.45 billion ($24 million).
Gaw Capital has agreed to acquire Pacific Century Place, a Beijing residential and commercial complex, from Premium Century Premium Development - the real estate unit of Hong Kong's PCCW - for $928 million.