PropertyGuru, a PE-backed Southeast Asia real estate portal, has agreed to merge with a special purpose acquisition company (SPAC) established by Peter Thiel and Richard Li, son of Hong Kong billionaire Li-ka Shing, for an enterprise valuation of $1.35...
B2B trading platform Chubby Bear not only wants to drive consolidation in China’s renovation materials space, but also provide exclusive products and supply chain services to contractors
KKR and Tiga Investments have acquired Hong Kong’s The Executive Centre at a time when flexible office space is coming into focus, but expansion ambitions need to remain in check
Chubby Bear, a Shanghai-based B2B platform that matches buyers with suppliers of renovation materials, has raised $400 million across two tranches of Series C funding.
KKR and Tiga Investments have agreed to acquire Hong Kong office space provider The Executive Centre (TEC), facilitating exits for HPEF Capital Partners and CVC Capital Partners.
PropertyGuru, a Singapore-based real estate portal backed by the likes of TPG Capital and KKR, has acquired REA Group’s property technology assets in Malaysia and Thailand.
KKR is seeking to become the largest shareholder in Pexa, an Australia-based electronic settlement network for property deals, having offered to take out Link Administration Holdings at an enterprise valuation of A$3 billion ($2.3 billion).
Ocean Link and Sequoia Capital China have completed the $190 million privatization and subsequent delisting of Zhejiang New Century Hotel Management.
Hong Kong-based real estate investor Gaw Capital Partners has leveraged its knowledge and networks to expand into technology and education. Christina Gaw, a managing principal, explains how
Anjuke, a Chinese online property marketplace controlled by classifieds player 58.com, has filed for a Hong Kong listing. It follows a $250 million pre-IPO funding round featuring two Hong Kong property developers.
JD Property, the infrastructure property asset management arm of Chinese e-commerce giant JD.com, has raised a $700 million Series A round led by Warburg Pincus and Hillhouse Capital.
PAG Asia Capital has acquired Australia-based Unispace with a view to expanding the office design and construction consultancy across Asia.
Aadhar Housing Finance, an Indian affordable housing lender acquired by The Blackstone Group in 2019, is looking to raise up to INR73 billion ($1 billion) through a domestic IPO.
Whether it is building a logistics platform, backing a take-private or anchoring a growth round for a tech start-up, Warburg Pincus prioritizes local partnerships in Asia
Warburg Pincus has agreed to make another partial exit from ESR, the pan-Asian logistics real estate platform it established in 2011 and took public last year, which will see its stake fall to 4.56%.
There were doubts about the viability of long-term property rental platforms in China before COVID-19. Post-pandemic regulation is creating further problems
Ontario Teachers’ Pension Plan (OTPP) has led a $360 million equity investment in Singapore-based data center developer Princeton Digital Group (PDG).
Warburg Pincus has agreed to invest INR7 billion ($95.7 million) in Home First Finance, an India-based provider of home loans to the low and middle-income segments.
Singapore-based real estate portal PropertyGuru has confirmed S$300 million ($220 million) in new commitments from existing backers TPG Capital and KKR.
KKR - working alongside Temasek Holdings - is using Vinhomes as a means to get exposure to Vietnam's booming property market. Mergermarket and AVCJ offer some additional industry context
Investcorp has led a $56 million Series C round for Indian managed co-living accommodation platform operator Zolo.
FineEx, a Shanghai-based logistics provider specializing in e-commerce, has raised RMB500 million ($71 million) in a Series D round of funding led by Baidu Capital.
Ucommune, a Chinese co-working space operator that failed to get traction with an attempted New York IPO last year, has been acquired by a US-listed special purpose acquisition company (SPAC) at a valuation of $764.9 million.
KKR's investment in Vietnam property developer Vinhomes is supposed to tap into infrastructure development as well as the home-ownership ambitions of a burgeoning middle class