GIC forms second tie-up with Rajawali for Indonesia projects | Asia Property

Subscription Enquiries
Editorial Enquiries

This will be the secondary navigation

GIC forms second tie-up with Rajawali for Indonesia projects

Published on December 9th, 2014

GIC Real estate has formed a $500m joint venture with Indonesia’s Rajawali Group. It will be the two groups’ second joint venture; they are jointly developing the 47-storey Capital Place…

Not subscribed yet? Click here for full access.

Comment

Winner is not so clear in Sino-Japanese contest

Which of the two following markets would you rather invest in? The first has terrible demographics, its people are getting older and fewer, and GDP growth is minimal. The second...

Company Profiles

IREIT GLOBAL

Floated this summer, the first S-reit to target european property has focused on the german office sector initially, but aims to expand into austria, Holland, Switzerland and eventually the UK...

Analysis

Foreign capital keeps stoking heated Japanese investment market despite Abenomics losing steam

Economic growth may have faltered following a rise in consumption tax, but international players remain bullish about Japanese property markets, especially Tokyo offices, due to sound fundamentals Foreign investors’ enthusiasm...

World News

Blackstone offloads US industrial specialist IndCor to GIC

Blackstone has confirmed that it will sell US industrial real estate company IndCor Properties to GIC Real Estate for $8.1bn. Chicago-based IndCor owns about 10.9m m2 of warehouses in 29...

News

China unveils opportunities for senior housing operators

China is seeking foreign investment in elderly care services, offering opportunities for senior living real estate. A circular from the Ministry of Commerce and Ministry of Civil Affairs said foreign...

News

UBS loses Asian real estate head Cooke

Deals landed under watch of departing Asian property head include Asian family’s $1bn investment mandate Trevor Cooke is stepping down from his role as global head of real estate, Asia...

News

Family shares sale knocks Kaisa’s price

Kaisa Holdings’ share price has plummeted following a sale by the chairman’s family trust and revelations that it has been barred from selling some developments in Shenzhen. The Hong Kong-listed...

News

Sunshine comes to Sydney with record hotel deal

China’s Sunshine Insurance Group has bought the Sheraton on the Park hotel in Sydney for A$463m ($387.7m) – a record price per room. Starwood Hotels sold the 557-room hotel as...

Current Issue