Heitman and GIC splash $2.3bn on mall stakes in US | Asia Property

Subscription Enquiries
Editorial Enquiries

This will be the secondary navigation

Heitman and GIC splash $2.3bn on mall stakes in US

Published on October 12th, 2015

GIC Real Estate and Heitman have spent a total of $2.3bn on stakes in a portfolio of US shopping centres. The Singaporean sovereign fund bought 40% stakes in five malls…

Not subscribed yet? Click here for full access.

News

AIG seeks $3.2bn for IFC complex in giant Seoul disposal

Realisation of high price tag may depend on vendor’s ability to let remaining space in trophy Yeoido asset AIG Global Real Estate is to put its flagship International Finance Centre...

Comment

Make eco action the name of the game

Eco-gamification, which turns the weighty aim of reducing buildings’ environmental impact into a fun game for tenants to play, could prove a highly effective tool in improving the Asian property...

Comment

Australian boom may have global reverberations

What a difference a deal makes. This year wasn’t going badly for Australian real estate, but there are enough significant buildings on the market in the final quarter to make it...

Research

Key data: listed sector

• The FTSE EPRA/NAREIT Developed (Asia) Index fell 0.9% in September, well behind the North American index, which rose 3.3% and the European index, which rose 0.2%. • Local currency...

Research

Key data: Non-listed sector

News

Brunner takes over from Fitzgerald at Knight Frank

Piers Brunner (pictured) is set to join Knight Frank as head of Greater China. The former Colliers International Asia Pacific CEO is set to join Knight Frank later this year,...

News

German fund BVK ups allocation to Asia

German public sector pension fund Bayerische Versorgungs- kammer (BVK) is set to substantially increase its allocation to Asia Pacific real estate. BVK is set to award mandates totalling €700m ($789.6m)...

World News

Tishman to join Paris deal rush with €500m office sale

Tishman Speyer is selling its 34,422m2 Paris Bourse office complex close to the Place de l’Opéra in central Paris, for €500m ($565.5m). Tishman redeveloped the scheme’s eight buildings behind the...

Survey

Online shopping boom opens doors in logistics

Fractured market is ripe for development as e-commerce and social commerce see dramatic increases, spelling opportunities for those ready to tackle the sector’s lack of transparency and available sites The...

Current Issue