March 2015 News in Brief | Asia Property

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March 2015 News in Brief

Published on March 9th, 2015

Warburg Pincus develops an interest in Indonesian retail Warburg Pincus is to invest $125m, with an option to invest up to $200m, to build a retail property development business in…

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Company Profiles

PROPERTY ADVISERS

Having global reach, a good grasp of technology and the ability to recruit the best people are the common themes behind the growth of the leading property advisers in asia...

Comment

China’s First Sponsor sees value in going Dutch

If you were a Chinese developer, with money to spend after a Singapore initial public offering, what is the first thing you would look to invest in? Land acquisitions; capital...

Companies & People

COMPANIES and PEOPLE

Savills expands with south east Asia and New Zealand buys Savills has acquired a big stake in CBRE’s Malaysian affiliate, which now trades under the UK broker’s brand. The former CBRE affiliate’s owners, Allan...

News

JLL markets jailed tycoon’s London hotel

Receiver to offload Grosvenor House Hotel after Subrata Roy, head of owner Sahara group, fails to sell asset One of London’s largest hotels is coming onto the market via official...

World News

Shanghai’s Shenglong Group pays record price for second Los Angeles site

Shanghai developer Shenglong Group has acquired its fifth overseas real estate project: a Los Angeles site bought for $26m. US media said the private company paid a record price for...

News

Fosun adds recruits for Japan campaign

Chinese giant appoints Japan property veteran Takuya Yamada to lead expansion of Idera business in Japan Chinese conglomerate Fosun is staffing up in Japan and has appointed a new head for...

News

Amsterdam office deal marks a First for Asian institutions

First Sponsor Group has bought a 33% stake in a €51.5m ($57.6m) Amsterdam office building, in its first deal since listing in Singapore last year. CBRE, which acted for seller...

Survey

Gaming makes Manila leisure and retail growth a safe bet

The opening of gaming and entertainment complexes in the Philippines’ capital is set to boost demand for high-end hotels, leisure, retail and luxury housing, as the city looks to emulate...

Research

Key data: listed sector

• The FTSE EPRA NAREIT Developed Asia Index rose 2.8% in February, behind the European index, which rose 5.5%, while the North America index fell 2.8%. • The Hong Kong...

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