real estate

Ledermann postpones IPO due to low demand

Real estate firm Ledermann Immobilien cancelled its planned IPO today because of low demand.

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Fubon Life plans to beef up overseas real estate portfolio after lifting of restrictions

Fubon Life Insurance Co would be buying real estate overseas after the Taiwanese regulator eased restrictions for insurance firms on property investments.

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Carlyle acquires Metropolitan Real Estate

The Carlyle Group purchases the Metropolitan Real Estate Equity Management LLC.

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Foxtons debuts strong in London stock market with GBP 788 million

Real estate firm Foxtons debuted strong in the London bourse, with early trading placing the firm's value at GBP 788 million or USD 1.27 billion.

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Adventus Realty Trust inks deal to purchase Crossings office complex for USD 35.5 million- sources

Sources told that Adventus Realty Trust would buy Crossings for a price tag of USD 35.5 million.

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MDIS gives MYR300 million to construct Malaysia extension

The Management Development Institute of Singapore (MDIS) would be investing MYR300 million of its money to construct a large campus at Educity, Nusajaya.

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Philippine's Megaworld gives additional PHP10 billion for Iloilo Business Park development

Philippine real estate developer Megaworld Corporation would be adding PHP10 billion to its PHP25 billion development fund for the 72-hectare Iloilo Business Park located in the Visayas region.

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Chinese insurance firms may seek real estate investments overseas- CBRE Group

The CBRE Group Inc said Chinese insurance companies could spend USD 14.4 billion in commercial real estate investments overseas.

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Property expert calls out possible property market bubble burst in Dubai CEO and founder said that another property price bubble is in the making in Dubai.

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Zillow acquires StreetEasy for USD50 million

Zillow Inc. announced acquisition of StreatEasy for USD50 million as it moves to expand in the New York market.

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Krung Thai Asset Management announces THB 28 billion or USD 891 million-IPO from Thai real estate firms by year's end

A Thai-based fund manager announced that two leading real estate firms in Thailand plan to raise THB 28 billion or USD 891 million in an initial public offering scheduled by the end of this year.

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Wheelock buys hotel portfolio of 703 rooms from Lingate Hospitality Group

Wheelock Street Capital announced that they have acquired a six hotel portfolio located in Ohio and in Texas, Tennessee from Lingate Hospitality Group.

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Financial Institutions may shy away from funding Delhi-Jaipur expressway if land not acquired

India’s Road Minister Oscar Fernandes said that unless major lands are handed over, financial institutions that would lend for the construction of expressways in the country could possibly shy away.

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Four Springs Capital Trust announces acquisition of property

Four Springs Capital Trust announced today a completed acquisition of a 19,530 square foot property in Michigan.

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Legal & General gains control over UK real estate

The UK NEST gave Legal and General Investment Management mandate over real estate asset allocation.

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