* Canadian institutional investor Caisse de dépôt et placement du Québec closed a deal with Brookfield Business Partners LP and its institutional partners to co-invest more than A$300 million in Australian private hospital operator Healthscope Ltd. The investment will be made as part of Brookfield's A$4.4 billion buyout of Healthscope, which was completed in June.
* Sydney developer Aqualand is believed to have struck an agreement with Oxford Properties Group Inc. for the acquisition of the Canadian investor's stake in the office component of the A$2 billion Barangaroo Central integrated development in Sydney for an undisclosed sum, The Australian Financial Review reported, citing unnamed sources. Aqualand and Scentre Group will share ownership of the mixed-use project following the transaction, the publication noted.
Australia
* Olympian and property developer Mark Stockwell purchased the Noosa Civic shopping center on the Sunshine Coast in Queensland under an approximately A$250 million agreement with Queensland Investment Corp., the AFR reported. Colliers International brokered the transaction, which reflected a 5% yield.
* A joint venture between LendLease Group's engineering unit and CPB Contractors Pty Ltd. secured the A$644 million contract to design and construct earthworks and drainage at the new airport in Sydney's Badgerys Creek suburb, The Australian reported. Works under the contract will commence in early 2020, with completion scheduled in 2022.
Hong Kong and China
* CapitaLand Retail China Trust completed its 2.96 billion-yuan deal with CapitaLand Ltd. to acquire the CapitaMall Xuefu, CapitaMall Aidemengdun and CapitaMall Yuhuating shopping centers in China. The selling Singapore-based property group was expecting proceeds of approximately S$239.9 million and a net gain of roughly S$37.6 million from the transaction.
* Chang Jia International Ltd. entered into an agreement with three fellow Sunshine 100 China Holdings Ltd. subsidiaries for the safekeeping of 1.10 billion yuan that it received as a deposit from the 4.66 billion-yuan divestment of a residential property development in Qingyuan, China, to Kaisa Group Holdings Ltd.'s Victor Select Ltd. unit. The disposal of the property will involve the transfer of Chang Jia's entire interest in the share capital and loans of Eminent Star Group Ltd., according to a filing.
Singapore
* The manager of OUE Hospitality Trust requested a suspension in the trading of the real estate investment trust's shares on the Singapore stock exchange in relation to the trust's proposed merger with OUE Commercial REIT. Upon completion, the merger is expected to create one of the largest REITs in the city-state with a market capitalization of up to about S$2.9 billion and approximately S$6.8 billion of total assets under management.
* Sun Venture (S) Investments Pte Ltd. obtained a S$455 million green club loan to help finance its S$660 million purchase of 15-story office building at 71 Robinson Rd., The (Singapore) Business Times reported, citing a news release from Oversea-Chinese Banking Corp. Ltd. Aside from the transaction, the loan will also be directed toward future investments to improve the company's energy, water and waste footprints.
* SPH REIT issued S$300.0 million of 4.10% subordinated perpetual securities under its S$1.00 billion multicurrency debt issuance program. The listing of the securities on the Singapore Exchange Securities Trading Ltd. is expected to take effect Sept. 2, according to a news release.
Japan
* Japan Retail Fund Investment Corp. settled its ¥14.90 billion divestment of a building in the Shinsaibashi district of Osaka to an unnamed buyer.
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