Weekly Asia News (Friday)

TriVeda Capital has launched a USD500m real estate asset management platform in India. »

Cushman & Wakefield has expanded its Greater China operations into Taiwan by opening its first office in Taipei. »

Prologis, an owner, operator and developer of industrial real estate, has priced 96,200 investment units at a price of JPY763,420 per unit of Nippon Prologis REIT (NPR), a Japanese real estate investment trust. »

Emirates NBD’s real estate arm, Emirates NBD Properties, has recently concluded a AED122m deal for retail space in Index Tower, located in the Dubai International Financial Centre (DIFC). »

DAMAC Properties has revealed plans to expand its operations to Iraq. »

Nippon Prologis REIT (NPR), a Japanese real estate investment trust, is to issue new investment units. »

DAMAC Properties has reported sales exceeding AED1bn in its DAMAC Towers by Paramount development, which is under construction in the Burj Khalifa area of Dubai. »

Rockspring Property Investment Managers has opened an office in Seoul, South Korea, to further support its growing investor base in the region. »

AXA Real Estate Investment Managers’ Tokyo Office Property Fund (TOP) has completed the acquisition of Kyobashi Square, a core modern 5,884 square metre building located in the Chuo-Ku district of central Tokyo, from Godo Kaisha Kyobashi Property, a consolidated subsidiary of Ichigo Holdings.  »

As part of its efforts to strengthen its relationship with the Chinese fund industry, the Association of the Luxembourg Fund Industry (ALFI) has added a section in Chinese (Mandarin) to its website. »