Asia Real Estate News and Information

Greenland, Oceanwide and Hazens Named in FBI Probe of LA Real Estate Deals

Four of the biggest Chinese investors in Los Angeles real estate have been named in an FBI investigation of possible bribery, kickbacks, extortion, and money laundering related to property deals in southern California’s largest city, according to a document seen… Read More>>

M&G Real Estate in $295M Singapore Business Park Deal with Surbana Jurong

M&G Real Estate has agreed to pay approximately S$400 million ($295 million) to forward fund an office building being developed by engineering and infrastructure consulting firm Surbana Jurong in Singapore, according to an announcement late this past week by the… Read More>>

Mapletree Buys DC-Area Serviced Apartments for $70M and More Asia Real Estate Headlines

Singapore keeps churning out the headlines today as China and Hong Kong slow down as the city-state’s Mapletree Investments makes another US purchase and a major real estate agency names a new MD in the Southeast Asian financial hub. Meanwhile… Read More>>

WeWork Teams with Gemdale for Shenzhen Project and Adds New China Partner

China state-owned Gemdale Properties and Investment has handed over one of its own co-working facilities to WeWork for conversion into a new centre for the co-working giant, as the two companies enter a revenue sharing agreement, according to a statement… Read More>>

Alpha Hits $1.1B Final Close on Alpha Asia Macro Trends Fund (AAMTF) III

Singaporean real estate private equity manager Alpha Investment Partners has announced the $1.1 billion final closing of its Alpha Asia Macro Trends Fund (AAMTF) III, its third pan-Asian value-add vehicle.

Having already invested in projects in Shanghai, Tokyo and Brisbane,… Read More>>

Evergrande Buys Out SAAB Owner for $930M and More Asia Real Estate Headlines

Evergrande Group chairman Xu Jiayin seems determined to break into the world of electric cars, as the mainland property magnate this week agreed to pay nearly $1 billion to take over the Swedish electric car firm which controls the assets… Read More>>

WeWork CEO Said Making Millions Leasing Buildings to WeWork

WeWork lost $723 million in the first half of 2018, but the company’s largest shareholder still found a way to profit from the company’s business of signing long-term leases with landlords and subleasing rooms, desks and sofas to co-workers, according… Read More>>

Singapore Love Hotel Magnate Buys Club Street Site for Record $415M

A hotel site in Singapore’s Chinatown area sold for a record price per square foot at a government land sale this week, according to an announcement by the Urban Redevelopment Authority, as investors continue to show confidence in the city’s… Read More>>

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