Leading this week’s edition of People in the News, a senior executive responsible for marketing Wanda’s sprawling overseas portfolio has moved to London to take up a parallel role with real estate heavyweight R&F. Another property pro is packing her… Read More>>
Greenland Group Puts LA Condo Tower on the Block for $450M in US Pullback
The purchase of the $1 billion Metropolis project by China’s Greenland Group in 2013 was one of the early milestones in an outbound real estate investment wave that put the Shanghai-based developer onto a global stage, beside co-stars such as… Read More>>
Chinese Government Seizes Control of Anbang as Boss Charged with Fraud
The Chinese government now has direct control of the Waldorf Astoria hotel in New York, as the country’s insurance regulator formally takes over the hotel’s embattled owner, Beijing-based Anbang Insurance Group.
Anbang, which had scooped up the famed Manhattan property… Read More>>
Ivanhoé Cambridge Targets $630M in India Deals and More Asia Real Estate Headlines
Leading today’s real estate news, Ivanhoé Cambridge is looking to double its real estate investments in India — if it can find the right sites. Further east, a famed American toy retailer plans to roll out stores in Beijing and… Read More>>
Surging Hong Kong Drove $158B Asia Pacific Property Deal Peak in 2017
Hong Kong shouldered aside Tokyo to take the crown as the most active metropolitan real estate investment market in Asia Pacific last year, with deals for income-producing assets jumping 39 percent year-on-year to $20.9 billion, according to a new report… Read More>>
Asia Real Estate People in the News 2018-02-19
At the top of this week’s roundup of people moves, a Pamfleet executive has donned a new title in Hong Kong, and the Chinese arm of Logos Property has welcomed a new associate director in Shanghai. A residential expert has… Read More>>
Singapore’s GIC Leads $800M US Data Centre Deal
A group of investors led by Singapore’s sovereign wealth fund GIC is betting $800 million that the US will need more storage space for an exponentially growing universe of data.
GIC has teamed up with Denver-based investment firm Mount Elbert… Read More>>
Blackstone Real Estate Chief Jonathan Gray Takes Over as Group President and COO
Blackstone’s global head of real estate, Jonathan Gray, will take the reins as president and chief operating officer of the US private equity giant effective March 1. The 26-year Blackstone veteran will take over day-to-day management of the New York-based… Read More>>
Cindat Scores $385M Loan for NYC Hotels and More Asia Real Estate Headlines
At the top of today’s news, the private equity affiliate of one of China’s big four “bad banks” and its US partner have raised a major loan for a portfolio of Manhattan hotels and troubled conglomerate HNA faces another setback…. Read More>>
Blackstone May Buy Back $9.5B in Assets Sold to Anbang – At the Right Price
Blackstone Group was a primary supplier to Anbang Insurance Group’s headlong effort to become one of China’s biggest buyers of overseas assets. Stephen Schwarzman’s alternative investment giant sold no less than $9.5 billion in real estate and shares to the… Read More>>
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