Asia real estate and outbound investment news
HNA Group, the aggressive outbound investor that has recently run afoul of regulators both in China and abroad, now risks seeing some $2 billion in acquisitions fall apart in the US, Singapore and Malaysia.
The transactions are at risk as… Read More>>
China Investment Corporation (CIC), the world’s third-largest sovereign wealth fund, is boosting its exposure to US commercial property by backing a listed real estate lender created by private equity behemoth TPG.
The Beijing-based fund has revealed that it holds a… Read More>>
Hong Kong developer Sino Land has outbid dozens of rivals to win a residential land site in the New Territories for HK$1.38 billion ($176.7 million), setting a new price record for Hong Kong’s Ma On Shan area in Sha Tin.
HNA Group, the mainland conglomerate that has racked up more than $30 billion in outbound deals since last year, has moved to address concerns about its ownership structure by revealing that it’s now controlled by a pair of obscure charity… Read More>>
Shenzhen’s Cheung Kei Group has recently completed the biggest real estate deal in London’s Canary Wharf since 2014, buying up a 12-storey prime office building in the financial district for £410 million ($530 million).
Undeterred by mainland China’s tightening controls… Read More>>
Dalian Wanda Group, China’s largest commercial property builder, is reportedly in the crosshairs of the country’s top leadership as China slams the brakes on an overseas acquisition binge by ambitious private firms.
A set of penalties levied against Wanda are… Read More>>
Pub owners have blamed an invasion of hipsters swilling cheap beer at the local 7-Eleven for killing off some of Lan Kwai Fong’s best bars and clubs. Now the millennial menaces are poised to claim another victim in the famed… Read More>>
US private equity giant Blackstone is reportedly planning to ramp up its presence in Asia by raising up to $3 billion for its first buyout fund focused on the region. According to sources cited by Reuters, Blackstone Group LP has… Read More>>
Fresh off of buying Hong Kong’s most expensive piece of land ever, Henderson Land Development is adding a senior banking executive to its leadership team by hiring Andrew Fung Hau Chung as Chief Financial Officer.
Fung will be joining the… Read More>>
China’s biggest-ever property deal has taken another twist, with Guangzhou’s R&F Properties suddenly stepping in to acquire 77 hotels from Dalian Wanda Group for RMB 19.9 billion ($2.9 billion).
The acquisition is the latest twist on a sale of Wanda’s… Read More>>
