Century Bridge Capital has exited from its second joint venture with partner Jingrui Holdings, selling a stake in a $122 million residential project in mainland China it purchased just over a year ago, according to an announcement this week by… Read More>>
Chinese-Owned Aussie Builder Scoops Up Sydney Project for $60M
China Communications Construction Company (CCCC) is pressing ahead with overseas projects, buying an office tower in the heart of downtown Sydney through a local company it bought three years ago, The Australian reported this week.
John Holland, an Australian builder… Read More>>
Colliers Names Chief of Project Management for China
Colliers International is ramping up its ability to design and build offices, in addition to leasing, buying and selling them, by welcoming Harco te Lindert as Head of Project Management for China. In this newly created role, the industry veteran… Read More>>
Mapletree Boosts Student Housing Portfolio to $1.6B With 3rd American Acquisition
Mapletree is plowing more capital into student housing overseas, buying a portfolio of eight US and Canadian assets from Kayne Anderson Real Estate Advisors, the Singapore-listed developer and investor announced on Friday. Financial terms were not disclosed, but the deal… Read More>>
Private Equity Pioneer KKR Raises $9.3B for Third Asian Fund
Leveraged-buyout pioneer KKR has closed on its third pan-Asian fund, after raising US$9.3 billion for private equity investments across the region, the New York-based global investment firm announced Friday. The new vehicle, Asian Fund III, is the largest ever private… Read More>>
CapitaLand Announces RMB 4.2B in Shanghai Office Deals in One Day
CapitaLand is betting on the continued growth of the Shanghai office market, picking up a newly completed office project in the city’s Wujiaochang area for RMB 2.64 billion ($388.6 million), according to an announcement today by the Singapore-listed property giant…. Read More>>
Nan Fung Makes Hong Kong’s Biggest Land Buy Ever With $3.2B Kai Tak Bid
Hong Kong’s Nan Fung Development has outbid 11 rivals to win a commercial site near the former Kai Tak airport for the record-breaking price of HK$24.6 billion ($3.16 billion), according to a statement from the city government late yesterday.
Although… Read More>>
Anbang Buys Amsterdam Hotel from Blackstone for $392M
Anbang Group has forged another deal with Blackstone, buying an Amsterdam hotel from the US private equity giant for €350 million ($391.6 million), Dutch real estate news site PropertyNL has reported. The deal marks Anbang’s latest acquisition from Stephen Schwarzman’s… Read More>>
CIC Said Buying Logicor From Blackstone for $13.4B
China Investment Corporation (CIC) is poised to acquire Blackstone’s European logistics platform for over 12 billion euros ($13.4 billion), UK property news website The Estates Gazette reported on Monday.
The mainland sovereign wealth fund has reportedly moved ahead of rivals… Read More>>
CR Land Adds $385M Acquisition to $4.7B in Chinese London Deals in 4 Months
China Resources Land has made its first major overseas investment, partnering with a European REIT to acquire a trophy office building in the City of London for £300 million ($384.6 million). The Shenzhen-based, Hong-Kong listed property developer teamed up with… Read More>>