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>>
China Spends $16.5B on US Commercial Real Estate in 12 Months to Claim Top Investor Spot
China surpassed Canada as the top investor in US commercial real estate in the 12 months ending March 31st – pouring over $16.5 billion into properties in the world’s largest economy, according to a recent report.
At $60.9 billion, overall… Read More>>
WeWork (and URWork) Prepare to Battle for Singapore Co-Working Market
Co-working unicorn WeWork is building up a team to bring its shared office platform into Singapore, with mainland competitors URWork and naked Hub also targetting the southeast Asian financial centre.
WeWork is preparing to enter the Singapore co-working space according… Read More>>
Hong Kong’s SEA Holdings Buys Prime London Building for $334M
SEA Holdings has become the latest in a string of Hong Kong investors to wager on London’s property market, agreeing to purchase a nine-storey office building in the British capital for £258 million ($334.4 million), the company confirmed this week…. Read More>>
Shanghai Office Market to Reach 11M Sq Metres by 2020 Says JLL
Shanghai is set to be Asia Pacific’s largest office market within the next three years, surpassing Hong Kong, Tokyo and Sydney as the Chinese commercial hub’s service sector drives demand for grade A space.
Approximately 1.1 million square metres (11.8… Read More>>
China Minsheng Buys 80% Stake in SF Bayside Project for Reported $100M
One of China’s largest private investment groups has teamed up with partners in the US to invest in a waterfront development site in San Francisco, joining a growing number of mainland and Hong Kong investors that are betting on the… Read More>>
Hanison Puts Kowloon Office Tower on the Block for HK$1.72B as HK Market Heats Up
Hong Kong’s Cheung Sha Wan market may get a little hotter next month when a newly renovated office building is set to be auctioned off in the active West Kowloon area. The 23-storey PeakCastle tower will be offered by public… Read More>>
Australia Leads as APAC Funds Scored 10.6% Returns in 2016
Investors who chose unlisted real estate funds focusing on the Asia Pacific region had a good year in 2016, enjoying returns of 10.6 percent that outperformed competitors in the US and Europe, according to the Asian Association for Investors in… Read More>>