If you wondered how China’s most acquisitive conglomerate plans to pay for the HK$27 billion in sites it just purchased in Kai Tak, then the mystery was solved today when HNA announced an upcoming rights issue that should cover part… Read More>>
Fosun CEO Liang Xinjun Steps Down Amid Reports of Discord
Fosun CEO Liang Xinjun is leaving the company he co-founded more than 25 years ago with four of his school buddies, as revealed by an unexpected announcement in Hong Kong today by Guo Guangchang, the billionaire chairman of the Shanghai-based… Read More>>
Benoy Appoints Darren Cartlidge as Regional Operations Director
Global design firm Benoy announced today that it has appointed Darren Cartlidge as its Regional Operations Director based in Hong Kong, giving the 20 year industry veteran responsibility for projects in China, Southeast Asia and the other Australasia for the… Read More>>
China Life Hunts for Overseas Assets and More Asia Real Estate Headlines
Leading today’s news, China’s largest insurer has some big plans for overseas acquisitions, while one of the country’s biggest developers is still working on not becoming an acquisition. Also in the headlines, Kaisa is back from the dead zone and… Read More>>
Ping An Finance Center Now China’s Second Tallest
Ping An Finance Center, a 599-metre (1965-foot) skyscraper in Shenzhen is now officially China’s second tallest building. The Kohn Pedersen Fox-designed megatall in the city’s Futian district now ranks just behind the 632-metre Shanghai Tower among the mainland’s loftiest erections,… Read More>>
Asia Real Estate People in the News 2017-03-27
Everyone’s got their own opinion on how co-working should fit into the market, but so far this year it at least looks like a great career path, as more of the region’s real estate professionals find new roles in the… Read More>>
GLP Bidding War Shows Promise of Logistics Platforms in Asia, US Sponsored Feature
Global Logistic Properties, has reportedly shortlisted at least three groups in the bidding for the Singapore-based warehouse operator, according to Bloomberg. The three groups were said to be a management-backed consortium that includes Chinese investment firms Hillhouse Capital Management and… Read More>>
Blackstone Selling Seaworld Stake to Chinese Conglomerate and More Asia Real Estate Headlines
Leading the region’s real estate news today, Stephen Schwarzman’s attic must be emptying out quickly as the Blackstone boss sells yet another holding to a Chinese firm – and simultaneously redirects some angry phone calls from animal rights activists. Also… Read More>>
Li Ka-shing Predicts 2 More Years of HK Home Price Hikes and More Asia Real Estate Headlines
Hong Kong’s richest man can’t take it with him, but he can still shed tears of joy over the cash he’s making from the city’s booming real estate market, while Vincent Lo convinces an SCMP reporter that Shui On is… Read More>>
Keppel Land Takes Control of Saigon Centre and More Asia Real Estate Headlines
At the top of the headlines today Keppel Land becomes the latest Singaporean developer to commit more cash to Vietnam, Jared Kushner’s cushy White House gig could tie up his juicy NYC property deal, and Hong Kong property developers are… Read More>>
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