Leading today’s headlines, while Hong Kong residents may have little hope of buying a home this century, the government is doing just fine, thanks to robust land sales. New World paid a higher than expected price for a site in… Read More>>
R&F Aussie Unit in Liquidation After Court Orders Wind Up
A subsidiary of China’s Guangzhou R&F Properties went into liquidation this month after the supreme court of the country’s Victoria state ordered the company be wound up, according to a report today in The Australian.
The legal setback for R&F,… Read More>>
Softbank to Buy Fortress Investment for $3.3 Bil and More Asia Real Estate Headlines
Asia’s impact on the rest of the world is being underlined again today as one of Japan’s most aggressive investors announces that it is buying one of America’s best known private equity firms on the same day that a leading… Read More>>
Singapore’s CDL Acquires Shanghai Commercial Project for RMB 900M
Singapore’s City Developments Ltd (CDL) has acquired a 32,000 square metre commercial project near Shanghai’s Hongqiao transportation hub in its second real estate investment in the mainland megacity in less than one month.
CDL’s wholly owned subsidiary, CDL China Limited… Read More>>
KKR, Ascendas-Singbridge Bid for Singapore’s $1.3B United Engineers
KKR, Ascendas-Singbridge and Perennial Real Estate are among the finalists competing to acquire S$1.9 billion ($1.3 billion) Singapore property group United Engineers Ltd, according to a recent report by Bloomberg. The bids for the company were confirmed in a notice… Read More>>
GIC Leads Race to Buy Stake in Indian Developer and More Asia Real Estate Headlines
Singapore’s sovereign wealth fund is said to be leading the race to buy a 40 percent stake in an Indian commercial developer for around $1.8 billion, while elsewhere in the headlines Dalian Wanda returns to its hometown in China’s frozen… Read More>>
Dalian Wanda Denies Interest in €6 Bil German Bank Acquisition
Dalian Wanda Group, the property and entertainment conglomerate run by China’s richest man, Wang Jianlin, today denied reports that it was preparing a bid for Germany’s Postbank.
In a statement on its website, the Chinese firm said, “Media reports that… Read More>>
E-Shang Redwood Gets $100M More for Japanese Warehouses
e-Shang Redwood announced today that the State Oil Fund of Azerbaijan (“SOFAZ”) has agreed to invest $100 million in the Asian logistics real estate developer and fund manager’s Japanese projects.
The investment by the central Asian fund is the latest… Read More>>
Asia Real Estate People in the News 2017-02-13
As we roll on past the lantern festival and head full bore into the rooster year, Asia’s real estate professionals continue their pursuit of the perfect role that will bring them fortune, happiness and maybe even longevity in the new… Read More>>
How New Developments are Helping Preserve Shanghai Walkable Traditions Sponsored Feature
One of the most appealing elements of Shanghai is the city’s walkability. Originally built as a community connected by streetcars, bicycles and foot traffic, the city’s core areas have long been enhanced by tree-lined streets and broad sidewalks that welcome… Read More>>
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