Dalian Wanda Group chairman Wang Jianlin has used his status as China’s richest man to offer speeches and books on the way he built a local real estate company in northern China into one of the world’s largest property developers.
Singapore’s Metro Holdings Names Yip Hoong Mun as China CEO
Singapore-listed Metro Holdings has named former CapitaLand executive Yip Hoong Mun as chief executive officer for its China operation and chief operating officer for the retail real estate development specialist, according to a statement to the stock exchange.
Yip steps… Read More>>
Shenzhen Metro Steps in as China Resources Exits Vanke and More Asia Real Estate Headlines
One of the biggest takeover battles in Chinese corporate history appears to be coming to a close as China Resources sells its Vanke stake to Shenzhen Metro. Also in the headlines to start the week, China’s best known think tank… Read More>>
Blackstone, Warburg Pincus Said Bidding Against CIC for GLP
GLP hired JP Morgan just over a month ago to conduct a strategic review of its $8.6 billion business, and the investment bank appears to be earning its fees as two of the world’s largest private equity firms are now… Read More>>
Goldman and Apollo Team Up for $235M Investment in Thailand’s Tallest Tower
While Vietnam and the Philippines may be the southeast Asian markets getting the most attention from real estate investors this year, Goldman Sachs and Apollo Global Management have headed to Bangkok for a $235 million investment in a project that… Read More>>
Guangzhou CTF Tower Opens as China’s Second Tallest and More Asia Real Estate Headlines
If reaching the apex of the world’s fourth tallest building is on your bucket list, then you now have another reason to visit Guangzhou, following the completion of the new 1,739 foot tall tower there. Also in the news this… Read More>>
Greentown China Announces $2.9B Global Investment Plan
After teetering on the edge of bankruptcy in 2014, real estate developer Greentown China has bounced back. Just two years after nearly selling itself to pay off creditors, the once insolvent home builder this week announced a RMB 20 billion… Read More>>
Jesline Goh to Take Over as CEO of Keppel REIT
Perennial Real Estate Holdings and CapitaLand veteran Jesline Goh has been appointed as CEO of Keppel REIT Management Limited, according to an announcement this week by the Singapore-based real estate investment firm.
Goh will take over the top slot at… Read More>>
Alibaba Buys Intime Dept Store Chain in $2.6B Deal and More Asia Real Estate Headlines
After pulling customers out of China’s department stores, ecommerce giant Alibaba has decided to put some cash into the downtrodden retail segment, according to reports in the media this week. Also in the headlines today, Goldman Sachs gets bullish on… Read More>>
Great Eagle’s US Unit Buys Seattle Hotel Site for $18 Mil
Pacific Eagle, a US real estate developer controlled by Hong Kong’s Great Eagle Holdings today announced the acquisition of five contiguous land parcels totaling 19,440 square feet (1800 square metres) in Seattle’s Belltown neighborhood. The off-market purchase is the latest… Read More>>
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