Asia Pacific real estate investment news and information
After less than three years spent bailing out the balance sheet of China’s third-largest property developer by sales, Country Garden chief financial officer Wu Jianbin has left the company citing personal reasons.
“Mr Wu Jianbin has tendered resignation from his… Read More>>
Hong Kong-based alternative investment manager PAG has reportedly raised $1.2 billion in fresh capital for its latest Asia Pacific real estate opportunity fund, according to market sources who spoke with Mingtiandi.
The new funding is understood to have been raised… Read More>>
One of China’s most aggressive outbound investors has found a new frontier as Guangzhou R&F reveals plans to set up $3 billion worth of hotels in Cambodia. Also in the news today, the mainland’s currency situation continues to get murkier,… Read More>>
China Investment Corporation (CIC) has forked out $1.03 billion to purchase a 45 percent stake in a building in New York’s iconic Rockefeller Center, a deal which makes the Chinese sovereign wealth fund one of the biggest buyers of Manhattan… Read More>>
JLL has brought on board former Shui On Group executive Rayman Tseng as Managing Director for the property consultancy’s operation in Wuhan.
Prior to taking on leadership of JLL’s office in the central China city of 9.8 million people, Tseng… Read More>>
Hong Kong home prices have been rising just in time for the cities developers to flood the market with 5,000 new units in the first quarter. Also in the real estate headlines today, the mainland’s real estate upswing was good… Read More>>
e-Shang Redwood (ESR) has closed on a $300 million round of investment led by a consortium of mainland investors as the Asian logistics developer prepares for a potential 2017 initial public offering.
The company, which was formed last January by… Read More>>
The first sale of a plot of commercial land in Hong Kong’s central business district in more than 20 years is expected to stir up a bidding war that could bring offers of as much as HK$17 billion ($2.2 billion)… Read More>>
Singapore-listed Yanlord Land Group has continued its love affair with China’s Yangtze River Delta by acquiring a mixed-use site in Nanjing for RMB 7.84 billion ($1.13 billion) to build an integrated development.
The purchase of the site in the capital… Read More>>
Fresh from getting slapped around by China’s insurance regulator over its attempted leveraged buyout of Vanke, Evergrande is back in the headlines this week with more news on a mainland list, and a $4.3 billion share sale. America’s president-elect also… Read More>>
