TH Real Estate, the property division of investment giant TIAA-CREF, announced this week that its CEO James Darkins would retire at the end of this year, and that the company’s managing director for Europe, Mike Sales, would become its new… Read More>>
GLP Closes on $7 Bil China Logistics Fund
Global Logistic Properties is doubling down on its investment in China’s logistics real estate market with a new $7 billion fund dedicated to building more distribution centres across the country.
China Logistics Fund II, or CLF II, officially closed today… Read More>>
Logan Group Plans 383-Metre Tower in Chinese City of 1.8M People
A Hong Kong architecture firm today unveiled their plans for Nanning Logan Century, a 383-metre tower that would give Logan Property Group the tallest building in Guangxi province, and one of the biggest skyscrapers in China.
Hong Kong architecture firm Dennis… Read More>>
Blackstone Predicts More Chinese Investment in US Real Estate
Chinese became the biggest investors in US real estate last year, but the man in charge of Blackstone’s $80 billion in property assets believes that more is on the way.
Speaking at an investment conference in New York, Blackstone’s head… Read More>>
Swire and HKRI Rename Shanghai Nanjing Road Project as HKRI Taikoo Hui
Hong Kong real estate developers HKR International and Swire Properties have been preparing for more than nine years to change Shanghai’s downtown with a new commercial megacomplex in the heart of the city’s Nanjing Road shopping district.
But before they… Read More>>
4 Greater China Projects Reach Finals of ULI Awards for Excellence
Four out of twenty-two projects qualifying for the final round in an annual competition for the world’s finest real estate developments come from Greater China, with the mainland ranking behind only the US in the contest conducted by the Urban… Read More>>
Greater China Real Estate People in the News 2015-07-20
This week’s job changes among Greater China’s real estate professionals centre on Hong Kong and Singapore, with the mainland seeming to take a holiday from taking on new roles. In Singapore we have one shed specialist changing companies after 20… Read More>>
Moody’s Dings Evergrande for $839M in Chengdu Acquisitions
One of China’s most aggressive real estate developers took a HK$6.5 billion ($839 million) bet on the Chengdu market last week, and promptly saw its decision criticised by credit agency Moody’s Investors Services.
Evergrande Real Estate, which is run by… Read More>>
China Home Prices Rise for 3rd Straight Month
Average home prices rose for the third straight month in China during June, as the country’s consumers regain their appetite for real estate following a one year slowdown in the market.
The average price per square metre for new housing,… Read More>>
CIC Teams with AEW to Close on $1.44B European Mall Portfolio
China Investment Corporation (CIC) has joined with investment manager AEW Europe to acquire a fleet of 10 malls in France and Belgium from CBRE Global Investors for €1.3 billion ($1.44 billion).
The retail acquisition is believed to be the largest… Read More>>
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