US private equity giant Blackstone made the latest acquisition of China real estate assets by a global finance firm this week when it agreed to buy a 40 percent stake in mall developer SZITIC Commercial Property Co, which is now… Read More>>
China’s real estate companies have captured major headlines for expanding geographically into global real estate markets, and now the country’s biggest developer, China Vanke, is expanding into the finance sector with a $442 million investment into a bank IPO.
Last… Read More>>
The richest guy in Asia is bearish on China, and is now more than a billion dollars wealthier because of it.
Hong Kong billionaire Li Ka-Shing has disposed of his third major real estate asset in Greater China within the… Read More>>
According to local media reports, a fund belonging to Singaporean property firm Ascendas is selling the Cross Tower in downtown Shanghai for approximately RMB 1.67 billion.
The buyer for the 24-storey commercial property is reported to be Hong Kong-based private… Read More>>