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Xu Jiayin Evergrande

Evergrande Expects Record 90% Jump in Core Profit for 2018

Xu Jiayin Evergrande

2019/03/07 by Jesus Alcocer Leave a Comment

Mainland developer China Evergrande Group said in an announcement to the Hong Kong stock exchange this week that it is likely to report a record 90 percent jump in core profit for 2018, thanks to an increase in the amount… Read More>>

Mainland developer China Evergrande Group said in an announcement to the Hong Kong stock exchange this week that it is … Read more>>>

don tan kailong

Exclusive – Kailong Reaches $500M Close of Greater China Real Estate Fund II

don tan kailong

2019/03/02 by Michael Cole Leave a Comment

Fund manager Kailong Real Estate Investment has reached a $500 million closing on KaiLong Greater China Real Estate Fund II, its latest US dollar value add fund, according to a senior executive of the Warburg Pincus-backed firm.

The company, which… Read More>>

Fund manager Kailong Real Estate Investment has reached a $500 million closing on KaiLong Greater China Real Estate Fund … Read more>>>

Danke CEO Gao Jing

Ant Financial, Tiger Global Lead $500M Funding Round for Beijing’s Danke Apartment

Danke CEO Gao Jing

2019/03/02 by Jan Kot Leave a Comment

Mainland China rental housing platform Danke Apartment announced on Friday that it has closed a $500 million funding round, co-led by existing investor Tiger Global Management and new backer Ant Financial — the e-payment and asset management giant controlled by… Read More>>

Mainland China rental housing platform Danke Apartment announced on Friday that it has closed a $500 million funding … Read more>>>

Jeong Young-chae

Korea’s NH Investment, ARA Team Up for $890M Seoul Office Buy

Jeong Young-chae

2019/02/28 by Jesus Alcocer Leave a Comment

A fund managed by Singapore’s ARA Asset Management has agreed to purchase the iconic Seoul Square building from KR1 CR REIT, a locally listed trust whose largest shareholder is a division of Singapore’s Keppel Capital.

The deal, which is said… Read More>>

A fund managed by Singapore's ARA Asset Management has agreed to purchase the iconic Seoul Square building from KR1 CR … Read more>>>

Yoan Kamalski

Sequoia-Backed Co-Living Operator Buys into Sydney Market

Yoan Kamalski

2019/02/28 by Jesus Alcocer Leave a Comment

Singapore-based co-living firm Hmlet announced on Monday that it has taken over Australian co-living operator Caper Co-living, just three months after raising $6.5 million in a Series A funding round led by Sequoia India.

Following the transaction, Hmlet intends to… Read More>>

Singapore-based co-living firm Hmlet announced on Monday that it has taken over Australian co-living operator Caper … Read more>>>

James Lim Capitaland

CapitaLand Announces $556M First Close of China Debt Fund

James Lim Capitaland

2019/02/28 by Jesus Alcocer Leave a Comment

CapitaLand announced today a $556 million first closing of its inaugural discretionary real estate debt fund, as Chinese property developers seek to refinance over $41 billion in debt during the first half of 2019.

The fund, named Credo 1, has… Read More>>

CapitaLand announced today a $556 million first closing of its inaugural discretionary real estate debt fund, as Chinese … Read more>>>

Zhejiang New Century

Ctrip, GreenTree Take Cornerstone Stakes in HK$1.4B Zhejiang New Century Hotel IPO

Zhejiang New Century

2019/02/27 by Jan Kot Leave a Comment

Chinese online travel giant Ctrip is subscribing for $32 million worth of shares in one of mainland China’s largest private hotel groups, Zhejiang New Century Hotel Management, ahead of the company’s upcoming Hong Kong IPO.

Ctrip, together with New York-listed… Read More>>

Chinese online travel giant Ctrip is subscribing for $32 million worth of shares in one of mainland China’s largest … Read more>>>

Ming Mei GLP THUMB

GLP Turns Loan Shark in Deal to Buy 10% of Developer Beijing Vantone for RMB 822M

Ming Mei GLP THUMB

2019/02/24 by Jan Kot Leave a Comment

Singapore-based warehouse operator Global Logistics Properties (GLP) has acquired a 10 percent stake in Beijing Vantone Real Estate Co Ltd for RMB 822 million ($122 million), according to a statement filed with the Shanghai stock exchange.

Under the terms of… Read More>>

Singapore-based warehouse operator Global Logistics Properties (GLP) has acquired a 10 percent stake in Beijing Vantone … Read more>>>

Lucas Lo Similan

Macau Investor Tries for 23% Mark-Up One Year After Buying on Sheung Wan Building

Lucas Lo Similan

2019/02/24 by Jesus Alcocer Leave a Comment

A consortium of Macao businesses is reportedly putting the Bonham Circus building in Sheung Wan on the market for HK$2.1 billion, a 23 percent premium over the price they paid for the property just one year ago.

Reports of an… Read More>>

A consortium of Macao businesses is reportedly putting the Bonham Circus building in Sheung Wan on the market for HK$2.1 … Read more>>>

charles ma greystar thumb

Greystar Announces $450M First Close of China Rental Housing Fund

charles ma greystar thumb

2019/02/19 by Michael Cole Leave a Comment

US apartment developer and operator Greystar Real Estate Partners announced late yesterday that a joint venture platform it established last year with a unit of Australia’s Macquarie Group had reached a $450 million first close of its first Asia rental… Read More>>

US apartment developer and operator Greystar Real Estate Partners announced late yesterday that a joint venture platform … Read more>>>

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