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Humbert-Pang gaw

Gaw, Quadreal Buy Shanghai’s Ocean Towers From ARA for RMB 3B

Humbert-Pang gaw

2018/11/30 by Michael Cole Leave a Comment

Gaw Capital Partners announced today that the private equity firm, through a fund under its management and in league with partners including British Columbia’s QuadReal Property Group, have acquired the Ocean Towers office building in Shanghai.

The consortium purchased the… Read More>>

Gaw Capital Partners announced today that the private equity firm, through a fund under its management and in league … Read more>>>

Link Asset Management CEO George Hongchoy

Link REIT Buys Beijing Shopping Centre from ARA Fund for RMB 2.56B

Link Asset Management CEO George Hongchoy

2018/11/27 by Michael Cole Leave a Comment

Link Asset Management Limited, the manager of Hong Kong’s Link Real Estate Investment Trust, announced today its acquisition of Beijing Jingtong Roosevelt Plaza, a recently completed shopping centre in Beijing’s suburban Tongzhou district for RMB 2.56 billion ($369 million).

The… Read More>>

Link Asset Management Limited, the manager of Hong Kong’s Link Real Estate Investment Trust, announced today its … Read more>>>

Cai Xinyi, Daughter of Longfor Founder, Now China’s Youngest Billionaire With $7.2B Fortune

2018/11/25 by Emma Zhou Leave a Comment

China has a new entry on the list of the world’s youngest billionaires as the twenty-something daughter of Longfor Properties founder Wu Yajun just saw her personal net-worth jump by HK$56 billion ($7.17 billion).

Cai Xinyi, daughter of Wu Yajun… Read More>>

China has a new entry on the list of the world’s youngest billionaires as the twenty-something daughter of Longfor … Read more>>>

chen feng hna

China’s HNA Real Estate Takes Real Estate Out of Its Name

chen feng hna

2018/11/21 by Emma Zhou Leave a Comment

HNA Real Estate Holdings has been having a close-out sale of some of its biggest assets this year, but now the property division of China’s best-known, and most-indebted, aviation conglomerate is going a step further by taking the words real… Read More>>

HNA Real Estate Holdings has been having a close-out sale of some of its biggest assets this year, but now the property … Read more>>>

Xu Jiayin Evergrande

China Evergrande Tests the “Too Big to Fail” Hypothesis With $1B Bond Sale at 11%

Xu Jiayin Evergrande

2018/11/20 by Jan Kot Leave a Comment

Debt-laden developer China Evergrande announced on Monday that it had sold $1 billion in senior notes due in 2020, with the new paper carrying 11 percent interest rates.

The company said that the fresh tranche of bonds, which were issued… Read More>>

Debt-laden developer China Evergrande announced on Monday that it had sold $1 billion in senior notes due in 2020, with … Read more>>>

Kong Peng CIFI

Top 20 Mainland Developer CIFI Holdings Said Laying Off 8% of Staff Amid Market Slide

Kong Peng CIFI

2018/11/19 by Jan Kot 1 Comment

China’s sixteenth largest property developer by sales CIFI Holdings will cut up to eight percent of its workforce, according to a report on Friday in mainland news site thepaper.cn, as the developer fights for profitability amid China’s real estate slowdown.

… Read More>>

China’s sixteenth largest property developer by sales CIFI Holdings will cut up to eight percent of its workforce, … Read more>>>

Jin Yuanying Alibaba

Alibaba Co-Founders Buy Hong Kong Homes for $71.5M

Jin Yuanying Alibaba

2018/11/19 by Emma Zhou Leave a Comment

Two co-founders of mainland e-commerce giant Alibaba Group are reported to have purchased a pair of luxury apartments in a posh part of Hong Kong’s southern district for a total of HK$560 million ($71.5 million), according to an account in… Read More>>

Two co-founders of mainland e-commerce giant Alibaba Group are reported to have purchased a pair of luxury apartments in … Read more>>>

Wang Yao GICL

Hong Kong Home Sells for $23,000 Per Square Foot to Set New Asia Record

Wang Yao GICL

2018/11/18 by Emma Zhou Leave a Comment

A house in southern Hong Kong island was sold recently for a record-high price of HK$180,000 ($22,985) per square foot, topping the list of Hong Kong’s most expensive homes ever purchased, according to a report in the city’s Apple Daily.

… Read More>>

A house in southern Hong Kong island was sold recently for a record-high price of HK$180,000 ($22,985) per square foot, … Read more>>>

Hmlet Kamalski

Sequoia Leads $6.5M Series A Investment in SG Co-living Platform Hmlet

Hmlet Kamalski

2018/11/18 by Emma Zhou Leave a Comment

Singapore-based co-living platform Hmlet last week announced that it has raised $6.5 million in a series A round led by Sequoia India, the India affiliate of US venture capital giant Sequoia Capital.

The co-living startup, which has 13 locations in… Read More>>

Singapore-based co-living platform Hmlet last week announced that it has raised $6.5 million in a series A round led by … Read more>>>

JP Morgan Chase

JP Morgan Chase Builds 11% Stake in China Vanke

JP Morgan Chase

2018/11/13 by Emma Zhou Leave a Comment

According to information from the Hong Kong stock exchange, JP Morgan Chase & Co used a flurry of share trades to build its stake in China Vanke, the third largest real estate developer in China, to 11.13 percent as of… Read More>>

According to information from the Hong Kong stock exchange, JP Morgan Chase & Co used a flurry of share trades to … Read more>>>

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