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Li Ka-shing

Seven of Hong Kong’s Ten Richest People are Real Estate Developers and They Own Half the City

Li Ka-shing

2018/01/18 by Shawna Kwan Leave a Comment

Seven of Hong Kong’s ten wealthiest people and almost half of the city’s top billionaires made their fortunes in real estate, according to the latest annual ranking of the city’s 50 richest people by Forbes.

Thanks to a roaring real… Read More>>

Seven of Hong Kong’s ten wealthiest people and almost half of the city’s top billionaires made their fortunes in real … Read more>>>

Shailesh Goswami Foyr

JLL Leads $3.8M Funding Round in Proptech Startup Foyr

Shailesh Goswami Foyr

2018/01/18 by Greg Isaacson Leave a Comment

Global real estate consultancy JLL is taking another bet on proptech innovation by leading a $3.8 million Series A funding for 3D visualisation startup Foyr.

JLL is joined by other individual and non-institutional investors for the funding round in the… Read More>>

Global real estate consultancy JLL is taking another bet on proptech innovation by leading a $3.8 million Series A … Read more>>>

Xiong Lin Ziroom

Warburg Pincus, Sequoia and Tencent Lead RMB 4B Investment in Rental Housing Unicorn Ziroom

Xiong Lin Ziroom

2018/01/17 by Shawna Kwan Leave a Comment

Chinese rental apartment provider Ziroom has raised RMB 4 billion ($621 million) in a series A financing round — the largest amount secured by a rental housing firm in the country, according to an article published on its official Wechat… Read More>>

Chinese rental apartment provider Ziroom has raised RMB 4 billion ($621 million) in a series A financing round -- the … Read more>>>

Investor Tries for $25M Profit in 7 Months on Floor in HK’s World-Wide House

2018/01/17 by Shawna Kwan Leave a Comment

A floor in Central’s World-Wide House, one block away from Hong Kong’s Exchange Square, is reported to be open to tender with an asking price of HK$800 million ($102 million). The seller bought the property in July of last year,… Read More>>

A floor in Central’s World-Wide House, one block away from Hong Kong’s Exchange Square, is reported to be open to tender … Read more>>>

Deepak Parekh

GIC, KKR, OMERS Lead $1.75B Investment in India’s Largest Mortgage Lender

Deepak Parekh

2018/01/15 by Greg Isaacson Leave a Comment

Singapore’s sovereign wealth fund GIC is joining US private equity pioneer KKR and other global investors to take a $1.75 billion stake in India’s largest mortgage lender, as the South Asian nation gears up for a housing boom.

Mumbai-based Housing… Read More>>

Singapore's sovereign wealth fund GIC is joining US private equity pioneer KKR and other global investors to take a … Read more>>>

Adam Tan HNA

HNA Borrowing Cash From Sun Hung Kai for Kai Tak Projects

Adam Tan HNA

2018/01/15 by Shawna Kwan Leave a Comment

China’s HNA Group is in talks with leading Hong Kong developer Sun Hung Kai Properties for a loan to refinance its repayment liabilities in connection with its residential mega-project in the city’s Kai Tak area, according to a media report.

… Read More>>

China's HNA Group is in talks with leading Hong Kong developer Sun Hung Kai Properties for a loan to refinance its … Read more>>>

Tian Ming Landsea

Ping An Teams Up with Landsea for $1.5B China Rental Housing Fund

Tian Ming Landsea

2018/01/11 by Shawna Kwan Leave a Comment

China’s Ping An Insurance Group and Landsea Group have become the latest mainland investors to wager on the country’s emerging rental housing market, as steep home prices in major cities fuel enthusiasm for the asset class.

Ping An Real Estate,… Read More>>

China's Ping An Insurance Group and Landsea Group have become the latest mainland investors to wager on the country's … Read more>>>

Yang Guoqiang Country Garden

Country Garden and Longfor Raise $1.7B in Offshore Bonds

Yang Guoqiang Country Garden

2018/01/11 by Shawna Kwan Leave a Comment

Country Garden, China’s biggest developer by contracted sales, announced on Tuesday it would raise a combined $850 million through the issue of senior notes in two tranches. The move came just one day after fellow top-ten developer Longfor Properties announced… Read More>>

Country Garden, China’s biggest developer by contracted sales, announced on Tuesday it would raise a combined $850 … Read more>>>

Benett Theseira

BlackRock Buys Pair of Shanghai Office Buildings From PGIM for RMB 1.2B

Benett Theseira

2018/01/10 by Shawna Kwan Leave a Comment

PGIM Real Estate, a property investment affiliate of Prudential Financial, has sold two buildings at Waterfront Place, an office property in Shanghai’s Putuo District to Blackrock according to JLL which advised PGIM on the disposal.

The US alternative investment giant… Read More>>

PGIM Real Estate, a property investment affiliate of Prudential Financial, has sold two buildings at Waterfront Place, … Read more>>>

Goodwin Gaw

Gaw US Fund III Secures $100M in New Cash

Goodwin Gaw

2018/01/08 by Shawna Kwan Leave a Comment

Hong Kong-based private equity real estate fund manager Gaw Capital Partners has raised another $50 million for its Gaw US Fund III commingled fund, according to a report in West Coast property news site The Registry citing a board meeting… Read More>>

Hong Kong-based private equity real estate fund manager Gaw Capital Partners has raised another $50 million for its Gaw … Read more>>>

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