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Jia Yueting LeEco

LeEco Unit Faces Friday Shut Down in Hong Kong After Missing $1.3M in Rent

Jia Yueting LeEco

2018/03/14 by Shawna Kwan Leave a Comment

Mainland media magnate Jia Yueting’s LeEco may be about to suffer another setback in its battle to climb out of a RMB 16.8 billion ($2.7 billion) debt hole, as a Hong Kong online streaming unit of the Beijing-based conglomerate is… Read More>>

Mainland media magnate Jia Yueting’s LeEco may be about to suffer another setback in its battle to climb out of a RMB … Read more>>>

Sun Hongbing

Sunac Buys Out Pair of HNA Hainan Projects for $300M as Fire Sale Rages

Sun Hongbing

2018/03/13 by Shawna Kwan Leave a Comment

Chinese tycoon Sun Hongbin, who bailed out Wanda Group last year, is coming to the aid of a struggling mainland developer again. HNA Infrastructure Investment Group, a listed subsidiary of embattled HNA Group, said in two separate filings to the… Read More>>

Chinese tycoon Sun Hongbin, who bailed out Wanda Group last year, is coming to the aid of a struggling mainland … Read more>>>

Chen Feng HNA

Indebted HNA Teams Up with JLL Amid Restructuring Drive

Chen Feng HNA

2018/03/13 by Greg Isaacson Leave a Comment

Global real estate consultancy JLL is teaming up with HNA Group to advise the conglomerate on “sound investments,” as the indebted Chinese firm looks to sell up to $6 billion in overseas real estate assets.

The strategic partnership – announced… Read More>>

Global real estate consultancy JLL is teaming up with HNA Group to advise the conglomerate on “sound investments,” as … Read more>>>

Chen Guo

HNA Group Restructures Hotel Businesses, Plans Sale of Stake in 2nd Hilton Spin-Off

Chen Guo

2018/03/12 by Shawna Kwan Leave a Comment

Hainan Airlines, the flagship carrier of HNA Group, will take over the group’s hotel business as part of an asset restructuring by the troubled Chinese conglomerate. Hainan Airlines announced in a filing to the Shanghai Stock Exchange that it would… Read More>>

Hainan Airlines, the flagship carrier of HNA Group, will take over the group’s hotel business as part of an asset … Read more>>>

HNA Chen Feng

HNA Group Sells Kai Tak Site to Hong Kong’s Wheelock for $811M

HNA Chen Feng

2018/03/11 by Shawna Kwan Leave a Comment

Cash-strapped HNA has grabbed another lifeline from a Hong Kong developer to help crawl its way out of debts estimated at $100 billion. In the latest attempt to bail out its balance sheet, the Hainan-based conglomerate agreed to sell one… Read More>>

Cash-strapped HNA has grabbed another lifeline from a Hong Kong developer to help crawl its way out of debts estimated … Read more>>>

Nicolas Moreau Deutsche AM

Deutsche AM Sells Dalian Office Tower to China Life

Nicolas Moreau Deutsche AM

2018/03/10 by Greg Isaacson Leave a Comment

Deutsche Asset Management has sold Xiwang Tower, a grade A office building in the northeastern Chinese city of Dalian, to mainland financial services giant China Life. The asset management arm of Deutsche Bank disposed of the 40-storey, grade A tower… Read More>>

Deutsche Asset Management has sold Xiwang Tower, a grade A office building in the northeastern Chinese city of Dalian, … Read more>>>

John Lim ara

ARA Pays $317M to Add Australia’s Cromwell Property to Global Footprint

John Lim ara

2018/03/09 by Shawna Kwan Leave a Comment

Singapore-based real estate fund manager ARA Asset Management is continuing a global growth strategy by acquiring a 19.5 percent stake in an Aussie real estate investment manager, just a week after announcing a new platform for investments in Europe.

The… Read More>>

Singapore-based real estate fund manager ARA Asset Management is continuing a global growth strategy by acquiring a 19.5 … Read more>>>

Jennifer Zhang naked Group

Naked Group Hires Gaw Veteran to Build Real Estate Fund Management Biz – Exclusive

Jennifer Zhang naked Group

2018/03/07 by Greg Isaacson 2 Comments

Premium co-working and resort operator naked Group is venturing into the fund management business by hiring a Gaw Capital veteran to head up a new investment team, the Shanghai-based start-up has revealed to Mingtiandi.

Jennifer Zhang has joined the firm… Read More>>

Premium co-working and resort operator naked Group is venturing into the fund management business by hiring a Gaw … Read more>>>

Sunac Nova Fund

Warburg Pincus-Backed Nova Teams with Sunac for $3B Mainland Redevelopment Fund

Sunac Nova Fund

2018/03/06 by Shawna Kwan Leave a Comment

One of China’s ten biggest developers is joining hands with a property management firm co-founded by US private equity giant Warburg Pincus in a RMB 20 billion ($3.2 billion) bet on redevelopment of commercial properties in China, as the country’s… Read More>>

One of China's ten biggest developers is joining hands with a property management firm co-founded by US private equity … Read more>>>

Wanda Wang Jianlin

Wanda Drops Property From Company Name as Wang Moves Away From Development

Wanda Wang Jianlin

2018/03/06 by Shawna Kwan Leave a Comment

Dalian Wanda Commercial Properties Co has officially changed its name to Wanda Commercial Management Group to “implement the company’s development strategy,” the firm said in a recent filing to the Shanghai Stock Exchange in accordance with bond regulations.

Wanda revealed that… Read More>>

Dalian Wanda Commercial Properties Co has officially changed its name to Wanda Commercial Management Group to “implement … Read more>>>

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