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Wang Jianlin Sun Hongbin Li Sze-Lim

R&F Buys 77 Wanda Hotels for $2.9B in Game of China’s Biggest Debtors

Wang Jianlin Sun Hongbin Li Sze-Lim

2017/07/21 by Greg Isaacson 2 Comments

China’s biggest-ever property deal has taken another twist, with Guangzhou’s R&F Properties suddenly stepping in to acquire 77 hotels from Dalian Wanda Group for RMB 19.9 billion ($2.9 billion).

The acquisition is the latest twist on a sale of Wanda’s… Read More>>

China's biggest-ever property deal has taken another twist, with Guangzhou's R&F Properties suddenly stepping in to … Read more>>>

Horsfield Naked Hub

naked Hub, JustGroup Merge to Create Asian Co-Working Powerhouse

Horsfield Naked Hub

2017/07/20 by Greg Isaacson Leave a Comment

naked Hub, the Chinese flexible office provider, is joining forces with Singapore’s JustGroup to create Asia’s leading operator of high-end co-working space and compete with US giant WeWork, the companies announced Tuesday.

The merger of the two shared office players… Read More>>

naked Hub, the Chinese flexible office provider, is joining forces with Singapore's JustGroup to create Asia's leading … Read more>>>

Evergrande Xu Jiayin

Chinese Estates Buys $1B Stake in Mainland Development Giant Evergrande

Evergrande Xu Jiayin

2017/07/20 by Greg Isaacson Leave a Comment

Hong Kong developer Chinese Estates Holdings has deepened its longstanding ties with China Evergrande, revealing it has acquired a five percent stake in the mainland’s largest homebuilder since April for a total price of HK$8.1 billion ($1.04 billion).

The news… Read More>>

Hong Kong developer Chinese Estates Holdings has deepened its longstanding ties with China Evergrande, revealing it has … Read more>>>

tephen Schwarzma

Blackstone Said in Talks to Buy $525M Indian Property Fund

tephen Schwarzma

2017/07/17 by Greg Isaacson Leave a Comment

Blackstone Group is reportedly in talks to acquire a $525 million India real estate fund, adding to the US private equity giant’s $3 billion of property investments in the country. The New York-based company is looking to buy ILFS India… Read More>>

Blackstone Group is reportedly in talks to acquire a $525 million India real estate fund, adding to the US private … Read more>>>

Wang Jianlin Wanda

Wanda Sells 13 Theme Parks and 76 Hotels to Sunac for $9.3B

Wang Jianlin Wanda

2017/07/11 by Greg Isaacson Leave a Comment

Less than one year ago, Wang Jianlin’s Wanda Group paid $4.4 billion to privatise its Hong Kong-listed developer, Wanda Commercial Properties, in the biggest share buy-back ever on the city’s stock exchange.

While the billionaire property developer still hopes to… Read More>>

Less than one year ago, Wang Jianlin's Wanda Group paid $4.4 billion to privatise its Hong Kong-listed developer, Wanda … Read more>>>

Wang Jianlin

Wanda Declares 12.4% Revenue Growth in 1H After Disastrous 2016

Wang Jianlin

2017/07/10 by Greg Isaacson Leave a Comment

China’s biggest commercial property developer has made headlines around the world as it builds up a sprawling retail empire and snaps up overseas assets from cinema chains to sports firms. Questions were raised, however, about the sustainability of this aggressive… Read More>>

China's biggest commercial property developer has made headlines around the world as it builds up a sprawling retail … Read more>>>

MIguel Ko Ascendas

Ascendas-Singbridge Sells Korean Office Project to IGIS for $635M

MIguel Ko Ascendas

2017/07/06 by Greg Isaacson Leave a Comment

With backing from the country’s biggest pension fund, South Korea’s largest real estate fund manager has bought a $635 million prime office property in central Seoul from a fund controlled by Singaporean developer Ascendas-Singbridge, according to an announcement this week… Read More>>

With backing from the country's biggest pension fund, South Korea's largest real estate fund manager has bought a $635 … Read more>>>

Champion REIT Looks to Sell Langham Place Office Tower as HK Market Surges

2017/07/05 by Greg Isaacson Leave a Comment

Champion REIT, a listed trust sponsored by Hong Kong developer Great Eagle, is testing buyer interest in the HK$8.5 billion ($1.1 billion) Langham Place office tower in Mong Kok, as a flurry of major deals drives record-high property values in… Read More>>

Champion REIT, a listed trust sponsored by Hong Kong developer Great Eagle, is testing buyer interest in the HK$8.5 … Read more>>>

Lynette Leong, CEO of CapitaLand Commercial Trust Management Limited

CapitaLand Commercial Trust Sells Wilkie Edge in Singapore for $203M

Lynette Leong, CEO of CapitaLand Commercial Trust Management Limited

2017/07/04 by Greg Isaacson Leave a Comment

CapitaLand’s commercial REIT is selling a mixed-use development in central Singapore for S$280 million ($202.7 million), in a signal that the city-state’s sluggish commercial property market may be picking up.

CapitaLand Commercial Trust (CCT), a real estate investment trust managed… Read More>>

CapitaLand's commercial REIT is selling a mixed-use development in central Singapore for S$280 million ($202.7 million), … Read more>>>

David Schaefer

AEW Reveals $226M Deal for CapitaLand’s Shanghai Office Tower

David Schaefer

2017/06/29 by Greg Isaacson Leave a Comment

AEW Capital Management has been revealed as the buyer behind a recent $226 million (RMB 1.5 billion) deal for Shanghai’s Innov Tower, it was reported today. The Boston-based real estate private equity firm picked up the fully leased office tower… Read More>>

AEW Capital Management has been revealed as the buyer behind a recent $226 million (RMB 1.5 billion) deal for Shanghai's … Read more>>>

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