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Evergrande Xu Jiayin

Evergrande Asset Swap Opens Back Door to Mainland Listing

Evergrande Xu Jiayin

2016/10/04 by Michael Cole Leave a Comment

China Evergrande Real Estate appears to have grabbed an opportunity to enter the lucrative mainland share market through a backdoor listing on the Shenzhen stock exchange, following a series of announcements to the Hong Kong stock exchange this week.

The… Read More>>

China Evergrande Real Estate appears to have grabbed an opportunity to enter the lucrative mainland share market through … Read more>>>

Jackie Chan Evergrande Spring

Evergrande Dumps Money-Losing Consumer Businesses to Refocus on Real Estate

Jackie Chan Evergrande Spring

2016/09/29 by Cheyenne Hollis Leave a Comment

With debt obligations sitting at RMB 381.3 billion ($57 billion) as of the end of June, Evergrande Group has dumped its money-losing agribusiness, dairy and spring water divisions as Xu Jiayin’s dreams of branching out from real estate into consumer… Read More>>

With debt obligations sitting at RMB 381.3 billion ($57 billion) as of the end of June, Evergrande Group has dumped its … Read more>>>

Sunac Sun Hongbin

Sunac China Agrees to Buy 42 Projects from Legend Holdings for $2.1B

Sunac Sun Hongbin

2016/09/19 by Michael Cole Leave a Comment

Sunac China has agreed to buy substantial stakes in 42 real estate projects from investment firm Legend Holdings for RMB 13.7 billion ($2.1 billion) as the developer controlled by tycoon Sun Hongbin takes another swing at joining the big leagues… Read More>>

Sunac China has agreed to buy substantial stakes in 42 real estate projects from investment firm Legend Holdings for RMB … Read more>>>

Capital Square Singapore

ARA Said Buying 50% Stake in SG’s Capital Square From Alpha

Capital Square Singapore

2016/09/17 by Michael Cole

ARA Asset Management is said to have won its bid to purchase a 50 percent stake in Singapore’s Capital Square from Alpha Investment Partners, according to an account in Bloomberg.

No transaction price was disclosed for the 16-story building at… Read More>>

ARA Asset Management is said to have won its bid to purchase a 50 percent stake in Singapore’s Capital Square from Alpha … Read more>>>

Henry Cheng Chongbang

Chongbang Buys Out Keppel and Alpha Stake in Shanghai Complex for $517M

Henry Cheng Chongbang

2016/09/17 by Michael Cole Leave a Comment

Shanghai-based Chongbang Group has agreed to pay Keppel Land China and Alpha Investment Partners a combined $516.9 million to buy back an 80 percent stake held by the two Singaporean investors in the Life Hub@Jinqiao project in Shanghai’s Pudong District…. Read More>>

Shanghai-based Chongbang Group has agreed to pay Keppel Land China and Alpha Investment Partners a combined $516.9 … Read more>>>

Lee Shau-Kee Henderson

Henderson Land Sells Golden Centre in Hong Kong for $563M

Lee Shau-Kee Henderson

2016/09/16 by Michael Cole Leave a Comment

Henderson Land has agreed to sell Golden Centre in Hong Kong’s Sheung Wan district to an undisclosed buyer for HK$4.4 billion ($563 million) according to a statement by the real estate developer to the Hong Kong stock exchange.

While Henderson… Read More>>

Henderson Land has agreed to sell Golden Centre in Hong Kong’s Sheung Wan district to an undisclosed buyer for HK$4.4 … Read more>>>

Tsinghua Schwarzman

Blackstone Deepens China Ties with Tsinghua Scholarship Program

Tsinghua Schwarzman

2016/09/14 by Greg Isaacson Leave a Comment

Private equity billionaire Stephen A Schwarzman, whose Blackstone Group has been an aggressive investor in China, last weekend marked the start of a new $435 million elite scholarship program at Beijing’s Tsinghua University campus. Schwarzman Scholars welcomed its inaugural class… Read More>>

Private equity billionaire Stephen A Schwarzman, whose Blackstone Group has been an aggressive investor in China, last … Read more>>>

Kwun Tong View

Prosperity REIT Acquires Kowloon Tower From Phoenix for HK$1.9B

Kwun Tong View

2016/09/13 by Michael Cole Leave a Comment

Prosperity REIT has agreed to acquire a 24-storey commercial building in Kowloon’s Kwun Tong area from Phoenix Property Investors, as the two property investment specialists continue to cash in on demand for office space in developing districts of Hong Kong.

… Read More>>

Prosperity REIT has agreed to acquire a 24-storey commercial building in Kowloon’s Kwun Tong area from Phoenix Property … Read more>>>

Sam Zell ESR

Sam Zell Re-Ups with ESR – Puts $205M into Japan Warehouse Projects

Sam Zell ESR

2016/09/12 by Michael Cole Leave a Comment

Sam Zell thinks Asia needs more warehouses, and the Chicago-based real estate magnate has just closed on his first Asian-focused fund, with the objective of profiting from development and operation of new logistics facilities in Japan.

Zell’s Equity International, which… Read More>>

Sam Zell thinks Asia needs more warehouses, and the Chicago-based real estate magnate has just closed on his first … Read more>>>

Wu Xiaohui Huai'an

Anbang is Headed for an IPO, But Are We Sure Who Owns It?

Wu Xiaohui Huai'an

2016/09/05 by Michael Cole Leave a Comment

Anbang Insurance, the Chinese company that burst on stage in late 2014 with its $1.95 billion acquisition of the Waldorf Astoria, is headed for a Hong Kong stock market listing as early as the middle of next year. While the… Read More>>

Anbang Insurance, the Chinese company that burst on stage in late 2014 with its $1.95 billion acquisition of the Waldorf … Read more>>>

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