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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>>>

Xu Jiayin Evergrande

Evergrande Profits Drop 23% as Debts Climb to $57B

Xu Jiayin Evergrande

2016/09/01 by Cheyenne Hollis Leave a Comment

Evergrande Real Estate’s core net profits fell by 23 percent in the first half of 2016 as an increase in revenue was unable to offset a range of higher costs. Total borrowings for China’s most highly levered developer jumped to… Read More>>

Evergrande Real Estate’s core net profits fell by 23 percent in the first half of 2016 as an increase in revenue was … Read more>>>

Li Ka-shing

Li Ka-Shing Could Make HK’s Biggest Property Deal With $4.5 Bil Sale of The Center

Li Ka-shing

2016/08/30 by Cheyenne Hollis Leave a Comment

Hong Kong’s richest man could make the city’s biggest property sale, thanks to the support of mainland investors hungry for properties in the Asian financial hub.

The Center office tower, the tallest building in the portfolio of Li Ka-shing’s Cheung… Read More>>

Hong Kong's richest man could make the city's biggest property sale, thanks to the support of mainland investors hungry … Read more>>>

Carlyle Central Plaza

Carlyle to Sell Shanghai’s Central Plaza to Vanke for $369 Mil

Carlyle Central Plaza

2016/08/30 by Cheyenne Hollis Leave a Comment

China Vanke plans to buy the Central Plaza office tower in Shanghai from Carlyle Group for RMB 2.46 billion ($368.94 million), according to media reports. Should the deal be completed it would be the third time the building has changed… Read More>>

China Vanke plans to buy the Central Plaza office tower in Shanghai from Carlyle Group for RMB 2.46 billion ($368.94 … Read more>>>

LaSalle Launches $1 Bil Asia Opportunity Fund

2016/08/27 by Cheyenne Hollis Leave a Comment

LaSalle Investment Management is looking to raise $750 million to $1 billion for its latest Asian investment fund, LaSalle Asia Opportunity Fund V (LAOF V), following the successful deployment of $485 million under the previous vehicle in the series of… Read More>>

LaSalle Investment Management is looking to raise $750 million to $1 billion for its latest Asian investment fund, … Read more>>>

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