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Heng De Logistics EC REIT

Mainland Developer Forchn Launches $954M SG REIT

Heng De Logistics EC REIT

2016/07/26 by Cheyenne Hollis Leave a Comment

China-based EC World REIT launched on Singapore’s stock exchange last week, becoming the first initial public offering on the city’s mainboard this year. The REIT, which is sponsored by Shanghai-based industrial conglomerate Forchn, features a portfolio of six properties in… Read More>>

China-based EC World REIT launched on Singapore’s stock exchange last week, becoming the first initial public offering … Read more>>>

Wanda Paramount

Wanda Says Will Triple Entertainment Revenue to $22B by 2020

Wanda Paramount

2016/07/26 by Andrew Esqueda Leave a Comment

Dalian Wanda Group has spent nearly $16 billion buying up movie production houses, theatre chains and sports marketing companies this year, but the transformation of China’s biggest mall owner into a global entertainment empire may not be finished yet.

As… Read More>>

Dalian Wanda Group has spent nearly $16 billion buying up movie production houses, theatre chains and sports marketing … Read more>>>

Wu Xiaohui Anbang

Anbang Sales Rise 5x in June Despite China Insurance Crackdown

Wu Xiaohui Anbang

2016/07/25 by Michael Cole Leave a Comment

Beijing-based Anbang Insurance, which failed in a $14 billion bid to buy Starwood Hotels and Resorts this year, continued to draw attention in China’s financial world this month after new figures showed that the company controlled by entrepreneur Wu Xiaohui… Read More>>

Beijing-based Anbang Insurance, which failed in a $14 billion bid to buy Starwood Hotels and Resorts this year, … Read more>>>

Keppel data centres

Keppel Reaches First Closings Worth $410M for New Real Estate Funds

Keppel data centres

2016/07/25 by Michael Cole Leave a Comment

Singapore’s Keppel Capital achieved a pair of fund-raising milestones this past week as the company’s real estate investment management subsidiary, Alpha Investment Partners, reached first closings worth a combined $410 million for a pair of closed-end property funds.

Alpha brought… Read More>>

Singapore’s Keppel Capital achieved a pair of fund-raising milestones this past week as the company’s real estate … Read more>>>

Xiang Junbo CSRC

CSRC Warns Against Using Insurers as ATMs in Vanke Battle

Xiang Junbo CSRC

2016/07/24 by Michael Cole Leave a Comment

China’s securities regulator has sent formal notices to both China Vanke and its unwanted suitor, Baoneng Group, for violations related to the ongoing takeover battle for the mainland’s biggest property developer.

Just days after Vanke chairman Wang Shi had called… Read More>>

China’s securities regulator has sent formal notices to both China Vanke and its unwanted suitor, Baoneng Group, for … Read more>>>

SCP Blackstone

Vanke Confirms $1.9B Deal to Buy Blackstone Real Estate Assets

SCP Blackstone

2016/07/21 by Michael Cole Leave a Comment

China Vanke today confirmed a $1.9 billion deal with Blackstone Group to purchase unspecified real estate companies from funds managed by the world’s largest alternative investment manager.

The mainland developer, which was China’s biggest by sales in 2015, made the… Read More>>

China Vanke today confirmed a $1.9 billion deal with Blackstone Group to purchase unspecified real estate companies from … Read more>>>

Chen Hongtian

Mainland Billionaire Spends $580M to Add One Harbourgate to HK Portfolio

Chen Hongtian

2016/07/19 by Michael Cole Leave a Comment

A Chinese property investor who spent HK$2.1 billion ($271 million) in June to acquire Hong Kong’s most expensive home has added to his portfolio in the city with the HK$4.5 billion ($580 million) purchase of the east tower in Wheelock… Read More>>

A Chinese property investor who spent HK$2.1 billion ($271 million) in June to acquire Hong Kong’s most expensive home … Read more>>>

China Vanke's Wang Shi

How China Resources Funded Baoneng’s Attempted Takeover of Vanke

China Vanke's Wang Shi

2016/07/13 by Michael Cole 1 Comment

A brief calm in the ongoing battle between Vanke founder Wang Shi and the company’s largest shareholder, Baoneng Group, was broken today when an independent member of the Chinese developer’s board confirmed that Baoneng’s Vanke share purchases had been funded… Read More>>

A brief calm in the ongoing battle between Vanke founder Wang Shi and the company’s largest shareholder, Baoneng Group, … Read more>>>

Liping Zhang Blackstone

Blackstone May Sell $1.9B in China Assets to Vanke-Led Fund

Liping Zhang Blackstone

2016/07/12 by Michael Cole 1 Comment

China’s biggest developer is in talks to buy RMB 12.9 billion ($1.9 billion) in commercial property from an unspecified seller, which appears to be America’s biggest landlord, following a statement today from China Vanke regarding deal discussions.

The property firm… Read More>>

China’s biggest developer is in talks to buy RMB 12.9 billion ($1.9 billion) in commercial property from an unspecified … Read more>>>

wang-jianlin

Wanda Revenues Climb 10% Following Overseas Acquisition Spree

wang-jianlin

2016/07/10 by Andrew Esqueda 3 Comments

Dalian Wanda Group reported a 10.6 percent increase in revenue to RMB 119.9 billion ($18 billion) for the first half of 2016, outperforming expectations of flat growth. The conglomerate controlled by billionaire Wang Jianlin saw its revenues rise thanks largely… Read More>>

Dalian Wanda Group reported a 10.6 percent increase in revenue to RMB 119.9 billion ($18 billion) for the first half of … Read more>>>

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