Asia real estate and outbound investment news
Logan Group has become the latest defaulting Chinese developer to get socked with a winding-up petition, with a unit of banking giant Citigroup taking action against the builder and a pair of subsidiaries in two separate courts.
On 4 November,… Read More>>
Logan Group has become the latest defaulting Chinese developer to get socked with a winding-up petition, with a unit of … Read more>>>
CSI Properties has agreed to sell the retail podium of its residential tower in the New Territories for HK$440 million ($56 million), an executive from the Hong Kong-listed developer confirmed to Mingtiandi.
The unnamed buyer – a local family office,… Read More>>
CSI Properties has agreed to sell the retail podium of its residential tower in the New Territories for HK$440 million … Read more>>>
Late September’s news that the Goldin Financial Global Centre had finally sold after a two-year struggle for the Hong Kong office tower appears to have been premature, according to local media reports of a new legal case involving the property.
Late September’s news that the Goldin Financial Global Centre had finally sold after a two-year struggle for the Hong … Read more>>>
China Evergrande Group shared some more bad news on Sunday when it announced a loss of approximately $770 million on a project in Hong Kong’s New Territories.
The troubled developer’s latest financial failure is a result of receivers appointed by… Read More>>
China Evergrande Group shared some more bad news on Sunday when it announced a loss of approximately $770 million on a … Read more>>>
An opportunistic fund managed by LaSalle Investment Management is acquiring a building in Shanghai’s Yangpu district from Landsea Green Management Limited for RMB 253 million ($35.2 million), with market sources expecting the US firm to renovate the property for use… Read More>>
An opportunistic fund managed by LaSalle Investment Management is acquiring a building in Shanghai’s Yangpu district … Read more>>>
Evergrande’s credit crisis is denting the personal fortune of its founder Xu Jiayin, with local records in Hong Kong showing that a HK$700M ($89 million) mansion on Hong Kong’s Peak previously owned by a company controlled by the property billionaire… Read More>>
Evergrande’s credit crisis is denting the personal fortune of its founder Xu Jiayin, with local records in Hong Kong … Read more>>>
CapitaLand Investment continues to demonstrate its ability to raise funds domestically in China, teaming up with 10 local investors to establish RMB 4 billion ($550 million) in new renminbi-denominated vehicles, according to an announcement on Thursday.
CapitaLand’s new renminbi funds… Read More>>
CapitaLand Investment continues to demonstrate its ability to raise funds domestically in China, teaming up with 10 … Read more>>>
US developer Hines is going deeper into Asia Pacific’s build-to-rent sector through a partnership with Canadian pension manager Cadillac Fairview targeting A$1.5 billion ($960 million) worth of rental homes in Australia, according to a press release Wednesday.
The joint venture… Read More>>
US developer Hines is going deeper into Asia Pacific’s build-to-rent sector through a partnership with Canadian pension … Read more>>>
Top fund managers continue to snatch up properties to expand self-storage businesses in Asia’s biggest markets, with Warburg Pincus-backed Storhub having expanded its holdings in a Hong Kong industrial building for the second time in two months and the third… Read More>>
Top fund managers continue to snatch up properties to expand self-storage businesses in Asia’s biggest markets, with … Read more>>>
A joint venture between Dutch pension fund manager APG Asset Management and Singapore healthcare-focused private equity firm CBC Group has made its third investment within four months by picking up an industrial site in western Shanghai’s Qingpu district.
CBC Healthcare… Read More>>
A joint venture between Dutch pension fund manager APG Asset Management and Singapore healthcare-focused private equity … Read more>>>
