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CIC Dominates Outbound Deals as China Reins in Investors

2017/09/12 by Greg Isaacson Leave a Comment

As China clamps down on cross-border capital flows, sovereign wealth fund China Investment Corporation (CIC) has re-emerged this year as the country’s champion of overseas real estate investment. CIC now dominates the roster of mainland buyers of income-producing properties, with… Read More>>

As China clamps down on cross-border capital flows, sovereign wealth fund China Investment Corporation (CIC) has … Read more>>>

Lee Kok Sun of GIC

GIC Buys $1.4B Stake in Indian Office Developer

Lee Kok Sun of GIC

2017/08/27 by Greg Isaacson Leave a Comment

Singaporean sovereign wealth fund GIC is making a major bet on Indian real estate by purchasing a stake in a unit of DLF, India’s most valuable real estate developer, for 89 billion rupees (around $1.4 billion).

Through the… Read More>>

Singaporean sovereign wealth fund GIC is making a major bet on Indian real estate by purchasing a stake in a unit of … Read more>>>

Wang Jianlin Wanda

Wanda Flips Newly Purchased $605M London Site to R&F, CC Land

Wang Jianlin Wanda

2017/08/22 by Greg Isaacson Leave a Comment

Dalian Wanda Group today said that it no longer has possession of a £470 million London housing project, with sources familiar with the newly transferred property indicating that the Chinese developer has transferred the Nine Elms Square site to a… Read More>>

Dalian Wanda Group today said that it no longer has possession of a £470 million London housing project, with sources … Read more>>>

Wanda Wang Jianlin

Wanda Moves Forward With $605M London Deal Despite Govt Curbs

Wanda Wang Jianlin

2017/08/22 by Greg Isaacson 2 Comments

China’s clampdown on outbound investment hasn’t stopped Wanda Group from moving ahead with at least one overseas real estate project, as the Beijing-based conglomerate has completed its £470 million ($605.3 million) acquisition of Nine Elms Square in London.

Wanda has… Read More>>

China's clampdown on outbound investment hasn't stopped Wanda Group from moving ahead with at least one overseas real … Read more>>>

Jonathan Yap Ascendas-Singbridge

Ascendas-Singbridge Buys Downtown Sydney Tower for $200M

Jonathan Yap Ascendas-Singbridge

2017/08/21 by Greg Isaacson Leave a Comment

Singapore’s Ascendas-Singbridge is buying a landmark office tower in downtown Sydney for A$252 million ($200 million), marking its second office acquisition in Australia.

The state-backed commercial developer announced on Friday that it has agreed to acquire 66 Goulburn Street, a… Read More>>

Singapore's Ascendas-Singbridge is buying a landmark office tower in downtown Sydney for A$252 million ($200 million), … Read more>>>

Li Keqiang

China’s State Council Puts Outbound Real Estate Deals on Endangered List

Li Keqiang

2017/08/20 by Michael Cole Leave a Comment

China’s State Council issued new rules on Friday spelling out restrictions on overseas investments by Chinese entities, which specifically target transactions involving real estate, hotels and other areas where mainland companies have become dominant cross-border players over the past five… Read More>>

China’s State Council issued new rules on Friday spelling out restrictions on overseas investments by Chinese entities, … Read more>>>

Wang Jianlin Wanda

Wanda Selling Stakes in UK, US and Aussie Projects in $1B Restructuring

Wang Jianlin Wanda

2017/08/13 by Greg Isaacson Leave a Comment

Dalian Wanda Group is selling stakes in nearly $4.5 billion in real estate projects across the UK, US, China and Australia to a privately held company controlled by its chairman Wang Jianlin, according to an announcement to the Hong Kong… Read More>>

Dalian Wanda Group is selling stakes in nearly $4.5 billion in real estate projects across the UK, US, China and … Read more>>>

Goodwin Gaw

Gaw Capital Reportedly in Talks for $340M Manhattan Hotel

Goodwin Gaw

2017/08/10 by Greg Isaacson Leave a Comment

Hong Kong private equity shop Gaw Capital Partners is reported to be in talks to add a boutique New York hotel to its $8 billion global property portfolio. Sources told The New York Post that a Gaw-controlled fund is in… Read More>>

Hong Kong private equity shop Gaw Capital Partners is reported to be in talks to add a boutique New York hotel to its $8 … Read more>>>

Wanda Denies Reported Fire Sale of $1.5B in Aussie Projects

2017/08/09 by Greg Isaacson Leave a Comment

Dalian Wanda Group, China’s largest commercial property developer, has denied reports that it is seeking an exit from its two flagship Australian projects totalling $1.5 billion, amid a regulatory crackdown on overseas investment.

Sources told The Australian Financial Review that… Read More>>

Dalian Wanda Group, China's largest commercial property developer, has denied reports that it is seeking an exit from … Read more>>>

Wu Xiaohui

Anbang Denies Reports of Forced Sale of $10B Overseas Portfolio

Wu Xiaohui

2017/08/01 by Greg Isaacson Leave a Comment

Anbang Insurance chairman Wu Xiaohui may have disappeared into government detention in early June, but at least someone from the once high-flying Chinese insurer was available this week to deny reports of a forced sale of the company’s overseas holdings.

… Read More>>

Anbang Insurance chairman Wu Xiaohui may have disappeared into government detention in early June, but at least someone … Read more>>>

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