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China Oceanwide Acquires Genworth Financial in $2.7B Deal, Continues US Push

2016/10/24 by Cheyenne Hollis Leave a Comment

China Oceanwide Holdings continued its US acquisition spree by buying mortgage and life insurance firm Genworth Financial for $2.7 billion. The deal, which is subject to regulatory approval, will see the Beijing-based developer put up an additional $1.12 billion towards… Read More>>

China Oceanwide Holdings continued its US acquisition spree by buying mortgage and life insurance firm Genworth … Read more>>>

China Life Acquires $2B Stake In US Hotels From Starwood Capital

2016/10/19 by Cheyenne Hollis Leave a Comment

China Life Insurance has followed through on its promise to ramp up outbound real estate investment efforts by acquiring a $2 billion stake in a portfolio of US hotels from Starwood Capital Group.

According to a statement by Starwood Capital to NASDAQ,… Read More>>

China Life Insurance has followed through on its promise to ramp up outbound real estate investment efforts by acquiring … Read more>>>

NYC Draws 80% of Chinese Cash as Mainlanders Pour $5.1B into US Real Estate

2016/10/19 by Cheyenne Hollis Leave a Comment

Maybe it’s the Donald Trump factor. Maybe it’s the Broadway shows. Whatever the reason, Chinese investors continue to be drawn to New York City, spending $4.1 billion on real estate assets in the Big Apple during the first half of… Read More>>

Maybe it's the Donald Trump factor. Maybe it's the Broadway shows. Whatever the reason, Chinese investors continue to be … Read more>>>

James Packer China

APAC Casino Developers on Notice As Chinese Cops Detain 18 Packer Executives

James Packer China

2016/10/18 by Cheyenne Hollis Leave a Comment

China cracked down on James Packer’s Crown Resorts detaining 18 employees working for the billionaire’s mainland team. The Australian gaming magnate, who owns casinos in Macau and the Philippines, as well as in his home country, is estimated to have lost… Read More>>

China cracked down on James Packer's Crown Resorts detaining 18 employees working for the billionaire’s mainland … Read more>>>

WeWork Asia

Strange Bedfellows? Shanghai’s Jin Jiang Hotels Leads $260M WeWork Investment

WeWork Asia

2016/10/17 by Cheyenne Hollis 1 Comment

In some ways, hotels and co-working spaces are a lot alike. Both feature a transient clientele base that may need space for a single day or indefinitely, but don’t want anything too permanent. Both attract people from all walks of… Read More>>

In some ways, hotels and co-working spaces are a lot alike. Both feature a transient clientele base that may need space … Read more>>>

Hyatt Regency Waikiki

South Korea’s Mirae Splashes Out $756M to Buy Waikiki Resort From Blackstone

Hyatt Regency Waikiki

2016/10/15 by Cheyenne Hollis Leave a Comment

Hyatt Regency Waikiki Beach Resort & Spa is known for offering guests views of Hawaii’s pristine blue ocean waters, and the resort’s new owners, Mirae Asset, are hoping to see another color — green.

The South Korean financial services firm… Read More>>

Hyatt Regency Waikiki Beach Resort & Spa is known for offering guests views of Hawaii’s pristine blue ocean waters, … Read more>>>

Gaw Capital Forms $151M Fund Targeting Aussie Industrial Assets

2016/10/15 by Cheyenne Hollis Leave a Comment

With property markets in Melbourne and Sydney looking as if they have peaked, Gaw Capital decided to go in another direction. The Hong Kong-based firm is teaming up with Abacus Property Group for an A$200 million ($151.5 million) opportunistic investment… Read More>>

With property markets in Melbourne and Sydney looking as if they have peaked, Gaw Capital decided to go in another … Read more>>>

Gary Chan GEMA

Shanghai Investors Team Up to Buy 61-Unit NYC Condo Project: Exclusive

Gary Chan GEMA

2016/10/13 by Michael Cole Leave a Comment

A trio of Shanghai-based private equity investors have taken a majority stake in a 61 unit Manhattan condo development, as Chinese capital continues to find its way into the New York luxury residential market.

GEMA Capital Partners, with backing from… Read More>>

A trio of Shanghai-based private equity investors have taken a majority stake in a 61 unit Manhattan condo development, … Read more>>>

HNA Seattle golf

China’s HNA Buys 10 Seattle Golf Courses for $137 Million

HNA Seattle golf

2016/10/12 by Michael Cole Leave a Comment

Mainland conglomerate HNA Group is investing more than $137 million to acquire 10 Seattle area golf courses, according to a statement filed yesterday with the Hong Kong stock exchange. The acquisition adds to an October total of nearly $11 billion… Read More>>

Mainland conglomerate HNA Group is investing more than $137 million to acquire 10 Seattle area golf courses, according … Read more>>>

Lu Guanqiu

Pritzker’s Chinese Partner in $1 Bil Deal Called Major Trafficker of N Korean Minerals

Lu Guanqiu

2016/10/11 by Michael Cole 1 Comment

One of China’s biggest investors in US real estate may also be its leading trader in North Korean minerals, according to reports last week on Radio Free Asia, citing North Korean sources within China.

Wanxiang Group is the largest importer… Read More>>

One of China’s biggest investors in US real estate may also be its leading trader in North Korean minerals, according to … Read more>>>

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