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Jason Yao Ping An

Ping An Ramping Up Outbound Deals by 500%, Has $22.5B to Spend

Jason Yao Ping An

2016/08/22 by Michael Cole Leave a Comment

Ping An Insurance is already one of China’s biggest cross-border buyers of real estate, but the mainland financial giant now says it could raise its overseas property holdings by as much as 500 percent within five years, as investment returns… Read More>>

Ping An Insurance is already one of China’s biggest cross-border buyers of real estate, but the mainland financial giant … Read more>>>

Gary Barnett Extell

Shanghai’s SMI, NY’s Extell Confirm $3B NYC Project

Gary Barnett Extell

2016/08/13 by Michael Cole Leave a Comment

Shanghai Municipal Investment (SMI), the state-run infrastructure firm best known for developing China’s tallest building, has confirmed a $3 billion joint venture with New York’s Extell Development to build a 95-storey tower on Manhattan’s Billionaire’s Row.

In a joint announcement… Read More>>

Shanghai Municipal Investment (SMI), the state-run infrastructure firm best known for developing China’s tallest … Read more>>>

Greenland Lucent Sydney

Greenland Predicts No Problems for Chinese Buyers in Sydney Despite Default Worries

Greenland Lucent Sydney

2016/08/11 by Olivia Chen Leave a Comment

Chinese developer Greenland has commenced settlements of their first completed apartment project in Australia, the 211-unit Lucent in North Sydney, amid concerns Chinese apartment buyers would start defaulting on payments.

Informal controls on outbound capital in China… Read More>>

Chinese developer Greenland has commenced settlements of their first completed apartment project in Australia, the … Read more>>>

warcraft china

Legendary Losses Slowing Down Wang’s Dream of a Cinema Empire

warcraft china

2016/08/09 by Bruce Haring Leave a Comment

Chinese billionaire Wang Jianlin has big plans for building a movie business empire, but that golden future looks a bit further off after the tycoon’s Dalian Wanda Group announced an indefinite delay in the incorporating Legendary Picture into its mainland-listed… Read More>>

Chinese billionaire Wang Jianlin has big plans for building a movie business empire, but that golden future looks a bit … Read more>>>

Salesforce Tower New York

HKMA Buys Stake in NYC’s Salesforce Tower from Ivanhoe for $1.2B

Salesforce Tower New York

2016/08/08 by Michael Cole Leave a Comment

Hong Kong Monetary Authority, the city’s de facto central bank, has become the latest Asian investor to jump into the New York market after investing $1.15 billion to acquire a 49 percent stake in an office tower in at 1095… Read More>>

Hong Kong Monetary Authority, the city’s de facto central bank, has become the latest Asian investor to jump into the … Read more>>>

Wu Xiaohui

Anbang Back in Hotel Hunt with $7B Bid for IHG

Wu Xiaohui

2016/08/08 by Michael Cole Leave a Comment

China’s Anbang Insurance has apparently rekindled its passion for hotels with the mainland financial upstart reportedly preparing a $7 billion bid for the FTSE-listed Intercontinental Hotels Group.

Anbang, which became famous for its $1.95 billion acquisition of New York’s Waldorf… Read More>>

China’s Anbang Insurance has apparently rekindled its passion for hotels with the mainland financial upstart reportedly … Read more>>>

Gary Barnett Extell

Shanghai Tower Developer Said to Invest in $2.98B NYC Project

Gary Barnett Extell

2016/08/07 by Michael Cole Leave a Comment

Shanghai Municipal Investment (SMI), the developer of the 128-storey Shanghai Tower, is said to be partnering with New York’s Extell Development on a $2.98 billion project in Manhattan.

Documents filed in Delaware, and reported by The Real Deal, indicate that… Read More>>

Shanghai Municipal Investment (SMI), the developer of the 128-storey Shanghai Tower, is said to be partnering with New … Read more>>>

gerald-hines

Hines May Add 475 Homes to Boston Project After Gemdale JV

gerald-hines

2016/08/03 by Michael Cole Leave a Comment

Leading US developer Hines teamed up with China’s Gemdale Properties & Investment in May to help kickstart a Boston project that has been in the works since 1990.

Now, just over three months later, the transpacific partners have submitted revised… Read More>>

Leading US developer Hines teamed up with China’s Gemdale Properties & Investment in May to help kickstart a Boston … Read more>>>

Xinyuan RKO Theatre Project

China’s Xinyuan Buys NYC Theatre for $66M in Latest US Condo Project

Xinyuan RKO Theatre Project

2016/08/03 by Michael Cole Leave a Comment

NYSE-listed Xinyuan Real Estate has purchased a theatre in Queens, New York from JK Equities LLC for $66 million, as the mainland Chinese developer prepares to build its third condo project in New York City.

Xinyuan, which in 2012 was… Read More>>

NYSE-listed Xinyuan Real Estate has purchased a theatre in Queens, New York from JK Equities LLC for $66 million, as the … Read more>>>

Public Chicago Hotel

Gaw Capital Buys Chicago Hotel for $60M

Public Chicago Hotel

2016/08/01 by Michael Cole Leave a Comment

Hong Kong-based Gaw Capital has made its latest purchase of a US property asset after the cross-border real estate private equity specialist last week acquired a 285-room Chicago boutique hotel, together with a partner for $60 million.

A US subsidiary… Read More>>

Hong Kong-based Gaw Capital has made its latest purchase of a US property asset after the cross-border real estate … Read more>>>

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