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Chris Heady Blackstone

Blackstone Buys 50% Stake in Taubman Asia Mall Holdings in $480M Deal

Chris Heady Blackstone

2019/02/17 by Michael Cole 2 Comments

Taubman Centers announced late last week that it has agreed to sell a 50 percent stake in the shopping centre assets of its Asian division to US alternative investment giant Blackstone in a deal valued at $480 million.

The transaction… Read More>>

Taubman Centers announced late last week that it has agreed to sell a 50 percent stake in the shopping centre assets of … Read more>>>

Sun Hung Kai Raymond Kwok

Sun Hung Kai Wins Site in Hong Kong’s Tai Po for HK$6.31B

Sun Hung Kai Raymond Kwok

2019/02/17 by Jan Kot Leave a Comment

Hong Kong developer Sun Hung Kai Properties has won a residential parcel in Hong Kong’s New Territories for HK$6.31 billion ($804 million), according to an announcement by the city’s Lands Department, snatching up the Tai Po project for a higher… Read More>>

Hong Kong developer Sun Hung Kai Properties has won a residential parcel in Hong Kong’s New Territories for HK$6.31 … Read more>>>

jack Ma

Alibaba Said in Talks to Buy Stake in German Retailer Metro’s China Stores

jack Ma

2019/02/17 by Jesus Alcocer Leave a Comment

Alibaba is in talks to acquire a portion of the China operations of German retailer Metro, according to a Thursday report by Reuters, as the company that handles nearly 60 percent of China’s online shopping continues to look for ways… Read More>>

Alibaba is in talks to acquire a portion of the China operations of German retailer Metro, according to a Thursday … Read more>>>

Christian Ulbrich JLL

UK Media Hints at JLL Buyout Offer for Savills and More Asia Real Estate Headlines

Christian Ulbrich JLL

2019/02/16 by Michael Cole Leave a Comment

With buyouts still in style, sources in the UK are reporting market chatter about a possible JLL bid for UK-based competitor Savills putting this story at the top of Mingtiandi’s roundup of real estate news.

Closer to our Asian home,… Read More>>

With buyouts still in style, sources in the UK are reporting market chatter about a possible JLL bid for UK-based … Read more>>>

dong wenbiao cmig

Minsheng Investment Sells Shanghai Project to Greenland for RMB 12B After Default

dong wenbiao cmig

2019/02/14 by Jan Kot Leave a Comment

China Minsheng Investment Group (CMIG) has sold its 50 percent stake in a mixed-use project in Shanghai’s South Bund area to Greenland Group for RMB 12 billion ($1.77 billion), disposing of the high-profile site at an apparent loss as it… Read More>>

China Minsheng Investment Group (CMIG) has sold its 50 percent stake in a mixed-use project in Shanghai's South Bund … Read more>>>

Miguel Ko Ascendas-Singbridge

Mitsui Buys 45% of Ascendas-Singbridge Shanghai Assets

Miguel Ko Ascendas-Singbridge

2019/02/14 by Jesus Alcocer Leave a Comment

Singapore’s Ascendas-Singbridge announced on Thursday that it has inked a deal with Mitsui & Co to sell 45 percent of its Ascendas Innovation Place and Ascendas Plaza projects in Shanghai to the Japanese conglomerate.

Mitsui acquired its stake in the… Read More>>

Singapore's Ascendas-Singbridge announced on Thursday that it has inked a deal with Mitsui & Co to sell 45 percent … Read more>>>

Suntec City Singapore

ARA Sells Six Floors in SG’s Suntec City to Alpha for S$160M

Suntec City Singapore

2019/02/14 by Jesus Alcocer Leave a Comment

ARA Asset Management on Thursday announced the sale of six office floors in Suntec City to Alpha Investment Partners, a subsidiary of Keppel Capital, for S$160 million ($117.8 million), in one of Singapore’s most expensive office sales in the past… Read More>>

ARA Asset Management on Thursday announced the sale of six office floors in Suntec City to Alpha Investment Partners, a … Read more>>>

Suning Zhang Jindong

Suning Buys 37 Wanda Department Stores for Under RMB 8B

Suning Zhang Jindong

2019/02/14 by Jan Kot Leave a Comment

Dalian Wanda has sold 37 department stores to Chinese retailer Suning.com for an amount estimated to be less than RMB 8 billion ($1.18 billion) as China’s largest commercial developer continues a two-year sell off of overseas and non-core assets after… Read More>>

Dalian Wanda has sold 37 department stores to Chinese retailer Suning.com for an amount estimated to be less than RMB 8 … Read more>>>

Singapore CBD

Singapore CBD Office Rents Jump Nearly 15% and More Asia Real Estate Headlines

Singapore CBD

2019/02/14 by Michael Cole Leave a Comment

Singapore jumps to the top of Asia’s real estate headlines today as a new report shows office rents rising nearly 15 percent in Southeast Asia’s financial capital, and a major Singaporean developer makes news as its net profit falls by… Read More>>

Singapore jumps to the top of Asia’s real estate headlines today as a new report shows office rents rising nearly 15 … Read more>>>

Yang Xiaoping

China Minsheng Investment Names CP Exec as Co-Chair After Bond Default

Yang Xiaoping

2019/02/13 by Jesus Alcocer Leave a Comment

China Minsheng Investment Group (CMIG), the country’s largest privately owned investment group, on Monday appointed Charoen Pokphand Group vice chairman Yang Xiaoping as its new co-chairman, after corruption investigations into its previous directors left a leadership gap that may have… Read More>>

China Minsheng Investment Group (CMIG), the country’s largest privately owned investment group, on Monday appointed … Read more>>>

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