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Jonathan Gray Blackstone

Blackstone Raises $20.5B Global Property Fund and More Asia Real Estate Headlines

Jonathan Gray Blackstone

2019/09/12 by Michael Cole Leave a Comment

The flood of capital searching for real estate opportunities leads today’s list of real estate news as Blackstone notches a new high water mark with a $20.5 billion final closing on its latest property fund.

The ongoing troubles in Hong… Read More>>

The flood of capital searching for real estate opportunities leads today’s list of real estate news as Blackstone … Read more>>>

Zhu Jiajun China Enterprise

China Enterprise Wins Shanghai Residential Site for RMB 3.8B

Zhu Jiajun China Enterprise

2019/09/12 by Jan Kot Leave a Comment

State-backed China Enterprise has shouldered aside a pair of competing bids from China Vanke and China Resources Land to win a residential site in Shanghai’s Yangpu district for just over RMB 3.81 billion ($540 million), according to an announcement by… Read More>>

State-backed China Enterprise has shouldered aside a pair of competing bids from China Vanke and China Resources Land to … Read more>>>

Park Hyeon-joo Mirae

Korea’s Mirae Said Buying US Hotel Portfolio From Anbang for $5.8B

Park Hyeon-joo Mirae

2019/09/11 by Michael Cole Leave a Comment

Korea’s Mirae Asset Management has agreed to buy a portfolio of US luxury hotels from China’s Anbang Insurance for $5.8 billion, according to a report by the Wall Street Journal earlier today.

The deal comes more than one year after… Read More>>

Korea’s Mirae Asset Management has agreed to buy a portfolio of US luxury hotels from China’s Anbang Insurance for $5.8 … Read more>>>

wilson leung Angelo Gordon

Angelo Gordon Raises $1.3B for Latest Asia Real Estate Fund

wilson leung Angelo Gordon

2019/09/11 by Michael Cole Leave a Comment

US private equity firm Angelo Gordon has raised $1.3 billion for its latest Asia real estate fund, according to a statement by the company today.

The capital raising brings AG Asia Realty Fund IV, the fourth in the company’s series… Read More>>

US private equity firm Angelo Gordon has raised $1.3 billion for its latest Asia real estate fund, according to a … Read more>>>

Vietnam retail

GIC Leads $500M Vietnam Retail Investment and More Asia Real Estate Headlines

Vietnam retail

2019/09/11 by Michael Cole Leave a Comment

An investment Vietnam’s jump from wet markets to superstores leads today’s set of real estate headlines from around Asia as Singapore’s sovereign wealth fund leads a $500 million deal bet on a retail platform set up by Vingroup. South Korea’s… Read More>>

An investment Vietnam's jump from wet markets to superstores leads today's set of real estate headlines from around Asia … Read more>>>

Paul Salnikow TEC

The Executive Centre Calls Off $750M Sale Amid Hong Kong Unrest

Paul Salnikow TEC

2019/09/10 by James Hatton Leave a Comment

Just days before final bids were due to be received in a proposed sale of The Executive Centre, the shareholders of the Hong Kong-based shared office provider have halted the sale, according to a statement received by Mingtiand from the… Read More>>

Just days before final bids were due to be received in a proposed sale of The Executive Centre, the shareholders of the … Read more>>>

Li Jinzhao Lujiazui Group

Lujiazui Group Pays RMB 9.1B for Site of Shanghai’s First Suburban Supertall

Li Jinzhao Lujiazui Group

2019/09/10 by Jan Kot Leave a Comment

Lujiazui Group, the largest state-owned developer in Shanghai’s Pudong district has agreed to pay RMB 9.1 billion ($1.28 billion) to acquire a mixed-use site in the city’s Zhangjiang High Tech Park, according to an announcement last week by the Shanghai… Read More>>

Lujiazui Group, the largest state-owned developer in Shanghai's Pudong district has agreed to pay RMB 9.1 billion ($1.28 … Read more>>>

jack Ma

Jack Ma Fund Joins $300M Rental Housing Investment and More Asia Real Estate Headlines

jack Ma

2019/09/10 by James Hatton Leave a Comment

A Shanghai-based apartment rental platform leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the company has raised $300 million from investors including a private equity firm founded by the soon-to-be-retiring… Read More>>

A Shanghai-based apartment rental platform leads the way in Mingtiandi’s roundup of Asia real estate headlines today … Read more>>>

Ying Lee Knight Frank

Ying Lee Named MD of Knight Frank Shanghai Office

Ying Lee Knight Frank

2019/09/10 by Michael Cole Leave a Comment

Real estate consultancy Knight Frank has continued to add to its mainland China team, naming Ying Shin Lee this month as Managing Director of its Shanghai office.

Lee joins the UK-based firm after spending nearly a decade with GE’s global… Read More>>

Real estate consultancy Knight Frank has continued to add to its mainland China team, naming Ying Shin Lee this month as … Read more>>>

adam neumann wework

WeWork IPO Road Show in Doubt as Valuation Said to Dip Below $20B

adam neumann wework

2019/09/09 by Michael Cole Leave a Comment

The kick off of marketing for an initial public offering of shares in the We Company, the parent of shared office provider WeWork is said to be in doubt as the group’s promoters struggle to win over skeptical investors.

The… Read More>>

The kick off of marketing for an initial public offering of shares in the We Company, the parent of shared office … Read more>>>

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