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Duan Xiannian Overseas Chinese Town

Overseas Chinese Town Buys Pair of Shenzhen Sites for RMB 4.2B

Duan Xiannian Overseas Chinese Town

2018/10/14 by Emma Zhou Leave a Comment

Hong Kong and Shenzhen-listed real estate developer Overseas Chinese Town Holding has purchased a pair of mixed-use sites in the centre of Shenzhen’s Bao’an district for RMB 4.2 billion ($605 million) at a government land auction on October 10th, according… Read More>>

Hong Kong and Shenzhen-listed real estate developer Overseas Chinese Town Holding has purchased a pair of mixed-use … Read more>>>

Wilson Ng Morgan Stanley

Morgan Stanley Predicts 10% Rise in SG Home Prices and More Asia Real Estate Headlines

Wilson Ng Morgan Stanley

2018/10/13 by Michael Cole Leave a Comment

Singapore’s government hit the brakes on the city-state’s real estate market in early July, but analysts at Morgan Stanley are grabbing headlines today with predictions that home prices in Southeast Asia’s wealthiest city could grow another 10 percent by the… Read More>>

Singapore’s government hit the brakes on the city-state’s real estate market in early July, but analysts at Morgan … Read more>>>

Link Asset Management CEO George Hongchoy

Blackstone Said Buying 10 HK Retail Assets From Link REIT for $1.28B

Link Asset Management CEO George Hongchoy

2018/10/12 by Emma Zhou Leave a Comment

Blackstone is acquiring a set of ten community retail properties in Hong Kong from Link REIT for HK$10 billion ($1.28 billion), according to an account in the city’s Ming Pao newspaper, citing sources familiar with the transaction.

The reported retail… Read More>>

Blackstone is acquiring a set of ten community retail properties in Hong Kong from Link REIT for HK$10 billion ($1.28 … Read more>>>

Xiaozhu Chi Chen

Airbnb’s Chinese Rival Xiaozhu Raises $300M From Jack Ma’s Yunfeng Capital

Xiaozhu Chi Chen

2018/10/12 by Jan Kot Leave a Comment

Xiaozhu, China’s answer to Airbnb, announced on Wednesday that it has raised $300 million from investors led by Jack Ma’s Yunfeng Capital, boosting its financial muscle to better compete with local rivals and US giant Airbnb for a slice of… Read More>>

Xiaozhu, China’s answer to Airbnb, announced on Wednesday that it has raised $300 million from investors led by Jack … Read more>>>

Edward Chow

Owners of 126-Year-Old Site on Hong Kong’s Peak Try for Compulsory Sale

Edward Chow

2018/10/11 by Emma Zhou Leave a Comment

Owners of an aging set of luxury condominiums on Hong Kong’s Victoria Peak have applied for a compulsory sale in the hope of redeveloping a property that dates back to 1892.

The potential asking price for the collective sale of… Read More>>

Owners of an aging set of luxury condominiums on Hong Kong’s Victoria Peak have applied for a compulsory sale in the … Read more>>>

yu liang vanke

China Vanke Buying Stakes in Five Projects From CFLD and More Asia Real Estate Headlines

yu liang vanke

2018/10/11 by Michael Cole Leave a Comment

China Vanke, once the country’s largest developer by sales, had its own downturn int 2016-2017 when it nearly became a business case study in how to stage a mainland hostile takeover. Now that the homebuilder is under government control, it… Read More>>

China Vanke, once the country’s largest developer by sales, had its own downturn int 2016-2017 when it nearly became a … Read more>>>

sonmasayosh

Softbank Said in Talks to Invest Up to $20B for Control of WeWork

sonmasayosh

2018/10/11 by Emma Zhou Leave a Comment

Superinvestor Masayoshi Son’s SoftBank is in talks with WeWork to invest $15 billion to $20 billion in the co-working pioneer, according to sources familiar with the discussions cited in a Wall Street Journal report on Wednesday.

The US shared office… Read More>>

Superinvestor Masayoshi Son’s SoftBank is in talks with WeWork to invest $15 billion to $20 billion in the co-working … Read more>>>

Chen Feng HNA

HNA Shopping $11B in Properties as Cash Crisis Continues

Chen Feng HNA

2018/10/10 by Jan Kot 1 Comment

Troubled Chinese conglomerate HNA Group has put on the market property assets said to be worth up to $11 billion in its latest move to steady the ship, according to a Reuters account.

HNA has provided lists containing some 82… Read More>>

Troubled Chinese conglomerate HNA Group has put on the market property assets said to be worth up to $11 billion in its … Read more>>>

Jia Yueting LeEco

Evergrande’s $2B Investment in Faraday May Have a Limited Future

Jia Yueting LeEco

2018/10/10 by Emma Zhou Leave a Comment

After enjoying a four month honeymoon following China Evergrande’s June decision to invest $2 billion in his Faraday Future electric car startup, mercurial mainland entrepreneur Jia Yueting is ready to call it quits with his latest white knight.

Evergrande Health,… Read More>>

After enjoying a four month honeymoon following China Evergrande’s June decision to invest $2 billion in his Faraday … Read more>>>

Renaissance Hotel Seoul

KKR, IGIS, NPS to Buy $1.9B Seoul Project and More Asia Real Estate Headlines

Renaissance Hotel Seoul

2018/10/10 by Michael Cole Leave a Comment

One of North America’s best-known private equity firms goes Gangnam-style to lead today’s list of Asia real estate headlines, by leading the acquisition of a $1.9 billion project in the posh area of Seoul with two of South Korea’s biggest… Read More>>

One of North America’s best-known private equity firms goes Gangnam-style to lead today’s list of Asia real estate … Read more>>>

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