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Ye Jianming CEFC

CITIC Comes to CEFC’s Rescue in Europe and More Asia Real Estate Headlines

Ye Jianming CEFC

2018/04/21 by Greg Isaacson Leave a Comment

At the top of today’s new roundup, China’s CIITC Group has once again come to the rescue of a troubled overseas project as the state-run investment giant announces a European JV with scandal-plagued CEFC.

And if joint ventures don’t light… Read More>>

At the top of today's new roundup, China's CIITC Group has once again come to the rescue of a troubled overseas project … Read more>>>

Beijing CBD Core Area

Beijing Restricts Building Heights in Prime District — Derails RMB 8.6B in Office Projects

Beijing CBD Core Area

2018/04/19 by Shawna Kwan Leave a Comment

The Beijing government has retroactively restricted the height of buildings in a prime plot of the city’s core business district to as low as 100 metres, truncating the building heights and potential investment returns of developers who purchased more than… Read More>>

The Beijing government has retroactively restricted the height of buildings in a prime plot of the city’s core business … Read more>>>

Stuart Grant Stanhope

Blackstone Real Estate MD Stuart Grant Leaving for London Developer Stanhope

Stuart Grant Stanhope

2018/04/19 by Greg Isaacson Leave a Comment

Stuart Grant, who leads asset management for Blackstone Real Estate’s investments in Asia Pacific, will be stepping down from the US alternative investment giant to join London-focused developer Stanhope Plc as Managing Director later this year.

Grant currently serves as… Read More>>

Stuart Grant, who leads asset management for Blackstone Real Estate's investments in Asia Pacific, will be stepping down … Read more>>>

Ong Pang Aik Lian Beng

CapitaLand Mall Trust Sells SG Mall to Lian Beng JV For $189M

Ong Pang Aik Lian Beng

2018/04/19 by Shawna Kwan Leave a Comment

CapitaLand Mall Trust (CMT) has sold the Sembawang Shopping Centre for S$248 million ($189 million), generating a net gain for the Singapore-listed real estate trust of S$119.6 million ($91 million), according to a statement to the stock exchange on Thursday.

… Read More>>

CapitaLand Mall Trust (CMT) has sold the Sembawang Shopping Centre for S$248 million ($189 million), generating a net … Read more>>>

56 Clarendon Street Melbourne

Chinese Builder Gets Greenlight for 2nd Melbourne Tower and More Asia Real Estate Headlines

56 Clarendon Street Melbourne

2018/04/19 by Greg Isaacson Leave a Comment

Leading today’s roundup, low-profile Chinese developer Holder East has won approval for the design of a 208-unit residential tower in Melbourne, less than a week after getting the green light for another high-rise apartment building in the same city. Also… Read More>>

Leading today's roundup, low-profile Chinese developer Holder East has won approval for the design of a 208-unit … Read more>>>

Li Ka-shing

Li Ka-shing Spends HK$130M Upping Stake in CK Asset and More Hong Kong Real Estate Headlines

Li Ka-shing

2018/04/19 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, just weeks after announcing plans to retire, the city’s richest man Li Ka-shing spent HK$130 million ($17 million) to snap up shares in CK Asset Holdings in just two days. Also in the… Read More>>

Leading today’s Hong Kong real estate news, just weeks after announcing plans to retire, the city’s richest man Li … Read more>>>

GIC Invests $1.3B in Vingroup as VN Developer Readies for $2B Listing

2018/04/18 by Greg Isaacson Leave a Comment

Vietnam’s Vingroup has raised $1.3 billion from Singaporean sovereign wealth fund GIC as the country’s largest real estate developer prepares to list its luxury residential arm, Vinhomes JSC on the Ho Chi Minh City Stock Exchange.

Vingroup, which last year listed… Read More>>

Vietnam's Vingroup has raised $1.3 billion from Singaporean sovereign wealth fund GIC as the country's largest real … Read more>>>

Ryan Law Morgan Stanley

Morgan Stanley Leads $100M Investment in China Rental Housing Operator QingKe

Ryan Law Morgan Stanley

2018/04/18 by Shawna Kwan Leave a Comment

Morgan Stanley is entering China’s rental housing market for the first time by engaging in a $100 million fundraising round for a Chinese rental apartment operator. The investment by the 83-year-old US investment bank follows similar deals by compatriots including… Read More>>

Morgan Stanley is entering China’s rental housing market for the first time by engaging in a $100 million fundraising … Read more>>>

Stuart Jackson InfraRed NF

InfraRed NF Buys HK Storage Startup for $50M as Niche Sector Heats Up

Stuart Jackson InfraRed NF

2018/04/18 by Shawna Kwan Leave a Comment

Two major buyouts have been announced in Asia’s self-storage industry in the past two weeks involving cash of more than $50 million, as the niche investment sector grows in popularity with the region’s property investors.

Private equity firm InfraRed NF… Read More>>

Two major buyouts have been announced in Asia's self-storage industry in the past two weeks involving cash of more than … Read more>>>

Junson’s Cai Pegged as Buyer of HK$1.4B Peak House and More Hong Kong Real Estate Headlines

2018/04/18 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, billionaire Cai Kui, co-founder of Longfor Properties and owner of Hong Kong-based Junson Capital, is now believed to be the buyer of a luxury house in the exclusive Mount Nicholson area  in the… Read More>>

Leading today’s Hong Kong real estate news, billionaire Cai Kui, co-founder of Longfor Properties and owner of Hong … Read more>>>

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