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CIC Aims To Boost Real Estate, Alternatives to 45% of Overseas Portfolio

2018/03/17 by Greg Isaacson Leave a Comment

China Investment Corporation (CIC) is eyeing more exposure to real estate, as the $930 billion sovereign wealth fund plans to hike alternative and direct investments to 45 percent or more of its overseas portfolio within three years, from 38 percent… Read More>>

China Investment Corporation (CIC) is eyeing more exposure to real estate, as the $930 billion sovereign wealth fund … Read more>>>

HNA HIlton Grand Vacations

HNA Made 90% Gain on Latest Hilton Stake Sale and More Asia Real Estate Headlines

HNA HIlton Grand Vacations

2018/03/17 by Michael Cole Leave a Comment

HNA may be struggling to stay afloat, but China’s late debt drunkard can at least feel good that some of its investments have paid off, according to our lead story today. Plus the conglomerate apparently still has some credit on… Read More>>

HNA may be struggling to stay afloat, but China’s late debt drunkard can at least feel good that some of its investments … Read more>>>

Weber Lo Hang Lung

Hang Lung CEO Philip Chen Passes Torch to Weber Lo and More Hong Kong Real Estate Headlines

Weber Lo Hang Lung

2018/03/16 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, Weber Lo will step up as developer Hang Lung’s new CEO starting in May, taking over from Philip Chen. Also in the headlines, design firm Benoy sees Instagram-worthy opportunities to develop the site… Read More>>

Leading today’s Hong Kong real estate news, Weber Lo will step up as developer Hang Lung’s new CEO starting in May, … Read more>>>

Sun Hongbin Kaisa

Sun Hongbin Resigns as Chairman of LeEco Unit as Mainland Media Firm Fails

Sun Hongbin Kaisa

2018/03/16 by Shawna Kwan Leave a Comment

Sunac chairman Sun Hongbin has stepped down as the chairman of Leshi Internet Information & Technology, a video streaming subsidiary of mainland new media trainwreck LeEco.

Sun resigned before his term’s expiration date of October 13 due to “job adjustments,”… Read More>>

Sunac chairman Sun Hongbin has stepped down as the chairman of Leshi Internet Information & Technology, a video … Read more>>>

ye jianming

CEFC Chief Invested Billions in Real Estate – Now Said Detained

ye jianming

2018/03/16 by Greg Isaacson Leave a Comment

CEFC China Energy emerged from obscurity to buy up a horde of overseas assets from energy firms to European real estate. Now the ambitious but secretive mainland conglomerate is in trouble.

The head of CEFC has reportedly been detained for… Read More>>

CEFC China Energy emerged from obscurity to buy up a horde of overseas assets from energy firms to European real estate. … Read more>>>

Chen Feng HNA

HNA Sells Second Hilton Spin Off for $1.1B As Aviation Regulator Presses for Fuel Payment

Chen Feng HNA

2018/03/15 by Shawna Kwan Leave a Comment

Debt-wracked HNA Group is selling another Hilton spinoff for $1.1 billion, less than two weeks after it sold a $1.4 billion stake in Park Hotels & Resorts Inc. The mainland conglomerate is in desperate need of fresh cash as it… Read More>>

Debt-wracked HNA Group is selling another Hilton spinoff for $1.1 billion, less than two weeks after it sold a $1.4 … Read more>>>

Singapore metro commute

Cost of Cars and Clothes Makes Singapore the World’s Priciest City

Singapore metro commute

2018/03/15 by Greg Isaacson Leave a Comment

Asia Pacific is home to four of the top ten most expensive cities in the world for expatriates and business travelers, according to a new report by The Economist Intelligence Unit (EIU).

The biannual survey by the research and advisory… Read More>>

Asia Pacific is home to four of the top ten most expensive cities in the world for expatriates and business travelers, … Read more>>>

Hongkong Land Exits Singapore Office JV and More Asia Real Estate Headlines

2018/03/15 by Greg Isaacson Leave a Comment

At the top of today’s news, Malaysia’s IOI Properties is poised to go it alone on a prime office project in Singapore’s Marina Bay, after HongKong Land apparently passed on it opportunity to share the prime commercial site. And the… Read More>>

At the top of today's news, Malaysia's IOI Properties is poised to go it alone on a prime office project in Singapore's … Read more>>>

Pacific Place

Property Income Propels Swire’s 55% Surge In Profit and More Hong Kong Real Estate Headlines

Pacific Place

2018/03/15 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, strong property income has helped Swire Pacific to offset its losses in aviation and marine services. Also in the headlines, mortgage offered by government-owned agency jumped by 30 percent last year. All these… Read More>>

Leading today’s Hong Kong real estate news, strong property income has helped Swire Pacific to offset its losses in … Read more>>>

Stephen Schwarzman Blackstone CIC

CIC Exits 11-Year Blackstone Investment After Learning to Love Alternative Assets

Stephen Schwarzman Blackstone CIC

2018/03/14 by Greg Isaacson Leave a Comment

Sovereign wealth fund China Investment Corporation (CIC) has exited its investment in Blackstone 11 years after taking a stake in the US alternative investment giant. During that stretch, the guardian of China’s foreign exchange reserves and the world’s biggest landlord… Read More>>

Sovereign wealth fund China Investment Corporation (CIC) has exited its investment in Blackstone 11 years after taking a … Read more>>>

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