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Stephen Schwarzman Blackstone

Blackstone Buys Back 10% of European Warehouse Platform Logicor from CIC

Stephen Schwarzman Blackstone

2017/12/12 by Greg Isaacson Leave a Comment

A Blackstone property fund is buying back a 10 percent stake in European warehouse platform Logicor, which the private equity giant sold to China Investment Corporation (CIC) for $13.8 billion earlier this year, according to a news report.

CIC, China’s… Read More>>

A Blackstone property fund is buying back a 10 percent stake in European warehouse platform Logicor, which the private … Read more>>>

Zhou Zheng Joy City

Joy City Selling Loss-Making W Hotel in Beijing for RMB 2B

Zhou Zheng Joy City

2017/12/12 by Shawna Kwan Leave a Comment

Commercial real estate developer Joy City Property is selling the W Hotel Beijing Chang’an to a Shanghai-based fund for a total of RMB 2 billion ($302 million), according to an announcement to the Hong Kong stock exchange on Friday by… Read More>>

Commercial real estate developer Joy City Property is selling the W Hotel Beijing Chang’an to a Shanghai-based fund for … Read more>>>

28 Dorset Square

Chen Hsong Buys London Building for £33.1M and More Hong Kong Real Estate Headlines

28 Dorset Square

2017/12/12 by Channing Huang Leave a Comment

A six decade old Hong Kong company is shaping a new future in London, after branching out from injection molds. Also in the news, Wong Chuk Hang continues to be a hot spot after the opening of the South Island… Read More>>

A six decade old Hong Kong company is shaping a new future in London, after branching out from injection molds. Also in … Read more>>>

25 Gresham Street

China’s Hengli Buys Lloyds Bank London Office and More Asia Real Estate Headlines

25 Gresham Street

2017/12/12 by Michael Cole Leave a Comment

Cross-border acquisitions lead the news again today as another mainland group picks up a Brexit bargain in London, and a Singaporean developer goes shopping on Tokyo’s Ginza. Back on the mainland more credit is available for rental housing projects and… Read More>>

Cross-border acquisitions lead the news again today as another mainland group picks up a Brexit bargain in London, and a … Read more>>>

Asia Real Estate People in the News 2017-12-11

2017/12/11 by Greg Isaacson Leave a Comment

Singapore plays a big role in this week’s People in the News, with an agency veteran joining a corporate real estate firm based in the city-state, while a professional at a leading business park developer gets a promotion. Meanwhile, a… Read More>>

Singapore plays a big role in this week's People in the News, with an agency veteran joining a corporate real estate … Read more>>>

Adam Neumann WeWork

WeWork Leases 10-Storey Tower in Shanghai for Biggest-Ever Co-Working Centre

Adam Neumann WeWork

2017/12/11 by Greg Isaacson Leave a Comment

US co-working giant WeWork has leased an entire grade A office building in downtown Shanghai, where the $20 billion startup will open its largest-ever shared office centre.

The take-up of the 27,000 square metre tower in the China Overseas International… Read More>>

US co-working giant WeWork has leased an entire grade A office building in downtown Shanghai, where the $20 billion … Read more>>>

LaSalle Completes First Korean Logistics Project Under $485M Fund

2017/12/11 by Greg Isaacson 1 Comment

US-based real estate investment firm LaSalle Investment Management has wrapped up construction on its first project in South Korea, a modern logistics warehouse in Icheon City, south of Seoul.

The 467,207 square foot (43,405 square metre), multi-storey facility, called Logiport… Read More>>

US-based real estate investment firm LaSalle Investment Management has wrapped up construction on its first project in … Read more>>>

Norway’s $1T Sovereign Fund Enters Asia with $823M Tokyo Bet

2017/12/10 by Greg Isaacson Leave a Comment

Norway’s sovereign wealth fund is making its first foray into Asian real estate, by buying a majority stake in a set of five retail and office properties in Tokyo for 92.75 billion yen ($823 million).

Norges Bank Investment Management (NBIM),… Read More>>

Norway's sovereign wealth fund is making its first foray into Asian real estate, by buying a majority stake in a set of … Read more>>>

Mark Machin CPPIB

CPPIB Invests $248M in Goodman Hong Kong Logistics Fund

Mark Machin CPPIB

2017/12/10 by Greg Isaacson Leave a Comment

The Canada Pension Plan Investment Board (CPPIB) is expanding its Asia logistics partnership with Australia’s Goodman by investing HK$1.94 billion ($248 million) in a Hong Kong warehouse development scheme first established by the Australian builder in 2006.

The investment will… Read More>>

The Canada Pension Plan Investment Board (CPPIB) is expanding its Asia logistics partnership with Australia's Goodman by … Read more>>>

Zhang Xin SOHO China

Millennium and Copthorne Agrees to £2B CDL Buyout Bid and More Asia Real Estate Headlines

Zhang Xin SOHO China

2017/12/10 by Michael Cole Leave a Comment

Singapore’s CDL is back in the news again today after it appears to have achieved its mission of buying out a London-listed hotel chain already controlled by the property firm. Also grabbing some air time is mainland media darling and… Read More>>

Singapore’s CDL is back in the news again today after it appears to have achieved its mission of buying out a … Read more>>>

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