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SL Green Sells $525M Stake in NYC Tower to Korea’s NPS, Hines

2017/02/01 by Michael Cole Leave a Comment

New York’s biggest office landlord has scored $525 million in new funding for a $3.2 billion Manhattan development, thanks to a recent agreement with Korea’s National Pension Service (NPS) and a division of Houston-based developer Hines.

According to a statement… Read More>>

New York’s biggest office landlord has scored $525 million in new funding for a $3.2 billion Manhattan development, … Read more>>>

Pollock's Path home

Aberdeen Raises $151M for New APAC Fund and More Asia Real Estate Headlines

Pollock's Path home

2017/02/01 by Michael Cole Leave a Comment

It’s February, its the rooster year, and it’s time to get back to work, so here are today’s headlines to help you get your bearings. A Finnish pension fund is anchoring a new Aberdeen fund covering the whole region, while… Read More>>

It’s February, its the rooster year, and it’s time to get back to work, so here are today’s headlines to help you get … Read more>>>

Andrew Moore Pamfleet

Is Pamfleet Betting on a Retail Rebound with Reported HK$600M Kowloon Deal?

Andrew Moore Pamfleet

2017/01/31 by Michael Cole Leave a Comment

Hong Kong real estate investment manager Pamfleet has agreed to acquire a commercial building in Hong Kong’s Tsim Sha Tsui on behalf of its Pamfleet Fund II for a price approaching HK$600 million, according to sources familiar with the pending… Read More>>

Hong Kong real estate investment manager Pamfleet has agreed to acquire a commercial building in Hong Kong’s Tsim Sha … Read more>>>

The Spire London

What Happens if Chinese Homebuyers Run Out of Cash and More Asia Real Estate Headlines

The Spire London

2017/01/31 by Michael Cole Leave a Comment

Chinese capital has been a growing force in both corporate real estate investments and individual home purchases in recent years, but things may look very different in the rooster year. The leading headlines this morning all attempt to figure out… Read More>>

Chinese capital has been a growing force in both corporate real estate investments and individual home purchases in … Read more>>>

David Green-Morgan of JLL

Anbang’s $6B Buy Led China’s 53% Surge in Outbound Real Estate Investment in 2016

David Green-Morgan of JLL

2017/01/31 by Tyler Roney Leave a Comment

Led by Anbang Insurance Group’s acquisition of Strategic Hotels and Resorts from Blackstone, China’s cross-border investments in commercial and residential property in 2016 hit a record $33 billion, a year-on-year jump of 53 percent, according to a recent report from… Read More>>

Led by Anbang Insurance Group’s acquisition of Strategic Hotels and Resorts from Blackstone, China’s cross-border … Read more>>>

Adam Gallistel GIC

Singapore’s GIC Buys Deutsche Bank NYC Headquarters for $1.04 Bil

Adam Gallistel GIC

2017/01/25 by Michael Cole Leave a Comment

GIC has agreed to purchase a 95 percent stake in a New York office building for $1.04 billion, according to a statement this week by the Singaporean sovereign wealth fund.

The Southeast Asian mega-investor acquired 60 Wall Street from New… Read More>>

GIC has agreed to purchase a 95 percent stake in a New York office building for $1.04 billion, according to a statement … Read more>>>

China golf

China Closes 100 Golf Courses and More Asia Real Estate Headlines

China golf

2017/01/25 by Michael Cole Leave a Comment

Being obscenely rich just continues to get tougher in China’s erstwhile party paradise as Beijing has now shut down 100 golf course in the last five years. Also in the headlines today, the mainland real estate market bounced back to… Read More>>

Being obscenely rich just continues to get tougher in China’s erstwhile party paradise as Beijing has now shut down 100 … Read more>>>

Keith Low Lendlease

Lendlease Appoints Keith Low as Head of Asset Management for Asia

Keith Low Lendlease

2017/01/25 by Michael Cole Leave a Comment

Lendlease has brought on board CapitaLand veteran Keith Low to head its asset management business for Asia, according to an announcement by the Australian real estate developer this week.

In his new role, Low will be responsible for managing Asian… Read More>>

Lendlease has brought on board CapitaLand veteran Keith Low to head its asset management business for Asia, according to … Read more>>>

Banyan Tree Ringha

Vanke, Banyan Tree Form $292M China Hospitality JV

Banyan Tree Ringha

2017/01/24 by Michael Cole Leave a Comment

China Vanke has continued to diversify from its core business building middle class homes as the Chinese developer this week entered into a RMB 2 billion ($292 million) agreement with Banyan Tree Holdings to jointly own and manage the Singaporean… Read More>>

China Vanke has continued to diversify from its core business building middle class homes as the Chinese developer this … Read more>>>

Sean Zhang DTZ/Cushman & Wakefield

DTZ/C&W Picks Sean Zhang to Head Financial Advisory for China

Sean Zhang DTZ/Cushman & Wakefield

2017/01/24 by Michael Cole Leave a Comment

Outbound real estate investment by Chinese buyers hit a record of $33 billion in 2016, and the global property consultants competing to advise these investors are adding finance talent to help structure these billion dollar deals.

US-based Cushman & Wakefield,… Read More>>

Outbound real estate investment by Chinese buyers hit a record of $33 billion in 2016, and the global property … Read more>>>

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