…with $493 million worth of acquisitions. The peak was in the final quarter of 2017, at $629 million. Deal flow has all but stopped from China on the government’s efforts to limit investment in overseas properties. In March 2018, Fosun International did buy 5.11 percent of Brookdale Senior Living for $65 million. The transaction came after Zhonghong Zhuoye Group tried but failed in an attempt to acquire the 1,000-plus centre US senior living compan…
Search Results for: fosun
Co-Working Operators Cut Staff in HK as Funding Dries Up and More Asia Real Estate Headlines
…n 100,000 units, and mark a second consecutive year of growth. Read more>> Fosun’s Thomas Cook to Open Two Hotels in China Thomas Cook China is to build two new own-brand hotels in Asia. In a ceremony in Shanghai, Thomas Cook Group chief executive Peter Fankhauser and tourism executive director and chief executive, Jim Qian, signed memorandums of understanding for the development of a Casa Cook and a Thomas Cook Sunwing Family Resort in Lijiang in…
Alibaba Said in Talks to Buy Stake in German Retailer Metro’s China Stores
…ba’s involvement follows reports of similar discussions between Shanghai’s Fosun Group and Metro last year. The Reuters report indicated that the Alibaba investment is not certain, and that it is possible that no agreement may be reached. Metro’s mainland China outlets represent 67 percent of its total stores in Asia, where it generated approximately €4.3 billion in sales last year, according to its first 2018 quarterly report. Pan-Asia sales for…
Asia Real Estate People in the News 2019-04-15
…ears as Executive General Manager of Industrial Park with investment group Fosun. In his new duties, Jansson, who formerly served with industrial developer Yida China and with Chengdu’s Tianfu Software Park, is responsible for assisting clients with industrial and business park requirements in western China, as well as with advising on transactions nationwide. Samuel Zheng has been promoted to Associate Director with the Industrial team at CBRE in…
Asia Real Estate People in the News 2019-05-20
…manager for Minor Hotels in Bangkok. Levine Lao has joined Shanghai-based Fosun as a senior human resources manager in Shanghai after parting ways with her former employer, recruitment company Bole. The business graduate of the Chinese University of Hong Kong worked for Bole as a team leader responsible for recruiting senior executives for the real estate industry. A fluent Japanese speaker, Lao studied Japanese Language and Literature, as well a…
Asia Real Estate People in the News 2019-05-27
…alin Li as managing director of capital markets in Shanghai. Li joins from Fosun Property Holdings, where she was managing director of capital markets for two years. The University of Erlangen-Nuremberg graduate was formerly Tishman Speyer’s director of acquisitions and development in Shanghai from 2013 until 2017 following a year with real estate investment firm IMC Octave. Prior to this, she served as an investment manager for Gaw Capital from 2…
Asia Real Estate People in the News 2019-07-08
…s for CDL China since September 2017. Prior to joining CDL, Tan worked for Fosun Property Holdings as a deputy director from July 2016 until August 2017, as well as being a deputy director at Forte Capital from September 2015 to August 2017. The National University of Singapore graduate was also an investment analyst and investment manager at Lendlease from 2013 until 2015. Thomas Chak has been hired by Colliers International as Executive Director…
ARA REIT Buys Adelaide’s Allianz Centre and More Asia Real Estate HeadlinesÂ
…from 50 to 850 people. Read more>> Citigroup Says Shareholders Could Block Fosun’s £750M Thomas Cook Buyout A rescue plan for embattled Thomas Cook that would see its banks and biggest shareholder inject £750m in a debt for equity swap could be blocked by the holiday company’s bondholders. The claim comes from Citigroup analyst James Ainley – one of Thomas Cook’s most vocal critics – who calculated that if the plan goes ahead, the shares would be…
Founder of Shanghai Zendai Group Surrenders to Police in P2P Probe
…m for the trophy plot, it later sold a a partial stake to Guo Guangchang’s Fosun, and later made a controversial deal with Soho China to sell its remaining stake in the project. In late 2013, Zendai unveiled plans to transform Modderfontein – a suburb in eastern Johannesburg, South Africa – into the “New York of Africa”, making it one of the earliest domestic developers to embark on a “go-global” strategy. After leaving the real estate industry be…
Alibaba Invests RMB 23B to Boost Stake in Cainiao Logistics Network
…ith department store chain Intime Retail Group and industrial conglomerate Fosun International to develop new technology including tracking systems that would transform the industry at a time when logistics in China was relatively undeveloped. Alibaba has been tightening its grip on the sector in China in line with Ma’s announcement in May last year that the group would invest RMB 100 billion in logistics over the next five years. Just nine months…
- « Previous Page
- 1
- …
- 28
- 29
- 30
- 31
- 32
- 33
- Next Page »