Mingtiandi

Asia real estate and outbound investment news

  • Facebook
  • LinkedIn
  • RSS
  • Twitter
Sign Up / Login Logout

Lost your password?
Register
Forgotten Password
Cancel

Register For This Site

A password will be e-mailed to you.

  • Capital Markets
  • Events
    • Mingtiandi 2023 Event Calendar
    • Mingtiandi APAC Residential Forum 2023
    • Mingtiandi Asia Logistics Forum 2023
    • Mingtiandi Hong Kong Focus Forum 2023
    • Mingtiandi APAC Data Centre Forum 2023
    • Mingtiandi Asia Office Strategies Forum 2023
    • Mingtiandi Singapore Focus Forum 2023
    • More Events
  • MTD TV
  • People
  • Logistics
  • Data Centres
  • Asia Outbound
  • Retail
  • Research & Policy
  • Advertise

Anbang Denies $400 Mil Kushner Deal and More Asia Real Estate Headlines

2017/03/15 by Michael Cole Leave a Comment

Kushner Trump

Anbang denies $400 mil deal with Kushner family

Anbang boss Wu Xiaohui just can’t keep himself out of the headlines, but at least today he appears to be trying. The controversial finance wizard’s mainland insurer dominates today’s news as it denies a $400 million deal reported yesterday. Also in the news,

Anbang Denies $400 Mil Kushner Deal

China’s Anbang Insurance Group said it is not investing in a flagship Manhattan office tower owned by the family of Jared Kushner, U.S. President Donald Trump’s son-in-law and senior adviser.

Anbang Insurance Group was named in a Bloomberg report on Monday as a possible investor in a $4 billion deal to buy the 41-floor building located at 666 Fifth Avenue, according to a copy of the agreement that was being circulated to attract additional investors. Read more>>

R&F Pleads for $1 Bil in Forex for Overseas Projects

Property developer R&F Properties is calling on the authorities in China to make a special case for its investment in Africa and Southeast Asia, as the lengthy and unpredictable approval process for moving money overseas may be jeopardising their international projects.

“We applied for US$1 billion worth of overseas investment quota to the state foreign exchange authority more than two months ago, but have not yet received approval,” Zhang Li, founder and co-chairman of Hong Kong-listed R&F Properties told the South China Morning Post in Beijing on Sunday. Read more>>

China’s Aqualand Buys Sydney Office Tower for A$140M

Chinese-backed residential developer Aqualand has acquired the Samsung office building at 61 Lavender Street in the Sydney harbour-front suburb of Milsons Point for $140 million, with plans to convert it into a luxury apartment project.

The seller, real estate investment company Barana Group, sold the property with a development approval allowing Aqualand to build 135 apartments in a 20-storey tower. Read more>>

Pricey Central Office Space in High Demand with Mainland Firms

Mainland Chinese firms are showing no signs of slowing their expansion in Hong Kong, the world’s most expensive office market.

After a record year of mainland enterprises snapping up 43 per cent of all new lettings in the city’s Central financial district, industry experts say demand continues to grow as firms remain on the “waiting list” to take space in skyscrapers in the area. Read more>>

Moody’s Warns on Headwinds for Chinese Developers

Ratings agency Moody’s Investor Services has warned that Chinese developers will face increasing competition, after the Chinese government said it would fine-tune some measures to curtail price hikes in some cities.

This could see the developers face very stiff competition as they try to snap up market share amid the increased regulatory controls, according to a new report. Read more>>

China Retail Sales Grew 9.5% in Jan-Feb – Missing Estimates

Retail trade in China began 2017 with a cumulative increase of 9.5 per cent between January and February — as compared to the same period in 2016 — which is below economists’ expectations of 10.5 percent and also its slowest growth in 11 years since February 2006, official date revealed on Tuesday.

According to the National Bureau of Statistics data, with a slowdown in trade, investment in fixed assets rose to 8.9 per cent year-on-year making it its largest rise since June with real estate reaching its peak in two years to stand at 8.9 per cent and industrial production accelerating to 6.3 per cent year-on-year — three-tenths more than in December, Efe news reported. Read more>>

Tune in again tomorrow for more news, and be sure to follow @Mingtiandi on Twitter for headlines as they happen.

Share this now

  • LinkedIn
  • Share
  • Tweet
  • Email

Filed Under: crelist Tagged With: Anbang Insurance, Aqualand, Guangzhou R&F Properties, Moody's Investors Service

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Mingtiandi Delivered

MTD TV

Warburg Pincus, Princeton Digital Foretell Asia’s Data Centre Future
Hines, Baker Mac, Essensys, Tosei Asset Foresee More Flexible Offices: MTD TV

More MTD TV Videos>>

People in the News

Nicholas Toh, group chief executive officer of DCI Data Centers
Nicholas Toh Takes Over as Group CEO at DCI Data Centers
Charles Griffith Macquarie
Asia Real Estate People in the News 2022-02-06
Kelvin Chan CBRE
CBRE Hires Kelvin Chan as Head of Capital Markets for China
Yoshinaga Takahashi PDG
PDG Hires Mitsui’s Yoshinaga Takahashi as Managing Director of Japan

More Industry Professionals>>

People in the News

Nicholas Toh Takes Over as Group CEO at DCI Data Centers

Nicholas Toh, group chief executive officer of DCI Data Centers

DCI Data Centers, an arm of Brookfield Infrastructure, has tapped Nicholas Toh to serve as group chief executive … Read More>>

Asia Real Estate People in the News 2022-02-06

Charles Griffith Macquarie

Finance giants lead this week’s collection of personnel moves on Mingtiandi as two of Asia Pacific’s largest financial … Read More>>

CBRE Hires Kelvin Chan as Head of Capital Markets for China

Kelvin Chan CBRE

CBRE on Friday announced the appointment of Kelvin Chan as the global property consultancy’s head of capital markets for … Read More>>

PDG Hires Mitsui’s Yoshinaga Takahashi as Managing Director of Japan

Yoshinaga Takahashi PDG

Princeton Digital Group has appointed Yoshinaga Takahashi as managing director of Japan, where he will help execute the … Read More>>

More Industry Professionals>>

Latest Stories

Raymond Lawler_Hines Asia-Pacific CEO
Hines to Build $1B Mixed-Use Complex in South Korea’s Busan
Boustead Singapore chairman Wong Fong Fui
Boustead Singapore Offers $213M Buyout of Property and Engineering Division
Tan Yew Chin CapitaLand Development
CapitaLand to Redevelop Singapore’s JCube Mall Into 40-Storey Residential Project

Sponsored Features

How Data Leadership Can Prepare Real Estate Companies for Big Data and AI in 2023
OpenSpace Capture
OpenSpace Capture Provides On-the-Ground Eyes at US Government Building Projects
Malls and Megaprojects from Hong Kong to Beijing Triumph at PropertyGuru Awards Show

More Sponsored Features>>

Connect with Mingtiandi

  • Facebook
  • LinkedIn
  • RSS
  • Twitter

Real Estate News

  • Capital Markets
  • 2022 Event Calendar
  • MTD TV Archives
  • People
  • Logistics
  • Data Centres
  • Asia Outbound
  • Retail

More Mingtiandi

  • About Mingtiandi
  • Contact Mingtiandi
  • Mingtiandi Membership
  • Newsletter Subscription
  • Advertise
  • Terms of Use
  • Privacy
  • Join the Mingtiandi Team


© 2007-2023 China Advertising Media Ltd (Samoa). All rights reserved.

  • This field is for validation purposes and should be left unchanged.