CapitaLand has formed a 50:50 joint venture with US real estate private equity firm AEW to acquire 70 percent of the Pufa Tower in Shanghai’s Lujiazui financial district from a vehicle controlled by HNA Group for RMB 2.75 billion ($402… Read More>>
AEW Sells Central Serviced Apartment Block for Reported HK$240M
US real estate private equity firm AEW has reportedly sold a 14-storey boutique serviced apartment building in Hong Kong’s Central district for HK$240 million ($30.66 million), that it had held for just three years, according to a person with knowledge… Read More>>
AEW JV Buys Beijing Office Tower From Hopson for RMB 4.5B — Exclusive
A joint venture led by real estate investment manager AEW has purchased a 21-storey office tower in Beijing for a total compensation of RMB 4.5 billion ($654 million), according to sources familiar with the transaction who spoke with Mingtiandi.
AEW joined… Read More>>
AEW Holds Final Close of Third APAC Value-Add Fund at $1.12B
Global real estate investment manager AEW has achieved the final close of its third Asia Pacific value-added fund with total commitments of $1.12 billion, far surpassing its $750 million fundraising target.
An array of US and Europe-based public and private… Read More>>
Florida Pension Fund Bets $100M on Asia Property with AEW and More Asia Real Estate Headlines
Leading today’s roundup, Florida’s state pension fund is betting $100 million on Asian real estate via a vehicle of Boston-based AEW Capital Management. Also in the headlines, Macau’s Galaxy Entertainment Group is coming to terms with a cleanup of the… Read More>>
AEW Reveals $226M Deal for CapitaLand’s Shanghai Office Tower
AEW Capital Management has been revealed as the buyer behind a recent $226 million (RMB 1.5 billion) deal for Shanghai’s Innov Tower, it was reported today. The Boston-based real estate private equity firm picked up the fully leased office tower… Read More>>
AEW Flips Shanghai Office Building to Ascendas-Singbridge for Reported RMB 1.35B
Ascendas-Singbridge has purchased an office tower near Shanghai’s People’s Square from US real estate private equity firm AEW, as the Singaporean player seeks to expand its mainland portfolio.
The developer jointly owned by Singapore’s Temasek Holdings and JTC Corporation purchased… Read More>>
China’s CIC and AEW Team Up to Buy Two French Malls From Grosvenor for $206M – Exclusive
China Investment Corporation (CIC) decided a little retail therapy was in order after announcing it had recorded a loss on overseas investment in 2015 a few months back. For the sovereign wealth fund this shopping binge meant investing €188 million ($206… Read More>>
CIC Teams with AEW to Close on $1.44B European Mall Portfolio
China Investment Corporation (CIC) has joined with investment manager AEW Europe to acquire a fleet of 10 malls in France and Belgium from CBRE Global Investors for €1.3 billion ($1.44 billion).
The retail acquisition is believed to be the largest… Read More>>
China Real Estate People in the News 2014-04-14
This week three private equity veterans jump ship and the eastern China head of one of the global agencies steps up to a national level. Find out who’s doing what in China’s real estate industry by reading on.
Claire Chan… Read More>>
