China Vanke is now the proud owner of a Shanghai business park after agreeing to purchase A-REIT City@Jinqiao from Ascendas Real Estate Investment Trust for S$228.1 million ($163.5 million). The purchase will see the real estate investment trust controlled by… Read More>>
Goodman Buys Shanghai Logistics Center From A-REIT for $19M
Singapore-listed Ascendas REIT is selling a logistics center just outside Shanghai to Goodman Group as the Australian industrial developer expands its China portfolio. Ascendas REIT, also known as A-REIT, said in a filing to the Singapore Stock Exchange last week… Read More>>
Dalian Wanda Boosts HK Buyout Offer to $4.4B and More Greater China Real Estate Headlines
China’s richest man has upped his offer to buy back the Hong Kong-listed shares in Dalian Wanda Commercial property, plus Hong Kong home priced bounced back in April while credit agencies sound warnings over recent mainland site pricing and the… Read More>>
Singapore Inc Acquired RMB 2.33 Bil in China Real Estate Last Week
It was a busy week in China for Singapore’s government linked property companies, as both CapitaMalls Asia and Ascendas’ A-REIT announced real estate acquisitions totalling RMB 2.33 billion.
CapitaMalls Asia, which is part of the CapitaLand Group, announced on Monday… Read More>>
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