Asia real estate and outbound investment news
ACR Asset Management has reeled in one of Japan’s biggest developers, Mitsubishi Estate, to invest in a building in Beijing’s Zhongguancun area recently acquired by the GLP-backed real estate fund manager.
ACR, founded by former Cushman & Wakefield greater China… Read More>>
Beijing’s investment market is showing further signs of life after a local insurer paid RMB 9.06 billion ($1.4 billion) for the SK Tower in the capital’s central business district, marking the biggest transaction for an office building in China during… Read More>>
GLP-backed ACR Asset Management on Thursday revealed its acquisition of the Beijing Diamond Plaza building in the Chinese capital’s primary technology hub.
Founded by Edward Cheung, the former chief executive for Greater China at Cushman & Wakefield, newcomer ACR bought… Read More>>
China’s fast-growing digital economy continues to show its impact on the real estate market, as a local fund manager this week announced a deal to acquire an office building in Beijing’s Zhongguancun area that until recently was home to one… Read More>>
As China’s economy showed signs of recovery in the final months of 2020, Beijing’s office market saw a wave of fresh supply and an upsurge in absorption as tech firms led a flurry of leasing demand, according to a report… Read More>>
Following a client uprising over the weekend that drove rumours of bankruptcy early this week, Beijing-based rental platform Danke Apartment may be in line for a buyout, according to local media reports.
Listed on the New York Stock Exchange as… Read More>>
Sigma Delta Partners Investment (“SDP Investment”) has formed a joint-venture with an international institutional investor and completed the acquisition of the U-Show Plaza mixed-use project in Beijing.
The purchase ranks as one of the largest real estate transactions in Beijing… Read More>>
GDS Holdings has set up a RMB 2.6 billion ($371 million) joint venture with a private fund management unit of state-run investment firm CITIC to develop a new data centre in suburban Beijing, as the mainland server facility specialist ramps… Read More>>
A mainland property investment group which once spent $449 million to buy control of the Seaworld amusement park group from Blackstone, saw one of its prized assets sold on Taobao this past week, as China continues to sweep up the… Read More>>
Singapore’s GIC is spending RMB 8 billion ($1.15 billion) to ramp up its Beijing office portfolio by making the Chinese capital’s biggest office acquisition since early last year.
The sovereign wealth fund said in an announcement that it has acquired… Read More>>
