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>>
Investment Firm Led by Former C&W Boss Buys Beijing R&D Building From Sino-Ocean
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>>
GoHigh Teams with Jinmao, Beijing Capital to Buy Former Kuaishou HQ for $410M
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>>
Beijing Office Market Added 250k Sqm of Space in Q4 as Vacancy Edged Up
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>>
Troubled Mainland Apartment Platform Danke Said Headed for Buyout
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>>
SDP Investment Joint Venture Acquires Beijing Office Complex for $530M Project Sponsored Feature
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, CITIC Fund Take on 63MW Data Centre in Beijing
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>>
China Orient Asset Management Buys Unfinished Beijing Tower for RMB 3.3B on Taobao
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 Buys LG Group’s China HQ for RMB 8B
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>>
Transforming Passenger Terminals into Airport Cities in Beijing and Hong Kong Sponsored Feature
China’s capital has already begun to take the wrapping off of the country’s newest transport hub and the phased roll out of Beijing Daxing airport is bringing to the city not just four new runways, but a new terminal… Read More>>
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