China’s big buyout week continues to dominate the headlines today as a Shanghai-based developer plans a $2 billion buyback of its Hong Kong-listed shares. That deal comes as Dalian Wanda and Sunac trade places near the top of the mainland’s… Read More>>
Asia Real Estate People in the News 2017-05-01
As we move into May the Asia Pacific region’s crew of property professionals continue to find new and more challenging roles. Topping this week’s list is an executive at the world’s largest asset manager who now adds COO to his… Read More>>
BlackRock Buys Shanghai Office Tower for $199M
The world’s largest asset manager has just bought a piece of Shanghai’s office market as demand for real estate assets in China’s commercial capital continues to grow.
BlackRock has paid RMB 1.37 billion ($199 million) to Hong Kong Shanghai Alliance… Read More>>
CapitaLand and BlackRock Said in Exclusive Talks for Singapore’s Asia Square 2
Singapore’s CapitaLand is in exclusive talks to acquire the 1,220,000 square foot (113,350 square metre) Asia Square Tower 2 in Singapore’s Marina Bay from BlackRock Real Estate Fund III, according to sources familiar with the transaction.
The 46-storey Asia Square Tower… Read More>>
BlackRock Tracks Chinese Assets From Outer Space and More Asia Real Estate Headlines
Getting information on the China market can be tough, but leading the news today is a report that asset manager BlackRock now suggests that investors may have to travel halfway to the moon for clearer answers on mainland businesses. Also… Read More>>
Asia Real Estate People in the News 2017-02-20
Asset management seems to be the field to pursue if you want a new job this week, as BlackRock promotes a ten-year veteran to a regional leadership role, and a German institution selects a new head for its Asian operations…. Read More>>
BlackRock Said To Put Asia Square 2 On Market for $1.4B as Site Next Door Brings $1.9B Bid
A commercial site in Singapore’s Marina Bay financial district brought a record bid of S$2.6 billion ($1.9 billion) today as enthusiasm for office projects revives in the southeast Asian financial hub. And Blackrock may be counting on the interest that… Read More>>
CapitaLand REIT Buys Chengdu Mall From BlackRock for $226M
A real estate investment trust managed by Singapore’s top developer will acquire a shopping mall in Chengdu from BlackRock for RMB 1.5 billion ($226 million), at a time when China’s retail property sector is struggling in the face of oversupply… Read More>>
BlackRock Confirms Sale of Asia Square Tower 1 for S$3.4Bil
BlackRock has confirmed the sale of Asia Square Tower 1 to the Qatar Investment Authority (QIA) for S$3.4 billion ($2.45 billion). The US alternative investment manager and the Qatari sovereign wealth fund announced the sale in a joint release this… Read More>>
BlackRock Said Selling SG Office Tower to Qataris for Record $2.6Bil
BlackRock is said to be on the cusp of selling Asia Square Tower 1 to the Qatari Investment Authority (QIA) for a record S$3.5 billion ($2.6 billion).
An agreement on the sale of the 1.29 million square foot (120,000 square… Read More>>