Asia Pacific real estate investment news and information
Ending days of speculation and months of negotiations, Blackstone Group on Friday confirmed an agreement to sell its Logicor European logistics platform to China Investment Corporation (CIC) for €12.25 billion ($13.82 billion).
The sale by a set of funds controlled… Read More>>
Anbang Group has forged another deal with Blackstone, buying an Amsterdam hotel from the US private equity giant for €350 million ($391.6 million), Dutch real estate news site PropertyNL has reported. The deal marks Anbang’s latest acquisition from Stephen Schwarzman’s… Read More>>
China Investment Corporation (CIC) is poised to acquire Blackstone’s European logistics platform for over 12 billion euros ($13.4 billion), UK property news website The Estates Gazette reported on Monday.
The mainland sovereign wealth fund has reportedly moved ahead of rivals… Read More>>
Once a step away from controlling China’s largest property developer, Baoneng Group’s Foresea Insurance is now on the brink of default, according to an account in the FT today. Also in the news, Blackstone warns of an end to a… Read More>>
Leading the news this morning, proving that there is life after China’s capital controls, the Blackstone Group has brought in nearly half of billion dollars by selling a stake in SeaWorld to a mainland buyer. Some other would-be sellers have… Read More>>
Singaporean property developer Tuan Sing Holdings has agreed to purchase the Sime Darby Centre commercial building from Stephen Schwarzman’s Blackstone and Malaysia’s Sime Darby Group for S$365 million ($260 million), according to a statement from Tuan Sing to the Singapore… Read More>>
News of rising interest rates bounced off the bulletproof confidence of Hong Kong home buyers last month like facts being flung aside at a Washington press conference, as home sales in the Asian financial hub leapt 44 percent compared to… Read More>>
Over the last two years, US private equity giant Blackstone has already sold more than $17 billion in US properties to Asian investors. Now America’s biggest landlord is putting €13 billion ($14.1 billion) in European warehouses on the block, and… Read More>>
Leading the region’s real estate news today, Stephen Schwarzman’s attic must be emptying out quickly as the Blackstone boss sells yet another holding to a Chinese firm – and simultaneously redirects some angry phone calls from animal rights activists. Also… Read More>>
America’s biggest landlord leads Asia’s real estate news today as Blackstone is reportedly putting a Singapore office asset on the market less than a year after purchasing it. Also in the headlines, unhappy buyers of homes in Country Garden’s Malaysian… Read More>>
