Global Logistic Properties, which is still in the process of being acquired by a mainland investment consortium, has expanded into Europe by acquiring a portfolio of Gazeley-branded logistics facilities from Brookfield for $2.8 billion, according to an announcement today by… Read More>>
Brookfield and CIC Team Up For $2.7B Purchase of IFC Seoul
Canadian investment shop Brookfield Asset Management got one over on Stephen Schwarzman and his Blackstone Group beating out the US-based firm to acquire the International Finance Centre Seoul from AIG Global Real Estate. The bid, which is said to be… Read More>>
Brookfield Sells WeWork’s European HQ to HK’s Kingboard for $331M
For the second time this year, WeWork’s leasing covenant in London will be tested after Brookfield Property Partners sold a building that houses the startup’s European HQ to Hong Kong-based Kingboard Chemical Holdings for £271 million ($331 million). The co-working… Read More>>
Brookfield Agrees to Buy $1B in Indian Commercial Assets
Brookfield Asset Management continues to bet on India’s property sector as the Canadian investment firm has reportedly agreed to pay Rs 67 billion ($1 billion) to buy 4.5 million square feet (418,000 square metres) of prime commercial space from a… Read More>>
Wanda Expects Culture Revenues to Rise 30% in 2016 and More Asia Real Estate Headlines
China’s richest man has high hopes for his company’s investments in cinema, sports and theme parks, with Wang Jianlin predicting that revenues from Dalian Wanda’s cultural division will rise 30 percent this year. One of Canada’s biggest investors, however, is… Read More>>
Blackstone Linked to $2.1B in Potential Korean Property Acquisitions
Blackstone could be on the verge of acquiring $2.1 billion in Korean real estate assets, if two reported deals come through for the US alternative investment giant.
Already the biggest landlord in the US, Blackstone is said to have been… Read More>>
Greenland Sydney Project Loses Builder, Chinese Developer Promises to Keep Schedule
Shanghai’s Greenland Group has parted ways with the builder hired to construct the A$700 million ($501 million) Greenland Centre Sydney with work on the 235-metre tower scheduled to start this month.
The state-run Chinese developer and Brookfield Multiplex this week… Read More>>
Goodman Leases 57,000 Sqm of Warehouses to Decathlon
Australian industrial developer Goodman scored some points in China’s increasingly competitive logistics market last week when it signed two new agreements to lease 57,000 square metres of warehouse space to Decathlon.
China’s once sleepy warehouse real estate sector has grown… Read More>>
Logistics Developer Gazeley Now Part of $3.5B Global Group
Brookfield, one of the world’s largest owners, operators and investors in best-in-class real estate around the globe, this week announced the creation of a new brand for its $3.5bn global logistics property platform.
The group, which is now called IDI… Read More>>
Brookfield to Invest US$750 Mil in Xintiandi – Today’s China Real Estate Links | November 1, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
Brookfield Property Partners L.P. BPY has reached an agreement under which BPY along… Read More>>
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