In today’s roundup of regional news headlines, a pricey piece of Hong Kong land picks up five bids at a government tender, luxury brand Prada plans to exit one of its largest Shanghai storefronts, and Singapore’s Keppel Corp assumes full… Read More>>
China’s CIC Invests $700M in Brookfield’s 1 New York Plaza
Mainland sovereign wealth fund China Investment Corporation has made its first significant US real estate investment, acquiring a 49 percent interest in the 1 New York Plaza office tower from Brookfield Property Partners for $700 million, according to reports in… Read More>>
Shui On Sells Shanghai Project for RMB 3.32 Bil – 2nd Sale in 1 Week
Real estate developer Shui On Land is selling its 5 Corporate Avenue project in Shanghai for RMB 3.32 billion ($545 million), the second asset sale by the developer in a week.
According to a December 4th statement by the Shanghai-based… Read More>>
Shui On Land Sells Stake in Xintiandi Unit to Brookfield
Shanghai-based real estate developer Shui On Land announced last week that it had reached agreement with Brookfield Property Partners L.P that paves the way for an investment of up to $750 million into Shui On’s China Xintiandi subsidiary.
The deal… Read More>>
Could Changsha’s Sky City Spell Doom for China’s Economy? – and more of Today’s China Real Estate Links | August 8, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
If the Skyscraper Index maintains its track record, then China should… Read More>>
China’s Warehouses Get Sexier as Brookfield Acquires Gazeley
China’s most boring real estate sector got a bit of love last week when Canadian commercial real estate firm, Brookfield Property Partners agreed to acquire logistics developer Gazeley for an undisclosed amount. Gazeley is a major developer of warehouses, and… Read More>>
Brookfield Property Partners Acquires Logistics Developer Gazeley – and more of Today’s China Real Estate Links | June 13, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
Brookfield Property Partners today announced the acquisition of logistics developer EZW Gazeley Limited from… Read More>>