McDonald’s may not get a break today, but the fast food giant appears close to selling off its China stores to a consortium led by Carlyle and Citic according to news reports that value the transaction at u to $3… Read More>>
Blackstone, GIC Among Likely Bidders for $1.8B India Deal and More Asia Real Estate Headlines
Some of the world’s biggest real estate investors may be competing for a rare chance for a $1.8 billion stake in one of India biggest property developers, while back in China the government is setting out new rules for foreign… Read More>>
Carlyle to Sell Shanghai’s Central Plaza to Vanke for $369 Mil
China Vanke plans to buy the Central Plaza office tower in Shanghai from Carlyle Group for RMB 2.46 billion ($368.94 million), according to media reports. Should the deal be completed it would be the third time the building has changed… Read More>>
Carlyle Keeps Focus on China Logistics After $460M July IPO
Carlyle Group’s head of real estate for Asia says the US private equity giant plans to keep looking for opportunities in China’s logistics sector, following the successful July IPO of China Logistics Property Holdings.
The Shanghai-based warehouse developer raised nearly… Read More>>
Dalian Wanda on the Hunt for Hollywood Studios and More Asia Real Estate Headlines
China’s richest man remains determined to go Hollywood, as Dalian Wanda boss Wang Jianlin revealed this week that he plans to buy a top US movie studio. Another headline grabber is back in the news today with Anbang Insurance reportedly… Read More>>
GIC Could Be Biggest Asian Loser From Brexit and More Asia Real Estate Headlines
Global real estate markets are likely to spend this week figuring out the impact of Brexit with Asian investors, including GIC facing some of the biggest worries, while agencies in Hong Kong are already reporting brisk sales of London projects… Read More>>
Evergrande Shares Follow Profits South After Deal Spree and More China Real Estate Headlines
China’s most indebted developer dug itself in even deeper today, and investors punished the company’s stock today after core profit slid nine percent. Plus, Carlyle raises money to for an Asian acquisition drive and that big developer with the falling… Read More>>
Carlyle-Backed Logistics Developer Yupei Plans $300M Hong Kong IPO
A warehouse builder backed by US private equity giant Carlyle Group looks set to be the next Chinese logistics developer to cash in on the country’s demand for shed space, according to a report today in Bloomberg.
Shanghai Yupei Group… Read More>>
Chinese Budget Operator Bidding for Carlyle’s $1.1B French Hotel Chain
Chinese budget hotel operator Green Tree Inns is said to be pursuing a bid of as much as €1 billion ($1.07 billion) for an 80 percent stake in a French hotel brand currently held by US private equity giant Carlyle… Read More>>
Carlyle & CLSA Sell Shanghai Office Building to Yuexiu REIT for RMB 2.63B
A company belonging to private equity firms Carlyle Group and CLSA Capital Partners has sold an office tower in Shanghai’s Pudong district to Hong Kong-listed Yuexiu REIT for RMB 2.63 billion ($423 million).
Yuexiu REIT, which is controlled by Guangzhou-based… Read More>>