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William Tay, CEO of Ascendas REIT

Ascendas REIT Buying 7 Chicago-Area Warehouses From Blackstone for $99M

2022/05/10 by Christopher Caillavet Leave a Comment

Ascendas REIT has made its second foray into the US industrial market, with the Singapore-listed trust agreeing to acquire a portfolio of seven Chicago-area logistics properties for S$133.2 million ($99 million).

The seven assets span 132,344 square metres (over 1.4… Read More>>

wang jianlin

Dalian Wanda Sells Chicago Project for $270M to Close Out Global Portfolio 

2020/08/02 by Skye Li Leave a Comment

Dalian Wanda Group last week announced that it had agreed to sell its 90 percent stake in a Chicago property project for $270 million, closing out the last of an overseas property portfolio that once included projects in the US,… Read More>>

Mirae Selling Chicago Office Tower for $225M and More Asia Real Estate Headlines

2020/03/12 by James Hatton Leave a Comment

A Chicago office block leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a South Korean investor is offloading the 31-storey property for $225 million – just $7 million more than its acquisition… Read More>>

Gaw, Sino-Ocean and Huarong Partner to Buy Chicago’s Soho House for $95M

2018/04/23 by Greg Isaacson 1 Comment

A room for a night at Soho House Chicago will set you back about $365. Membership in the posh private club at the same address will cost you at least $2,100 per year. Or you can buy the whole building… Read More>>

Amy Curry GLP

GLP Expands US Footprint with Two Chicago Acquisitions

2017/02/08 by Mingtiandi Team Leave a Comment

Amid recent reports of Global Logistic Properties (GLP) fielding offers for its $8.9 billion business, the Singapore-listed warehouse developer continues to expand its United States footprint by securing 42,000 square metres of logistics space through two acquisitions in the Chicago… Read More>>

Chen Feng HNA

China’s HNA Adds to $14B US Total with $360M Chicago Office Deal

2017/02/01 by Michael Cole Leave a Comment

HNA Group is reportedly acquiring a 50-storey Chicago office tower for nearly $360 million as the mainland conglomerate adds to its tally of more than $14 billion in US acquisitions over the past year.

An HNA affiliate has agreed to… Read More>>

Public Chicago Hotel

Gaw Capital Buys Chicago Hotel for $60M

2016/08/01 by Michael Cole Leave a Comment

Hong Kong-based Gaw Capital has made its latest purchase of a US property asset after the cross-border real estate private equity specialist last week acquired a 285-room Chicago boutique hotel, together with a partner for $60 million.

A US subsidiary… Read More>>

Wanda Vista Tower

Dalian Wanda Sells 20% of Units in $1Bil Chicago Project

2016/06/05 by Bruce Haring 1 Comment

Dalian Wanda Group is off to a strong start on its first luxury hotel-residential joint venture in the third-largest city in the US, with its development partner reporting that 20 percent of its available condominiums were sold since the project’s… Read More>>

Dalian Wanda Chicago

Wang Jianlin’s Wanda Buys 90% of $900M Chicago Project

2014/07/09 by Michael Cole 1 Comment

Dalian Wanda, the real estate developer owned by China’s richest man, reportedly has acquired a site in Chicago to develop a $900 million mixed-use residential, hotel and commercial complex.

The development project in Chicago’s Lakeshore East area is the third… Read More>>

311 S Wacker Drive Chicago

Chicago Leads World’s Cities for Outbound Chinese Real Estate Investment in Q1

2014/05/07 by Michael Cole Leave a Comment

While cosmopolitan gateway cities have dominated the headlines about China’s wave of outbound investment in property, a distinctly middle-American metropolis beat out London by 33 percent and smoked Sydney by 91 percent in the race to attract Chinese capital during… Read More>>

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NYSE-listed Ares Management is expanding its footprint in Asia with plans to establish an office in Japan next year, as … Read More>>

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Lin Feng CIFI

A defaulting mainland China developer leads Mingtiandi’s first roundup of personnel moves for December with CIFI … Read More>>

C&W Promotes Mandy Qian to Lead Greater China Business Development

Mandy Qian of Cushman & Wakefield

Cushman & Wakefield has promoted Mandy Qian to head of business development services for Greater China, taking over … Read More>>

CBRE Promotes Tom Gaffney to President of North Asia Advisory, Succeeding Ben Duncan

Tom Gaffney

CBRE has elevated Tom Gaffney to president of the firm’s North Asia advisory business, with the post’s current holder, … Read More>>

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