In today’s roundup of regional news headlines, Shimao’s shares jump on reports that the troubled developer is selling all of its projects, the chairman of one of China’s biggest insurers is under investigation for corruption, and Joseph Lau’s Chinese Estates… Read More>>
China Life Opens the First Tower on Beijing’s Superblock
State-owned insurance giant China Life officially opened the China Life Financial Center in Beijing this week, the first of 15 “superblock” towers to be built as the latest phase of the capital’s CBD development masterplan.
“The China Life Financial Center… Read More>>
Warburg Pincus JV Commits $400M to Build India Malls and More Asia Real Estate Headlines
Shopping leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that a major US private equity firm is entering what is planned as a $1 billion shopping mall JV in India, while in China, a… Read More>>
Shui On in $1B China Commercial Property JV With Manulife, China Life
Hong Kong-listed developer Shui On Land has announced that it is partnering with two insurance giants to invest in commercial real estate ventures in China as it continues to lean on financial services companies to rebuild its mainland portfolio.
The… Read More>>
China Life Teams With China Resources Land for RMB 15B Shanghai Fund
Chinese government-backed China Resources Land announced to the Hong Kong Exchange on Friday that it has teamed up with Shanghai Land and China Life Insurance to launch an RMB 15 billion ($2.7 billion) real estate investment fund. The information was… Read More>>
Asia Real Estate People in the News 2018-04-23
Leading today’s roundup of people news, a retail specialist has rejoined CapitaLand’s mall development arm in Shanghai after a stint at Pradera Retail Asia, and a senior housing pro is jumping from one Chinese insurance behemoth to another. The flexible… Read More>>
Anbang Moving Ahead with Waldorf Condo Conversion and More Asia Real Estate Headlines
Anbang’s days as a major player in global real estate markets may be over, but the hangover from its buying binge is being felt in New York, as news today confirms that the now government-controlled Chinese insurer is moving ahead… Read More>>
Deutsche AM Sells Dalian Office Tower to China Life
Deutsche Asset Management has sold Xiwang Tower, a grade A office building in the northeastern Chinese city of Dalian, to mainland financial services giant China Life. The asset management arm of Deutsche Bank disposed of the 40-storey, grade A tower… Read More>>
Tencent, Sequoia and China Life Lead $2.5B Financing Round for JD Logistics
It’s been less than 10 months since JD.com launched its own logistics business, but the warehousing and shipping subsidiary of China’s second-largest ecommerce player has already raised $2.5 billion from some of the mainland’s biggest investment firms, according to an… Read More>>
GLP Forms $1.6B China Value-Add Warehouse Fund with China Life
Asia’s largest warehouse developer is teaming up with state-owned insurer China Life to form a new RMB 10 billion ($1.6 billion) value-add fund targetting logistics opportunities in China.
The vehicle marks the first China value-add fund for Singapore-based Global Logistic… Read More>>