Asia real estate and outbound investment news
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>>
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>>
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>>
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>>
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’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 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>>
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>>
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>>
As tycoon Wang Jianlin’s Dalian Wanda stares down $1.7 billion in overdue offshore debts, the country’s top planning body took at least one foot off the billionaire’s neck by issuing a permit for an offshore bond sale by the troubled… Read More>>
