Asia Pacific real estate investment news and information
Shui On has agreed to sell a 49 percent stake in its mixed-use Knowledge and Innovation Community (KIC) project in Shanghai for RMB 2.95 billion ($443.1 million), as chairman Vincent Lo continues to bail out the developer’s balance sheet.
Through… Read More>>
China’s sovereign wealth fund and its largest insurer are backing a consortium of investors to buy the biggest parking operator in North America in a deal estimated to top $1 billion, the companies revealed last week.
A unit of China… Read More>>
Leading mainland insurer China Life is taking a 95 percent stake in a portfolio of US logistics and manufacturing centres, business parks and healthcare facilities valued at nearly $1 billion, as the Chinese giant continues to show a taste for… Read More>>
Leading today’s news, China’s largest insurer has some big plans for overseas acquisitions, while one of the country’s biggest developers is still working on not becoming an acquisition. Also in the headlines, Kaisa is back from the dead zone and… Read More>>
It’s safe to say new China Life Insurance Chief Financial Officer Zhao Lijun has a lot on his plate now that he has received approval from the China Insurance Regulatory Commission and finally gotten to work. The firm announced a… Read More>>
Companies controlled by Hong Kong billionaire Li Ka-shing have sold the Century Link commercial complex in Shanghai’s Pudong district for RMB 20 billion ($2.96 billion) according to statements to the Hong Kong stock exchange. The transaction sets a 2016 high-water… Read More>>
China Life Insurance has followed through on its promise to ramp up outbound real estate investment efforts by acquiring a $2 billion stake in a portfolio of US hotels from Starwood Capital Group.
According to a statement by Starwood Capital to NASDAQ,… Read More>>
In today’s real estate headlines even one of Hong Kong’s most established property tycoons is feeling the pressure as the city’s land prices soar at the same time that home prices slide. Meanwhile, the city’s biggest developer denies reports it… Read More>>
China Life, the Beijing-based insurer with major property holdings in the US and Britain, is looking to ramp up its outbound real estate investments, the company told reporters late last week, on the heels of announcing a 67 percent plunge… Read More>>
Some of the region’s largest real estate investors and developers made board-level changes in their teams this week, including a new CEO appearing at NYSE-listed developer Xinyuan Real Estate. We also found a new CFO appearing at Savills Investment Management,… Read More>>
