Asia real estate and outbound investment news
LaSalle Investment Management has broken ground on five new logistics developments that will deliver 359,000 square metres of new warehouse space to China by July next year, according to an announcement by the company.
The set of high-spec sheds will… Read More>>
CapitaLand has entered into an agreement to offload three mainland community malls to CapitaLand Retail China Trust (CRCT) for RMB 2.96 billion ($430 million), according to an announcement to the Singapore stock exchange.
This is the second divestment of China… Read More>>
A Singapore mall leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that two major property developers have paid the S$400M bill for their joint shopping expedition, while a Hong Kong-based private equity firm… Read More>>
China Evergrande Group has acquired American in-wheel electric motor company Protean for an undisclosed sum, as China’s second largest property developer by sales ramps up efforts to become a leader in the alternative energy vehicle industry.
The Guangdong-based developer made… Read More>>
Commercial real estate investment in Asia Pacific reached $45 billion during the first three months of the year, setting a new first quarter high, according to a new report released by property consultant JLL.
Transactions in China drove the spike,… Read More>>
After selling a pair of mainland commercial properties late last year for a combined RMB 5.56 billion, Singapore’s ARA Asset Management this month entered into a joint venture to buy a Chengdu retail property from a Tishman Speyer-managed fund.
For… Read More>>
China Vanke Co, China’s second-largest real estate developer in 2018 by contracted sales, has announced a senior management reshuffle that sees Wang Wenjin promoted to group chief financial officer.
52 year-old Wang has taken over Vanke’s top finance job from… Read More>>
Allianz Real Estate is investing $600 million into China and Japan real estate investment funds managed by logistics real estate developer and fund manager GLP, according to an announcement today by the two companies.
In its statement, Allianz Real Estate,… Read More>>
Asset management giant BlackRock on Wednesday named veteran finance executive Tony Tang as its new head of China, as the US-based firm continues to ramp up its presence in the world’s second-largest economy.
The 46-year-old, who since May last year… Read More>>
Warburg Pincus-backed Mofang Apartments has closed on a $150 million funding round, led by Canadian fund manager, Caisse de dépôt et placement du Québec (CDPQ), according to an announcement on Monday by the Shanghai-based apartment provider.
Mofang, which manages 70,000… Read More>>
