As asset management giant BlackRock ramps up its activities in China, the US-based firm has appointed real estate investment veteran Connie Peng as Head of BlackRock Real Estate for the country, according to sources familiar with the company’s management who… Read More>>
E-commerce giant Alibaba continues to assemble its offline retail empire by expanding into home furnishings. Just before China’s lunar new year holiday the tech behemoth invested approximately RMB 5.45 billion ($866 million) for a 15 percent stake in Easyhome (居然之家),… 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>>
Chinese retail developer and operator Sasseur Group, which is backed by Ping An Real Estate and Warburg Pincus, plans to cash in on its collection of four mainland outlet malls by listing a real estate investment trust on the Singapore… Read More>>
Global brokerage Colliers International is reshuffling its leadership team in China, naming an industrial and consulting veteran as head of West China while revealing that another top executive is now co-head of the company’s China business.
Colliers has appointed Sean… Read More>>
Property developer China Jinmao is teaming up with British educational charity Eden Project International to build the world’s highest indoor waterfall in the northeastern city of Qingdao.
Through the deal, Shanghai-based China Jinmao will help the UK foundation set up… Read More>>
China has struck another blow in the battle for affordable housing, with the Shenzhen stock exchange giving the green light for developer Country Garden to launch RMB 10 billion ($1.6 billion) worth of asset-backed securities linked to rental apartments.
The… Read More>>
China’s co-working market is getting crowded, but a pair of global investment heavyweights are betting that there’s still room for another flexible office brand. Atlas, a Chinese provider of innovative workspaces affiliated with Agile Property, has won a long-term strategic… Read More>>
Hong Kong tycoon Li Ka-shing is reported to be seeking buyers for a sprawling, partly completed residential and commercial project in the western Chinese city of Chongqing, with an asking price of RMB 20 billion ($3 billion), according to an… Read More>>
Asia’s fast-growing flexible office sector has chalked up another merger, with Shanghai-based naked Hub acquiring local rival Raise Office, a co-working operator with four centres in the mainland financial hub.
Through the recently-announced deal, the set of Raise Office properties… Read More>>