Asia real estate and outbound investment news
UK-based fund manager Actis has taken a majority stake in China-focused data centre specialist Chayora Holdings with a $180 million investment.
The London-headquartered firm, which is providing the capital through its Actis Asia Real Estate Fund and other managed investment… Read More>>
Just months after Canada fired its ambassador to China for questioning his country’s approach to the US-Huawei dispute, the North American country’s chosen replacement is facing questions of potential conflicts of interest surrounding his wife’s role as head of Blackrock… Read More>>
KKR has partnered up with a Shanghai-based fund manager to acquire a commercial development near the city’s historic Bund waterfront, according to people familiar with the matter.
The US private equity pioneer is making the investment through a joint venture that… Read More>>
Sweden’s IKEA will plough RMB 10 billion ($1.41 billion) into its China operations in the upcoming 2020 fiscal year, in a bid to upgrade and expand its store network and boost its e-commerce offerings in the country.
The planned investment… Read More>>
China’s commercial real estate market has been the second-most liquid in the world this year, driven by an increase in both foreign and domestic investment.
Commercial real estate transaction volumes in China hit a record high of US$25 billion in… Read More>>
When a manufacturing facility involves tens of millions of dollars in equipment, keeping production running 24 hours a day is critical to ensuring a return on capital invested. However, a German manufacturer in China discovered that this all-out drive for… Read More>>
Mainland rental housing operator Lejia ended weeks of speculation by announcing through the company’s official WeChat account this past week that it has “ceased operation, closed down all business, and let go of most of its staff.”
Three-year-old Lejia, which… Read More>>
Hongkong Land, known as the biggest landlord in Hong Kong’s Central district, has posted half-year underlying profits of $466 million, a two percent increase on the same period last year, according to a stock exchange announcement.
“The solid performance from… Read More>>
Real estate transaction volumes in Asia Pacific hit a historic high of $86 billion in the first half of 2019, an increase of six percent year on year, despite property investment dropping by nineteen percent globally, according to a recent… Read More>>
Just three days after announcing a plan to dispose of 40 real estate projects in China, Future Land confirmed in a filing to the Hong Kong Stock Exchange on July 24 that it has executed equity and debt transfer agreements… Read More>>
