Asia real estate and outbound investment news
Shares of debt-stricken China Evergrande saw a brief surge Monday after the developer sought to ease investor anxiety by announcing that work had resumed on more than 10 residential projects in six cities of Guangdong province.
In a WeChat post… Read More>>
Beijing-based private equity firm Sino-Ocean Capital is tapping the financial resources of one of the world’s biggest sovereign wealth funds to set up a $1.4 billion China office fund seeded with two projects acquired from parent Sino-Ocean Group.
The new… Read More>>
Singapore-listed CapitaLand China Trust Management (CLCT) has acquired four warehouse assets across key cities in China for RMB 1.68 billion ($260 million) as the company makes its first venture into the region’s logistics market in line with CapitaLand Group’s growing… Read More>>
GLP said last week that it has closed on its China Office Value Add Fund I, the first urban renewal fund in the country for the Singapore-based warehouse specialist.
The establishment of the fund reflects the strategy of GLP China… Read More>>
LaSalle Investment Management on Thursday announced the $972 million final closing of the LaSalle China Logistics Venture fund, the Chicago-based fund manager’s first dedicated China logistics vehicle.
The completion of the capital raise comes as LCLV and its co-investment vehicle… Read More>>
As Asia Pacific’s hospitality industry struggles to put COVID-19 in the rearview mirror and lure back wary guests, Hilton is trying to get a jump on the market with the launch of a large-scale franchise model in China and a… Read More>>
GLP, Asia Pacific’s biggest warehouse builder and fund manager, on Wednesday announced a first closing of its China Logistics Fund III at $1.75 billion, representing the lion’s share of the development vehicle’s $2 billion target.
The freshly-committed capital will go… Read More>>
JD.com’s real estate division has agreed to buy a controlling stake in Hong Kong-listed China Logistics Property Holdings, giving the e-commerce giant an opportunity to beef up its portfolio of distribution centres amid consolidation and rising rents in the warehouse… Read More>>
China continued its reign as Asia Pacific’s biggest real estate market in the second quarter with $12.4 billion in property investments, a total that was up 6 percent compared with the same period in 2020, according to Real Capital Analytics.
Hong Kong-listed ESR on Monday announced the creation of a China logistics development fund with capital commitments from Dutch pension fund manager APG Asset Management and Singapore sovereign wealth fund GIC, targeting up to $4 billion in investment capacity.
The… Read More>>
