Asia Pacific real estate investment news and information
The long-awaited listing of Shui On Land’s Xintiandi unit has faltered at the final hurdle, with the Shanghai-based developer scrapping — for now — the Hong Kong IPO of an ownership vehicle for the group’s mainland commercial properties.
The application… Read More>>
Hong Kong’s Swire Properties this month announced a fourth addition to its Taikoo Li commercial projects on the mainland, having formed a joint venture to acquire a high-end retail site in the second-tier city of Xi’an through a government land… Read More>>
Soho China is selling 32,000 square metres (344,445 square feet) of what it calls “high-quality properties” in Beijing and Shanghai at a 30 percent discount, as the developer looks to shore up its financial position after a planned takeover by… Read More>>
Warehouse giant ESR has acquired what it describes as the largest-ever portfolio of logistics and industrial assets to be transacted in Greater Shanghai.
The Hong Kong-listed firm bought the 11-asset portfolio for an undisclosed amount in partnership with a “leading… Read More>>
Private equity giant Blackstone has promoted its Hong Kong-based managing director Justin Wai to head of real estate for Greater China, giving the world’s largest real estate fund manager new leadership in Asia’s biggest economy after the departure of Tim… Read More>>
Three years after listing on the NASDAQ exchange in a $46 million IPO, Qingke Apartment Leasing has been declared bankrupt by a mainland court. The Morgan Stanley-backed apartment rental platform’s name can be translated as ‘eggshell’ and in this instance… Read More>>
China Evergrande Group on Tuesday confirmed earlier accounts that Hainan officials had ordered the debt-saddled developer to demolish several dozen buildings at its Ocean Flower Island resort megaproject in the province.
In a filing with the Hong Kong stock exchange,… Read More>>
LaSalle Investment Management has closed on its joint acquisition alongside a unit of Shanghai-based developer Jingrui Holdings of a retail and hotel property in the megacity’s Hongqiao area, with plans to convert the distressed asset into a multi-family residential project.
Mainland builders D&J and New Ease, both backed by US private equity giant Warburg Pincus, have completed a “strategic merger” to form a combined real estate developer and fund manager with over $11 billion in assets under management.
The newly… Read More>>
Six months after closing on $850 million for its latest Asia Pacific opportunistic real estate fund, Macquarie Asset Management is returning to Asia’s logistics market through a partnership with Tokyo-based developer Unified Industrial, according to a statement this week by… Read More>>
