Asia Pacific real estate investment news and information
Singapore real estate giant City Developments Limited confirmed today that after investing a total of $1.36 billion into Sincere Property Group, the Chongqing-based developer has been sued for bankruptcy in a Chinese court.
Beijing Yi He Mercury Investment, a creditor… Read More>>
With credit to China’s property sector tightening since the introduction of the Three Red Lines policy last year, US private equity major Warburg Pincus has teamed up with Shanghai-based asset manager Wensheng AMC to create a “special situations” platform to… Read More>>
Hong Kong developer Sino Land is sticking around at CapitaLand’s Raffles City Shanghai mixed-use development, agreeing to pay S$339 million ($252.1 million) to maintain its effective stake in the property’s mainland-based owner at 22.35 percent.
The deal enables the developer… Read More>>
A pair of mainland developers — cash-strapped China Oceanwide Holdings and distressed-asset enthusiast Sunac China Holdings — have seen their interests converge once again, with Sunac agreeing to buy two of Oceanwide’s Hangzhou properties for RMB 2.2 billion ($340 million),… Read More>>
China’s first operator of international luxury outlet malls, Florentia Village, congratulated its tenth year in the country on June 12; the group presided over a celebration to attribute the company’s success to bringing affordable luxury and top quality experiences to… Read More>>
Just 10 months after the COVID-19 pandemic derailed an attempt to take private one of China’s largest commercial developers, Blackstone Group has agreed to acquire Soho China through a new deal worth HK$23.7 billion ($3 billion), according to a stock… Read More>>
Beijing’s investment market is showing further signs of life after a local insurer paid RMB 9.06 billion ($1.4 billion) for the SK Tower in the capital’s central business district, marking the biggest transaction for an office building in China during… Read More>>
Savills China is beefing up its management team with the appointment of longtime CBRE executive Louisa Luo as country head of industrial and logistics.
Based in Shanghai, Luo will oversee strategic operations, business development and team management while continuing to… Read More>>
Asia’s largest real estate investment trust has made its second major bet on mainland China retail this year with the RMB 3.2 billion ($501 million) acquisition of a shopping mall in Guangzhou.
Link REIT announced late Friday that it was… Read More>>
Canada’s Brookfield Asset Management has made China’s biggest retail real estate acquisition since the dawn of the COVID-19 pandemic by purchasing a set of five mainland malls from joint ventures invested by the Abu Dhabi Investment Authority (ADIA) for $1.4… Read More>>
