Asia Pacific real estate investment news and information
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>>
After China Evergrande New Energy Vehicle Group issued a warning this week that its first-half net loss was expected to nearly double from a year earlier, the car maker’s parent firm — debt-saddled developer China Evergrande — has confirmed that… Read More>>
A unit of Singapore’s Keppel Corporation has formed a joint venture with Shanghai-based developer Topchain to manage investment properties, mainly offices and business parks, with asset enhancement potential in China.
The indirect wholly owned subsidiary, Keppel Yong Da Property Management… Read More>>
Blackstone on Thursday announced the latest milestone for its growing China logistics platform, naming the company’s first-ever chief executive after spending three years assembling a 5 million square metre (53.8 million square foot) warehouse portfolio.
Now based in Shanghai, Peter… Read More>>
Goldman Sachs is the fourth global investor to team up with mainland logistics developer New Ease this year, as the blue-chip investment bank and the Warburg Pincus-backed real estate startup announced a $488 million China warehouse joint venture this week.
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>>
