Asia Pacific real estate investment news and information
GLP Capital Partners on Friday announced the closing of its latest mainland China income fund with RMB 2.8 billion ($380 million) in assets under management.
China Income Fund XIII is a partnership with a leading global institutional investor, the asset… Read More>>
The Carlyle Group has sold a Shanghai office building for just over half of the price it paid to acquire the asset in 2015, as vacancy in the city’s office market continues to hover near record high levels amid… Read More>>
Knight Frank continues to rejig its Greater China leadership with the appointment of Virginia Huang as managing director of North and East China.
Based in Shanghai, Huang will oversee the firm’s operations in Beijing and Shanghai, with her role effective… Read More>>
Hillhouse Investment is boosting its China logistics operation through a deal that merges industrial developer and manager Black Kite Property’s assets and management into the fund manager’s Gaolu Group warehouse property division.
Following the transaction, the expanded Gaolu Group has… Read More>>
Guangzhou R&F Properties on Wednesday announced that receivers had been appointed for a set of mainland properties at the heart of a winding-up case filed against the cash-strapped builder.
Chan Leung Lee and Yuen Tsz Chun of Hong Kong-based Frank… Read More>>
Hong Kong fund manager Gaw Capital Partners has appointed Jialin Li as the company’s Shanghai-based managing director of investments.
The role will see Li, most recently of apartment specialist Greystar, exploring investment opportunities in the rental housing sector and leading… Read More>>
Blackstone has agreed to pay RMB 279 million ($38.9 million) to take full control of a portfolio of four mainland China warehouses, according to stock market announcements over the weekend.
The US alternative investment titan is buying out the 20… Read More>>
JLL has promoted Anny Zhang to CEO for China, with the company veteran succeeding Bessie Lee in the top mainland role at the global real estate consultancy.
Based in Shanghai, Zhang takes the helm at the mainland China business on… Read More>>
Vnet Group founder Josh Chen has withdrawn his long-standing offer to take the Chinese data centre operator private, arguing that the NASDAQ-listed firm would be better served remaining publicly traded.
Beijing-based Vnet confirmed Chen’s decision on Thursday after a Bloomberg… Read More>>
Sino-Ocean Group has received a winding-up petition filed by Bank of New York Mellon, dealing a fresh blow to the cash-strapped Chinese developer as it struggles to stick to a debt repayment plan hammered out with some of its bondholders.
