Asia Pacific real estate investment news and information
Hidden Hill Capital on Wednesday announced the final close of its second RMB private equity fund targeting logistics and proptech companies, with the strategy having raised RMB 8 billion ($1.1 billion) in capital commitments.
Hidden Hill PE RMB Fund II… Read More>>
Embattled mainland developer Dalian Wanda Group has sold its Wanda Reign on the Bund hotel in Shanghai to the family office of Indonesian pulp and paper billionaire Sukanto Tanoto in a rare purchase of a mainland hotel asset by a… Read More>>
State-owned mainland developer Overseas Chinese Town (OCT) has agreed to sell the Bulgari Hotel in Shanghai, as the indebted builder offloads an unprofitable project amidst plummeting revenues and a slow recovery in China’s tourism market.
Building materials maker Jiangsu Jinfeng… Read More>>
Mainland builder CIFI Holdings is buying out the 50 percent interest held by Hong Kong’s Henderson Land in a Shanghai residential and commercial project containing CIFI’s headquarters, with Henderson set to be paid RMB 428.2 million ($59.7 million) for the… Read More>>
Mainland property giant China Vanke and Singapore-based hotel and resort operator Banyan Tree Holdings are dissolving a six-year-old China hospitality joint venture after failing to gain traction in a challenging mainland market.
Banyan Tree has entered into a term sheet… Read More>>
CapitaLand China Trust (CLCT) is selling an underperforming Beijing shopping mall to an investor from Inner Mongolia for RMB 849.2 million ($120 million) in the latest example of domestic capital buying up discounted assets as China’s real estate market slows.
GLP Capital Partners has closed on an onshore China income fund backed by a mainland insurer, with the vehicle’s total size including leverage amounting to RMB 4.3 billion ($600 million).
China Income Fund X marks the latest addition to an… Read More>>
China’s first batch of retail REITs received registration approval from the country’s securities regulator following an expansion of the country’s listed real estate investment trust pilot programme in March that saw malls and other retail properties added to China’s nascent… Read More>>
After its parent company was stripped of its sole remaining investment-grade rating last week, GLP Capital Partners (GCP), the asset management division of GLP, announced the sale of an office complex in Beijing to a RMB 3.6 billion ($490 million)… Read More>>
Bain Capital and Warburg Pincus-backed DNE Group have set up a $250 million joint venture to develop and operate manufacturing parks across mainland China’s primary economic hubs, according to a joint announcement on Tuesday.
The US private equity firm is… Read More>>
