Mickey D’s has decided that selling out may be its best mainland strategy in 2017 – especially as it involves taking in more than $2 billion from CITIC and Carlyle. Also in today’s headlines, developer CSI cashes out in Causeway… Read More>>
Ralph Lauren may be an American legend, but his Hong Kong flagship store will soon be a local memory as the US fashion brand adapts to the city’s struggling luxury market. Also in the news today, Savills Investment Management disposes… Read More>>
McDonald’s may not get a break today, but the fast food giant appears close to selling off its China stores to a consortium led by Carlyle and Citic according to news reports that value the transaction at u to $3… Read More>>
In the news today, Hong Kong’s Superman is weakened by kryptonite in its Brexit-form as shares in his affiliates continue to trend downward. Meanwhile Korea’s Lotte Department Store is teaming with Citic Group to enter the Shanghai retail sector and… Read More>>
Half a dozen UK property funds have already suspended trading, but for some Asian investors the Brexit crisis is bargain hunting time, according to a recent report. Plus, officials in Beijing are getting just as tired of the Vanke custody… Read More>>
China’s largest developer scored its biggest profits ever in 2015, but still fell short of analyst expectations. Meanwhile local competition for WeWork readies for the US coworking giant’s market entry with a fresh round of venture capital. Read on for… Read More>>
CITIC Group, one of China’s largest state-owned investment conglomerates has effectively sold off its mainland residential development business to China Overseas Land & Investment Ltd in a transaction valued at RMB 31 billion ($4.8 billion).
Under the terms of an… Read More>>
As Greater China’s real estate professionals return from the Spring Festival holiday, many of them are coming back to bigger roles in new cities. This week we have a former agency GM joining a serviced apartment investor, a Shanghai and… Read More>>
The best time to invest may just be that moment when most other investors have given up on the market, at least that seems to be the case for Citic Capital and Grosvenor.
Both state-owned asset manager Citic and UK-based… Read More>>
With China’s headlines filled by stories of defaulting developers and falling home prices, some of the world’s largest real estate investors are finding 2014 to be a good year for negotiating property deals in the world’s second-largest economy.
In a panel discussion that… Read More>>