Shun Tak Holdings, the Hong Kong-based holding company of casino billionaire Stanley Ho is taking a gamble on a long-stalled Shanghai project, after leading a joint venture which acquired a half-stake in a site along Suzhou Creek, just a quick… Read More>>
Street protests and macroeconomic woes may be grabbing headlines in Asia Pacific, but investors in the region’s commercial real estate markets shrugged off the bad news to deliver a record-breaking $128 billion in transactions during the first three quarters of… Read More>>
Singapore’s GIC is buying out its partner’s half-stake in a Beijing office building for around RMB 3.03 billion ($433 million), as the sovereign wealth fund bets on the capital’s emerging business district.
GIC is purchasing the 50 percent stake in… Read More>>
LimeTree Capital has acquired a portfolio of nine underground car parks in Beijing for RMB 761 million ($107 million) from Soho China, as the private equity company increases its holdings of what it calls an “undervalued and under-researched” asset.
The… Read More>>
After its founder filed for personal bankruptcy in the US just last week, Chinese tech startup LeEco has seen its Beijing headquarters put up for sale by the capital’s courts after the electronics-to-video streaming group failed to make payment on… Read More>>
A joint venture between Allianz Real Estate and funds managed by Alpha Investment Partners has agreed to invest €1 billion ($1.1 billion) to acquire a Beijing commercial complex from Warburg Pincus-backed developer D&J China, according to announcements by the companies.
State-backed Greenland Group said it has taken full ownership of a suburban Shanghai shopping centre after paying RMB 2.35 billion ($33 million) to buy out its partner in the project.
Greenland Group acquired the 50 percent stake in that it… Read More>>
KKR has partnered up with a Shanghai-based fund manager to acquire a commercial development near the city’s historic Bund waterfront, according to people familiar with the matter.
The US private equity pioneer is making the investment through a joint venture that… Read More>>
UK developer Chelsfield has teamed up with a group of Hong Kong and Malaysian investors to purchase a set of four office buildings in Shanghai for a consideration of RMB 1.5 billion ($210 million), according to an announcement to the… Read More>>
Real estate transaction volumes in Asia Pacific hit a historic high of $86 billion in the first half of 2019, an increase of six percent year on year, despite property investment dropping by nineteen percent globally, according to a recent… Read More>>