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>>
Allianz, Alpha JV Buys 85% Stake in Beijing Commercial Complex From D&J China for €1B
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.
Greenland Group Pays RMB 2.35B to Buy Out Shanghai Retail JV
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 JV Acquires Shanghai Commercial Project Via $1.5B Fund
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>>
Chelsfield, Pamfleet Team Up to Buy SH Offices From Sino-Ocean for RMB 1.5B
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>>
HNA Seeks to Raise RMB 2.7B From Sales of Shanghai, Sanya Hotels
HNA Group is putting up for sale a pair of hotels, one each in Shanghai and in Hainan province, as the financially troubled mainland fights to stay solvent.
The two hospitality properties, both of which are fully completed and operational,… Read More>>
Ping An-Landsea Green Fund Acquiring Office Assets in Shanghai’s Zhangjiang Hi-Tech Park
A joint venture between Ping An Real Estate and Landsea Green Group, the listed platform of Nanjing-based Landsea Group, has agreed to acquire an office property in Shanghai’s Zhangjiang High Tech Park, for an undisclosed sum, according to a Hong… Read More>>
China Vanke Buys Out Beijing Complex in RMB 1.3B Deal with HNA
Financially troubled HNA Group has sold the remaining 75.10 percent stake of a Beijing commercial complex to a subsidiary of China Vanke for a total consideration of RMB 1.304 billion ($190 million), according to a filing to the Shanghai Stock… Read More>>
ARA Teams Up with CICC Capital to Buy Chengdu Mall From Tishman Speyer Fund
After selling a pair of mainland commercial properties late last year for a combined RMB 5.56 billion, Singapore’s ARA Asset Management this month entered into a joint venture to buy a Chengdu retail property from a Tishman Speyer-managed fund.
For… Read More>>
CapitaLand Sells RMB 4.5B of SH Office Assets to Value-Add Fund
Just one month after reaching a $391 million first-close on its maiden discretionary equity investment fund, Singapore’s CapitaLand has seeded CapitaLand Asia Partners I (CAP I) with a pair of Shanghai office assets, according to an announcement by the company… Read More>>
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