JLL today announced that it has brought on board Jim Yip as the property consultancy’s new head of capital markets for China, with the former Cushman & Wakefield executive scheduled to take on his duties with the firm as of… Read More>>
Le Eco Auctioning Beijing Shimao Gongsan Plaza on Taobao for RMB 2.3B
True to its online, e-commerce, new economy roots, cash-strapped Chinese tech company LeEco has put a 50,000 square metre (538,000 square foot) Beijing shopping center up for auction on China’s flagship e-commerce platform Taobao as it continues to scramble for… Read More>>
Gaw Capital Sold Beijing’s Pacific Century Place to Local Fund for RMB 10.5B
Gaw Capital Partners is confirmed to have sold the Pacific Century Place project in Beijing for approximately RMB 10.5 billion ($1.53 billion) according to sources familiar with the transaction who spoke with Mingtiandi.
The Hong Kong-based private equity firm completed… Read More>>
Gaw, Quadreal Buy Shanghai’s Ocean Towers From ARA for RMB 3B
Gaw Capital Partners announced today that the private equity firm, through a fund under its management and in league with partners including British Columbia’s QuadReal Property Group, have acquired the Ocean Towers office building in Shanghai.
The consortium purchased the… Read More>>
Allianz Buys 50% Stake in Gaw-Vailog Mainland Logistics JV
Allianz has acquired a 50 percent stake in a portfolio of mainland China logistics assets according to a statement from the company last week, as the German insurer continues to expand its holdings in the country.
The deal was executed… Read More>>
GIC-CapitaLand JV Buying Shanghai Mixed-Use Project for $1.85B
Singapore’s CapitaLand announced on Tuesday that its Raffles City China Investment Partners III (RCCIP III) fund has formed a 50:50 joint venture with Singapore’s sovereign wealth fund GIC to acquire the Star Harbour International Center project (上海星外滩) in Shanghai’s Hongkou… Read More>>
CPPIB Sees Opportunities Amid US-China Trade Tension
The Canada Pension Plan Investment Board (CPPIB), one of the world’s biggest pension schemes, said the trade tensions between the United States and China could open up opportunities for the national pension fund manager to acquire Chinese assets at knock-down… Read More>>
HNA Selling Guangzhou Project to Vanke for RMB 1.6B
Financially troubled mainland conglomerate HNA continued its ongoing series of property disposals on Wednesday as it announced an agreement to sell its Central Hotel Square project in Guangzhou to China Vanke for approximately RMB 1.035 billion ($150 million) in cash,… Read More>>
Partners Group in Talks to Buy Beijing Complex for RMB 5.7B
A consortium including Switzerland’s Partners Group is in talks to acquire a Grade A commercial complex in Beijing for RMB 5.7 billion ($820 million), according to an account this week by Bloomberg.
The Swiss private equity firm is negotiating to… Read More>>
HNA Announces RMB 1.39B Sale of Shenzhen Commercial Project
Continuing an asset disposal plan that aims to sell off as much as $11 billion worth of real estate by the end of 2019, HNA Infrastructure Investment Group, an affiliate of the troubled mainland transportation conglomerate, this week announced that… Read More>>
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