Dalian Wanda Group, the property, entertainment and finance conglomerate controlled by billionaire Wang Jianlin, confirmed on Friday that it will co-invest with France’s Auchan Group in the 3.1 billion euro ($3.4 billion) Europa City leisure and retail project being developed… Read More>>
Hong Kong Tops Ranks of World’s Most Expensive Offices
Hong Kong home prices may be coming down, but the city still ranks tops for the world’s most expensive office space, according to a report released today by property consultancy JLL.
Renting prime space in Hong Kong now costs an… Read More>>
Will Wang Jianlin’s Big European Deal Be A French Theme Park?
Wang Jianlin is touring Europe this week on a promotional tour and China’s richest man has promised to announce a major deal between his visits to the British Museum, Oxford University and other European sites.
Now it appears that Wang’s… Read More>>
Warburg Pincus and Sun Dongping Commit $220M to China Industrial Developer
Private equity giant Warburg Pincus announced this week that it is joining with Sun Dongping, the chairman of logistics developer e-Shang Redwood, to invest $220 million into business park and manufacturing developer D&J China.
The B-round investment follows the 2014… Read More>>
Wang Jianlin Rents Out British Museum to Launch “The Wanda Way”
Not content to just be China’s richest man, Wang Jianlin now seems set on making himself a cultural icon, as the chairman of Dalian Wanda group this week rented out space in the British Museum to launch the English version… Read More>>
China Lowers Taxes, Blocks Land Sales in Attempt to Boost Housing Markets
China’s central government is aiming all of its bureaucratic weapons at the housing market in the early months of this year, to add some spark to one of the traditional engines of the mainland economy.
The latest evidence of this… Read More>>
GLP and CPPIB to Set Up $2B Japan Logistics Fund
Another $2 billion could be headed into Japan’s logistics real estate markets over the next three years following a new agreement between Global Logistic Properties (GLP) and the Canada Pension Plan Investment Board (CPPIB).
GLP, which is already the region’s… Read More>>
Anthony Couse Named Asia Pacific CEO at JLL
Property consultancy JLL announced a top level leadership change today, naming Anthony Couse of the company’s Shanghai office as the group’s new CEO for Asia Pacific, effective June 1st of this year. Couse will replace JLL’s current regional head, Alastair… Read More>>
China Lowered Downpayments, But Will It Help Sell Homes in the Hinterland?
China made a major rule change regarding its housing market just before the spring festival holiday, lowering downpayments on purchases of new homes by first-time buyers from 25 percent to 20 percent, and from 40 percent to 30 percent for… Read More>>
PGGM Commits Another $160M to Redwood China Logistics Fund
Dutch pension fund manager PGGM has committed another $160 million to the Redwood China Logistics Fund just over one week after the fund’s parent firm merged with a mainland rival, as revealed in an exclusive report on Mingtiandi.
With this… Read More>>
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