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Wu Xiaohui Anbang Insurance

China’s Anbang Insurance Said Buying London’s Heron Tower for $1.16B

2015/07/26 by Michael Cole Leave a Comment

Anbang Insurance, which last year paid a record $1.95 billion for New York’s Waldorf Astoria hotel, is reportedly on the brink of buying London’s Heron Tower for £750 million ($1.16 billion).

The acquisition of the 46-storey London landmark, which is… Read More>>

corporate avenue shanghai

The Link REIT Buys Shui On’s Corporate Avenue Phase One for RMB 6.6 Bil

2015/07/24 by Michael Cole Leave a Comment

Hong Kong’s Link REIT may be a newcomer to the mainland China property market, but it quickly made up for lost time this week by purchasing Shui On Land’s Corporate Avenue phase one for RMB 6.6 billion ($1.063 billion).

The… Read More>>

GC Tower vert

China Ping An Said to Buy Shanghai Office Tower for RMB2.24 Bil

2015/07/22 by Michael Cole Leave a Comment

China’s insurers have gained worldwide attention for their real estate purchases in New York and London over the last two years, but a soon-to-be disclosed deal in Shanghai shows that these financial giants are also playing a growing role in… Read More>>

James Darkins

TH Real Estate Appoints Mike Sales as New CEO

2015/07/22 by Michael Cole Leave a Comment

TH Real Estate, the property division of investment giant TIAA-CREF, announced this week that its CEO James Darkins would retire at the end of this year, and that the company’s managing director for Europe, Mike Sales, would become its new… Read More>>

ming z mei glp

GLP Closes on $7 Bil China Logistics Fund

2015/07/22 by Michael Cole Leave a Comment

Global Logistic Properties is doubling down on its investment in China’s logistics real estate market with a new $7 billion fund dedicated to building more distribution centres across the country.

China Logistics Fund II, or CLF II, officially closed today… Read More>>

Nanning-Logan-Century-1

Logan Group Plans 383-Metre Tower in Chinese City of 1.8M People

2015/07/21 by Michael Cole Leave a Comment

A Hong Kong architecture firm today unveiled their plans for Nanning Logan Century, a 383-metre tower that would give Logan Property Group the tallest building in Guangxi province, and one of the biggest skyscrapers in China.

Hong Kong architecture firm Dennis… Read More>>

Moody’s Dings Evergrande for $839M in Chengdu Acquisitions

2015/07/19 by Michael Cole Leave a Comment

One of China’s most aggressive real estate developers took a HK$6.5 billion ($839 million) bet on the Chengdu market last week, and promptly saw its decision criticised by credit agency Moody’s Investors Services.

Evergrande Real Estate, which is run by… Read More>>

nbs stats

China Home Prices Rise for 3rd Straight Month

2015/07/19 by Michael Cole Leave a Comment

Average home prices rose for the third straight month in China during June, as the country’s consumers regain their appetite for real estate following a one year slowdown in the market.

The average price per square metre for new housing,… Read More>>

sophie van oosterom

CIC Teams with AEW to Close on $1.44B European Mall Portfolio

2015/07/16 by Michael Cole Leave a Comment

China Investment Corporation (CIC) has joined with investment manager AEW Europe to acquire a fleet of 10 malls in France and Belgium from CBRE Global Investors for €1.3 billion ($1.44 billion).

The retail acquisition is believed to be the largest… Read More>>

Corporate Avenue 3

Shui On Said Selling Corporate Avenue Phase 3 for RMB 3.57 Bil

2015/07/16 by Michael Cole Leave a Comment

For the second time in one week, Shui On Land is said to be close to selling a prime office project in Shanghai, this time for a reported RMB 3.57 billion ($575 million).

The project on the block this week… Read More>>

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