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Blackstone Promotes Chris Heady to APAC Chairman

2016/04/05 by Michael Cole Leave a Comment

The world’s largest alternative asset firm chose a new APAC chief this week, as Christopher Heady was named chairman of Blackstone’s Asia Pacific businesses.

Heady takes over the top role for Blackstone in the region after previously serving as the… Read More>>

Goldan gate bridge

EB-5 Demand Jumps 50% in 2015 as Chinese Compete for Investor Visas

2016/04/02 by Ryan Balis Leave a Comment

Demand for investor visas under the US government’s EB-5 program increased 50% in 2015, as aspiring foreign investors rushed to file before potential changes take place to the popular pathway to US residency. While the program attracted record interest in… Read More>>

Starwood Anbang

Anbang Abandons $14B Starwood Bid – Did Beijing Pull the Plug?

2016/04/01 by Michael Cole Leave a Comment

On Monday, China’s Anbang Insurance stunned the world – and Marriott International – with an all cash $14 billion offer for Starwood Hotels and Resorts Worldwide.

The offer, which reportedly was Anbang’s sixth attempt to buy the US hotel chain,… Read More>>

george hongchoy link reit

Link REIT Sells Two HK Shopping Centres for HK$1.69B

2016/03/31 by Michael Cole Leave a Comment

Asia’s biggest real estate investment trust, Link REIT announced today that it had sold two Hong Kong’s shopping centres for a combined HK$1.69 billion ($218 million).

In a statement to the Hong Kong Stock Exchange, the management of the real… Read More>>

Lo Ka-shui

Ping An Trust Invests $31M in Great Eagle California Projects

2016/03/31 by Michael Cole Leave a Comment

Pacific Eagle Holdings, the US subsidiary of Hong Kong’s Great Eagle Holdings, received some powerful new backing for its acquisitions of North American properties this week when the real estate investor and operator received $31.4 million from a fund operated… Read More>>

Aerial Kawagoe Mar 16

E-Shang Redwood Rolls Out New Japanese Facility in Run-Up to IPO

2016/03/31 by Michael Cole Leave a Comment

Redwood, the Japan-centred branch of recently merge E-Shanghai Redwood, this week brought online its latest logistics facility as the Asia-based real estate fund manager continues to move towards an IPO.

Chibakita Distribution Center, a 39,000 square metre warehouse in Japan’s… Read More>>

China golf

Shanghai Bulldozes Past Developer Lawsuit to Raze Golf Courses

2016/03/31 by Michael Cole Leave a Comment

Orient Golf Shanghai opened in 2003, just one year before the Chinese government passed a law banning construction of golf courses, and just in time to benefit from a golf boom fuelled by China’s newly wealthy business and political classes.

… Read More>>

Scott Stringer

Vanke’s $116M Manhattan Acquisition Now Centre of NYC Investigation

2016/03/29 by Michael Cole Leave a Comment

In the last week of February, China Vanke announced its latest victory in a quest to expand in the US market, the $116 million purchase of a vacant nursing home in Manhattan for conversion into 100 luxury condominiums.

However, February’s… Read More>>

han-zheng signs

Shanghai Hikes Down-Payments as First-Tier Cities Try to Calm Buying Frenzy

2016/03/27 by Michael Cole Leave a Comment

Shanghai authorities announced new restrictions on home purchases on Friday, including higher downpayment levels and limits on buyer eligibility, in an attempt to cool a housing market that saw prices climb 2.9 percent in February compared to the previous month.

… Read More>>

wang-jianlin

Wanda Halts Land Purchases in 3rd Tier Cities, Continues Mall Expansion

2016/03/24 by Michael Cole Leave a Comment

Dalian Wanda Commercial Properties says it will stop buying land for new mainland residential and office projects, except in first and second-tier cities, as housing markets in China’s smaller urban centres continue to suffer from a prolonged real estate slide.

… Read More>>

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