Asia Pacific real estate investment news and information
China’s Fosun International, is preparing to close a £300 million ($426.4 million) deal for a London office complex, according to a report today in Reuters.
Should the deal for Thomas More Square, a 566,000 square foot (52,500 square metre) tower… Read More>>
Marriott International added a new chapter to the Starwood Hotels & Resorts takeover drama yesterday, when Starwood’s board pushed aside a $13.2 billion deal with China’s Anbang Insurance, to accept a counteroffer from Marriott worth $13.6 billion.
Many observers are… Read More>>
The board of Starwood Hotels & Resorts recommended on Friday that the hotel chain accept a newly sweetened $78 per share buyout offer from China’s Anbang Insurance, pushing aside an earlier merger agreement with Marriott International.
The $13.2 billion deal… Read More>>
Bain Capital LLC has entered the race to develop private hospitals in China by paying $150 million for a controlling interest in Asia Pacific Medical Group, according to a report today in the Wall Street Journal.
The private equity firm,… Read More>>
Competition for real estate assets in Asia Pacific heated up in 2015, with a surge of major transactions in Greater China and around the region. And one of the major beneficiaries of this boom was property brokerage JLL, which advised… Read More>>
China’s insurance giants continue to show off their hunger for US real estate with Ping An Insurance reportedly preparing a bid for a 209,000 square metre (2.25 million square foot) office complex in the San Francisco bay area.
Ping An,… Read More>>
China Vanke, the mainland’s largest developer by sales, has signed an agreement with Shenzhen’s subway operator to buy a portfolio of sites from the state-owned firm in exchange for Vanke shares.
The deal, which is valued at up to RMB60… Read More>>
While home sales in many parts of China are still held back by an oversupply of unsold housing, Shanghai’s residential market has continued to boom, becoming the world’s eighth most expensive place to buy a home, according to a recently… Read More>>
Greenland Group continues to lessen its dependence on its domestic real estate market after China’s second largest developer by sales announced on Friday that it would package up 19 of its mainland hotels into a Singapore-listed REIT.
Once listed, the… Read More>>
JLL introduced Johnny Shao as the new head of its East China capital markets advisory team on Friday as the international real estate consultancies compete to service a booming market for investment properties.
Shao, who previously headed the China investment… Read More>>
