Asia real estate and outbound investment news
ESR’s Kendall Square Asset Management has acted on behalf of Samsung Securities to acquire the largest logistics facility in the Czech Republic for €132 million ($146 million), according to people close to the deal who spoke to Mingtiandi.
A source… Read More>>
One of China’s most troubled cross-border investors became the mainland’s latest default story this month as a unit of China CEFC Energy informed the Shanghai stock exchange that it had failed to fulfill obligations for bond payments totalling RMB 2.09… Read More>>
CEFC China Energy emerged from obscurity to buy up a horde of overseas assets from energy firms to European real estate. Now the ambitious but secretive mainland conglomerate is in trouble.
The head of CEFC has reportedly been detained for… Read More>>
LaSalle Investment Management has bought a prime office complex in Prague from Slovakia’s IAD Investments for approximately 57 million euros ($63.8 million), the companies announced last week. The US-based real estate investment specialist is making the acquisition on behalf of… Read More>>
New York was too hot, London might be getting too cold, but it seems Prague was just right for the latest Chinese conglomerate looking for cross-border real estate investments.
Privately held CEFC China Energy last week acquired the Florentinum office… Read More>>
