Asia real estate and outbound investment news
A joint venture led by real estate investment manager AEW has purchased a 21-storey office tower in Beijing for a total compensation of RMB 4.5 billion ($654 million), according to sources familiar with the transaction who spoke with Mingtiandi.
AEW joined… Read More>>
China Fortune Land Development (CFLD) has announced to the Shanghai Stock Exchange that it will accept debt financing of up to RMB 6 billion ($870 million) from Ping An Asset Management, the second-largest shareholder in the developer and a unit… Read More>>
Most Hong Kong homeowners now expect home prices to drop over the next 12 months, a sharp increase over the 29 percent who foresaw a declining market in the previous quarter and the 9 percent who had the same expectations… Read More>>
Gaw Capital Partners is leading a consortium of investors, including Goldman Sachs and Blackstone in buying a portfolio of 12 shopping centres from Hong Kong’s Link REIT for HK$12.01 billion ($1.54 billion), according to an announcement today by the manager… Read More>>
Warburg Pincus announced today that it has formed a $1 billion joint venture with a Beijing-based asset management firm for investing in distressed and “special situations” real estate opportunities in mainland China.
The US private equity firm revealed the latest… Read More>>
Mapletree Investments has purchased an information technology park in Chennai, India, from the Canada Pension Plan Investment Board and its Indian partner for C$250 million ($187 million) as part of the Singaporean property developer and fund manager’s plan to expand… Read More>>
Hong Kong office rents are expected to increase by no more than five percent in 2019, despite record-low vacancies in prime commercial districts, as occupier demand slows after years of competition for space in the regional finance hub, according to… Read More>>
True to its online, e-commerce, new economy roots, cash-strapped Chinese tech company LeEco has put a 50,000 square metre (538,000 square foot) Beijing shopping center up for auction on China’s flagship e-commerce platform Taobao as it continues to scramble for… Read More>>
Hong Kong entertainment giant Emperor International has announced to the Hong Kong Stock Exchange that it is selling a hotel property in Hong Kong’s Yau Ma Tei district for HK$1.1 billion ($140 million) to “Shop King” Tang Shing-bor, who is… Read More>>
Financially troubled mainland conglomerate HNA Group has now disclosed that it is seeking to unload a set of domestic assets worth RMB 7.6 billion ($1.1 billion), according to local media reports citing public statements by officials representing the parent company of… Read More>>
