Asia real estate and outbound investment news
Two of the major property consultancies ramped up their investment advisory services to clients in Singapore this week as both Colliers International and CBRE introduced new faces on their capital markets teams.
Colliers brought on board 12-year industry veteran Jerome… Read More>>
Fullshare Holdings, a Nanjing-based property developer known for it astounding share price performance, announced this week that it has entered into agreement to buy GSH Plaza, a prime office building in Singapore’s Raffles Place for S$725.2 million ($512 million).
The… Read More>>
M&G Real Estate, the real estate fund management arm of M&G Investments, has hired Jonathan Hsu as its new Head of Research for Asia. Hsu, who has relocated to Singapore for the new role will be reporting to M&G Real… Read More>>
Singapore-listed City Developments Limited (CDL) has taken its latest bet on the UK real estate market by acquiring a site in London’s Battersea district for £58 million ($72.4 million).
CDL purchased the freehold Ransomes Wharf site on the south bank… Read More>>
Formal offers have been made for logistics developer Global Logistic Properties, with the Singapore-based firm announcing that two of its top leaders are among the parties bidding for the $8.9 billion warehouse builder, according to an announcement by the company… Read More>>
Billionaire Stanley Ho’s Shun Tak Holdings has made its first major commercial acquisition in Singapore after the Hong Kong-listed company acquired a 61 percent stake in a commercial project along the city’s famed Orchard Road commercial strip.
Shun Tak paid… Read More>>
HNA Group is reportedly acquiring a 50-storey Chicago office tower for nearly $360 million as the mainland conglomerate adds to its tally of more than $14 billion in US acquisitions over the past year.
An HNA affiliate has agreed to… Read More>>
New York’s biggest office landlord has scored $525 million in new funding for a $3.2 billion Manhattan development, thanks to a recent agreement with Korea’s National Pension Service (NPS) and a division of Houston-based developer Hines.
According to a statement… Read More>>
Hong Kong real estate investment manager Pamfleet is said to have agreed to acquire a commercial building in Hong Kong’s Tsim Sha Tsui on behalf of its Pamfleet Fund II for a price approaching HK$600 million, according to sources familiar… Read More>>
Led by Anbang Insurance Group’s acquisition of Strategic Hotels and Resorts from Blackstone, China’s cross-border investments in commercial and residential property in 2016 hit a record $33 billion, a year-on-year jump of 53 percent, according to a recent report from… Read More>>
