Asia real estate and outbound investment news
A BlackRock-linked entity has agreed to sell a pair of student dorms in the UK to Singapore-listed property developer Far East Orchard for £66.5 million ($85 million).
The subsidiary of Far East Organization purchased the assets from a company that… Read More>>
Stan Group has applied for the compulsory sale of a 50-year-old industrial building in Hong Kong’s Mongkok district, according to an account in the Hong Kong Economic Times.
The Hong Kong investment group, which manages a HK$60 billion ($7.7 billion)… Read More>>
Less than a month after GIC picked up a trophy office tower in Paris, the Singapore sovereign wealth fund has teamed up with Caleus Capital Investors to acquire a landmark hotel in Berlin in an off-market transaction.
The joint venture… Read More>>
Alibaba has invested RMB 23.3 billion ($3.3 billion) in logistics affiliate Cainiao, raising its equity in the warehousing and shipping company from 51 percent to 63 percent.
The e-commerce giant said in a statement that the additional 12 percent shareholding… Read More>>
Buildings made of concrete and steel are feeling the impact of the estimated 6,000 rounds of teargas released on the streets of Hong Kong in recent months, as a newly released report shows that the city’s descent into a police… Read More>>
Gaw Capital Partners has established a new joint venture with mainland data centre developer and operator Centrin Data to acquire, develop and operate hyperscale facilities in China, according to an announcement by the Hong Kong-based investment management firm on Friday.
Singapore’s GIC is buying out its partner’s half-stake in a Beijing office building for around RMB 3.03 billion ($433 million), as the sovereign wealth fund bets on the capital’s emerging business district.
GIC is purchasing the 50 percent stake in… Read More>>
Madam Tussauds owner Merlin Entertainments plans to open a Legoland resort in Shanghai to cash in on the rising family tourism market in China, according to a statement this week by the company, which is in the process of… Read More>>
WeWork has backed out of an agreement to occupy space in Hong Kong’s Hopewell Centre even before it got a chance to move in, according to sources familiar with the decision who spoke with Mingtiandi.
The troubled co-working pioneer is… Read More>>
ARA US Hospitality Trust has agreed to acquire a 390-key trio of select-service hotels in the US for $84.5 million, just six months after the trust raised $498 million in its debut on the Singapore stock exchange.
The trust has… Read More>>
