Asia real estate and outbound investment news
GIC has agreed to purchase a 95 percent stake in a New York office building for $1.04 billion, according to a statement this week by the Singaporean sovereign wealth fund.
The Southeast Asian mega-investor acquired 60 Wall Street from New… Read More>>
Lendlease has brought on board CapitaLand veteran Keith Low to head its asset management business for Asia, according to an announcement by the Australian real estate developer this week.
In his new role, Low will be responsible for managing Asian… Read More>>
China Vanke has continued to diversify from its core business building middle class homes as the Chinese developer this week entered into a RMB 2 billion ($292 million) agreement with Banyan Tree Holdings to jointly own and manage the Singaporean… Read More>>
Outbound real estate investment by Chinese buyers hit a record of $33 billion in 2016, and the global property consultants competing to advise these investors are adding finance talent to help structure these billion dollar deals.
US-based Cushman & Wakefield,… Read More>>
Chinese investment conglomerate Fosun has acquired a 34,000 square metre (366,000 square foot) office complex in the German city of Frankfurt for just over Euro 50 million ($53.5 million) from New York’s Fortress Investment Group, according to recent reports in… Read More>>
City Developments Ltd (CDL) has joined the China co-working race with a RMB 72 million investment ($10.5 million) in Shanghai-based Distrii, according to a recent announcement by the Singapore-based developer.
CDL’s cash buys it a 24 percent stake in Distrii,… Read More>>
Mainland real estate developer China Oceanwide Holdings is continuing its overseas investment spree with a move to acquire one of America’s best known names in technology media.
The Beijing-based developer, which has already made more than $3.8 billion in real… Read More>>
Real estate investment volumes may have slid from their 2015 global peaks last year, but real estate specialists Savills Investment Management cruised to a new record despite the down year.
The London-based firm announced record transaction volumes of $5.3 billion… Read More>>
e-Shang Redwood is on its way to an IPO this year, and part of the preparation for that stock market debut seems to be some new acquisitions.
Already active in China, Japan and Korea, E-Shang Redwood has now expanded into… Read More>>
Fund management giant AXA Investment Managers has continued its march into Asia with the appointment this week of Yoshihiko Hayafuji as Head of Japan for AXA Investment Managers – Real Assets (AXA IM – Real Assets).
Based in Toyko, Hayafuji… Read More>>
