Singapore’s GIC may be adding $200 million in offices to its growing collection of Indian real estates assets, as the $100 billion sovereign wealth fund grows its $2 billion set of investments in the country’s property sector, according to an… Read More>>
It’s been less than 10 months since JD.com launched its own logistics business, but the warehousing and shipping subsidiary of China’s second-largest ecommerce player has already raised $2.5 billion from some of the mainland’s biggest investment firms, according to an… Read More>>
A group of investors led by Singapore’s sovereign wealth fund GIC is betting $800 million that the US will need more storage space for an exponentially growing universe of data.
GIC has teamed up with Denver-based investment firm Mount Elbert… Read More>>
Blackstone’s global head of real estate, Jonathan Gray, will take the reins as president and chief operating officer of the US private equity giant effective March 1. The 26-year Blackstone veteran will take over day-to-day management of the New York-based… Read More>>
Singaporean developer CapitaLand plans to grow its total assets under management from the current S$88.8 billion ($67 billion) to around S$100 billion ($76 billion) by 2020, the company revealed in its latest financial results announcement.
The largest developer in Southeast… Read More>>
China’s HNA Group has sold a pair of land parcels at Hong Kong’s former airport site in Kai Tak to Henderson Land for HK$16 billion ($2 billion), less than fifteen months after buying the residential plots for a record HK$14.2… Read More>>
Blackstone Group was a primary supplier to Anbang Insurance Group’s headlong effort to become one of China’s biggest buyers of overseas assets. Stephen Schwarzman’s alternative investment giant sold no less than $9.5 billion in real estate and shares to the… Read More>>
Chinese co-working startup Ucommune, formerly known as UrWork, is now valued at over RMB 9 billion ($1.4 billion) following a new investment of RMB 110 million ($17 million) from an existing backer, according to the company’s official Wechat account.
The… Read More>>
Guangzhou-based Poly Real Estate Group has won its first residential project in the UK, purchasing a site in the north London suburb of Mill Hill where it plans to build 706 homes.
Poly UK, the local subsidiary of the state-owned… Read More>>
Asia’s largest warehouse developer is teaming up with state-owned insurer China Life to form a new RMB 10 billion ($1.6 billion) value-add fund targetting logistics opportunities in China.
The vehicle marks the first China value-add fund for Singapore-based Global Logistic… Read More>>