Asia real estate and outbound investment news
Ascendas-Singbridge has named Vinamra Srivastava as Chief Executive Officer for its India Operations and Private Funds, effective April 1, as the Singaporean business park builder gears up for a new chapter of growth in India’s property sector.
Srivastava joined the… Read More>>
As China’s biggest investors were warned off from overseas deals last year and a crackdown on outbound cash killed off cross-border real estate acquisition, Hong Kong still seemed a safe-haven for mainland money. But nothing changes faster in 2018 than… Read More>>
Shanghai’s government has awarded a deal for a RMB 50 billion ($7.9 billion) commercial complex — bigger than New York’s Grand Central Terminal — to a consortium of local state-run firms as the city prepares for yet another commercial hub… Read More>>
Singapore’s CapitaLand now holds a world record for the curved, 300 metre sky bridge atop its RMB 24 billion ($3.8 billion) multi-tower mega-project in the western Chinese city of Chongqing.
Designed by Boston-based architect Moshe Safdie, the eight-skyscraper Raffles City… Read More>>
The purchase of the $1 billion Metropolis project by China’s Greenland Group in 2013 was one of the early milestones in an outbound real estate investment wave that put the Shanghai-based developer onto a global stage, beside co-stars such as… Read More>>
The Chinese government now has direct control of the Waldorf Astoria hotel in New York, as the country’s insurance regulator formally takes over the hotel’s embattled owner, Beijing-based Anbang Insurance Group.
Anbang, which had scooped up the famed Manhattan property… Read More>>
Nine months after attempting to sell off a Cheung Sha Wan building by public tender, Hanison Construction surprised the market with the HK$800 million ($102 million) sale of a 50 percent stake in the PeakCastle commercial building in Hong Kong.
GIC was reported to be buying an office portfolio in Bangalore for $200 million earlier this week, and it appears that the Singaporean sovereign wealth fund is not the only investor betting on the continuing growth of the southern India… Read More>>
What was once the site of one of Asia’s most challenging airports is rapidly turning into a lifesaver for China’s debt-addled HNA Group after the mainland conglomerate announced a deal yesterday that could provide it with a loan of as… Read More>>
PGIM Real Estate saw its volume of Asia Pacific transactions double in 2017, as the real estate investment affiliate of Prudential Financial focused on major markets in Japan, Singapore and Australia to generate over $2 billion in deals.
The company… Read More>>
