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Gerald Yong CapitaLand

CapitaLand Buys $835M in US Multifamily Assets From Starwood Capital

2018/09/21 by Michael Cole Leave a Comment

Southeast Asia’s largest developer, CapitaLand, has doubled its investment in the US with a single, $835 million purchase of a portfolio of multifamily properties, according to an announcement by the Singaporean company this week.

The government-linked developer’s CapitaLand International subsidiary… Read More>>

Tian Huiyu China Merchants Bank

China Merchants Bank Takes Over Half of HNA’s Former Hong Kong Home

2018/09/20 by Emma Zhou Leave a Comment

Mainland financial heavyweight China Merchants Bank has leased a four floor office in Hong Kong’s Three Exchange Square in Central, taking half of the eight floors shed by liquidity-troubled HNA last week, local media reported.

The Shenzhen-based commercial bank, which… Read More>>

Infosys bangalore

Bangalore, Singapore and Shenzhen Lead Ranks of Top Tech Locations in Asia

2018/09/20 by Emma Zhou Leave a Comment

Bangalore, Singapore, and Shenzhen lead a list of top locations for high tech companies to set up shop in Asia, according to a report released this week by property consultancy Colliers International.

The trio of cities representing mainland China, Southeast… Read More>>

Wang Jianlin Wanda

Wanda Said to Sell Chicago, LA Projects to Close Out Overseas Portfolio

2018/09/20 by Jan Kot Leave a Comment

Wang Jianlin’s Dalian Wanda Group has agreed to sell off the last two assets it what once was a $5 billion overseas real estate portfolio, according to reports in the US media. A deal reported today to dispose of projects… Read More>>

sun dongping NewEase

Warburg Pincus Invests $400M in Sun Dongping’s New Ease Startup

2018/09/19 by Emma Zhou Leave a Comment

Warburg Pincus has invested $400 million into New Ease, a recently established logistics real estate venture focused on improving shipments through China’s airports and urban hubs, according to a company spokesperson.

The investment represents the US private equity firm’s latest… Read More>>

Yu Liang Vanke

Vanke, Microsoft Agree to Use AI to Make Smarter Homes and Warehouses

2018/09/19 by Emma Zhou Leave a Comment

Leading real estate developer China Vanke has signed a strategic cooperation agreement with Microsoft (China) to work together applying artificial intelligence to real estate projects, local media reported.

At the World Artificial Intelligence Conference 2018 in Shanghai on Tuesday, China’s… Read More>>

zhang wenzhong wumart

Wumart Owner Emerges Victorious in Battle for Western China Retailer

2018/09/18 by Emma Zhou Leave a Comment

The owner of Chinese big-box commerce giant Wumart has won a competition for control of one of western China’s biggest retailers after Wumei Holdings and associated investors increased their stake in Yinchuan Xinhua Department Store to 40 percent, through a… Read More>>

Law Firm Flees Hong Kong’s The Center for Wanchai as Office Rents Keep Climbing

2018/09/18 by Emma Zhou Leave a Comment

Offshore incorporation specialists Maples and Calder, are giving up the 53rd floor of The Center on Hong Kong’s Queen’s Road, as yet another international company flees the world-leading rents of Hong Kong’s Central district.

The law firm’s new home will… Read More>>

Jordan Kostelac

JLL Appoints APAC Proptech Director in Hong Kong

2018/09/18 by Michael Cole Leave a Comment

JLL has appointed Jordan Kostelac as its new Director of Proptech in Asia Pacific as the international property consultancy continues to carry the flag for technical innovation in real estate in the region.

“With proptech start-ups in Asia Pacific receiving… Read More>>

HNA Chen Feng

HNA ‘Toying With Default’ as Chinese Conglomerate Misses Payment on RMB 300M Loan

2018/09/17 by Matt Haldane 1 Comment

HNA Group defaulted on a RMB 300 million ($43.82 million) principal of a loan on September 10, Hunan Trust announced on its website. The financial failure is the latest blow for the indebted conglomerate, which sold more than $17 billion… Read More>>

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