Asia Pacific real estate investment news and information
China’s government is injecting RMB 60.8 billion ($9.67 billion) into Anbang Insurance Group after the embattled insurer was taken over by the insurance regulator in February and its chairman put on trial on fraud charges last week.
The newly merged… Read More>>
CBRE has looked to its industrial team for leadership of its Wuhan office, as the real estate consultancy announced this week that Louisa Luo will take over as Regional Managing Director for Central China, based in the capital of Hubei… Read More>>
A consortium led by US private equity giant KKR & Co is poised to land the biggest single-asset property deal in South Korean history by scooping up a twin office tower complex in Seoul worth an estimated 1.1 trillion won… Read More>>
China’s COFCO Group is merging a pair of real estate developers with a combined market cap of $4.7 billion dollars as the state-owned conglomerate follows through on restructuring plans related to state-owned enterprise reform and cross-border transactions first announced in… Read More>>
Alibaba Group has closed on its acquisition of a RMB 4.68 billion ($744 million) stake in Wanda Film to become the film company’s second largest shareholder, following through on an agreement signed in early February. The move came just days… Read More>>
US private equity giant The Carlyle Group is reshaping its real estate team as the company seeks to ramp up its property investments in China. Jason Lee, Carlyle’s head of Asia real estate, will soon step down, according to a… Read More>>
Mainland ecommerce giant Alibaba revealed late last week that it has signed a cooperation agreement with five of China’s top 10 property developers to expand its Hema smart supermarket chain on the mainland.
The agreement between the Alibaba online to… Read More>>
One of Shanghai’s best-known investment brokers has left the agency world to join Gaw Capital, as the Hong Kong-based private equity real estate firm continues to build up its mainland team.
Johnny Lu Shao, formerly head of Capital Markets for… Read More>>
After achieving notoriety for having a name that may have too closely resembled the world’s biggest co-working operator, the Beijing-based shared office startup formerly known as UrWork now appears to be imitating the eating habits of Pac-Man as it feasts… Read More>>
A development consortium including Wheelock, K Wah International and Sino Land shocked Hong Kong by paying a record HK$17.28 billion ($2.21 billion) for a waterfront residential site in Cheung Sha Wan late last year. Five months later, a residential lot… Read More>>
