Deutsche Asset Management has sold Xiwang Tower, a grade A office building in the northeastern Chinese city of Dalian, to mainland financial services giant China Life. The asset management arm of Deutsche Bank disposed of the 40-storey, grade A tower… Read More>>
Swire Adds Residential Project To Its Miami Portfolio
Hong Kong-based developer Swire Properties is expanding its US footprint by teaming up with a Colombian businessman to build a condo tower across the street from its Brickell City Centre project in downtown Miami.
Swire will develop a 72,000 square… Read More>>
ARA Pays $317M to Add Australia’s Cromwell Property to Global Footprint
Singapore-based real estate fund manager ARA Asset Management is continuing a global growth strategy by acquiring a 19.5 percent stake in an Aussie real estate investment manager, just a week after announcing a new platform for investments in Europe.
The… Read More>>
JD.com Takes Cornerstone Stake in IPO of First China Outlet Mall REIT
Chinese e-commerce giant JD.com continues to expand its brick-and-mortar empire, building on its existing ventures in physical supermarkets and convenience stores by taking a cornerstone stake in the IPO of one of the mainland’s largest outlet mall chains.
JD.com is… Read More>>
Sanpower Selling House of Fraser After Launching Just Two Stores in Four Years
China’s Sanpower Group is poised to sell a majority stake in troubled UK retailer House of Fraser, less than four years after the Nanjing-based conglomerate bought an 89 percent interest in the department store chain.
Sanpower subsidiary Nanjing Cenbest (Nanjing… Read More>>
Naked Group Hires Gaw Veteran to Build Real Estate Fund Management Biz – Exclusive
Premium co-working and resort operator naked Group is venturing into the fund management business by hiring a Gaw Capital veteran to head up a new investment team, the Shanghai-based start-up has revealed to Mingtiandi.
Jennifer Zhang has joined the firm… Read More>>
Gaw Focuses on Tech as Asia’s Key Real Estate Trend at Investment Conference
When 500 movers and shakers in Asia’s real estate scene huddled in Hong Kong today to talk about the latest trends in property investment, the discussion quickly turned to technology, from e-commerce to the blockchain, and its role in transforming… Read More>>
JLL Hotels & Hospitality Group Names Mike Batchelor Asia CEO
Property consultancy JLL has tapped hotel investment veteran Mike Batchelor to lead its Hotels & Hospitality Group as Asia CEO, based in Singapore. Batchelor, who has been Managing Director, Investment Sales Asia at the NYSE-listed brokerage since 2007, will succeed… Read More>>
Colliers Hires Joe Lin from CBRE To Head Asia Markets Business in Australia
A former managing director in CBRE’s Taiwan office has headed south to Sydney, as the distance between Asia and Australia continues to shrink for the region’s real estate investors.
Joe Lin has taken the newly created role of National Director… Read More>>
Warburg Pincus-Backed Nova Teams with Sunac for $3B Mainland Redevelopment Fund
One of China’s ten biggest developers is joining hands with a property management firm co-founded by US private equity giant Warburg Pincus in a RMB 20 billion ($3.2 billion) bet on redevelopment of commercial properties in China, as the country’s… Read More>>
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