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Gaw-Backed Florentia Village Opens Hong Kong, Wuhan Outlets

2017/08/10 by Greg Isaacson Leave a Comment

Chinese shoppers with a taste for discounted luxury goods are in luck, as Florentia Village expands its network of designer outlets into central China and Hong Kong.

The chain of suburban shopping venues has recently unveiled its first location on… Read More>>

Wanda Denies Reported Fire Sale of $1.5B in Aussie Projects

2017/08/09 by Greg Isaacson Leave a Comment

Dalian Wanda Group, China’s largest commercial property developer, has denied reports that it is seeking an exit from its two flagship Australian projects totalling $1.5 billion, amid a regulatory crackdown on overseas investment.

Sources told The Australian Financial Review that… Read More>>

URWork Raises $178M From Prosperity Fund, Beijing Capital Land

2017/08/09 by Greg Isaacson Leave a Comment

Beijing-based flexible office startup URWork has displayed its fundraising prowess once again, announcing it has closed a RMB 1.2 billion ($178 million) round of financing from a group of mainland investors to fuel the $1.3 billion company’s overseas expansion.

For… Read More>>

Singapore’s Chevron House Goes on Sale for $515M

2017/08/07 by Greg Isaacson Leave a Comment

Another major Singaporean office transaction could be in the works, as the owner of a commercial tower at the city’s Raffles Place commercial hub has put the 32-storey building on the block for an asking price of S$700 million ($515.2… Read More>>

Perennial-Led Group Eyes $1.2B Sale of Singapore’s AXA Tower

2017/08/03 by Greg Isaacson Leave a Comment

A group of investors led by Perennial Real Estate Holdings are said to be considering the en bloc sale of AXA Tower, the sixth-tallest building in Singapore, for at least S$1.65 billion ($1.2 billion).

According to an account in The… Read More>>

Blackstone Makes $347M Buyout Offer for Japanese Real Estate Trust

2017/08/03 by Greg Isaacson Leave a Comment

US private equity giant Blackstone is looking to add more Japanese properties to its $104 billion global trove of real estate assets under management. The New York-based firm has offered to acquire ASX-listed Astro Japan Property Trust, which owns a… Read More>>

Wu Xiaohui

Anbang Denies Reports of Forced Sale of $10B Overseas Portfolio

2017/08/01 by Greg Isaacson Leave a Comment

Anbang Insurance chairman Wu Xiaohui may have disappeared into government detention in early June, but at least someone from the once high-flying Chinese insurer was available this week to deny reports of a forced sale of the company’s overseas holdings.

… Read More>>

abp opening tb

ABP Opens Hong Kong Office to Market $2.2B London Project

2017/08/01 by Michael Cole Leave a Comment

Beijing-based developer Advanced Business Park (ABP) has officially opened an office in Hong Kong, as the business park specialist markets its plan to develop a new business district in London to companies throughout the region.

Launched at a reception in… Read More>>

Hong Kong Sauce Maker Buys London’s Walkie Talkie for Record $1.7B

2017/07/29 by Greg Isaacson Leave a Comment

Sauce maker Lee Kum Kee Group is the latest Hong Kong investor to stir up the London real estate market, buying a landmark office tower in the City of London for £1.3 billion ($1.7 billion), the highest price ever paid… Read More>>

Belinda-Wong

Starbucks Buys Out East China JV for $1.3B, Plans 5,000 Mainland Shops by 2021

2017/07/29 by Greg Isaacson Leave a Comment

Starbucks is buying out its East China joint venture for around $1.3 billion in the company’s biggest acquisition ever, as growth shows signs of cooling in the American coffee chain’s home market. The cash deal will give the Seattle-based company… Read More>>

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