HNA Group has touched down at the site of Hong Kong’s former airport for the fourth time in as many months, buying its fourth plot of land in Kai Tak in as many months.
In this most recent run, the… Read More>>
Singapore’s Infrastructure Helps it Earn Top Marks for Expats
Attention expats in Asia: Are you living in Singapore? Well, according to a recent report from Mercer, you should be. Taking into account education, infrastructure, transportation and other crucial factors, Mercer ranks Singapore as the best city in Asia for… Read More>>
Shui On Said Selling Stake in Shanghai Project for $1.6 Bil
Shui On Land, in a bid to pare its debts, is reported to have signed a memorandum of understanding with a buyer to sell off a 50 percent stake in its Ruihong Xincheng mixed-use project for RMB 8 billion ($1.16… Read More>>
JustCo to Open Singapore’s Largest Co-working Space on Shenton Way
JustCo is eager to become southeast Asia’s answer to WeWork, and the Singapore-based flexible office startup has taken a step towards achieving that goal by opening what it says is the city’s largest interconnected co-working centre.
At 40,000 square feet… Read More>>
Anbang in Deal to Invest $400M in Kushner Fifth Avenue Project
China’s Anbang Insurance Group plans to arrange $4 billion in construction loans and invest $400 million in equity for a Manhattan office tower at 666 Fifth Avenue owned by Kushner Companies, which was until this year headed by Jared Kushner,… Read More>>
Airbnb Books $100M Investment From CIC for China Expansion
China Investment Corp has clicked Like on a US sharing economy powerhouse with a $100 million investment in Airbnb. The capital commitment by China’s sovereign wealth fund comes as the US room-sharing unicorn is reportedly in talks to buy out… Read More>>
$1 Bil Dick Clark Deal is Wanda’s Latest Cross-Border MegaFlop
Billionaire Wang Jianlin’s dream of becoming a Hollywood mogul slipped just a bit further beyond the horizon last week when the owner of TV studio Dick Clark Productions filed suit against Wang’s Dalian Wanda Group for failure to honor the… Read More>>
Country Garden Closes Sales Offices for $100 Bil Malaysia Project Amid Capital Clampdown
China’s third largest developer has closed mainland sales offices for its largest overseas project as authorities in Beijing keep a tight grip on the country’s capital account.
Country Garden Holdings has shut the doors to sales offices in Shanghai and… Read More>>
China Vanke JV Acquires Pair of San Francisco Commercial Buildings
China Vanke has secured its second joint venture development project in San Francisco, according to an announcement this week by a financial institution which backed a pair of acquisitions by the top mainland developer and its San Francisco-based partner, Align… Read More>>
PGIM Real Estate Completes $159 Mil Purchase of Seoul Office Tower
PGIM Real Estate this week reported that it has completed the acquisition of the T Tower prime office building in Seoul’s central business district.
The real estate investment business of Prudential Financial investment management unit PGIM first announced in November… Read More>>
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