A record RMB 31 billion ($4.6 billion) joint bid from China Merchants Shekou Industrial Zone Holdings and Overseas Chinese Town won a mixed-use site at Shenzhen’s planned new convention and exhibition center in the southern Chinese city’s Bao’an district, the… Read More>>
Li Ka-Shing Could Make HK’s Biggest Property Deal With $4.5 Bil Sale of The Center
Hong Kong’s richest man could make the city’s biggest property sale, thanks to the support of mainland investors hungry for properties in the Asian financial hub.
The Center office tower, the tallest building in the portfolio of Li Ka-shing’s Cheung… Read More>>
Megan Walters Named Head of Research for Asia Pacific at JLL
Dr Megan Walters has been promoted to lead JLL’s research efforts across Asia Pacific. Walters, who is based in Singapore will take over from Dr Jane Murray in the property consultancy’s top research role in the region on October 1st… Read More>>
LaSalle Launches $1 Bil Asia Opportunity Fund
LaSalle Investment Management is looking to raise $750 million to $1 billion for its latest Asian investment fund, LaSalle Asia Opportunity Fund V (LAOF V), following the successful deployment of $485 million under the previous vehicle in the series of… Read More>>
Shui On Land Still Troubled by Debt After RMB 16B in Asset Sales
Shui On Land’s earnings are not expected to bounce back this year, and the real estate developer remains troubled by balance sheet issues, despite selling landmark properties for more than $2.5 billion over the last two years.
According to a… Read More>>
Gemdale Invests $70 Mil in NYC Condo Tower for 4th US Deal in 12 Months
Chinese real estate developer Gemdale Properties & Investment has made its fourth major investment in the US over the last 12 months, and its first in New York, as the Shenzhen-based firm continues to expand its North American footprint.
The… Read More>>
Christian Ulbrich Takes Over From Colin Dyer as JLL Global CEO
JLL announced today that Christian Ulbrich, who has been the property consultancy’s president since June, will also assume the position of Chief Executive Officer effective October 1, 2016. Ulbrich succeeds Colin Dyer, who will retire from JLL at the end… Read More>>
Knight Frank Appoints Bunny Wang Head of Intl Capital Markets and Project Marketing for China
The flood of Chinese capital into foreign real estate markets is claiming more of the attention of international property brokerages, and UK-based Knight Frank made its own bid to capture a bigger slice of mainland cash today by announcing Bunny… Read More>>
Carlyle Keeps Focus on China Logistics After $460M July IPO
Carlyle Group’s head of real estate for Asia says the US private equity giant plans to keep looking for opportunities in China’s logistics sector, following the successful July IPO of China Logistics Property Holdings.
The Shanghai-based warehouse developer raised nearly… Read More>>
E-Shang Redwood Wins LEED Gold for Kunshan Warehouse
Regional warehouse developer e-Shang Redwood (ESR) has won LEED Gold certification for its Redwood Kunshan Distribution Centre 1 in Kunshan, Jiangsu province, a burgeoning logistics hub just west of Shanghai.
The 61,851 square metre, two-storey facility won the high level… Read More>>
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