One trillion dollars (RMB6.6 trillion) will be needed to support China’s efforts at reducing carbon emissions in the next five years, and former US Treasury Secretary Hank Paulson is leading cross-border efforts to provide the know-how and financial backing to… Read More>>
Blackstone Linked to $2.1B in Potential Korean Property Acquisitions
Blackstone could be on the verge of acquiring $2.1 billion in Korean real estate assets, if two reported deals come through for the US alternative investment giant.
Already the biggest landlord in the US, Blackstone is said to have been… Read More>>
Dalian Offering Price Subsidies and Tax Cuts to Spark Home Sales
Despite a drop in unsold inventories of property in May, the mainland still faces an uphill battle destocking millions of square meters of oversupply.This unsold overhang, coupled with diverging market performance nationwide, is leading governments in some second and third-tier… Read More>>
Beijing Macrolink Buys Sydney’s Coca-Cola Building for A$158.5M
Chinese conglomerate Macrolink Group has finalised its purchase of the iconic Coca-Cola office building at Circular Quay in Sydney for A$158.8 million ($119 million).
The Beijing-based group which started as a timber and wood import and export company in 1990… Read More>>
Build to Core Key to Achieving China Real Estate Returns Says LaSalle
One of the region’s biggest gatherings of real estate investors kicked off in Singapore on Wednesday with an examination of how China’s rapidly evolving economy has influenced capital flows into real estate in 2016.
Speaking at the Real Estate Investment… Read More>>
Has Vanke’s $6.9B Defense Been Blocked by China Resources?
China Vanke’s RMB 45.6 billion ($6.9 billion) bid to escape a ‘hostile takeover’ from its largest shareholder has been jeopardized after a recently signed agreement apparently failed to get enough votes from the Shenzhen-based developer’s board of directors.
In a… Read More>>
JLL’s Retail Raven Heading Back to UK with InfraRed
David Raven, head of retail investment for Asia at JLL, is heading back to the UK next month to join InfraRed Capital Partners, after more than three years in the region, according to a report today in the Estates Gazette.
China Vanke Seals $6.9B Deal to Escape Hostile Takeover
The mainland’s largest real estate developer is assured to continue under its current leadership after China Vanke finalised a RMB 45.6 billion ($6.9 billion) agreement to trade shares for sites with the operator of Shenzhen’s subway system.
The agreement, which… Read More>>
Colliers Adds Ng to Expanding HK Retail Team
Colliers International has added veteran leasing specialist Cynthia Ng to its retail team in Hong Kong, amidst a string of retail-related hires by the property services company in the city.
Ng, who joins as director of Retail Services, is a… Read More>>
Trump’s Industry Colleagues Just Voted Him the World’s Biggest Economic Risk
Over 500 of the world’s biggest real estate investors gathered in Shanghai this week for an annual industry gathering to discuss investment prospects amidst a backdrop of tension in the South China Sea and a shaky mainland economy.
But for… Read More>>