Australia’s reviving office markets leads today’s look at real estate news from around the region, as Canada’s Oxford Properties exits a North Sydney asset. Also making the list are a deal to recapitalise a Lendlease retail fund and Singapore’s CapitaLand… Read More>>
Vanke Sets Up $220M Housing JV with Govt Insurers in Fresh Sign of State Support
China Vanke has set up a RMB 1.6 billion ($220 million) rental housing joint venture with a pair of government insurers, according to an announcement on Tuesday, in what analysts see as a sign of further state support for the… Read More>>
Shui On Selling 65% Stake in Shanghai Project to State-Backed Fund for $170M
Shui On Land has agreed to sell a 65 percent equity interest in a Shanghai commercial project to a fund controlled by state-owned insurer Dajia Life for RMB 1.2 billion ($170 million).
The disposal is in line with Shui On’s… Read More>>