Asia’s biggest fleet of warehouses is on the block and GLP has narrowed bidders down to a lucky few – but they’re not saying who just yet. Also in the news today, ale-addled Brits who lose their passports in Bangkok… Read More>>
R&F Pays Fine, Escapes Liquidation in Brisbane and More Asia Real Estate Headlines
Part of learning about the development industry in western markets appears to involve getting acquainted with the court system – at least for R&F Properties, as the Guangzhou-based developer settles a court case that nearly closed down its biggest project… Read More>>
GIC Leads Race to Buy Stake in Indian Developer and More Asia Real Estate Headlines
Singapore’s sovereign wealth fund is said to be leading the race to buy a 40 percent stake in an Indian commercial developer for around $1.8 billion, while elsewhere in the headlines Dalian Wanda returns to its hometown in China’s frozen… Read More>>
Dalian Wanda Denies Interest in €6 Bil German Bank Acquisition
Dalian Wanda Group, the property and entertainment conglomerate run by China’s richest man, Wang Jianlin, today denied reports that it was preparing a bid for Germany’s Postbank.
In a statement on its website, the Chinese firm said, “Media reports that… Read More>>
Vanke Sues to Kick Out Baoneng and More Asia Real Estate Headlines
China Vanke may be putting the finishing touches on a Shenzhen upstarts attempt to take over one of China’s leading developers, and Goldman Sachs sees 2017 as a good time to pick up mainland developer shares on the cheap. Also… Read More>>
Wanda Adds to Global Cinema Empire with $929M Nordic Deal and More Asia Real Estate Headlines
Wang Jianlin once again leads today’s headlines as China’s richest man indulges his theatre lust with a $929 million deal to buy 68 theatres in the frozen north. And for China’s real estate elite who choose not to buy Scandinavian… Read More>>
Ant Financial Pushes URWork Valuation to $1B and More Asia Real Estate Headlines
The global co-working craze continues to grab headlines here in Asia as a pair of deals this week push one of China’s top shared office players to a $1 billion valuation, and a Singaporean developer bets on its own mainland… Read More>>
Wanda’s Hollywood Studio Partner Bails After One Year and More Asia Real Estate Headlines
Wang Jianlin’s rough patch may have gotten a bit bumpier this week after the partner in his biggest Hollywood deal exited the company after less than one year. Also in the headlines, China’s home prices headed down in December, and… Read More>>
Dasin Retail Launches $85M Singapore Trust and More Asia Real Estate Headlines
Leading the region’s real estate news today is the latest Singapore-based listed trust, which now offers investors units representing retail properties across Greater China. Also in the headlines, GLP leases more sheds, and the state-backed investors behind Evergrande’s privatisation plan…. Read More>>
Dalian Wanda Revenues Drop 14% Despite Global Expansion Spree
Dalian Wanda Group chairman Wang Jianlin has used his status as China’s richest man to offer speeches and books on the way he built a local real estate company in northern China into one of the world’s largest property developers.
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