Asia real estate and outbound investment news
Munich-based Wealthcore Investment Management has joined forces with a consortium of Korean investors including Hana Financial Investment to acquire the Hilton Parkview hotel in Vienna for €370 million ($414 million), according to an announcement by the German firm.
Wealthcore and… Read More>>
A US megamansion leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the son of one of the co-chairmen of developer Guangzhou R&F is said to have offered $75 million, via the Zillow… Read More>>
Cloud providers like Google, Microsoft and Alibaba, which house armies of servers in huge bit barns, demonstrated their appeal to real estate investors in Asia Pacific again this week, with two $1 billion data centre partnerships announced in two days.
HNA’s increasingly turbulent flight path leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news of trouble in the cockpit as long-haul flights at Hong Kong Airlines may be axed, while bounteous fund raising by mainland… Read More>>
Singaporean sovereign wealth fund GIC announced last week that it had secured a 25 percent stake in the €2 billion ($2.25 billion) European hotel owner-operator citizenM.
The investment makes GIC the third prong in a trio of shareholders now in… Read More>>
One of China’s most troubled cross-border investors became the mainland’s latest default story this month as a unit of China CEFC Energy informed the Shanghai stock exchange that it had failed to fulfill obligations for bond payments totalling RMB 2.09… Read More>>
China Investment Corporation (CIC) is poised to acquire Blackstone’s European logistics platform for over 12 billion euros ($13.4 billion), UK property news website The Estates Gazette reported on Monday.
The mainland sovereign wealth fund has reportedly moved ahead of rivals… Read More>>
Singapore’s sovereign wealth fund, GIC, has completed its €2.4 billion ($2.7 billion) acquisition of P3, a specialist owner, developer and manager of European logistics properties from TPG Real Estate and Ivanhoe Cambridge. The deal, which is said to be one… Read More>>
New York was too hot, London might be getting too cold, but it seems Prague was just right for the latest Chinese conglomerate looking for cross-border real estate investments.
Privately-held CEFC China Energy last week acquired the Florentinum office complex… Read More>>
GIC is known for its warehouse fixation, and the $100 billion Singaporean sovereign wealth fund has jumped back into logistics once again, acquiring P3 Logistic Parks for €2.4 billion ($2.6 billion) from TPG Real Estate and Ivanhoé Cambridge. The deal… Read More>>
