Asia real estate and outbound investment news
HNA Group is putting up for sale a pair of hotels, one each in Shanghai and in Hainan province, as the financially-troubled mainland fights to stay solvent.
The two hospitality properties, both of which are fully completed and operational, could… Read More>>
Blackstone has snapped up a portfolio of Japanese warehouses that includes online shopping giant Amazon’s Greater Tokyo distribution centre for around JPY 100 billion ($920 million), as the US investment manager zeroes in on Japanese e-commerce.
Blackstone confirmed that a… Read More>>
Shared office giant WeWork is taking over Singapore’s HSBC building after the bank moves out early next year, according to an announcement by the office tower’s landlord today.
WeWork is set to gain occupancy of the 200,470 square foot (18,624… Read More>>
A Beijing court has announced plans to auction off an office tower formerly owned by fugitive Chinese billionaire Guo Wengui on a bad asset website operated by Taobao according to a listing on the site belonging to Alibaba Group.
Pangu… Read More>>
A pair of funds managed by Blackstone are selling a Hong Kong-based self-storage company to a developer controlled by one of the city’s wealthiest families, according to a stock exchange announcement today.
Hanison Construction, which is majority owned by the… Read More>>
Boston-based Bain Capital Credit has committed $300 million to D&J China in a bid to accelerate the developer and fund manager’s next phase of growth, according to a joint announcement by the companies.
Set up five years ago by Warburg… Read More>>
New World Development’s K11 division has won an occupancy permit for its latest Hong Kong office project, kicking off formal leasing activity for K11 Atelier King’s Road, according to an announcement by the company late last week.
The 22-storey office… Read More>>
China’s online retail giants continued their invasion of the physical shopping world this past week as a fashion ecommerce player backed by Tencent and JD.com agreed to buy an outlet mall chain for RMB 2.9 billion ($422 million).
New York… Read More>>
A Hong Kong joint venture fronted by a privately-held affiliate of Wing Tai Group has agreed to buy an office building in London for around £225 million ($282 million), according to market sources who were in contact with Mingtiandi.
The… Read More>>
Britain’s pioneer of bagless vacuum cleaners and bladeless fans, James Dyson, has already broken new ground in his adopted home of Singapore, with the billionaire reportedly paying the highest price ever for an apartment in the city-state.
The man who… Read More>>
