Asia real estate and outbound investment news
Canadian pension fund managers CPPIB and QuadReal, together with warehouse developer Global Logistic Properties, have established a €2 billion ($2.29 billion) venture to invest in European logistics facilities, the three companies revealed in a joint announcement today.
Together the partners… Read More>>
Chinese billionaire Wang Jianlin has added a new chapter to the unwinding of his plans for a global real estate empire as reports last week confirmed that his Dalian Wanda Group had sold a prime Los Angeles site that was… Read More>>
American flexible working space provider WeWork on Tuesday announced that its largest shareholder, SoftBank, has committed another $3 billion to the company, boosting its valuation to at least $42 billion.
Softbank is investing in WeWork through a warrant that allows… Read More>>
Singapore’s CapitaLand announced on Tuesday that its Raffles City China Investment Partners III (RCCIP III) fund has formed a 50:50 joint venture with Singapore’s sovereign wealth fund GIC to acquire the Star Harbour International Center project (上海星外滩) project in Shanghai’s Hongkou… Read More>>
US private equity firm Warburg Pincus on Monday announced that it is investing up to $413.5 million into Weave Co-living, and has launched the partnership with a $181 million bet on the sharing economy startup.
The partnership with Weave is… Read More>>
Global property investment manager TH Real Estate announced on Thursday that it has launched a $2 billion open-end core property fund focused on key cities in the Asia Pacific region. The manager’s parent company, Teachers Insurance and Annuity Association of… Read More>>
Grosvenor Group today announced the appointment of Sing Cheong Liu as non-executive chairman of the UK-based developer’s Asia Pacific board, replacing Keith Kerr.
62-year-old Liu, a veteran chartered surveyor who also served as the founding chairman of the Royal Institute… Read More>>
Top 20 mainland Chinese developer R&F Properties has asked shareholders to approve a HK$10.7 billion ($1.4 billion) sale of Hong Kong-listed shares, in its first equity fundraising effort since 2006.
The planned issue of H-shares comes two months after the… Read More>>
Hong Kong’s commercial centre of gravity may have just shifted a few MTR stops eastward as Swire Properties announced today that its latest office tower in Quarry Bay, One Taikoo Place, has now reached 100 percent occupancy.
Swire revealed that… Read More>>
Hong Kong billionaire property developer Li Ka-Shing’s CK Asset Holdings is in talks with a partner in a joint venture that owns Earls Court, a 3.4 million square foot (374,000 square meter) estate in west London to purchase a majority… Read More>>
