Asia real estate and outbound investment news
Singapore’s City Developments Ltd (CDL) has acquired a 32,000 square metre commercial project near Shanghai’s Hongqiao transportation hub in its second real estate investment in the mainland megacity in less than one month.
CDL’s wholly owned subsidiary, CDL China Limited… Read More>>
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>>
Singapore’s GIC has acquired its third European student housing project in five months as the sovereign wealth fund announced on Friday that it has agreed to invest in a £227 million ($283.5 million) joint deal for a complex at Aston… Read More>>
DBS Group has sold the PwC Building in Singapore’s financial district to Canadian insurer Manulife for an agreed value of S$747 million ($525.7 million) according to an announcement on Friday to the city’s stock exchange.
The deal for the 28-storey… Read More>>
Chinese real estate giant R&F Properties has added to its string of more than 15 overseas projects by signing an A$6.3 billion ($4.8 billion) deal to build around 10,000 homes in Brisbane, Australia.
The development heavyweight signed an agreement earlier… Read More>>
Fullshare Holdings, a Nanjing-based property developer known for it astounding share price performance, announced this week that it has entered into agreement to buy GSH Plaza, a prime office building in Singapore’s Raffles Place for S$725.2 million ($512 million).
The… Read More>>
Property consultancy Cushman & Wakefield has unified its branding worldwide, with the company once known in much of Asia as DTZ/Cushman & Wakefield dropping the first three letters of its name as of today.
With the trustworthy global brand and… Read More>>
Singapore-listed City Developments Limited (CDL) has taken its latest bet on the UK real estate market by acquiring a site in London’s Battersea district for £58 million ($72.4 million).
CDL purchased the freehold Ransomes Wharf site on the south bank… Read More>>
Billionaire Stanley Ho’s Shun Tak Holdings has made its first major commercial acquisition in Singapore after the Hong Kong-listed company acquired a 61 percent stake in a commercial project along the city’s famed Orchard Road commercial strip.
Shun Tak paid… Read More>>
HNA Group is reportedly acquiring a 50-storey Chicago office tower for nearly $360 million as the mainland conglomerate adds to its tally of more than $14 billion in US acquisitions over the past year.
An HNA affiliate has agreed to… Read More>>
