Asia Pacific real estate investment news and information
The chairman of mainland developer CC Land has reportedly teamed up with Hong Kong’s CSI Properties and Asia Standard International Group (ASI) to purchase Nan Fung’s Octa Tower in Kowloon Bay for HK$8 billion ($1 billion).
The mainland-Hong Kong consortium’s… Read More>>
Hong Kong-based private equity real estate firm Gaw Capital Partners is putting the London headquarters of British retail giant Marks & Spencer up for sale with a price tag of approximately £250 million ($335 million).
The private equity real estate… Read More>>
US private equity firm Blackstone Group has forged the largest-ever fund dedicated to property investments in Asia by holding a final close on Blackstone Real Estate Partners Asia II (BREP II), at around $7.1 billion of capital commitments.
Blackstone’s second… Read More>>
Warburg Pincus-backed Kailong has purchased eight properties in Hong Kong over the last year, and now the real estate fund manager is taking a few pages from WeWork’s success story as it plans to redevelop this HK$3.7 billion ($471 million)… Read More>>
While the words Korea and Singapore have dominated the news headlines this week, some of the world’s biggest real estate investors are focusing their gaze on the suddenly less exciting South Korea, where chances of a meaningful sale and purchase… Read More>>
The US federal government has given the green light for Beijing-based real estate investor China Oceanwide Holdings Group to take over American insurer Genworth Financial, nearly 20 months after the $3.8 billion deal was first announced.
The approval by the… Read More>>
HNA Group continues to shed US assets to pay off its debt burden, with the Hainan-based conglomerate this past week having been reported this past week to have sold the Minneapolis City Center mall and an adjacent office building for… Read More>>
The world’s priciest office market is driven by two types of demand — from cost-conscious multinationals, and from monied mainland firms, according to Neil Anderson, Head of Office Space at Hongkong Land, whose company owns Jardine House and the Exchange… Read More>>
Hong Kong-listed developer Far East Consortium (FEC) is making another move to bolster its portfolio in Singapore, buying a freehold residential project near the Orchard Road shopping district from a seller believed to be US private equity giant Blackstone for… Read More>>
A consortium led by Chinese property giant Greenland Group has completed its exit from what was once touted as a $2 billion project on the West Coast of the US less than two years after buying the site.
Greenland USA… Read More>>
