Asia Pacific real estate investment news and information
GIC is ramping up its exposure to Indian real estate, with an investment firm managed by the Singaporean sovereign wealth fund buying a stake in Mumbai-based developer Godrej Properties Ltd for about Rs 1,000 crore ($150 million).
Godrej Properties said… Read More>>
Gaw Capital has closed its third US value-add real estate fund with total commitments reaching a hard cap size of $412 million, the Hong Kong-based private equity shop announced. The Gaw Capital US Fund III will mainly target real estate… Read More>>
New World Development has won the right to develop a HK$20 billion ($2.5 billion) commercial complex adjacent to the Hong Kong International Airport that will be almost five times the size of the city’s IFC Mall.
The city’s Airport Authority… Read More>>
While in talks to sell over $3 billion of overseas assets in the United States and Europe, debt-ridden HNA Group has offloaded another project in China for $456 million as the Hainan-based conglomerate struggles to climb out of a $100… Read More>>
Wanda Commercial Management Group, formerly known as Dalian Wanda Commercial Properties Co, recorded a 22 percent drop in profit generated from investment properties in 2017, according to a report in Tencent-owned business new site Yixian.
The developer’s operating profit from investment… Read More>>
Just under one year after resigning as head of the development giant that he founded, former China Vanke chairman Wang Shi has resurfaced as co-chairman of a Changsha-based builder that once hoped to construct China’s tallest building, according to a… Read More>>
Guangzhou-based developer Country Garden has successfully sold off RMB 1.7 billion ($270 million) in securities backed by cashflows from its rental housing initiative, according to a report in the official Shanghai Securities News on Friday.
The sale, which has been… Read More>>
HNA Group has the highest interest expenses among Asian companies in the financial year of 2017, even topping Japanese conglomerate Softbank Group, according to a Bloomberg report. To address a debt crisis triggered by its recent two-year acquisition binge the… Read More>>
Two weeks after a top Chinese government planning body warned against the “blind” construction of theme parks, Walt Disney unveiled the first expansion of its Shanghai Disney Resort with the presence of municipal government representatives sporting grins nearly as large… Read More>>
Needing to pay off $29 billion in financial liabilities by June 30th, embattled Chinese conglomerate HNA is seeking investors for a $1.5 billion investment vehicle so that the group can continue the acquisition streak that generated its current debt load,… Read More>>
