Putin’s best-known billionaire admirer is about to step into the White House and just in case Russia wasn’t being sent enough love, one of China’s best known tycoons just gave the country his own $168 million vote of confidence.
Guo… Read More>>
Asia real estate and outbound investment news
Putin’s best-known billionaire admirer is about to step into the White House and just in case Russia wasn’t being sent enough love, one of China’s best known tycoons just gave the country his own $168 million vote of confidence.
Guo… Read More>>
“China’s Warren Buffett” has a point to make — that he is as good at selling assets as buying them.
In an open letter to his employees on December 8, Guo Guangchang, who controls China’s largest private conglomerate Fosun International,… Read More>>
Singapore’s sovereign wealth fund heads to Europe for the second time this week to pick up an additional portfolio of student housing with student accommodation specialist GSA, while Kerry Properties shows its confidence in the Hong Kong market with a… Read More>>
Fosun International is entering the Indian property market and plans to invest nearly $1 billion through a real estate platform it is setting up on the sub-continent, according to India’s Economic Times. If completed, this would be the second major… Read More>>
Guo Guangchang’s Fosun, one of China’s biggest property investors, is expanding its portfolio into sports teams, as the Shanghai-based firm is said to be seeking to acquire AC Milan, after buying the UK’s Wolverhampton football team last month. Also in… Read More>>
Wang Jianlin took another step toward his dream of privatising his Wanda commercial property business this week when the $4.4 billion plan received backing from one of his biggest shareholders, while the wannabe entertainment impresario made what is said to… Read More>>
Things must be getting more challenging in Hong Kong, as the city’s richest man seems to be reconsidering his outlook on the mainland, after selling several properties there. Plus, Fosun’s Guo Guangchang says he can help foreign retailers jump over… Read More>>
The mainland’s publicly listed developers have taken on more debt than ever in the last year, but over the in the US, major mainland investments are expected in the hotel sector. Plus Anbang’s Wu Xiaohui decides to skip an event… Read More>>
While Shanghai may not have supplanted Hong Kong as Asia’s financial centre, it seems to be surpassing its southern neighbor for land values, judging by recent auction prices. Plus CapitaLand Commercial Trust doubles down on its own project in Singapore,… Read More>>
China’s biggest private investment conglomerate put its PR machine into hyperdrive last week as the company worked to reassure markets that it had completely recovered from the detention of its chairman last December. Plus, Dutch pension fund manager APG explains… Read More>>