Asia real estate and outbound investment news
Singapore’s sovereign wealth fund has made a fresh shopping trip to Paris, picking up yet another commercial tower in the City of Light.
GIC, which has over $100 billion in assets under management, announced on Friday that it has acquired… Read More>>
South Korea investment brokerage Mirae Asset Daewoo, together with French asset manager Amundi Real Estate has completed its acquisition of the Jean-Paul Viguier-designed Majunga Tower in Paris, according to a joint announcement by the two parties earlier today.
The South… Read More>>
HNA’s increasingly turbulent flight path leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news of trouble in the cockpit as long-haul flights at Hong Kong Airlines may be axed, while bounteous fund raising by mainland… Read More>>
Korean investors continue to raise their profile in cross-border real estate investment as JR AMC has purchased an office building in France from Tishman Speyer for KRW 220 billion ($194 million) according to reports in the Korean press.
The Seoul-based… Read More>>
China Investment Corporation (CIC) decided a little retail therapy was in order after announcing it had recorded a loss on overseas investment in 2015 a few months back. For the sovereign wealth fund this shopping binge meant investing €188 million ($206… Read More>>
Dalian Wanda Group, the property, entertainment and finance conglomerate controlled by billionaire Wang Jianlin, confirmed on Friday that it will co-invest with France’s Auchan Group in the 3.1 billion euro ($3.4 billion) Europa City leisure and retail project being developed… Read More>>
China Investment Corporation (CIC) is close to making the first major Chinese investment in French real estate, after submitting a $1.2 billion bid for a portfolio of shopping malls belonging to CBRE Global Investors.
The $653 billion sovereign wealth fund… Read More>>
