China’s warehouse market continues to fill up with cash this week after a startup logistics developer announced a joint venture with Ivanhoe Cambridge and CBRE Global Investment Partners that could invest up to $400 million into China’s real estate market.
Gaw Capital Leads $725 Mil Purchase of Seattle Office Tower
Hong Kong’s Gaw Capital has led a group of Asian investors in buying Seattle’s tallest building for $725 million, according to published reports.
The acquisition of the 76-storey Columbia Center office tower from previous owners Beacon Capital of Boston could… Read More>>
China Real Estate People in the News 2015-01-26
The new year sees a flurry of new opportunities for real estate investment professionals in Hong Kong and Shanghai with a retail investment veteran joining Lend Lease, a long-term research expert finding a new corporate home with an Aussie financial… Read More>>
Ping An Makes Second London Acquisition for $490M
China’s Ping An Insurance has made its second acquisition of a major London real estate asset by acquiring Tower Place in the city’s insurance district for ₤327 million ($490 million) according to sources familiar with deal.
The purchase of the… Read More>>
Chinese Insurers Bid $1.3B for European Real Estate as Deal Wave Continues
Following close on the heels of Bank of China’s agreement last week to buy a New York tower for $600 million, two more major Chinese institutions are said to be bidding for overseas real estate assets, with the total value… Read More>>
Carlyle Could Spend RMB 10B to Buy into 9 of China Vanke’s Malls
China’s real estate downturn may turn out to be good news for Carlyle Group as the private equity firm is said to be in advanced talks with China Vanke to buy into the developer’s shopping mall assets.
According to a… Read More>>
Gaw Capital Partners Buys 75 Percent of Korean Commercial Project
Real estate private equity firm Gaw Capital Partners announced today that it has invested in the office, officetel and retail portions of a twin tower building in Seoul.
Located within Seoul’s Yongsan District, the investment in the Dongja 8 project… Read More>>
Shui On Land Forced to Deny Reports of Ciros Plaza Deal
Struggling real estate developer Shui On Land ran into more trouble last week as it was forced to deny reports that it was preparing to spend RMB 3 billion, (US$482 million) to buy a commercial project on Shanghai’s Nanjing Road… Read More>>
Gaw Capital Acquires Beijing Project from Richard Li for US$928M
Real estate private equity firm Gaw Capital Partners announced yesterday that a company belonging to one of its funds has signed a conditional agreement to acquire Richard Li’s Pacific Century Place in Beijing for US$928 million.
The sale by Li’s… Read More>>
Dutch Designers Team with Gaw Capital to Transform HK Warehouse
Hong Kong private equity shop Gaw Capital and Dutch design firm MVRDV have started transforming a Kowloon warehouse into an 18,000 square metre set of luxury loft offices in a developing business area of Hong Kong.
MVRDV’s conversion of the… Read More>>