In today’s roundup of regional news headlines, Hong Kong’s New World Development sets sights on its biggest-ever project in China, private equity titan Blackstone picks up a pair of assets in India, and Singapore’s GLP forms a logistics investment partnership… Read More>>
Asia’s largest real estate investment trust has made its second major bet on mainland China retail this year with the RMB 3.2 billion ($501 million) acquisition of a shopping mall in Guangzhou.
Link REIT announced late Friday that it was… Read More>>
America’s largest landlord has made the biggest-ever purchase of an industrial real estate asset in China, as Blackstone has agreed to acquire a majority stake in a Guangzhou logistics park for $1.1 billion, according to an announcement today.
Blackstone is… Read More>>
In announcing its third quarter results at the end of October, Capitaland Retail China Trust (CRCT) took care to single out the improved performance of its Rock Square mall in Guangzhou, while also highlighting an expansion of its investment remit… Read More>>
Ascott Residence Trust said Monday it has agreed to sell the Ascott Guangzhou and the Citadines Didot Montparnasse Paris serviced apartments for S$191.4 million ($138.8 million) as the Singapore-listed real estate investment trust seeks to monetize assets despite the COVID-19… Read More>>
A mainland real estate princess stepped up to queen this week as 31-year-old Chu Kut Yung was named Chairman of Hopson International Development Holdings, according to a stock exchange announcement on Monday.
Chu, whose name in Mandarin is Zhu Jurong,… Read More>>
One more global retail giant has retreated from the mainland China market in the face of growing local competition as a unit of Nanjing-based Suning announced this week that it has taken over a chain of convenience stores from Hong… Read More>>
A mainland property developer controlled by a nephew of the founder of Agile Property Holdings has filed for an IPO on the Hong Kong exchange, as the family behind the top 30 mainland developer expands its Guangdong-based real estate empire.
The latest regulatory wave in China involves the central government’s hard line on illegal villa developments, as Mingtiandi’s round-up of China regulatory news finds Evergrande, Country Garden and other developers paying the price for building illicit luxury projects in Hainan,… Read More>>
Hong Kong-listed Sun Hung Kai Properties announced on Friday that it had won a tender for a second plot of land near Guangzhou’s Qingsheng high speed rail station at a price of RMB 1.19 billion ($177 million).
The company controlled… Read More>>