Asia real estate and outbound investment news
Hei Ming Cheng, founder and chairman of Warburg Pincus-backed real estate fund manager Kailong, has been named chair of the Urban Land Institute’s mainland China chapter, according to a statement by the real estate industry nonprofit.
Cheng, who has three… Read More>>
Kailong Real Estate Investment has announced that its second US-dollar denominated, China-focused property fund has reached a final close of $575 million — more than 30 percent above the fund manager’s original target.
The announcement comes six months after the… Read More>>
Real estate fund manager KaiLong Group has made its first sale at a renovated office building in Hong Kong’s Sheung Wan area, as the Warburg Pincus-backed fund manager continues its strata sales strategy in the city.
Kailong sold the 6th… Read More>>
Global insurance giant Allianz is committing an estimated $175 million to a commercial real estate investment fund targetting opportunities in China, managed by Warburg Pincus-backed KaiLong Group.
Allianz announced on Monday that it is taking a 35 percent share in… Read More>>
Allianz has acquired its first Beijing office building as the German financial giant works to substantially boost its China holdings.
The company’s real estate investment division, Allianz Real Estate, purchased ZLink, a business park complex in the city’s Zhongguancun high… Read More>>
Hong Kong-based real estate investment manager Kailong is raising a new, US dollar-denominated fund focussing on properties in Greater China, with a target size of $500 million.
Ivan Ho, who has just been promoted to the newly create role of… Read More>>
Warburg Pincus-backed investment manager KaiLong Group has sold an eight-storey office building in Shanghai’s Zhangjiang Hi-Tech Park, achieving a successful exit after picking up the property over three years ago, the company announced.
Although the buyer and financial terms were… Read More>>
Buy a run-down hotel, fix it up for offices, lease to a co-working superbrand, and double your money by flipping the whole package to another fund. That simple recipe just helped Warburg Pincus-invested Kailong bring in a sum reported to… Read More>>
US private equity giant Warburg Pincus last week followed up on its successful investment in logistics developer e-Shang Redwood Group, by acquiring a 40 percent stake in Shanghai-based value-added real estate investment firm Kailong.
The alternative investment firm paid an… Read More>>
