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Vanke Swire Pacific ceremony

Vanke Buys Swire Cold Chain Logistics Unit for RMB 2B

2018/08/15 by Michael Cole Leave a Comment

Top three mainland developer China Vanke had a busy month in July, spending more than RMB 25.4 billion to add 33 new real estate projects around the country as it pushed to expand its land bank via project acquisitions in… Read More>>

Donald Trump

Trump Said Forcing HNA to Sell $463M NYC Office Tower

2018/08/14 by Michael Cole Leave a Comment

HNA has already sold more than $17 billion in assets in 2018, but even that hypersonic rate of disposals may not be fast enough for the US government, which is now said to have given the Chinese conglomerate an ultimatum… Read More>>

Suyi Kim CPPIB

CPPIB Invests in $500M ESR South Korea Logistics Fund

2018/08/11 by Richard Meyer Leave a Comment

The Canada Pension Plan Investment Board (CPPIB) announced this week that it is investing in a new $500 million investment fund targeting South Korean logistics assets in cooperation with ESR and its Korean subsidiary, Kendall Square Asset Management.

The deal… Read More>>

Victor Li CK Asset

CK Asset Wins Tender for HK$38B MTR Project in HK’s Wong Chuk Hang

2018/08/09 by Michael Cole Leave a Comment

Victor Li’s CK Asset Holdings has won the tender for a 1.5 million square foot (139,000 square metre) project in Hong Kong’s Wong Chuk Hang area, according to an announcement today by the city’s MTR Corporation, which sold the combined… Read More>>

Embassy's Jitu Virwani

Blackstone Boosts Asset Portfolio in Run-Up to $1B India REIT IPO

2018/08/08 by Richard Meyer 1 Comment

Blackstone is transferring more investments into India’s first real estate investment trust just ahead of the proposed initial offering. The US investment giant’s local partner in the pioneering real estate deal, Embassy Group, is said to also be tweaking its… Read More>>

Yu Liang Vanke

China Vanke Jumps on Mixed-Use Site Near Shanghai’s Caohejing for RMB 9.8B

2018/08/02 by Rafiaa Rumjahn Leave a Comment

Despite a government clampdown that has scared developers away from bids for sites at the fringes of Shanghai and other major cities, a site in the Chinese commercial hub’s Xuhui district still proved appealing enough to persuade China Vanke to… Read More>>

Broderick Storie PAG

PAG Pulls in HK$600M Profit Selling Hong Kong Data Centre

2018/08/01 by Rafiaa Rumjahn Leave a Comment

Alternative investment firm PAG has reportedly made a profit of HK$600 million ($76.44 million) via its recent sale of a data centre in the Hong Kong industrial district of Kwai Chung, less than three years after purchasing the property.

Having… Read More>>

HNA Chen Feng

HNA Said Selling $46M Wuhan Logistics Park to Hopu, Haikou Supertall to Poly

2018/07/31 by Matt Haldane Leave a Comment

China’s embattled HNA Group is continuing its series of asset disposals with its sale of an 80 percent stake in an uncompleted Wuhan logistics project to an affiliate of superinvestor Fang Fenglei’s Hopu Capital for RMB 312 million ($45.8 million),… Read More>>

Pansy Ho Shun Tak

Pansy Ho Makes Record-Setting HK$900M Purchase of Pad on HK’s Peak

2018/07/26 by Rafiaa Rumjahn 1 Comment

Shun Tak Holdings managing director Pansy Ho was revealed on Thursday to have bought a luxury house at 28 Gough Hill Road on Hong Kong’s Victoria Peak for HK$900 million ($114.69 million), the highest square-foot price in Asia for a… Read More>>

Ken Ng Angelo Gordon

Angelo Gordon, Chellaram’s Aim for 37% Profit Just Six Months After Buying Kowloon Assets

2018/07/25 by Rafiaa Rumjahn Leave a Comment

Angelo, Gordon & Co and the family behind the Chellaram trading and transport company are offering to sell a set of three office floors in Kowloon East for around 37 percent more than they paid to purchase them… Read More>>

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