Asia’s richest man, Wang Jianlin, took his Dalian Wanda Group from a little known property developer to China’s biggest builder of malls in just over a decade. But now the billionaire, whose real estate business enjoyed Hong Kong’s biggest IPO… Read More>>
Gaw Capital Leads $938M Deal for HK’s Intercontinental Hotel
Hong Kong-based Gaw Capital Partners announced on Friday that it has led the acquisition of the Intercontinental Hong Kong Hotel, together with institutional investors advised by the private equity real estate firm.
Gaw and its co-investors purchased the 503-room hotel… Read More>>
Shui On Said Selling Corporate Avenue One to HK’s Link REIT for RMB 7.4B
Cash-strapped developer Shui On Land is said to be close to concluding a deal to sell the first phase of its Corporate Avenue commercial complex in Shanghai for RMB 7.4 billion ($1.19 billion).
The buyer of the prime real estate asset is… Read More>>
Chinese Billionaire Buys Goldman Sachs London HQ
Hui Wing Mau, the billionaire chairman of Shanghai-based real estate developer Shimao Holdings, has officially become a player in the European market with his purchase of a central London office complex.
Hui, who has already acquired commercial real estate assets… Read More>>
Fosun Enters Investment JV with UK’s Resolution Property
Fosun Property Holdings, the real estate arm of China’s biggest private investment firm, signalled its interest in acquiring more assets in Europe today by announcing a new joint venture with UK-based Resolution Property.
The joint venture company is to be… Read More>>
LaSalle Investment Co-CEO Phillip Ling Retires
LaSalle Investment Management announced this week that Phillip Ling, Co-Chief Executive Officer, Asia Pacific, has retired from the real estate investment firm as of June 30th.
The leadership transition means that Mark Gabbay will now be LaSalle’s sole CEO in… Read More>>
Shanghai Leads China’s Top 5 Cities for Real Estate Investment
Shanghai ranked as the top Chinese city for real estate investment for the third year in a row, according to survey results released recently by the Urban Land Institute (ULI).
Despite what the real estate industry professional organisation referred to as rising… Read More>>
Colliers Makes CBRE’s Nigel Smith Its New Head for HK
Colliers International announced on Friday that it has brought over Nigel Smith from rival CBRE to become its new managing director in charge of its Hong Kong business.
The hire of Smith, who formerly managed CBRE’s office leasing services for… Read More>>
Alibaba’s Jack Ma Buys 28,100 Acre New York Estate
Chinese has already become famous for its wealthy buyers of overseas homes, and now one of its most famous billionaires has purchased a 28,100 acre (11,371 hectare) estate in New York that formerly belonged to the Rockefeller family.
Jack Ma,… Read More>>
Chinese Now Biggest Cross-Border Buyers of US Homes
Chinese buyers bought more US homes, for more money, than any other foreign investors last year, as China’s wave of outbound investment continues to spread globally.
Home buyers from mainland China, Hong Kong and Taiwan together purchased $28.6 billion worth… Read More>>
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