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Grosvenor Flips Shanghai Mall to Joy City for $202M

2016/11/24 by Cheyenne Hollis Leave a Comment

Less than three months after selling a 49 percent stake in six of its existing mainland malls, Chinese retail developer Joy City has put some of its cash hoard to work buying a Shanghai shopping centre from the UK’s Grosvenor.

… Read More>>

Macquarie and China Jinmao Team Up For International Real Estate Investment Platform

2016/11/23 by Cheyenne Hollis Leave a Comment

In a case of “I’ll scratch your back if you scratch my back”, Australia’s Macquarie Capital is partnering with China Jinmao to launch a real estate investment platform. The proposed investment vehicle would provide Macquarie with access to mainland investors,… Read More>>

zhang yuliang greenland-tb

Greenland Aborts NYC Hotel Deal Linked to 1MDB Scandal After Feds Step In

2016/11/22 by Cheyenne Hollis Leave a Comment

It looks as if the US government has beaten Chinese developer Greenland Group to a 41 percent stake in Park Lane Hotel, following the Shanghai-based company’s quiet retreat from a Manhattan acquisition it first announced in May of this year.

… Read More>>

Adam Neumann Shanghai

WeWork Founders Splash Down in Shanghai to Open China Flagship Centre

2016/11/17 by Michael Cole Leave a Comment

Shanghai’s fast-growing co-working scene got a touch of celebrity today when WeWork founders Adam Neumann and Miguel McKelvey visited the city to officially launch the office-sharing company’s China flagship location.

The co-founders of the $16 billion startup presided over a… Read More>>

Wang Jianlin Disneyland

Wanda’s $1.1B London Project Delayed Again As Second Builder Bails

2016/11/16 by Cheyenne Hollis Leave a Comment

When Dalian Wanda acquired the $1.1 billion One Nine Elms project from the UK’s Green Property in 2013, it was supposed to be a launchpad for Wang Jianlin’s international ambitions. Unfortunately the London luxury real estate complex has been more… Read More>>

ULI

Asia’s Hottest Real Estate Market? It’s India

2016/11/15 by Cheyenne Hollis 1 Comment

What do Blackstone, Dalian Wanda, Brookfield and Fosun International all have in common? They are among the big name players who have invested billions of dollars into India’s real estate market. And it looks as if they are not the… Read More>>

HK Investors Buy $290M in London Offices This Week

2016/11/10 by Cheyenne Hollis Leave a Comment

With US turmoil grabbing centre-stage, worries over Brexit seem to already be old news for Hong Kong real estate investors, after two locally listed property groups snapped up £234 million ($290 million) worth of London office buildings during the same… Read More>>

John Lim ARA

Lim, Warburg Pincus and AVIC Trust Value ARA at $1.3B in Buyout Bid

2016/11/09 by Michael Cole Leave a Comment

The management and major shareholders of ARA Asset Management are joining with US private equity giant Warburg Pincus and China’s AVIC Trust in a bid to privatise the Singapore-listed investment manager, according to a statement today to the Singapore stock… Read More>>

Tang Wei Leng

BlackRock Said To Put Asia Square 2 On Market for $1.4B as Site Next Door Brings $1.9B Bid

2016/11/09 by Cheyenne Hollis Leave a Comment

A commercial site in Singapore’s Marina Bay financial district brought a record bid of S$2.6 billion ($1.9 billion) today as enthusiasm for office projects revives in the southeast Asian financial hub. And Blackrock may be counting on the interest that… Read More>>

heiming cheng harvey coe

Warburg Pincus-Backed KaiLong Leases SH Building to WeWork, Flips for RMB 500M

2016/11/03 by Michael Cole Leave a Comment

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>>

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