HNA Group has touched down at the site of Hong Kong’s former airport for the fourth time in as many months, buying its fourth plot of land in Kai Tak in as many months.
In this most recent run, the… Read More>>
Shui On Said Selling Stake in Shanghai Project for $1.6 Bil
Shui On Land, in a bid to pare its debts, is reported to have signed a memorandum of understanding with a buyer to sell off a 50 percent stake in its Ruihong Xincheng mixed-use project for RMB 8 billion ($1.16… Read More>>
JustCo to Open Singapore’s Largest Co-working Space on Shenton Way
JustCo is eager to become southeast Asia’s answer to WeWork, and the Singapore-based flexible office startup has taken a step towards achieving that goal by opening what it says is the city’s largest interconnected co-working centre.
At 40,000 square feet… Read More>>
Country Garden Closes Sales Offices for $100 Bil Malaysia Project Amid Capital Clampdown
China’s third largest developer has closed mainland sales offices for its largest overseas project as authorities in Beijing keep a tight grip on the country’s capital account.
Country Garden Holdings has shut the doors to sales offices in Shanghai and… Read More>>
China Vanke JV Acquires Pair of San Francisco Commercial Buildings
China Vanke has secured its second joint venture development project in San Francisco, according to an announcement this week by a financial institution which backed a pair of acquisitions by the top mainland developer and its San Francisco-based partner, Align… Read More>>
Gaw Closing in on $1.8 Bil in Fresh Capital for Asia Real Estate Opportunities
Gaw Capital Partners is expecting a record haul of $1.8 billion in fresh capital for its Hong Kong-based real estate investment management business, according to a report today in industry journal Private Equity Real Estate.
The new funding includes a… Read More>>
Singapore’s UOL Buys Melbourne Hilton from Host Hotels & Resorts JV for $175 Mil
Singapore-listed real estate conglomerate UOL Group continued to expand its hospitality holdings last week with the announcement of an agreement to purchase the Hilton Melbourne South Wharf hotel in Melbourne, Australia for A$230 million ($175 million).
UOL, which is the… Read More>>
CC Land Buys London’s “Cheesegrater” for $1.42 Billion
A regional developer from western China this week staked out a bigger place for itself in one of the world’s biggest real estate markets with the £1.15 billion ($1.42 billion) of London’s “cheesegrater” office tower.
Chongqing-based CC Land has agreed… Read More>>
GIC Leads RMB 100 Mil Investment in China Co-Living Startup 5Lmeet
Singapore’s GIC is leading a RMB 100 million round of investment in Beijing-based lifestyle real estate startup 5Lmeet, according to a statement released on 5Lmeet’s official WeChat account Monday.
This marks the sovereign wealth fund’s first foray into China’s red… Read More>>
CIC Chief Resigns Ahead of Party Reshuffle
The head of China’s CIC, Ding Xuedong, has stepped down from his role at the $810 billion sovereign wealth fund, according to an account in mainland business website Caixin on Friday.
Ding’s resignation comes amid a broad reshuffle of China’s… Read More>>
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