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Greentown China Song Weiping

Greentown China Announces $2.9B Global Investment Plan

2017/01/11 by Michael Cole Leave a Comment

After teetering on the edge of bankruptcy in 2014, real estate developer Greentown China has bounced back. Just two years after nearly selling itself to pay off creditors, the once insolvent home builder this week announced a RMB 20 billion… Read More>>

Adam Aasen Great Eagle

Great Eagle’s US Unit Buys Seattle Hotel Site for $18 Mil

2017/01/10 by Michael Cole Leave a Comment

Pacific Eagle, a US real estate developer controlled by Hong Kong’s Great Eagle Holdings today announced the acquisition of five contiguous land parcels totaling 19,440 square feet (1800 square metres) in Seattle’s Belltown neighborhood. The off-market purchase is the latest… Read More>>

Ding Xuedong

China’s CIC Buys CPPIB Stake in Rockefeller Center Tower for $1.03B

2017/01/04 by Michael Cole Leave a Comment

China Investment Corporation (CIC) has forked out $1.03 billion to purchase a 45 percent stake in a building in New York’s iconic Rockefeller Center, a deal which makes the Chinese sovereign wealth fund one of the biggest buyers of Manhattan… Read More>>

Jeffrey Shen ESR

E-Shang Redwood Closes $300M Investment in Run Up to IPO

2017/01/04 by Michael Cole Leave a Comment

e-Shang Redwood (ESR) has closed on a $300 million round of investment led by a consortium of mainland investors as the Asian logistics developer prepares for a potential 2017 initial public offering.

The company, which was formed last January by… Read More>>

Madeleine Cosgrave

Singapore’s GIC Sovereign Wealth Fund Grabs 50% Stake in UK Mall for $60 Mil

2017/01/02 by Michael Cole Leave a Comment

Singapore’s sovereign wealth fund GIC has made its fourth European real estate investment in the past four months – this time snatching up a 50 percent stake in a new shopping mall in the UK for 48.5 million pounds ($60… Read More>>

Guo Guangchang

Fosun Sells 50% Stake in Shanghai Bund Project for RMB 5.33B

2016/12/22 by Michael Cole 1 Comment

“China’s Warren Buffett” has a point to make — that he is as good at selling assets as buying them.

In an open letter to his employees on December 8, Guo Guangchang, who controls China’s largest private conglomerate Fosun International,… Read More>>

Wang Jianlin

Dalian Wanda Sells Failed Madrid Project at $75M Loss

2016/12/21 by Michael Cole Leave a Comment

After abandoning plans to renovate a Madrid landmark, Wang Jianlin’s Dalian Wanda Group has sold off the historic Edificio Espana at a loss equivalent to $75 million, according to a statement to the Hong Kong stock exchange last week.

Wanda,… Read More>>

Chen Feng HNA

HNA Group Sets 2nd Hong Kong Land Record in 2 Months with HK$5.4B Kai Tak Deal

2016/12/20 by Michael Cole Leave a Comment

China’s HNA Group continued its acquisition spree this week by returning to Hong Kong’s land market for a second record-setting site purchase in as many months.

The parent company of China’s Hainan Airlines agreed on Monday to pay HK$5.4 billion… Read More>>

Landy Kaye Warburg Pincus

Warburg Pincus Raises $2 Bil for Latest China Fund

2016/12/15 by Michael Cole Leave a Comment

New York-headquartered private equity firm Warburg Pincus says it has raised a $2 billion fund to invest in China across sectors such as consumer goods and services, finance, healthcare, real estate, and energy as well as technology, media and telecommunications.

… Read More>>

Wilson Leung Angelo Gordon

Angelo, Gordon Hits $850M for Final Closing of Asia Real Estate Fund

2016/12/15 by Michael Cole Leave a Comment

New York-based alternative investment firm Angelo, Gordon & Co says it has reached a final closing for its third Asian real estate fund with total capital commitments of approximately $850 million, exceeding the fund’s $750 million target.

AG Asia Realty… Read More>>

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