Asia Pacific real estate investment news and information
Ivanhoé Cambridge announced today the appointment of George Agethen as Senior Vice President, Asia-Pacific, Growth Markets.
Agethen’s recruitment comes as the Canadian real estate fund manager steps up its activities in Asia after leading more than $1.3 billion in Chinese… Read More>>
Chinese real estate developer Oceanwide Holdings is taking on its fourth US project after agreeing to acquire a pair of Manhattan sites for $390 million.
Oceanwide acquired the project through its Hong Kong-listed subsidiary, China Oceanwide Holdings, which announced last… Read More>>
Australia’s fourth-richest man, James Packer, just sold his 3,345 square metre Sydney estate for a record $51 million to a property developer from southern China’s Guangdong province.
Packer, who runs the Crown Resorts casino group and is heir to one… Read More>>
A company belonging to private equity firms Carlyle Group and CLSA Capital Partners has sold an office tower in Shanghai’s Pudong district to Hong Kong-listed Yuexiu REIT for RMB 2.63 billion ($423 million).
Yuexiu REIT, which is controlled by Guangzhou-based… Read More>>
Cheung Kong Property Holdings, the real estate company belonging to billionaire Li Ka-shing is reportedly selling its Century Link commercial project in Shanghai for RMB 20 billion ($3.22 billion).
Should the sale of the as-yet-unopened 360,000 square metre Pudong complex… Read More>>
China’s Fosun International continues to bet on Europe as the private investment giant confirmed this week that it is buying a landmark Milan office building.
The Shanghai-based company led by billionaire Guo Guangchang is said to be paying 345 million… Read More>>
Dalian Wanda, the commercial real estate developer controlled by Chinese billionaire Wang Jianlin, is planning to close 40 of its department stores and 80 other venues as the company shifts its focus to new business areas such as ecommerce and… Read More>>
Anbang Insurance, which last year paid a record $1.95 billion for New York’s Waldorf Astoria hotel, is reportedly on the brink of buying London’s Heron Tower for £750 million ($1.16 billion).
The acquisition of the 46-storey London landmark, which is… Read More>>
China’s insurers have gained worldwide attention for their real estate purchases in New York and London over the last two years, but a soon-to-be disclosed deal in Shanghai shows that these financial giants are also playing a growing role in… Read More>>
Global Logistic Properties is doubling down on its investment in China’s logistics real estate market with a new $7 billion fund dedicated to building more distribution centres across the country.
China Logistics Fund II, or CLF II, officially closed today… Read More>>
