Asia Pacific real estate investment news and information
Blackstone is said to have ended discussions over a potential HK$31 billion buyout of mainland commercial developer Soho China due to current market conditions undermining the feasibility of the deal.
The US fund management giant has pulled back its offer… Read More>>
New World Development has listed for sale a Hong Kong commercial property at an asking price of HK$3 billion ($390 million), as the company looks to offload non-core assets, according to a person familiar with the matter who spoke to… Read More>>
The financial muscle of one of China’s largest financial institutions was on display today as Sun Hung Kai Properties confirmed earlier reporting by Mingtiandi that Ping An Insurance was buying into its West Kowloon commercial project by announcing the mainland… Read More>>
China’s Anbang Insurance is suing Korea’s Mirae Asset Management for failing to pay for the $5.8 billion acquisition of a portfolio of 15 high-end US hotels, after the coronavirus pandemic stalled financing for the transaction.
The nationalised mainland insurer filed… Read More>>
A little-known mainland developer has braved the economic uncertainty caused by the COVID-19 pandemic to buy a commercial site in central Shanghai’s Jing An district for RMB 6 billion ($850 million), according to a government announcement.
Lanhai Holdings Group, which… Read More>>
Logos Group has reached a first close on its fourth China logistics venture, teaming up with a trio of global institutional investors to raise $800 million for warehouse developments across the country.
The Aussie logistics developer and fund manager announced… Read More>>
The COVID-19 crisis has made real the unimaginable in many ways, and now Hong Kong is seeing a site on the world’s most expensive shopping strip being put on the market for the first time in a decade, Mingtiandi can… Read More>>
Singapore’s Perennial Real Estate Holdings has broken through a virus-induced lull in the investment market to notch the Southeast Asian financial hub’s biggest property sale so far in 2020.
The SGX-listed developer announced today that it has agreed to sell… Read More>>
City Developments Ltd (CDL) has found opportunity in the COVID-19 crisis to expand its real estate holdings in mainland China by acquiring a majority stake in a Chongqing-based developer for an initial investment of RMB 4.39 billion ($621 million).
The… Read More>>
American movie theatre chain AMC Entertainment Holdings Inc is said to be close to bankruptcy, eight years after Chinese conglomerate Dalian Wanda bought the Kansas-based company for $2.6 billion.
Shares in the NYSE-listed firm closed down 20 percent to $2.08… Read More>>
