Asia real estate and outbound investment news
An investment fund backed by Anbang Insurance’s Korean subsidiary has purchased the Metro Tower in Seoul from real estate fund manager Angelo, Gordon and Company and local partner Vestas Investment Management, according to accounts in the Korean media.
The fund… Read More>>
Hong Kong chief executive Carrie Lam announced in early October that government bureaus are developing new policies to revitalise old industrial buildings for non-industrial use, but the city’s real estate investors have already begun buying up aging workshops and warehouses… Read More>>
Beijing-based URWork has raised RMB 300 million ($46 million) from a trio of mainland investment firms in a series C funding round that values the mainland co-working provider at RMB 9 billion ($1.3 billion), according to a recent announcement by… Read More>>
Singapore’s Keppel Land has purchased an 18 hectare residential site in Wuxi, China, for RMB 2.53 billion ($387 million) via a government land tender, the company announced on Monday.
Approved for development of a gross floor area of about 360,500 square… Read More>>
Christmas has come and gone but New Year’s Day is still on the way, which means that there’s still time for all of us here at Mingtiandi to wish our faithful readers a happy holiday season.
It’s been a great… Read More>>
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>>
In 2015 it was defaulting developers and cross-border binging that dominated Asia’s real estate headlines. This year, the defaulting disease seems to have eased, only to be replaced by co-working fever.
Also grabbing investor attention in 2016 were record-setting deals… Read More>>
