Asia’s real estate players opted not to take a break, even on an August weekend, with China’s sovereign wealth fund said to be closing in on an A$500 million investment into a Melbourne project, while a certain US presidential candidate’s… Read More>>
JLL Boosts Greater China Hotel Team Amid Mainland Tourism Boom
International real estate service provider JLL is ramping up its hotel brokerage team in Greater China as the mainland undergoes an unprecedented tourism boom.
The US-based property consultancy is expanding its Hotels & Hospitality Group in Shanghai and Hong Kong… Read More>>
Did Anbang Just Secretly Spend $1.6B to Buy a Canadian Hotel Chain?
After withdrawing its $14 billion bid for Starwood Hotels & Resorts on April Fools’ Day, China’s Anbang Insurance Group has apparently moved on to acquire a hotel group in Canada, as what appears to be an affiliate of the mainland… Read More>>
Hotel Investment Conference Kicks Off in Shanghai This Week
Representatives of China’s hotel investment giants, including Greenland Group, Fosun, and Poly Group will meet face to face with global hospitality leaders from Accor, Hyatt, Hilton, and Intercontinental Hotel Group amidst a surge in Chinese tourism investments both domestically and… Read More>>
Anbang Sets Cross-Border Record Buying $6.5B in Hotels from Blackstone
Anbang Insurance Group has set a new record for cross-border real estate acquisitions by Chinese investors in agreeing to buy 16 hotels worth $6.5 billion from Blackstone Group.
The Chinese state-owned insurer, which stunned the world with its $1.95 billion… Read More>>
Jin Jiang Said to Join Chase for Carlyle’s $1.1B French Hotel Chain
Shanghai-based hotel operator the Jin Jiang Group is said to have joined the bidding for B&B Hotels, making it the second mainland Chinese firm to pursue the French econo-chic hospitality brand.
The Carlyle Group, which currently owns 80 percent of… Read More>>
Shanghai Construction Group Buys Orange County Hyatt for $137M
Shanghai Construction Group became the latest Chinese buyer of an overseas hotel recently when a US subsidiary of the state-owned giant picked up the Hyatt Regency Orange County for $137 million.
The southern California hotel acquisition by SCG America is… Read More>>
Gaw Adds London Office Complex and SG Hotel to Growing List of Deals
Private equity real estate firm Gaw Capital Partners has added another $921 million in new deals to its growing list of cross-border property acquisitions by picking up an office block in London and a hotel in Singapore, according to media… Read More>>
China’s Shenzhen Hazens Breaks Ground on 3rd LA Hotel
New York may be the most successful city at attracting Chinese real estate investment, but the progress of developer Shenzhen Hazens Real Estate Group in southern California underlines the appeal of the Golden State for mainland property fans.
Privately owned… Read More>>
Hyatt Heir Teams with China’s Wanxiang Group for $1B in US Hotel Deals
Geolo Capital, the private equity firm controlled by Hyatt heir John Pritzker has announced a partnership with Wanxiang America to invest up to $1 billion in US hotels.
Wanxiang America, the US branch of Hangzhou’s Wanxiang Group, is already one… Read More>>
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