The Canada Pension Plan Investment Board (CPPIB) and Phoenix Mills have teamed up to develop, own and operate retail assets across India in a deal that could see Canada’s biggest pension fund investing up to $246 million into the Indian… Read More>>
Country Garden Plans First India Project in 2017 and More Asia Real Estate Headlines
China’s third largest developer is now targetting another overseas market, as Country Garden announced plans to move into India. Also in the headlines today, China Oceanwide agrees to buy tech media group IDG, and CapitaLand has a new commercial project… Read More>>
After China Splurge, CPPIB Kicks Tires On $300M Indian Mall Deal and More Asia Real Estate Headlines
While China had Singles’ Day earlier this month, Friday brings about the biggest shopping day in America, Black Friday. Not to be outdone by overzealous shoppers looking to grab the hottest toy, several real estate players made their own purchases… Read More>>
Panel Urges Ban on Chinese SOE Acquisitions in the US and More Asia Real Estate Headlines
Friday brings good news for Wheelock while Hong Kong homebuyers and China’s state owned enterprises are probably looking forward to get the week done with. Starting with the good, Wheelock won a residential site in its home market for HK$6.39… Read More>>
Asia’s Hottest Real Estate Market? It’s India
What do Blackstone, Dalian Wanda, Brookfield and Fosun International all have in common? They are among the big name players who have invested billions of dollars into India’s real estate market. And it looks as if they are not the… Read More>>
Blackstone’s Stephen Schwarzman Banks $250M in 5 Days Thanks To Chinese Buyers
What’s another $250 million to a billionaire? Probably not much, but it still wasn’t a bad five days at the office for Blackstone boss Stephen Schwarzman whose net worth jumped a quarter of a billion dollars last week thanks to… Read More>>
Singapore’s GIC Invests $720 Mil in Indonesian Warehouses And More Asia Real Estate Headlines
Monday’s news features GIC spending $720 million on Warehouses in Indonesia, China busting $148 billion in underground banking operations as part of its ongoing battle to keep cash within its borders, new levels of tiny for Hong Kong apartments and… Read More>>
Brookfield Agrees to Buy $1B in Indian Commercial Assets
Brookfield Asset Management continues to bet on India’s property sector as the Canadian investment firm has reportedly agreed to pay Rs 67 billion ($1 billion) to buy 4.5 million square feet (418,000 square metres) of prime commercial space from a… Read More>>
Fosun Said Planning $1B India Real Estate Platform
Fosun International is entering the Indian property market and plans to invest nearly $1 billion through a real estate platform it is setting up on the sub-continent, according to India’s Economic Times. If completed, this would be the second major… Read More>>
Blackstone Said Planning India’s First REIT and More Asia Real Estate Headlines
Crescendoing housing sales in Hong Kong and on the mainland dominate the headlines today with China’s government struggling to find ways to contain an asset bubble while continuing to fuel top-line economic growth. Leading the way, however, is the world’s… Read More>>