Asia real estate and outbound investment news
US real estate continues to attract Singapore’s state-backed investment giants, with sovereign wealth fund GIC set to purchase a 27-hotel portfolio via a joint venture after reportedly acquiring 328 industrial properties in a separate deal.
Summit Hotel Properties, a New… Read More>>
China has picked up another piece of Manhattan after Taiping Asset Management, an offshore subsidiary of one of the country’s biggest insurance firms, paid $229 million for an undisclosed equity stake in a 58-storey condo development project in New York’s… Read More>>
While China’s real estate industry has been beset by reports of falling prices and slowing sales all of this is apparently good news for the country’s insurance companies, as two of the financial giants compete to take over developer Gemdale… Read More>>
Mainland insurers are off to a slow start in property investments in and outside the country as they gradually build up specialised teams and pin down strategies following a relaxation of policies by state authorities.
In 2012, the industry… Read More>>
