Hostage drama in a private golf resort is on the playbill for Asia’s real estate investors today as the billionaire founder of one of China’s biggest appliance makers is rescued from an attack in his luxury home.
Also in the… Read More>>
CIC, Hillhouse Plot $13B Buyout of Yum China and More Asia Real Estate Headlines
It’s bring your billions to the table week in Asia as an investment consortium led by Zhang Lei’s Hillhouse Capital assembles capital intensive dream team to buy China’s collection of KFC, Pizza Hut and Taco Bell stores, at the same… Read More>>
First Sponsor Sells Chengdu Hotel for $72M and More Asia Real Estate Headlines
Leading today’s roundup of headlines from around the region, a Singaporean developer is selling a commercial building in southwest China that houses the Millennium & Copthorne-managed M Hotel Chengdu to a local investor. Also in the headlines, US design and… Read More>>
Blackstone Closes in on CRT Buyout And More Asia Real Estate Headlines
At the top of today’s news, US private equity giant Blackstone has received approval in principle to acquire Japanese shopping mall portfolio Croesus Retail Trust for around $650 million. Also in the headlines, Chinese-backed builder John Holland has picked up… Read More>>
Chinese-Owned Aussie Builder Scoops Up Sydney Project for $60M
China Communications Construction Company (CCCC) is pressing ahead with overseas projects, buying an office tower in the heart of downtown Sydney through a local company it bought three years ago, The Australian reported this week.
John Holland, an Australian builder… Read More>>
Greenland Scratches $33.8M Melbourne Project Citing Delays and More China Real Estate Headlines
China’s second-largest developer gives up on a Melbourne project as it struggles to raise interest in its hotel REIT, and media in the UK reveals that an attempted Fosun acquisition was scuttled due to a lack of financial transparency. Meanwhile,… Read More>>
Asset-Light Could Mean Profit-Starved for Wanda and More China Real Estate Headlines 2015-01-28
Some alert investment bankers have noticed that Dalian Wanda has no history of making money from services, Shenzhen developer Kaisa seems to have kissed and made up with the local government and a Chinese company turns one of Australia’s largest… Read More>>