Real estate fund manager KaiLong is reported to have sold eight office floors in a commercial property in Hong Kong’s Sheung Wan neighbourhood for a combined HK$350 million ($45 million), as the Warburg Pincus-backed firm continues its strata sales strategy… Read More>>
Kailong Founder Hei Ming Cheng Named ULI Mainland China Chair
Hei Ming Cheng, founder and chairman of Warburg Pincus-backed real estate fund manager Kailong, has been named chair of the Urban Land Institute’s mainland China chapter, according to a statement by the real estate industry nonprofit.
Cheng, who has three… Read More>>
Warburg Pincus-Backed Kailong Promotes Don Tan to Managing Director
Kailong Real Estate Investment has promoted Don Tan to managing director of fund management, just three months after the private equity firm reached a final close of $575 million on its second US-dollar denominated, China-focused property fund.
Based in Kailong’s… Read More>>
Kailong Grabs Kowloon Site for HK$448M, Readies for Tsim Sha Tsui Project
Kailong Real Estate is preparing to start work on its latest Hong Kong project after purchasing a pair of aging buildings in the Tsim Sha Tsui district of Kowloon, according to the firm’s top executive in the city.
A joint… Read More>>
Kailong Raises $575M to Close Greater China USD Fund at 30% Over Target
Kailong Real Estate Investment has announced that its second US-dollar denominated, China-focused property fund has reached a final close of $575 million — more than 30 percent above the fund manager’s original target.
The announcement comes six months after the… Read More>>
Warburg-Backed Kailong Sells Floor in Hong Kong Building for HK$31M
Real estate fund manager KaiLong Group has made its first sale at a renovated office building in Hong Kong’s Sheung Wan area, as the Warburg Pincus-backed fund manager continues its strata sales strategy in the city.
Kailong sold the 6th… Read More>>
Exclusive – Kailong Reaches $500M Close of Greater China Real Estate Fund II
Fund manager Kailong Real Estate Investment has reached a $500 million closing on KaiLong Greater China Real Estate Fund II, its latest US dollar value add fund, according to a senior executive of the Warburg Pincus-backed firm.
The company, which… Read More>>
Allianz Investing $175M in KaiLong Greater China Real Estate Fund
Global insurance giant Allianz is committing an estimated $175 million to a commercial real estate investment fund targetting opportunities in China, managed by Warburg Pincus-backed KaiLong Group.
Allianz announced on Monday that it is taking a 35 percent share in… Read More>>
Greenland Group Said in Talks to Buy HK’s Hsin Chong and More Asia Real Estate Headlines
Shanghai’s largest developer may be expanding its Hong Kong presence with the purchase of one of the SAR’s oldest construction companies. Also in the news today, the Beijing government seems committed to upping the housing supply in China’s capital and… Read More>>
Allianz Buys $196M Beijing Asset From Goldman and Kailong in Drive for $1.1B China Portfolio
Allianz has acquired its first Beijing office building as the German financial giant works to substantially boost its China holdings.
The company’s real estate investment division, Allianz Real Estate, purchased ZLink, a business park complex in the city’s Zhongguancun high… Read More>>
