Nearly two years after Gaw Capital led an investment consortium that acquired Hong Kong’s Intercontinental Hotel for $938 million, Pioneer Global Group, which is controlled by the city’s Gaw family, has agreed to invest $118.4 million to acquire an additional… Read More>>
DBS Sells Singapore’s PWC Building to Manulife for $526 Mil
DBS Group has sold the PwC Building in Singapore’s financial district to Canadian insurer Manulife for an agreed value of S$747 million ($525.7 million) according to an announcement on Friday to the city’s stock exchange.
The deal for the 28-storey… Read More>>
John Lim, Warburg Pincus Said Planning Buy Out of ARA Asset Management
The region’s real estate investors are bracing for news of the latest $1 billion deal as reports spread of ARA Asset Management CEO John Lim leading a buyout of the Singapore-listed firm.
ARA, which counts Hong Kong tycoon Li Ka-shing… Read More>>
China Makes It Easier for Insurers to Invest in Real Estate – and more of Today’s China Real Estate Links | May 16, 2012
Here is a list of the day’s latest China real estate news collected from around the web:
China’s insurance regulator will allow insurers to invest in a wider range of corporate bonds… Read More>>