Evergrande offshore creditors are demanding control equity stakes in the developer as well as its two Hong Kong subsidiaries, with that story leading Mingtiandi’s collection of headlines around the region. Also making the list, Blackstone has raised $2.6 billion to… Read More>>
Carlyle Seeks $4B Exit Deal for McDonald’s China and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, US private equity giant Carlyle Group reportedly seeks a buyer for part of its stake in McDonald’s China, and McKinsey warns on remote work. Also on the list, Guangzhou R&F Properties faces a… Read More>>
Canadian Ambassador’s Marriage to Blackrock APAC Boss Raises Conflict of Interest Concerns
Just months after Canada fired its ambassador to China for questioning his country’s approach to the US-Huawei dispute, the North American country’s chosen replacement is facing questions of potential conflicts of interest surrounding his wife’s role as head of Blackrock… Read More>>
McKinsey Reveals the Real Reasons Chinese Buy Overseas Property
McKinsey and Company, along with China Minsheng Bank recently released a study of the investment preferences of Chinese high net worth individuals, and results contradict much of the conventional wisdom regarding China’s wealthy.
While an industry has sprung up around… Read More>>