Asia real estate and outbound investment news
LimeTree Capital has acquired a portfolio of nine underground car parks in Beijing for RMB 761 million ($107 million) from Soho China, as the private equity company increases its holdings of what it calls an “undervalued and under-researched” asset.
The… Read More>>
A world record parking space leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that logistics tycoon Johnny Cheung Shun-yee has sold a bay in a Hong Kong office tower for just under $1… Read More>>
At the top of today’s news, the private equity affiliate of one of China’s big four “bad banks” and its US partner have raised a major loan for a portfolio of Manhattan hotels and troubled conglomerate HNA faces another setback…. Read More>>
Warburg Pincus is raising its bet on niche real estate assets in China, with an affiliate of the US private equity firm leading a RMB 1.5 billion ($227 million) round of financing for the country’s biggest car park manager, Sunsea… Read More>>
Beleaguered home buyers in China’s largest cities look like they’ve caught a break this year, as average housing prices in Beijing slid 0.1 percent in July and subsided by 0.2 percent in Shenzhen after growing more than 40 percent last… Read More>>
China’s sovereign wealth fund and its largest insurer are backing a consortium of investors to buy the biggest parking operator in North America in a deal estimated to top $1 billion, the companies revealed last week.
A unit of China… Read More>>
