Anbang Insurance’s $1.95 billion purchase of New York’s Waldorf Astoria was one of the biggest real estate stories of 2014 and today the struggles of the mainland firm’s successor to complete the project lead Mingtiandi’s headline roundup.
In today’s roundup of regional news headlines, earnings at Hong Kong billionaire Li Ka-shing’s flagship companies beat views, Singapore’s Ho Bee Land books a gain on a property divestment in Germany, and China’s property woes eat into insurer Ping An’s… Read More>>
Big finance leads this week’s roundup of people moves from around the region, with the asset management division of HSBC naming a new senior executive, and China Ping An Asset Management introducing its new chairman.
Also on our list this… Read More>>
In today’s roundup of regional news headlines, Morgan Stanley’s real estate investment management arm raises $3.1 billion for a global fund, mainland insurer Ping An’s biggest shareholder offloads part of its stake, and JP Morgan slashes its price target… Read More>>
In today’s roundup of regional news headlines, Ping An is reportedly under scrutiny by China’s government about some of the giant insurer’s property investments, while the world’s most indebted developer, China Evergrande, posts a 29 percent drop in first-half net… Read More>>
Singapore’s CapitaLand has agreed to sell partial stakes in six of the nine mixed-use Raffles City developments in China to mainland insurance giant Ping An, as Southeast Asia’s largest developer and the region’s second-largest fund manager continues to turn its… Read More>>
In today’s roundup of regional news headlines, Mapletree is reportedly in talks on the launch of a Singapore-listed student housing REIT, key stakeholders of the Myer Melbourne store make plans to cash out, and Adidas closes its shop in Hong… Read More>>
Jackie Chan has played in more than 140 movies in his nearly 60 year film career but now the action star is starring in another real life drama as a set of apartments occupied by the actor and his family… Read More>>
The financial muscle of one of China’s largest financial institutions was on display today as Sun Hung Kai Properties confirmed earlier reporting by Mingtiandi that Ping An Insurance was buying into its West Kowloon commercial project by announcing the mainland… Read More>>
Brock Silvers, a veteran China investor and private equity executive, has joined Adamas Asset Management in Hong Kong as a managing director as the firm readies a new investment vehicle.
In his new role, Silvers, who previously operated Kaiyuan Capital… Read More>>