At the top of today’s news, the co-chairman of Chinese super-investor/debtor HNA Group claims that the company is a victim of a plot by dastardly reactionary forces. And speaking of cross-border investment, a premium condo tower in San Francisco backed… Read More>>
Ping An Teams Up with Landsea for $1.5B China Rental Housing Fund
China’s Ping An Insurance Group and Landsea Group have become the latest mainland investors to wager on the country’s emerging rental housing market, as steep home prices in major cities fuel enthusiasm for the asset class.
Ping An Real Estate,… Read More>>
Ping An Teams with Mitsubishi to Back $1B Lendlease Sydney Project
Chinese financial services giant Ping An is pushing further into the Australian property market through a $1 billion joint venture with Lendlease and Japanese conglomerate Mitsubishi, according to a statement late last week by the Aussie real estate developer.
Shenzhen-based… Read More>>
HK Office Space Now 76% More Expensive Than NYC and More Asia Real Estate Headlines
China may be celebrating the moon festival, but the real estate market refuses to take a break over this lunar holiday. A new study finds Hong Kong office space is still the most expensive in the world, and IKEA reveals… Read More>>
Ping An Ramping Up Outbound Deals by 500%, Has $22.5B to Spend
Ping An Insurance is already one of China’s biggest cross-border buyers of real estate, but the mainland financial giant now says it could raise its overseas property holdings by as much as 500 percent within five years, as investment returns… Read More>>
George Agethen Joins Ivanhoé Cambridge as Canadian Fund Manager Expands in Asia
Ivanhoé Cambridge announced today the appointment of George Agethen as Senior Vice President, Asia-Pacific, Growth Markets.
Agethen’s recruitment comes as the Canadian real estate fund manager steps up its activities in Asia after leading more than $1.3 billion in Chinese… Read More>>
China’s Ping An “Just Getting Started” on Overseas Property Buys
After investing in more than $1.4 billion of real estate in the US and the UK in the last two years, Ping An Insurance is one of the biggest players in China’s wave of outbound investment. But according to one… Read More>>
China Real Estate People in the News 2015-05-18
This week Greater China’s cadre of real estate professionals is in luck, because Mickey Mouse is still hiring in Shanghai. Over in Taiwan, things seem to have gotten too goofy for the head of one agency’s investment team, and a Chinese… Read More>>
Ping An and China Life Team with Tishman in $500M Boston Project
Two of China’s largest insurers took their first steps into the US market real estate market this week as American developer Tishman Speyer announced that China Life Insurance and Ping An Insurance would take a majority stake in a $500… Read More>>
Country Garden Raises $813M in Share Sale to Ping An Insurance
One of China’s top 10 developers replenished its cash supplies by selling HK$6.3 billion ($813 million) in new shares to Ping An Insurance as the country’s real estate companies grapple with a shortage of both customers and funds in 2015.
