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>>
Ping An Makes Second London Acquisition for $490M
China’s Ping An Insurance has made its second acquisition of a major London real estate asset by acquiring Tower Place in the city’s insurance district for ₤327 million ($490 million) according to sources familiar with deal.
The purchase of the… Read More>>
China Real Estate People in the News 2014-12-29
It may be the holiday season, but at least some of greater China’s real estate professionals have been keeping themselves busy finding new opportunities straight through the festivities. This week we have a Chinese insurance giant scooping up more talent,… Read More>>
China Real Estate People in the News 2014-12-15
The weather may have turned cold and the skies over Beijing are running thick, but job changes don’t stop for China’s real estate professionals. This week a veteran China real estate hand gets naked, two veteran brokers take a step… Read More>>
Chinese Insurers Bid $1.3B for European Real Estate as Deal Wave Continues
Following close on the heels of Bank of China’s agreement last week to buy a New York tower for $600 million, two more major Chinese institutions are said to be bidding for overseas real estate assets, with the total value… Read More>>
China Allowing More Borrowing For Real Estate as Market Slides
Just days after two private surveys reported that China’s average home prices continued to fall in August for the fourth straight month, there are growing signs that the government is allowing more borrowing in an attempt to bail out the… Read More>>
LaSalle Sells Chengdu Logistics Project to Ping An
An investment fund belonging to LaSalle Investment Management has agreed to sell its 100 percent share in a 90,000 square metre warehouse project in Chengdu, Sichuan province, to Ping An Real Estate as demand for logistics assets in China continues… Read More>>
China’s Insurers in No Rush to Buy Real Estate
Mainland insurers are off to a slow start in property investments in and outside the country as they gradually build up specialised teams and pin down strategies following a relaxation of policies by state authorities.
In 2012, the industry… Read More>>
Developer Greenland Raises RMB 11.73 Bil in Equity Sale
The overseas acquisitions of China’s most adventurous real estate developer seem to be paying off as Greenland Holdings recently raised RMB 11.73 billion (US$1.93 billion) from five domestic investors.
The share sale to a group of domestic Chinese investment funds… Read More>>
Chinese Investment in London Property Up 1500% Since 2010
Research released last week by Jones Lang LaSalle shows that Chinese investment in London real estate has risen over 1500% since 2010, increasing from US$88.2 million to over US$1.63 billion at the end of quarter three 2013.
This increase means… Read More>>
