China’s insurance giants continue to show off their hunger for US real estate with Ping An Insurance reportedly preparing a bid for a 209,000 square metre (2.25 million square foot) office complex in the San Francisco bay area.
Ping An,… Read More>>
Chinese Insurers Will Drive Outbound Deals to $20B in 2015 Says JLL
Cross-border real estate acquisitions by Chinese investors are on a path to reach a record $20 billion in 2015, as mainland insurers go after overseas assets, according to property consultancy JLL.
With trophy deals such as Anbang Insurance’s $1.95 billion… Read More>>
Mingtiandi Leads HK Panel with Vanke and Ping An
With cross-border real estate investments from China heading past $15 billion per year for the first time in 2015, last week’s PERE Global Investor Forum event in Hong Kong attracted a crew of industry heavyweights to discuss industry trends and… Read More>>
Ping An Commits $1B to US Logistics Real Estate
Ping An Insurance Group, one of China’s five largest insurers, this week became the first major Chinese cross-border investor in the logistics real estate market by committing as much as $1 billion to a joint venture warehouse investment platform in… Read More>>
China Ping An Said to Buy Shanghai Office Tower for RMB2.24 Bil
China’s insurers have gained worldwide attention for their real estate purchases in New York and London over the last two years, but a soon-to-be disclosed deal in Shanghai shows that these financial giants are also playing a growing role in… 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>>
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>>