Blackstone is doubling down on one of its favourite Asian property plays with the US private equity giant having agreed to purchase a pair of Japanese resorts in a JPY 20 billion ($130 million) deal, according to market sources who… Read More>>
Country Garden Readies $530M in Assets for Sale and More Asia Real Estate Headlines
Country Garden has put $530 million worth of assets on the block in Guangzhou in a bid to repay debt due within the next six months, with that story leading Mingtiandi’s headline roundup today. Also making the news, The Ritz-Carlton… Read More>>
Hong Kong’s Far East Consortium Marketing Aussie Ritz-Carltons for Reported $342M
Hong Kong-based developer Far East Consortium (FEC) is marketing a pair of newly built Ritz-Carlton hotels in Melbourne and Perth with a combined 462 luxury rooms, testing the strength of a rebound in sales of hospitality assets.
The listed firm… Read More>>
Fosun Said Bidding to Take Over AC Milan and More Asia Real Estate Headlines
Guo Guangchang’s Fosun, one of China’s biggest property investors, is expanding its portfolio into sports teams, as the Shanghai-based firm is said to be seeking to acquire AC Milan, after buying the UK’s Wolverhampton football team last month. Also in… Read More>>
Perry Ellis Inks JV to Enter China Retail Market – and more of today’s China Real Estate Links | April 30, 2012
Here is a list of the day’s latest China real estate news collected from around the web:
Marriott International Inc. (MAR), the largest publicly traded U.S. hotel… Read More>>