In today’s roundup of regional headlines, units of Blackstone’s Indian mall REIT climb to a valuation of $1.9 billion in their trading debut, and US real estate mogul Sam Zell passes away after an illness. Also making the news is… Read More>>
Dalian Wanda Faces $5.7B Debt Bill and More Asia Real Estate Headlines
A debt-laden mainland developer leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the company founded by billionaire Wang Jianlin needs to re-finance $5.7 billion of debt maturing this year.
In other news… Read More>>
Sam Zell Re-Ups with ESR – Puts $205M into Japan Warehouse Projects
Sam Zell thinks Asia needs more warehouses, and the Chicago-based real estate magnate has just closed on his first Asian-focused fund, with the objective of profiting from development and operation of new logistics facilities in Japan.
Zell’s Equity International, which… Read More>>
Sam Zell’s Favorite China Logistics Developer Gets $144M Investment From PGGM
Logistics fund manager The Redwood Group this week announced an agreement with Dutch pension fund service provider PGGM that will pour $144M into the group’s warehouse development projects in China.
The investment by PGGM’s Private Real Estate Fund is the… Read More>>
China Logistics Developer Redwood Group Adds Investment Talent
Jonathan McCall has joined regional logistics real estate investment firm The Redwood Group as Investment & Strategy Integration Manager based in Shanghai.
In his new role with the Singapore-based warehouse developer, manager and investors McCall has responsibility for integrating business… Read More>>
Logistics Developer GLP Picks Up $2.51B Investment from Chinese Group
A Chinese investment consortium is wagering $2.51 billion that there is money to be made from China’s need for warehouses, and that Singapore’s Global Logistics Properties (GLP) is well-situated to realise these profits.
The share purchase by the Chinese group… Read More>>
Goldman Sachs Makes US$120 Mil Pre-IPO Loan to China Logistics Developer
China’s least exciting real estate sector is quickly becoming the centre of investor attention, as Goldman Sachs has agreed to provide a US$120 million pre-IPO loan to start-up warehouse developer e-Shang.
The logistics developer and operator, which is based in… Read More>>
Li Ka-Shing is Selling His China Real Estate – Should KKR Be Worried?
Asia’s richest man made headlines earlier this month by announcing plans for two companies that he controls to sell their stakes in a Guangzhou mall, which followed soon after the August announcement of plans for one of the companies to… Read More>>
Henry Kravis Says KKR to Invest in China Real Estate as Banks Stay on Sidelines
Henry Kravis, also known as the second “K” in KKR, was in Hong Kong yesterday to talk about opportunities for successful M&A in the region, and he made it clear that the company sees opportunities for profitable deals, especially as… Read More>>
Singapore’s Mapletree Raises US$1.4 bil for China Real Estate Fund
Singapore’s Mapletree Investments added US$1.4 billion to the private equity funds competing for China real estate assets last week when it announced the closing of its Mapletree China Opportunity Fund II.
The Mapletree fund is one of the largest China-centred… Read More>>