Shared office giant WeWork leads the news again today as Japan’s Softbank decides to wager another $1 billion that leasing offices on a retail basis will continue to be a growth industry. Also in the news, a UK sports retailer… Read More>>
Jin Jiang Said Weighing Bid for HNA’s Radisson Hotels and More Asia Real Estate Headlines
HNA Group jumps back into the region’s real estate headlines today as the Chinese conglomerate tries to shake off its debt hangover with a potential $2 billion sale of Radisson Hotels to Shanghai’s Jin Jiang Group and appoints a new… Read More>>
Temasek Said Eyeing Deals for HNA-Owned Firms and More Asia Real Estate Headlines
Leading today’s roundup, distressed Chinese conglomerate HNA Group may get some mileage out of its new friendship with Temasek Holdings, as the Singaporean investment firm is said to be pondering deals for HNA-owned Swissport Group and Gategroup. Also in… Read More>>
Sanpower Selling House of Fraser After Launching Just Two Stores in Four Years
China’s Sanpower Group is poised to sell a majority stake in troubled UK retailer House of Fraser, less than four years after the Nanjing-based conglomerate bought an 89 percent interest in the department store chain.
Sanpower subsidiary Nanjing Cenbest (Nanjing… Read More>>
Asia Real Estate People in the News 2016-10-03
It may be a holiday week, but that hasn’t stopped some of Asia’s real estate professionals from starting new positions. Nanjing’s Sanpower added a cross-border investment specialist, while Xinyuan Real Estate brought onboard a new CFO, and DTZ | Cushman… Read More>>
GIC Could Be Biggest Asian Loser From Brexit and More Asia Real Estate Headlines
Global real estate markets are likely to spend this week figuring out the impact of Brexit with Asian investors, including GIC facing some of the biggest worries, while agencies in Hong Kong are already reporting brisk sales of London projects… Read More>>
Li Ka-shing-Backed ARA Fund Completes RMB 2.48B Sale of Nanjing IFC
Real estate services firm Jones Lang LaSalle (NYSE: JLL), announced today that its client – ARA Asia Dragon Fund – had concluded the en-bloc sale of Nanjing International Finance Center to SanPower Group for a total transaction value of RMB… Read More>>
Li Ka-shing Continues to Dump China Assets with RMB 3 bil Nanjing Sale
Asia’s richest man, Li Ka-shing continued to retreat from the mainland property market by selling a Nanjing commercial building recently for RMB 3 billion.
China’s Xinhua news agency reported on January 1st that mainland conglomerate SanPower Group indicated it had… Read More>>
