Asia real estate and outbound investment news
Hong Kong’s “Shop King”, Tang Shing-bor, has put a portfolio of commercial and residential properties on the market for a combined HK$1.5 billion ($190 million), according to a local news report.
Property consultancy Savills, which is marketing the Kowloon and… Read More>>
Singapore Press Holdings has scrapped its acquisition of a portfolio of senior living facilities in Canada, as the potential impact of COVID-19 on property values triggers second thoughts on valuations.
The SGX-listed media and property conglomerate announced to the stock… Read More>>
Singapore Press Holdings has made its second overseas investment in senior living facilities this week as the media and property conglomerate announced today that it has agreed to pay C$232.9 million ($176.6 million) to acquire a set of Canadian properties.
Beijing-based private equity firm Cindat Capital Management has announced a joint venture with US healthcare REIT Omega Healthcare Investors to buy up the remaining interest in a portfolio of 67 UK senior housing properties .
The Cindat–Omega joint venture paid… Read More>>
Keppel Corporation has agreed to buy half of Watermark Retirement Communities, an American company with 52 senior homes in the US and plans to add eight more by 2020. If the deal is finalised, the purchase price will be approximately… Read More>>
Earlier this month, Australia’s largest provider of senior housing entered the China market for the first time, taking advantage of what many investors see as one of the biggest opportunities in the country’s fast-growing real estate market.
A forecast by… Read More>>
Australia’s largest provider of senior housing is entering the Chinese elder living market for the first time. Aussie property developer Lendlease is set to develop a RMB 1.9 billion ($302 million) senior living community in Shanghai, China, according to a… Read More>>
Fosun International has acquired a 5.11 percent stake worth $65 million in US senior housing operator Brookdale Senior Living, according to a filing with the US Securities and Exchange Commission. Through the investment, the Shanghai-based conglomerate replaces Blackrock as the… Read More>>
With China’s masses still nursing their new year hangovers, the US leads Asia’s real estate headlines as the Trump clan looks for ways to avoid formal charges while still cashing in on the region’s love for property. Beyond the adventures… Read More>>
Wanda returns to its quest for theme park hegemony today by boldly going where Mickey and Minnie would fear to tread. Plus, a major state-run developer announces plans to ramp up Hong Kong projects just days after China’s top authorities… Read More>>
