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>>
China’s Elderly Care Sector Brings Maturing Investment Opportunities Sponsored Feature
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>>
Lendlease Enters China Senior Housing Market With $302M Shanghai Project
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 Bags US Deal with $65M Stake in Brookdale Senior Living
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>>
Kushner’s China Forays Caught in Mueller Inquiry and More Asia Real Estate Headlines
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 Beats Out Disney for Gansu Theme Park Deal and More Asia Real Estate Headlines
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>>
China Facing Senior Housing Glut, Says DBS
During the past year China’s senior living industry has seen a surge of new development projects as developers such as Poly Real Estate, and institutional investors including Taikang Life and Taiping Insurance, bet that recent government liberalisation of the sector… Read More>>
Singapore’s Perennial Hires New CEO for Healthcare Division
Perennial Real Estate Holdings has hired health care industry veteran Liak Teng Lit to serve as CEO of its rapidly expanding healthcare division, and COO of the Singapore-listed property group.
The top level hire was announced by Perennial on Friday,… Read More>>
Vanke, Banyan Tree Form $292M China Hospitality JV
China Vanke has continued to diversify from its core business building middle class homes as the Chinese developer this week entered into a RMB 2 billion ($292 million) agreement with Banyan Tree Holdings to jointly own and manage the Singaporean… Read More>>
Taikang Life Takes $1B Stake In NorthStar’s US-UK Healthcare Portfolio
It may not have the trophy value of five-star hotels, but mainland firms are starting to warm up to health care real estate investment. Nearly $2 billion has been pumped into the sector this month after Taikang Life Insurance entered… Read More>>
