Australia-based Chinese developer Golden Age and partner US investment firm Starwood Capital have shelved plans for a A$600 million ($427 million) Melbourne apartment and hotel complex, and are reportedly selling the site to Proprium Capital Partners Australia amid a slowing… Read More>>
After making our way through days of mooncakes and national celebrations this past two weeks, Asia is back to work in earnest today with top level real estate investment and development executives finding new desks to launch their emails from…. Read More>>
Southeast Asia’s largest developer, CapitaLand, has doubled its investment in the US with a single, $835 million purchase of a portfolio of multifamily properties, according to an announcement by the Singaporean company this week.
The government-linked developer’s CapitaLand International subsidiary… Read More>>
Ascendas-Singbridge has acquired a portfolio of 33 grade A US office properties from Starwood Capital, giving the Singapore-based developer its first holdings in the US market.
Dubbed “The Innovation Collection” by Starwood, the set of commercial assets is estimated to… Read More>>
When 500 movers and shakers in Asia’s real estate scene huddled in Hong Kong today to talk about the latest trends in property investment, the discussion quickly turned to technology, from e-commerce to the blockchain, and its role in transforming… Read More>>
Private equity superstar Barry Sternlicht’s Starwood Capital Group and Chinese developer Shimao Property Holdings are planning a $200 million China hotel joint venture, according to a conversation between Shimao executives and industry analysts this week.
Shimao will own a 51… Read More>>
Maybe the thought of all those holiday shoppers was too much for them, but this week’s barrage of people moves leads off with a trio of retail real estate veterans. Also showing up in new places with new namecards are… Read More>>
China Life Insurance has followed through on its promise to ramp up outbound real estate investment efforts by acquiring a $2 billion stake in a portfolio of US hotels from Starwood Capital Group.
According to a statement by Starwood Capital to NASDAQ,… Read More>>
China’s insurance companies continued their global shopping spree this week when Sunshine Insurance agreed to buy the still unopened Baccarat Hotel in New York for more than $230 million.
According to sources familiar with the transaction, Sunshine is paying the… Read More>>
Hospitality group Starwood Hotels & Resorts Worldwide announced on Friday that it had sold its Sheraton on the Park in Sydney, Australia to China’s Sunshine Insurance Group Corporation for A$463 million (US$401 million).
The acquisition continues a number of major… Read More>>