Leading today’s roundup, Dalian Wanda Group may have stepped back from its ambition to crush Disney in China’s theme park market, but that hasn’t stopped the developer from launching a 34,000 square metre indoor amusement park designed by KCC Entertainment… Read More>>
Lim, Warburg Pincus and AVIC Trust Value ARA at $1.3B in Buyout Bid
The management and major shareholders of ARA Asset Management are joining with US private equity giant Warburg Pincus and China’s AVIC Trust in a bid to privatise the Singapore-listed investment manager, according to a statement today to the Singapore stock… Read More>>
Straits Trading Sells Melbourne Tower for $123M and More Asia Real Estate Headlines
It may be the end of the week, but the news keeps rolling in. Today’s headlines include Chew Gek Khim-led Straits Trading Company flipping a Melbourne tower it acquired last year for $123 million, Xinyuan Real Estate buying land in… Read More>>