In this week’s edition of People in the News, a Softbank-backed budget hotel chain has made a double leadership appointment, naming a new chief operating officer for India and South Asia as well as a chief executive officer for Southeast… Read More>>
ARA Teams Up with CICC Capital to Buy Chengdu Mall From Tishman Speyer Fund
After selling a pair of mainland commercial properties late last year for a combined RMB 5.56 billion, Singapore’s ARA Asset Management this month entered into a joint venture to buy a Chengdu retail property from a Tishman Speyer-managed fund.
For… Read More>>
HNA Adds Nine Overseas Properties to Fire Sale
Just days after stories emerged of China’s HNA Group putting some 82 properties on the market, a list of nine overseas properties being offered for sale by the defaulting conglomerate has been obtained by mainland news website, thepaper.cn.
HNA’s latest… Read More>>
GIC, Tishman Said Selling India Project for $314M and More Asia Real Estate Headlines
At the top of today’s pan-Asian grab bag of headlines, Singapore’s sovereign wealth fund and a leading US developer are reportedly looking to sell a joint venture office project in one of India’s tech clusters. Also in the news, Hong… Read More>>
Tishman Speyer Signs $1.4B Deal with Chinese Online Wealth Manager Creditease
American real estate developer Tishman Speyer signed a funding agreement with the wealth management arm of China’s fintech heavyweight CreditEase this week which could provide the US company with as much as $1.4 billion in funding from Chinese consumers.
The… Read More>>
Tishman Speyer Teams with Lenovo for $1.35B Shenzhen Project
Real estate developer Tishman Speyer continues to bet on the China dream with the US company announcing last week that it has secured its first project in Shenzhen, through a RMB 9 billion ($1.35 billion) joint venture with mainland high… Read More>>
Transportation Tops Interest Rates Says Speyer in Shanghai
Property values will increasingly be driven by public transportation, rather than interest rates as more and more people jam themselves into the world’s cities, says Rob Speyer, CEO of US developer Tishman Speyer. Addressing the annual ULI Asia Pacific Summit… Read More>>
Tishman Speyer, Blackstone and Gaw to Lead ULI Summit in Shanghai
One of the real estate industry’s biggest regional events comes to Shanghai this week when the annual meeting of the Urban Land Institute (ULI) is held in the city from June 15th through the 17th.
The ULI APAC Summit, organised… Read More>>
Ping An: We Are The Anti-Anbang
One week after Anbang abandoned its $14 billion bid for Starwood amidst a storm of speculation and investigation, Ping An Insurance Group took the opportunity to cast itself in a new light: as the anti-Anbang.
In an interview with the… Read More>>
Shui On Said Selling Corporate Avenue Phase 3 for RMB 3.57 Bil
For the second time in one week, Shui On Land is said to be close to selling a prime office project in Shanghai, this time for a reported RMB 3.57 billion ($575 million).
The project on the block this week… Read More>>
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