Asia real estate and outbound investment news
Mass redundancies lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that an out-of-control co-working giant is shedding 17 percent of its workforce as the company scrambles to stem losses.
In other news around… Read More>>
There is no denying Anbang Insurance Group loves hotels, the mainland insurer has made a number of headline-stealing acquisitions including the $1.95 billion purchase of the Waldorf Astoria last year, but it appears as if the firm may also have… Read More>>
China’s Greenland Group has received global attention for its flurry of projects in New York, London and Sydney, but the Shanghai-based developer seems to have a soft spot for Toronto, after picking up its second project in the Canadian metropolis… Read More>>
China’s Anbang Insurance expanded its growing portfolio of real estate assets to include Canada this month by outbidding at least ten Canadian competitors to purchase an office tower in Toronto for a reported C$110 million ($84.2 million).
Anbang, which leapt… Read More>>
Greenland Group, China’s largest developer by sales, began construction of its third project in North America on Friday when it broke ground on a pair of towers in downtown Toronto.
The King Blue development in Toronto’s entertainment district will include… Read More>>
China’s most aggressive international investor, Greenland Group, has announced a 67,000 square metre Toronto project as its latest overseas real estate acquisition.
The C$400 million (US$360 million) residential development makes Canada the seventh country in which the Shanghai-based developer has… Read More>>
