Asia real estate and outbound investment news
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>>
Greenland USA faces an uncertain future in California, but that hasn’t stopped the US arm of Chinese developer Greenland Group from bagging a $310 million construction loan to finish off the third phase of a $1 billion complex in downtown… Read More>>
HNA Group is said to be selling off a controlling stake in its Manhattan office tower at 245 Park Avenue to real estate investment trust SL Green Realty, amid a panic sale of more than $14.5 billion in assets by Chinese… Read More>>
A consortium led by Chinese property giant Greenland Group has completed its exit from what was once touted as a $2 billion project on the West Coast of the US less than two years after buying the site.
Greenland USA… Read More>>
GIC, Singapore’s sovereign wealth fund, has formed a joint venture to acquire a stake in a high tech office portfolio in the Playa Vista area of western Los Angeles, according to a statement today by the $100 billion government investment… Read More>>
Dalian Wanda’s story in the last year has been a cascade of woe as the one-time world-beating investor has sold off projects in the UK, Australia and China due to a mix of regulatory and financial pressures.
However, a recently… Read More>>
A group of investors led by Singapore’s sovereign wealth fund GIC is betting $800 million that the US will need more storage space for an exponentially growing universe of data.
GIC has teamed up with Denver-based investment firm Mount Elbert… Read More>>
China’s Greenland Group is reportedly shopping the hotel within its flagship mixed-use project on the US west coast only 10 months after it opened, in the latest sign of overseas strains for the state-owned property firm.
Greenland USA, the company’s… Read More>>
A government clampdown on outbound investment has stifled many of China’s biggest buyers of overseas real estate, but Greenland Holdings is bucking the trend by going nearly all-in on its joint venture to develop part of a $5 billion New… Read More>>
