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>>
Asia real estate and outbound investment news
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>>
For the second time in one week, Singapore’s sovereign wealth fund GIC has teamed up with Canadian pension giant CPPIB to buy up residential properties in the US, via a $550 million deal for multifamily assets primarily in the country’s… Read More>>
Singapore’s CapitaLand is making its fourth US acquisition in less than six months, buying a Silicon Valley hotel through its serviced residence unit The Ascott Limited in a S$81.5 million ($60.1 million) project.
The investment amount includes Ascott’s planned refurbishment… Read More>>
Greenland Group was once a leader of China’s outbound investment wave, snapping up nearly $19 billion in overseas real estate projects from Los Angeles to London over less than four years.
But the state-owned, Shanghai-based developer has reduced that nearly… Read More>>
China’s URWork has joined forces with an American flexible office provider to open its first US location in downtown Manhattan, as the battle for co-working domination intensifies. The $1.3 billion Beijing startup that aims to be China’s answer to WeWork… Read More>>
Ascott Residence Trust purchased a 224 room hotel near New York’s Times Square in the Singapore-listed REIT’s third New York hospitality acquisition in under two years, according to an announcement today by Ascott Residence Trust Management (ARTML), which manages the… Read More>>
Beijing-based Sino-Ocean Land has become the latest Chinese developer to bet on the Bay Area real estate market, after the state-owned giant bought a San Francisco office asset from Goodwin Gaw’s Downtown Properties, according to an account in TheRegistry.com.
Sino-Ocean,… Read More>>