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 REIT Buys Times Square Hotel for $106M in 3rd NYC Acquisition
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>>
Sino-Ocean Land Buys SF Office Building From Gaw Affiliate for $42M
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>>
China Oceanwide Said Leading $1B Bid for Tech Media Pioneer IDG
Mainland real estate developer China Oceanwide Holdings is continuing its overseas investment spree with a move to acquire one of America’s best known names in technology media.
The Beijing-based developer, which has already made more than $3.8 billion in real… Read More>>
Gemdale Chooses Toll Brothers’ $500M Manhattan Condo Project for Latest US JV
Chinese real estate developer Gemdale Properties & Investment has set up its fifth US real estate joint venture in just over 13 months, and its second major project in Manhattan, according to an announcement yesterday to the Hong Kong stock… Read More>>
Cindat Capital Gets Old — Buys US Senior Housing and Health Care Portfolio For $930M
Cindat Capital Management, the private equity affiliate of one of China’s big four “bad banks”, has made its first US health care real estate investment, acquiring a portfolio of senior housing and long-term/post-acute care facilities from Ohio-based Welltower for $930 million.
Teaming up… Read More>>
Celebrating Mingtiandi 2K With Two Weeks in the USA
What you’re reading is the 2,000th blog post at Mingtiandi – just the latest increment in several thousand hours spent building China’s first online real estate intelligence platform in English, but still a milestone that I’m glad to share with… Read More>>
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