The management and major shareholders of ARA Asset Management are joining with US private equity giant Warburg Pincus and China’s AVIC Trust in a bid to privatise the Singapore-listed investment manager, according to a statement today to the Singapore stock… Read More>>
John Lim, Warburg Pincus Said Planning Buy Out of ARA Asset Management
The region’s real estate investors are bracing for news of the latest $1 billion deal as reports spread of ARA Asset Management CEO John Lim leading a buyout of the Singapore-listed firm.
ARA, which counts Hong Kong tycoon Li Ka-shing… Read More>>
Warburg Pincus-backed D&J China Buys 40% Stake in KaiLong
US private equity giant Warburg Pincus last week followed up on its successful investment in logistics developer e-Shang Redwood Group, by acquiring a 40 percent stake in Shanghai-based value-added real estate investment firm Kailong.
The alternative investment firm paid an… Read More>>
Warburg Pincus and Sun Dongping Commit $220M to China Industrial Developer
Private equity giant Warburg Pincus announced this week that it is joining with Sun Dongping, the chairman of logistics developer e-Shang Redwood, to invest $220 million into business park and manufacturing developer D&J China.
The B-round investment follows the 2014… Read More>>
APG to Buy 20% of Warburg Pincus-Backed e-Shang for $650M
Dutch pension fund asset manager APG Asset Management announced late last week that it is committing up to $650 million to acquire 20 percent of China warehouse developer and operator e-Shang, and to set up a joint venture with the… Read More>>
Shanghai Real Estate Event Attracts Nearly 100 Industry Professionals
Mingtiandi’s first monthly gathering of real estate and finance industry professionals was held last week and attracted a strong turn-out of executives from both international and local firms.
The happy hour event, which was held at KABB at the new… Read More>>
Real Estate Investment Pros Gather in Shanghai This Week
A conference bringing together real estate investment professionals from across Greater China is being held in Shanghai this week to discuss trends in China’s real estate investment market, including opportunities in the senior living market, how to structure investment funds… Read More>>
China Overseas Land Drops 5.1% As Developers Continue Slide
New stocks or old stocks they were still dropping like rocks today as investors continued to punish China’s real estate shares following last week’s bond default by Chaori Solar.
One of the country’s most established players, China Overseas Land &… Read More>>
Warburg Pincus-Backed Chinese Developer Raises $258M in HK IPO
Sunshine 100 China Holdings Ltd, a commercial and residential real estate developer backed by US private equity firm Warburg Pincus had a low-end debut on the Hong Kong Stock Exchange last week as the company’s IPO came in at the bottom of pricing expectations.
Sunshine 100 raised HK$2 billion (US$258 million) after pricing its 500 million share offering at HK$4.00 per share, compared to marketing range of HK$4.00 to HK$4.80 each.
Goldman Sachs Makes US$120 Mil Pre-IPO Loan to China Logistics Developer
China’s least exciting real estate sector is quickly becoming the centre of investor attention, as Goldman Sachs has agreed to provide a US$120 million pre-IPO loan to start-up warehouse developer e-Shang.
The logistics developer and operator, which is based in… Read More>>