US private equity giant Blackstone Group is building on its more than $5 billion of real estate deals in India by investing about 8 billion rupees ($123 million) in a pair of office projects in Hyderabad, according to reports. The… Read More>>
Blackstone Hires Soho China’s Yan Yan as MD with Asia Real Estate Team
Blackstone today announced that veteran Chinese real estate executive Yan Yan has joined the alternative investment giant as a managing director with its Asia real estate team.
“Yan Yan is an industry leader with an outstanding track record and tremendous… Read More>>
Wanda Waves Bye Bye to Sofitel, Hyatt and Hilton in Quest to Build Own Hotel Brand
Dalian Wanda Group is saying goodbye to its partnerships with foreign hotel operators as the Chinese conglomerate continues its quest to build the first globally recognised Chinese premium hotel brand.
While the company has been forced to abandon its attempts… Read More>>
Hines Promotes Amit Diwan to Head of India Business
Global real estate developer Hines is introducing a new boss for its India operation as the Houston-based company promotes Amit Diwan to managing director and country head.
“We are confident that Amit will build on our standards of excellence in… Read More>>
Co-Working Startup Naked Hub Hires New Expansion Head With Goal of Going Global
Shanghai-based co-working operator naked Hub has hired commercial real estate veteran Paul Mills as Head of Expansion for its fast-growing business, the company revealed to Mingtiandi. Based in the startup’s Shanghai headquarters from last week, Mills leads the global expansion… Read More>>
CBRE Southern China MD Alvin Lau Jumps to Savills
International property consultancy Savills continues to add to its mainland China team after the London-based firm recently introduced former CBRE executive Alvin Lau as Managing Director of its Guangzhou office and Deputy Managing Director of its southern China division.
Lau’s… Read More>>
China’s Biggest Co-Working Operator Opens in New York with High Hopes, New Name
China’s biggest co-working operator has finally opened shop in New York City – and it only took nine months, a legal settlement and a name change to get there.
Mao Daqing’s Ucommune, formerly known as UrWork, gave a series of… Read More>>
Blackstone Takes Minority Stake in Hong Kong’s PAG
US alternative investment giant Blackstone announced today that it has acquired a minority stake in Hong Kong-based private equity firm PAG for an undisclosed sum.
The deal between Stephen Schwarzman’s 33-year-old investment firm and its new Asian-focused partner expands Blackstone’s… Read More>>
Fosun Bags US Deal with $65M Stake in Brookdale Senior Living
Fosun International has acquired a 5.11 percent stake worth $65 million in US senior housing operator Brookdale Senior Living, according to a filing with the US Securities and Exchange Commission. Through the investment, the Shanghai-based conglomerate replaces Blackrock as the… Read More>>
Mainland Developer Confirms $169M Purchase of Kowloon Space From CSI and Phoenix
Mainland developer Fullsun International has acquired five floors in a Kowloon East office project from CSI Properties and Phoenix Property Investors for HK$1.3 billion ($169 million), a filing by the company shows. Fullsun’s announcement of the deal comes just a week… Read More>>
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