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Wang Jianlin

Dalian Wanda Denies Interest in €6 Bil German Bank Acquisition

2017/02/13 by Michael Cole Leave a Comment

Dalian Wanda Group, the property and entertainment conglomerate run by China’s richest man, Wang Jianlin, today denied reports that it was preparing a bid for Germany’s Postbank.

In a statement on its website, the Chinese firm said, “Media reports that… Read More>>

Stuart Gibson of ESR

E-Shang Redwood Gets $100M More for Japanese Warehouses

2017/02/13 by Michael Cole Leave a Comment

e-Shang Redwood announced today that the State Oil Fund of Azerbaijan (“SOFAZ”) has agreed to invest $100 million in the Asian logistics real estate developer and fund manager’s Japanese projects.

The investment by the central Asian fund is the latest… Read More>>

yi jun cscec

CSCEC Unit Wins $205 Mil Contest for West Singapore Site

2017/02/13 by Tyler Roney Leave a Comment

A subsidiary of China’s biggest construction firm snatched up a development site in Singapore’s West Coast Vale on Thursday of last week for S$291.99 million ($205.22 million), according to a statement from the Singapore Urban Development Authority.

Coming in just… Read More>>

Edward Cheung

DTZ Name is No More as C&W Updates China Branding

2017/02/06 by Michael Cole Leave a Comment

Property consultancy Cushman & Wakefield has unified its branding worldwide, with the company once known in much of Asia as DTZ/Cushman & Wakefield dropping the first three letters of its name as of today.

With the trustworthy global brand and… Read More>>

Chinese in Australia

Mainland Developers Bought 38% of Aussie Residential Sites in 2016

2017/02/06 by Michael Cole Leave a Comment

Developers from mainland China bought A$2.4 billion ($1.84 billion) worth of Australian residential sites in 2016, accounting for 38 percent by value of the land sold in the country for housing construction, according to a recent research report by property… Read More>>

Stephen Schwarzman Blackstone

Blackstone Plans New $5B Asia Real Estate Fund

2017/01/23 by Michael Cole Leave a Comment

America’s biggest landlord is getting ready to build up its portfolio in Asia as Blackstone Group prepares to raise at least $5 billion for a new real estate fund focused on the region, according to a story in Reuters today… Read More>>

Chen Hongtian

4 Chinese Cities Now Among World’s Least Affordable for Home Prices

2017/01/23 by Michael Cole Leave a Comment

2016 was supposed to be the year that Hong Kong housing prices began to tumble, but the only thing falling seems to be new sales records for expensive flats, as an independent survey shows the city’s homes to be the… Read More>>

Graham Mackie UBS Asset Management

UBS AM to Manage $176M ADIC Investment in Singapore Industrial Projects

2017/01/23 by Michael Cole Leave a Comment

The real estate investment wing of Swiss financial giant UBS is set to manage S$250 million ($176 million) in investment into industrial real estate projects in Singapore on behalf of Abu Dhabi Investment Corporation (ADIC), according to a recent statement… Read More>>

rooster year

Happy Spring Festival From Mingtiandi

2017/01/23 by Michael Cole Leave a Comment

The countdown to the year of the fire rooster has already begun, but we still have a few days worth of news on deals, developers and investors to report.

Mingtiandi will be taking a break from reporting the news for… Read More>>

Sun Hongbing

Sunac Buys $2.2 Bil Stake in Chinese Tech Giant Le Eco

2017/01/16 by Michael Cole Leave a Comment

China’s seventh largest property developer now seems determined to be a player in the country’s high tech sector after Sunac Holdings chairman Sun Hongbin agreed to pay the equivalent of $2.2 billion for a stake in cash-strapped LeEco, according to… Read More>>

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