Poly Australia, Shanghai-listed Poly Real Estate’s Australian arm, is looking for A-grade office investments in Melbourne’s CBD, according to The Australian. The news comes less than two months after the developer purchased a pair of buildings near Sydney’s Circular Quay… Read More>>
European heavyweight Allianz Real Estate has hired Rushabh (Rush) Desai to head its Asia Pacific business, where the long-time General Electric executive will be reunited with his former boss Francois Trausch, who now runs Allianz Real Estate globally.
Desai joins… Read More>>
China Vanke plans to buy the Central Plaza office tower in Shanghai from Carlyle Group for RMB 2.46 billion ($368.94 million), according to media reports. Should the deal be completed it would be the third time the building has changed… Read More>>
China Life, the Beijing-based insurer with major property holdings in the US and Britain, is looking to ramp up its outbound real estate investments, the company told reporters late last week, on the heels of announcing a 67 percent plunge… Read More>>
Shanghai-listed Greenland Group is leading a group of four Chinese investors, including a unit of insurance giant Ping An, in acquiring a 42-acre waterfront site in South San Francisco, California to build a $1 billion life sciences complex.
Already one… Read More>>
Ping An Insurance is already one of China’s biggest cross-border buyers of real estate, but the mainland financial giant now says it could raise its overseas property holdings by as much as 500 percent within five years, as investment returns… Read More>>
At 632 metres, the Shanghai Tower has been China’s tallest building since it topped out in 2013, however, if one of Shenzhen’s biggest developers has its way, a new supertall structure in the southern metropolis could soon take the mainland’s… Read More>>
L Real Estate, a private equity vehicle controlled by the family behind luxury conglomerate LVMH, has reportedly exited its investment in a Shanghai commercial project after selling out its 50 percent stake to a company controlled by Angela Leong On… Read More>>
CBRE has appointed long-time Mitsubishi UFJ Morgan Stanley executive Eiji Sakaguchi as its new Chief Executive Officer for Japan.
Sakaguchi, who previously served as head of the real estate group for the joint venture financial firm in Japan will start… Read More>>
Logos Property has announced its second joint venture with Ivanhoe Cambridge and CBRE Global Investors as the Australian-based logistics developer ramps up its investments in mainland China.
The three partners have formed Logos China Logistics Venture (LCLV), according to a… Read More>>