Link REIT Buying Guangzhou Mall for $501M
Asia’s largest real estate investment trust has made its second major bet on mainland China retail this year with the RMB 3.2 billion ($501 million) acquisition of a shopping mall in Guangzhou. Link...
View ArticleNew World to Invest $732M in Guangzhou Project and More Asia Real Estate...
In today’s roundup of regional news headlines, Hong Kong’s New World Development sets sights on its biggest-ever project in China, private equity titan Blackstone picks up a pair of assets in India,...
View ArticleBlackstone Buying Out R&F’s 30% Stake in Guangzhou Logistics Park for $540M
Blackstone has agreed to acquire the remaining 30 percent interest it does not already own in a Guangzhou logistics park for RMB 3.4 billion ($540 million), signalling faith in the mainland market...
View ArticleEvergrande Sells Four Mainland Projects to State Firms to Pay Down Debt
China Evergrande has sold off its remaining stakes in four real estate projects to state-controlled companies, allowing the world’s most indebted developer to recover RMB 1.95 billion ($310 million) of...
View ArticleEvergrande Gets $818M Refund for Surrender of Football Stadium Project
China Evergrande Group, the world’s most indebted developer, said late last week it will receive a RMB 5.52 billion ($818 million) refund from the city of Guangzhou for giving up the land use rights...
View ArticleChina Data Centre Founder Makes Buyout Offer and More Asia Real Estate Headlines
Vnet, a mainland data centre operator backed by Blackstone has received its third buyout offer this year, with that proposal leading the region’s real estate news today. Also in the headlines, data...
View ArticleChina Prepares to Ease ‘3 Red Lines’ and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China continues its relaxation of property curbs with plans to dial back the “three red lines” policy and policies to offer cities an exit ramp from an...
View ArticleGaw Capital Partners Completes Acquisition of Guangzhou Outlet Mall
Hong Kong’s Gaw Capital Partners, through a fund under its management and together with additional financial partners, has completed the acquisition of an Italian-themed outlet mall in southern China’s...
View ArticleIkea Announces $864M China Investment Plan and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, furniture giant Ikea pledges a substantial investment in China over three years, and Guangzhou takes cues from the central government with a planned...
View ArticleHSBC Hiking HK Mortgage Rate Cap by 50 Basis Points and More Asia Real Estate...
In today’s roundup of regional news headlines, Hong Kong’s main mortgage lender reportedly plans to raise its rate cap for the first time this year, and troubled developer Country Garden faces a...
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