cm-ml Archives - Mingtiandi

China Taiping Buying Beijing Retirement Home From Century Golden Resources for $290M

Christopher Caillavet — Tue, 19 Sep 2023 10:43:04 +0000

China Taiping Insurance has agreed to acquire a Beijing retirement home project from developer Century Golden Resources for RMB 2.09 billion ($290 million), chalking up a rare big-ticket deal in the mainland’s senior living sector.

The project in Shunyi district’s... Read More>>

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PGIM Expands APAC Rental Housing Portfolio With China, Australia Deals

Christopher Caillavet — Mon, 18 Sep 2023 14:36:03 +0000

PGIM Real Estate has added to its Asia Pacific rental housing portfolio, with the US investment manager securing deals with local partners to acquire properties in Shanghai, Sydney and Brisbane.

In China’s commercial capital, PGIM led a joint venture to... Read More>>

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China’s DNE Group Sets Up $485M Life Science Fund to Invest in Pudong Project

Christopher Caillavet — Tue, 11 Jul 2023 10:01:29 +0000

China’s DNE Group on Tuesday announced the establishment of a more than RMB 3.5 billion ($485 million) life science park fund to invest in an R&D project in Shanghai’s Pudong district.

Among the backers for the fund is a local... Read More>>

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Sino-Ocean Group Selling Beijing Mall to Mainland Retailer for $50M

Christopher Caillavet — Wed, 31 May 2023 13:49:26 +0000

Sino-Ocean Group has agreed to sell a Beijing shopping centre and the property’s parking area for a total of RMB 359.2 million ($50.6 million), as the state-backed Chinese developer continues a string of asset disposals in the wake of last... Read More>>

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Frasers Hospitality Teams With Tishman, Alyssa to Buy $126M in China, Japan Apartments

Christopher Caillavet — Tue, 23 May 2023 13:14:56 +0000

Frasers Hospitality is tying up with Tishman Speyer and Tokyo-based Alyssa Partners to enter Asia’s rental residential sector through separate joint ventures in China and Japan involving S$170 million ($126.4 million) in build-to-rent homes.

The pair of deals will give... Read More>>

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Gaw Capital Partners Completes Acquisition of Guangzhou Outlet Mall

Michael Cole — Fri, 21 Apr 2023 14:52:25 +0000

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 Guangdong province for an undisclosed amount, according to a statement on... Read More>>

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CIFI Looks to Sell Shanghai Headquarters, Warns of $2B Full-Year Loss

Christopher Caillavet — Mon, 13 Mar 2023 14:46:31 +0000

CIFI Holdings is shopping some of its most high-profile real estate assets in its Shanghai hometown, including its headquarters building held with joint venture partner Henderson Land, as the cash-strapped builder warns of a multibillion-dollar loss in its full-year financial... Read More>>

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Jingrui Selling Shanghai Commercial Building to China Construction Bank for $19M

Christopher Caillavet — Mon, 13 Mar 2023 14:36:05 +0000

Jingrui Holdings has agreed to sell a commercial building in Shanghai’s Xuhui district to state-owned China Construction Bank for RMB 132.4 million ($19.2 million), as the mainland developer continues to unload assets after a recent default on offshore debt.

Jingrui... Read More>>

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Shanghai Commercial Property Investment Fell 23% in 2022

Greg Isaacson — Fri, 27 Jan 2023 05:35:40 +0000

Major trades of investment properties in Shanghai fell by more than one-fifth in terms of value from 2021 to 2022, according to reports by property brokerages, as COVID-19 restrictions and economic weakness derailed deals during the second and third quarters... Read More>>

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CapitaLand Fund Buys Shanghai Office Complex From Tishman Speyer for $1.1B

Michael Cole — Thu, 05 Jan 2023 11:55:01 +0000

CapitaLand today announced the largest expansion yet of its renminbi fund management business with the acquisition of a Tishman Speyer office complex in Shanghai at a value of RMB 7.6 billion ($1.1 billion).

CapitaLand Investment’s (CLI) China Business Park Core... Read More>>

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