Thursday, February 25, 2021
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Accor sells stake in Huazhu for €239m

Accor has sold a 1.5% stake in Huazhu Group Limited, a multi-brand hotel management company in China, for €239 million. Accor said, after this transaction, it owns a 3.3% stake in Huazhu and...

Keppel launches China logistics property fund

Asian asset manager Keppel Capital, together with a global institutional investor, has launched a China logistics property fund to invest in logistics assets in...

Blackstone buys majority stake in China logistics park for US$1.1bn

Blackstone has acquired a majority stake in the largest urban logistics park in China’s Greater Bay Area from R&F Group for US$1.1 billion. Blackstone Real...

CapitaLand to divest interest in commercial properties in China

CapitaLand, through its associates, has agreed to divest its interest in the companies which hold five business park properties and Rock Square mall in...

Alibaba to invest $3.6bn in Chinese supermarket chain Sun Art

Alibaba Group Holding Limited will invest USD3.6 billion to acquire a controlling stake in Sun Art Retail Group Limited, a hypermarket and supermarket...

GLP forms JV to expand new energy initiatives in commercial properties

Global investment manager GLP has signed an agreement with Chinese Contemporary Amperex Technology Ltd. (CATL), a battery provider and the largest maker of electric...

ESR, Manulife JV buys logistics real estate portfolio in China

A joint venture between ESR and Manulife has acquired four institutional-grade logistics properties from Redwood China Logistics Fund (RCLF) for approximately RMB1.7 billion (approximately...

Hilton signs agreement with Country Garden to expand Home2 Suites brand...

Hilton has signed a management license agreement with Funyard Hotel Investment (Asia) Limited, a subsidiary of Chinese property giant Country Garden to introduce and...

Gaw Capital acquires Grade A office building in Hangzhou

Hong Kong-based real estate private equity firm Gaw Capital Partners has acquired Euro America Financial City (EFC) Tower 6, a 46-storey premium Grade A office...

ESR forms US$500m JV with GIC to invest in China logistics...

ESR Cayman Limited, the APAC focused logistics real estate platform, has entered into strategic partnership with Singapore’s sovereign wealth fund GIC to establish a...

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