Deals

Floatation beckons for Shanghai city landmark

The Xintiandi shopping district is set to be part of an initial public offering by its developer Shui On Land.

Azora enters US real estate market via M&A deal

The European private equity real estate manager also plans to begin launching sector-specific funds targeting the country by year-end.

Evergrande: ‘Where there is smoke, there are opportunities’

Private real estate investors can expect the Chinese developer to offload some of its better-quality assets but should not anticipate any major fire sales.

Mapletree seeds latest US logistics fund with $3bn of assets

The firm has ramped up its US investments from $0.5bn in 2016 to $14.8bn in 2021 under Smith’s leadership.

Beijing expected to ‘step in’ to prevent China Evergrande contagion

Senior executives at two of Canada’s biggest institutional real estate investors said they expected state intervention to prevent the developer’s $300bn debt pile from becoming a global issue.

Why ‘build-and-hold’ Oxford sold to Google

Dean Shapiro, Oxford’s head of US development, tells PERE the firm made an exception in selling St. John’s Terminal to its tenant for $2.1bn.

Brookfield backs recap as it hits RE fundraising trail

The process involving Elion Partners is at least the third sizeable deal executed by Brookfield since entering the real estate secondaries market last year.

Patrizia expands into infrastructure with Whitehelm acquisition

Whitehelm founder Graham Matthews will lead the infra business with the aim of growing it to between €15bn-€20bn in the medium term.

A former military airfield that will soon house TikTok

Tishman Speyer recently sold 2.5m square feet of office and retail space at The Springs in Shanghai to the social media platform’s parent conglomerate.

Europe’s office lenders face a new era of change

The pandemic has changed how and where we work. But what does that mean for offices and how they will be financed?