The $200bn sovereign wealth fund of China has invested alongside other new and existing institutional investors, according to the Sydney-based logistics giant. Goodman also said it had formed a A$200m investment venture with The Canadian Pension Plan Investment Board to invest in mainland China.
1 min read · 21 January 2013
FountainVest Partners, the private equity firm led by former Tamasek Greater China head Frank Tang and backed by the Singaporean government’s investment arm, is to invest $100m in convertible bonds and warrants issued by Henan province-focused developer Central China Real Estate.
1 min read · 21 January 2013
Morgan Stanley Real Estate Investing is close to agreeing the sale of The Exchange office building in Shanghai to Chinese developer SOHO China. The firm, which has invested in the city since 2003, hopes to conclude a sale by the end of the year.
1 min read · 21 January 2013
Paris-based insurer Axa says its real estate investment management business has struck an agreement with Chinese insurer, Ping An, to co-invest in residential projects in the country. A China real estate fund is also on the way.
2 min read · 21 January 2013
Chinese government-backed private equity firm Fortman has reportedly appointed Arthur Zhu as its CEO. Zhu was earlier expected to set up his own private equity firm.
2 min read · 21 January 2013
The $200bn Chinese sovereign wealth fund is poised to buy a 40% stake in Chinese private equity and real estate firm, CITIC Capital, in its first domestic investment in a fund management platform. The Beijing-based fund purchased a stake in The Blackstone Group last year.
2 min read · 21 January 2013
Three directors at Trikona Trinity Capital have resigned as the AiM-listed development and investment company seeks to divest assets.
1 min read · 21 January 2013
One month after China’s government lifted a moratorium on mainland initial public offerings, state-controlled China State Construction and Engineering Corporation is preparing a flotation worth $5.9 billion.
1 min read · 21 January 2013
As well as selling the management of its Asian Real Estate Opportunity Fund, the bank is also offering for sale the management of all the remaining assets in the region on its balance sheet.
2 min read · 21 January 2013
Contrary to reports of freezing its investment programme for Asia, AXA REIM has been busy readying itself to launch its first Asian fund for the first half of 2010.
2 min read · 21 January 2013