Anbang walks from $14bn US Starwood Hotels deal | Asia Property

Subscription Enquiries
Editorial Enquiries

This will be the secondary navigation

Anbang walks from $14bn US Starwood Hotels deal

Published on April 12th, 2016

Anbang has dropped its $14bn offer for Starwood Hotels & Resorts, citing “market considerations”. However, it has been suggested that the Chinese insurer’s $82.75-per-share offer for the 1,200-property hotels group…

Not subscribed yet? Click here for full access.

News

New Godrej platform launches $275m India resi vehicle

India’s Godrej Properties has launched Godrej Fund Management and raised $275m of equity for a residential fund. APG Asset Management is the lead investor for Godrej Residential Investment Program II and...

Diary

Diary April 2016

Waves from offshore storm hit Sun Hung Kai Properties The leaked papers of law firm Mossack Fonseca, which created offshore companies, revealed a few difficulties the firm had with Hong...

Analysis

China’s cities plan to smarten themselves up for the next wave of high-tech urban development

A report from corporate real estate body Corenet Global highlights the drive by 300 Chinese cities to integrate digital technology into their infrastructure, spurring smart and sustainable development The growth...

Companies & People

Companies & People

Blackstone’s heady to steer overall Asia Pacific operation Blackstone has appointed Chris Heady as chairman for the Asia Pacific region. Heady will retain his position as head of real estate...

Comment

Market Talk April 2016

“In Hong Kong and overseas property markets, new players tend to compete with highly aggressive pricing in land auctions. It is therefore not easy to acquire land at reasonable costs....

Comment

Low rates still offer high rewards for the bold

Looking back at 2015, it seems the major worry for real estate investors was the prospect of rising US interest rates, which could have destabilised a market grown dependent on...

Current Issue