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COMPANIES & PEOPLE

Published on July 13th, 2015

CBRE’s Smith takes the helm at Colliers in Hong Kong Colliers international has appointed Nigel Smith as managing director of the company’s hong kong business. he joins from CBRE, where his predecessor in…

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Company Profiles

CARREFOUR

In common with other Western retailers, french hypermarket operator carrefour suffered a recent fall in sales in both asia and china, and is diversifying into other retail formats to continue...

Comment

Property still a safe haven in uncertain times

The weight of capital allocated to real estate continues to grow, with a record $429bn targeting the sector globally, says DTZ. Such is the weight of capital in a sector...

Company Profiles

GUCCI

The luxury retailer’s sales fell 8% and it has cut its prices – and the pace of store openings – in china. But new product lines and a strong online...

Survey

Supply threat may make tower sale not such a big deal

Tower 1 of Blackrock’s Asia Square could soon fetch up to S$4bn, but with oversupply looming, the Singapore office market may be muted in coming years, in common with retail...

World News

Fosun gains European strength via fund manager Resolution

Chinese investor buys major stake in fund manager and will invest in new vehicles Fosun has bought a majority stake in fund manager Resolution Property, giving the Chinese conglomerate a...

News

Ivanhoé Cambridge and APG buy into Shanghai developer

Dutch pensions group and Canadian property firm take big stake in Chongbang Ivanhoé Cambridge and APG Asset Management have invested a total of $920m in Shanghai developer Chongbang Group. The...

News

Repeat investors help Pamfleet’s sequel hit $400m

Pamfleet Group’s second real estate fund has raised $400m. The successful fund raising for Pamfleet Real Estate Fund II, which beat its original target by $50m, follows the Hong Kong and...

World News

Minsheng and Savills seal global investment tie-up

Savills Investment Management (SIM) has formed a global joint venture with China Minsheng Investment Capital. The partners will develop and promote investment funds around the world, starting with an investment...

News

China Vanke plans ‘first China REIT’

China Vanke and Penghua Fund Management will float what they claim is China’s first real estate investment trust later this month. They will raise RMB3bn ($483.2m) for a listed vehicle...

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