in Shanghai’s Hongkou district, marking the third time the 31-storey, grade A commercial tower has changed hands in seven years. The US-based real estate investment firm purchased the property on behalf of its LaSalle Asia Opportunity V fund (LAO V ... ( read original story ...)
Starcrest Scores $277M Final Close of Second China Real Estate Fund
Private equity shop Starcrest Capital Partners has achieved a $276.5 million final close of its second China real estate fund, the Hong Kong and Shanghai-based company announced. The vehicle’s limited partners include banks, endowments, pension funds ... ( read original story ...)
Thursday Doors: The Bund, Shanghai
This week for Thursday Doors, am continuing my series of door posts from my trip to Asia last summer. Last time I posted pictures of our tour of Xintiandi, a hip shopping tourist district in Shanghai. The Bund, on the Western Bank of Huangpu River, is the ... ( read original story ...)
How a crazy idea led this former journalist to US$3 billion buyout
SHANGHAI: It seemed like a nutty idea at the time — and it ... Around that time, a bunch of college kids led by Dai Wei were experimenting on-campus with the same idea, eventually creating Ofo — now Mobike’s biggest rival. It wasn’t easy. ( read original story ...)
Shanghai makes residency easier for foreign experts
Nobel Prize laureate Kurt Wuethrich of Switzerland receives a permanent residence card along with five others in Shanghai on Monday. [Photo/China News Service] Shanghai streamlined the procedures on Monday for highly skilled foreigners working in the ... ( read original story ...)
LaSalle Buys Office Tower in Shanghai’s Hongkou District From Alpha for Reported $376M
in Shanghai’s Hongkou district, marking the third time the 31-storey, grade A commercial tower has changed hands in seven years. The US-based real estate investment firm purchased the property on behalf of its LaSalle Asia Opportunity V fund (LAO V ... ( read original story ...)
China regulator approves battery giant CATL’s $2 billion IPO: Xinhua
SHANGHAI (Reuters) - China’s securities regulator has approved ... The China Securities Regulatory Commission (CSRC) approved the IPO at a meeting on Wednesday, Xinhua said, citing a statement on the CSRC website. CATL said the funds from the listing ... ( read original story ...)