Christie Ou
If the walls of the Oceanwide Center could talk, they would confess to hoping, fingers crossed, that their current suitor will see through a deal to buy the complex.
The world’s property markets are watching the country’s doors re-open for indicators of life after coronavirus
The vehicle is only the second to be managed by the San Francisco-based logistics giant in the country.
The firm thinks using digital platforms for capital raising can 'only become more important as travel will be difficult for a while.'
The firm offered virtual site visits to investors via video for the first time after travel was restricted in China due to the covid-19 outbreak.
China, Hong Kong and Singapore were the property markets most affected by the pandemic, with investment volumes plummeting by more than 60%.
The country’s super funds are reporting reduced valuations as they seek to understand the potential impact of the coronavirus crisis on their portfolios.
Due diligence was conducted remotely through video conferences for investors who came in after the outbreak of the pandemic.
The pension is still open to investing in real estate funds but expects the execution to be slower due to covid-19.
To keep pace with changing living and consumption patterns, local managers and joint owners Deutsche Finance International and Yoo Capital decided to renovate the site in 2017.