In January, Hong Kong–based Gaw Capital Partners, a real estate private equity firm, announced it assisted Chinese insurer Ping An Insurance Group Co in acquiring the 35,700-square-metre Tower Place office building in London for a reported £315 million (US$482 million).

For more than 70 years, Aldwych Quarter found itself at the epicentre of global news — until 2012, one of its most significant buildings, Bush House, was home to the BBC World Service. 

2014 was a good year for real estate. According to the IREI FundTracker database, 105 funds held final closings in 2014, raising approximately US$88 billion. 

Abu Dhabi’s sovereign wealth fund, the US$773 billion Abu Dhabi Investment Authority, made a number of high-priced global real estate acquisitions and investments in the first months of 2015.

April brought mixed returns to both global and Asia Pacific property stocks, with generally tough going for REITs but better results for developers. 

In its first property sale in the United Kingdom, Malaysia’s Employees Provident Fundhas sold One Sheldon Square in London to British Land Co for £210 million (US$311 million).

Hong Kong–based CLSA Capital Partnershas raised approximately US$937 million thus far for its third fund, Fudo Capital III, according to a filing with the SEC.