LONDON / Bloomberg A company controlled by the Shaw Foundation, the philanthropic arm of the late Hong Kong movie mogul Run Run Shaw’s empire, agreed to acquire an office building in London’s main financial district from Malaysia’s second-largest pension fund, according to three people familiar with the matter. The foundation, which is being advised by Knight Frank, will pay Kumpulan ...

BEIJING / Bloomberg After getting burned by the bursting of China’s stock-market bubble, Liu Yihui is seeking salvation from the country’s latest investment mania: big-city properties. The 35-year-old civil engineer dumped his equity holdings after losing 40 percent last year, using the proceeds to buy a 5 million yuan ($763,464) apartment in Shenzhen. Prices in the southern business hub have ...

Abu Dhabi / Emirates Business While reports from developers and analysts indicate Dubai’s real estate market is down, experts on the ground are confirming transactions are up and the state of the market is in line with expectations. Figures released by Allsopp & Allsopp, one of the UAE’s leading property agents, show transactions for 2016 are up 18 per cent ...