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Jan Kot

Wanda Sells One Beverly Hills Project for a Reported $420M

2018/11/18 by Jan Kot Leave a Comment

Chinese billionaire Wang Jianlin has added a new chapter to the unwinding of his plans for a global real estate empire as reports last week confirmed that his Dalian Wanda Group had sold a prime Los Angeles site that was… Read More>>

Mao Daqing Ucommune

Chinese Co-Working Unicorn Ucommune Raises $200M at $3B Valuation

2018/11/15 by Jan Kot Leave a Comment

Chinese co-working giant Ucommune announced on Wednesday that it has raised its biggest tranche of new capital ever, bringing in $200 million to further accelerate the expansion of its global footprint, according to a company statement.

The deal, described as… Read More>>

phil pearce esr

ESR Finalises $522M Buy-Out of Australia’s Propertylink

2018/11/14 by Jan Kot Leave a Comment

Warburg Pincus-backed ESR has clinched a deal to buy out Sydney-based real estate investment manager Propertylink in a deal that values the Australian company at A$723.4 million ($522.51 million), according to an announcement by Propertylink to the Australian stock exchange.

… Read More>>

Lee Chee Koon

GIC-CapitaLand JV Buying Shanghai Mixed-Use Project for $1.85B

2018/11/13 by Jan Kot Leave a Comment

Singapore’s CapitaLand announced on Tuesday that its Raffles City China Investment Partners III (RCCIP III) fund has formed a 50:50 joint venture with Singapore’s sovereign wealth fund GIC to acquire the Star Harbour International Center project (上海星外滩) in Shanghai’s Hongkou… Read More>>

Mark Machin CPPIB

CPPIB Sees Opportunities Amid US-China Trade Tension

2018/11/12 by Jan Kot Leave a Comment

The Canada Pension Plan Investment Board (CPPIB), one of the world’s biggest pension schemes, said the trade tensions between the United States and China could open up opportunities for the national pension fund manager to acquire Chinese assets at knock-down… Read More>>

louise kavanagh Th real estate

TH Real Estate Launches $2B Asia Pacific Cities Fund

2018/11/11 by Jan Kot Leave a Comment

Global property investment manager TH Real Estate announced on Thursday that it has launched a $2 billion open-end core property fund focused on key cities in the Asia Pacific region. The manager’s parent company, Teachers Insurance and Annuity Association of… Read More>>

Tricia Song Colliers

Hong Kong Office Rents Set to Slide as SG Market Keeps Climbing

2018/11/08 by Jan Kot Leave a Comment

Rents in the world’s costliest office market, Hong Kong, may fall for the first time in four years during 2019, as a tanking stock market, rising interest rates and the US-China trade war weigh on sentiment in the financial hub,… Read More>>

Li Sze-lim Guangzhou R&F

Guangzhou R&F Properties Plans $1.4B Share Sale After Bond Funding Shut Down

2018/11/07 by Jan Kot Leave a Comment

Top 20 mainland Chinese developer R&F Properties has asked shareholders to approve a HK$10.7 billion ($1.4 billion) sale of Hong Kong-listed shares, in its first equity fundraising effort since 2006.

The planned issue of H-shares comes two months after the… Read More>>

CK Asset in Talks to Buy $920M London Project From Capco

2018/11/06 by Jan Kot Leave a Comment

Hong Kong billionaire property developer Li Ka-Shing’s CK Asset Holdings is in talks with a partner in a joint venture that owns Earls Court, a 3.4 million square foot (374,000 square meter) estate in west London to purchase a majority… Read More>>

Eric Adler PGIM

PGIM Said Buying Singapore’s 78 Shenton Way for S$680M

2018/11/05 by Jan Kot Leave a Comment

PGIM Real Estate is understood to have entered into an agreement with Alpha Investment Partners to buy 78 Shenton Way, a prime office property in Singapore from a fund managed by Alpha Investment Partners for around S$680 million ($494 million),… Read More>>

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