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Michael Cole

Joseph Lau

Chinese Estates Buys Listed London Building for ₤175M

2017/05/08 by Michael Cole Leave a Comment

Reports of Brexit doom and snap elections are attracting more Asian buyers to UK real estate, with Hong Kong billionaire Joseph Lau’s Chinese Estates becoming the latest to scoop up discounted assets in London.

Lau’s Hong Kong-listed development company has… Read More>>

Li Ming Sino-Ocean

Sino-Ocean Land Buys SF Office Building From Gaw Affiliate for $42M

2017/05/08 by Michael Cole Leave a Comment

Beijing-based Sino-Ocean Land has become the latest Chinese developer to bet on the Bay Area real estate market, after the state-owned giant bought a San Francisco office asset from Goodwin Gaw’s Downtown Properties, according to an account in TheRegistry.com.

Sino-Ocean,… Read More>>

Samuel WT Chu and Benjamin KY Lee

Phoenix’ Sale of Kowloon’s Kwun Tong View Confirmed at $225M

2017/05/07 by Michael Cole Leave a Comment

Hong Kong-base real estate investment house Phoenix Property Investors has sold Kwun Tong View for $225 million (HK$1.99 billion) to a local private investor, according to a recent announcement by Colliers International, which represented Phoenix in the asset disposal.

The… Read More>>

Nicole Meyer Beijing

Kushner Family Leverage Trump Connections in Mainland EB-5 Push

2017/05/07 by Michael Cole Leave a Comment

Donald Trump may have campaigned against immigration when he ran for president, but the family of White House advisor and First-son-in-law Jared Kushner is promoting immigration to the US as part of their own campaign to drum up $150 million… Read More>>

Sydney Post Office

Hong Kong Home Sales Jumped 20% in April and More Asia Real Estate Headlines

2017/05/05 by Michael Cole Leave a Comment

Hong Kong has the world’s most expensive homes, but the city’s famous unaffordability seemed to only attract more buyers in April, as housing sales rose 20 percent. Also in the news, a Singaporean developer expands its Sydney footprint, and John… Read More>>

Goodwin Gaw

Gaw Capital Adds Oakland Marriott Hotel to US Portfolio for $143M

2017/05/04 by Michael Cole 1 Comment

Hong Kong’s Gaw Capital has agreed to purchase the Marriott City Center hotel in Oakland California for $143 million, according to sources familiar with the transaction who spoke with Mingtiandi.

The private equity real estate shop is buying the 494-room… Read More>>

Xander APG mall

Xander, APG Team Up to Buy North India Mall for $109M and More Asia Real Estate Headlines

2017/05/04 by Michael Cole Leave a Comment

One of the UK’s biggest private equity firms is ready to invest in India’s retail sector, and now has the backing of major Dutch pension manager. Also in the headlines today, China’s Wanxiang Group continues its string of US real… Read More>>

Chinese tourists Australia

Chinese Invested $4.2B in Aussie Commercial Assets in 2016 and More Asia Real Estate Headlines

2017/05/03 by Michael Cole Leave a Comment

Leading today’s headlines, the number crunchers at KPMG have taken a closer look at mainland investment in Australia, and discovered that Chinese like property. Meanwhile, up in Hong Kong, Baring Private Equity has lined up a banking consortium to back… Read More>>

Richard Li FWD Group

Richard Li’s FWD Group Buying 50% Stake in SG Office Building for $424M

2017/05/02 by Michael Cole Leave a Comment

A unit of FWD Group, the insurance arm of Richard Li’s Pacific Century Group, has agreed to purchase a 50 percent stake in a Singapore office building from CapitaLand Commercial Trust for S$591.6 million ($424 million), according to an announcement… Read More>>

Exchange Centre Sydney

Malaysian Fund Sells Sydney Asset to HK Investor for A$340M and More Asia Real Estate Headlines

2017/05/02 by Michael Cole Leave a Comment

Leading the news after a long weekend is a record-setting Sydney purchase by an unnamed Hong Kong family office, while Goldman wins some big new business in Korea. Also in the headlines, China’s biggest construction firm may be getting a… Read More>>

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