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Simon Treacy, CEO of private equity real estate at CapitaLand Investment

CapitaLand Investment Buys Melbourne Office Tower From CBRE IM for Reported $233M

Simon Treacy, CEO of private equity real estate at CapitaLand Investment

2022/06/07 by Christopher Caillavet Leave a Comment

CapitaLand Investment has acquired a 22-storey office tower in Melbourne’s central business district for the company’s flagship regional core-plus fund.

The purchase of 120 Spencer Street marks the fifth acquisition in Australia in six months for the SGX-listed asset management… Read More>>

CapitaLand Investment has acquired a 22-storey office tower in Melbourne’s central business district for the company’s … Read more>>>

Lee Kok Sun GIC

GIC-Greystar JV Buying UK Student Housing Provider From Brookfield Fund

Lee Kok Sun GIC

2022/05/31 by Christopher Caillavet Leave a Comment

Singapore’s GIC has formed a joint venture with US rental housing operator Greystar to acquire Britain’s third-largest student accommodation provider, Student Roost, as the sovereign wealth fund holds fast to a favoured investment theme stretching back at least six years.

… Read More>>

Singapore’s GIC has formed a joint venture with US rental housing operator Greystar to acquire Britain’s third-largest … Read more>>>

245 Park Avenue manhattan new york

HNA Ordered to Pay $185M to Partner in Bankrupt Park Avenue Skyscraper

245 Park Avenue manhattan new york

2022/05/25 by Christopher Caillavet Leave a Comment

A US arbitrator has ordered HNA Group to pay more than $185 million to SL Green, an investor in the Chinese conglomerate’s bankrupt Manhattan skyscraper, after the joint venture partners fell out over their failure to replace a departed anchor… Read More>>

A US arbitrator has ordered HNA Group to pay more than $185 million to SL Green, an investor in the Chinese … Read more>>>

Sinar Mas Land chairman Muktar Widjaja

Indonesia’s Sinar Mas Buying London Building From Landsec for $238M

Sinar Mas Land chairman Muktar Widjaja

2022/05/15 by Christopher Caillavet Leave a Comment

SGX-listed Sinar Mas Land has rejoined the wave of Asian investment into the UK capital with a deal to buy a central London commercial building for £195 million ($238 million).

The developer controlled by Indonesia’s Widjaja family, which is famed… Read More>>

SGX-listed Sinar Mas Land has rejoined the wave of Asian investment into the UK capital with a deal to buy a central … Read more>>>

han xiaosheng Oceanwide

China Oceanwide’s Stake in Wuhan Project Frozen After $410M NYC Property Seized

han xiaosheng Oceanwide

2022/05/11 by Alden Monzon Leave a Comment

China Oceanwide Holdings’ string of financial calamities continued on Wednesday, with an arbitration court freezing the company’s stake in a Wuhan project just days after its $410 million skyscraper development in Manhattan was seized by creditors.

The China International Economic… Read More>>

China Oceanwide Holdings’ string of financial calamities continued on Wednesday, with an arbitration court freezing the … Read more>>>

Li Sze-lim R&F

R&F Selling Stake in London Project at $230M Loss, PWC Resigns as Auditors

Li Sze-lim R&F

2022/05/01 by Christopher Caillavet, Michael Cole Leave a Comment

Guangzhou R&F Properties continues its retreat from London’s Nine Elms regeneration area, announcing Thursday that it plans to sell its 50 percent stake in a joint project with fellow Chinese developer CC Land to the latter firm’s boss for HK$2.66… Read More>>

Guangzhou R&F Properties continues its retreat from London’s Nine Elms regeneration area, announcing Thursday that … Read more>>>

James Tien Manhattan Group

China’s Poly Global Sells London Office Building to Hong Kong Politician for $250M

James Tien Manhattan Group

2022/04/04 by Christopher Caillavet Leave a Comment

More than two years after first putting the property on the market, Chinese state-owned developer Poly Global has sold its 5 Fleet Place office building in the City of London for £191 million ($250.6 million), with a longtime Hong Kong… Read More>>

More than two years after first putting the property on the market, Chinese state-owned developer Poly Global has sold … Read more>>>

han xiaosheng oceanwide

China Oceanwide Selling Hawaii Residential Site to Local Developer at $25M Loss

han xiaosheng oceanwide

2022/03/17 by Christopher Caillavet Leave a Comment

China Oceanwide is set to give up another slice of its property holdings in Hawaii, with the cash-strapped mainland developer agreeing to sell its Kapolei West residential site on the island of Oahu to a local firm for $92.9 million.

… Read More>>

China Oceanwide is set to give up another slice of its property holdings in Hawaii, with the cash-strapped mainland … Read more>>>

li sze lim of R&F Property

R&F Selling South London Project to Far East Consortium at $90M Loss

li sze lim of R&F Property

2022/03/15 by Christopher Caillavet Leave a Comment

Guangzhou R&F Properties looks set to pare back its collection of assets in London’s Nine Elms regeneration area, as the cash-strapped developer has agreed to sell its Vauxhall Square mixed-use project to Hong Kong-based Far East Consortium (FEC) for £95.7… Read More>>

Guangzhou R&F Properties looks set to pare back its collection of assets in London’s Nine Elms regeneration area, as … Read more>>>

victor li ck asset

CK Asset Sells UBS London Headquarters to Korea’s NPS for $1.6B

victor li ck asset

2022/03/14 by Christopher Caillavet Leave a Comment

Li Ka-shing’s CK Asset has completed the sale of its 5 Broadgate building in London to South Korea’s National Pension Service (NPS) for £1.21 billion ($1.57 billion), marking the UK capital’s biggest property deal in almost five years.

The developer… Read More>>

Li Ka-shing’s CK Asset has completed the sale of its 5 Broadgate building in London to South Korea’s National Pension … Read more>>>

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