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120 moorgate

Singapore’s Sun Venture Said Buying London Office Building From WeWork

120 moorgate

2021/12/02 by Beatrice Laforga Leave a Comment

Singaporean investment firm Sun Venture is reportedly offering to pick up a freehold office building in central London for around £150 million ($199.4 million) to mark its third UK deal since making its debut in the country last year.

Sun… Read More>>

Singaporean investment firm Sun Venture is reportedly offering to pick up a freehold office building in central London … Read more>>>

Hoi Hup, Wong Swee Chun

Singapore’s Hoi Hup Sells London Office Building at Marked Down $100M

Hoi Hup, Wong Swee Chun

2021/11/30 by Christopher Caillavet Leave a Comment

Singapore-based Hoi Hup Realty has sold the first overseas asset it ever bought, an office building near the northern tip of the City of London, for £75 million ($100.1 million), unloading the property at a £2 million markdown.

Hoi Hup… Read More>>

Singapore-based Hoi Hup Realty has sold the first overseas asset it ever bought, an office building near the northern … Read more>>>

William Wai-hoi Doo new world

New World Vice Chair William Doo Buys London Building for $175M

William Wai-hoi Doo new world

2021/11/11 by Pawara Laothamatas Leave a Comment

A member of the clan behind Hong Kong’s New World Development has bought another piece of prime UK real estate, as tycoon William Wai-hoi Doo reportedly purchased an 11-storey building in the City of London for more than £130 million… Read More>>

A member of the clan behind Hong Kong’s New World Development has bought another piece of prime UK real estate, as … Read more>>>

Peng Chun CIC

CIC Pulls Out of $674M Grosvenor Place Deal in Sydney as Blackstone Swoops

Peng Chun CIC

2021/11/08 by Christopher Caillavet Leave a Comment

China’s sovereign wealth fund is abandoning its deal to purchase a 50 percent stake in Sydney’s Grosvenor Place office tower, with US private equity giant Blackstone reportedly stepping into the void as the buyer at similar price terms.

China Investment… Read More>>

China’s sovereign wealth fund is abandoning its deal to purchase a 50 percent stake in Sydney’s Grosvenor Place office … Read more>>>

link-reit-leadership-nicholas-allen-03.jpg

Link REIT Buys Stakes in 3 Shopping Assets From GIC in $394M Bet on Sydney Retail Rebound

link-reit-leadership-nicholas-allen-03.jpg

2021/11/08 by Michael Cole 1 Comment

Hong Kong’s Link REIT has made its second investment in Sydney with the A$532.8 million ($394 million) purchase of stakes in a trio of retail assets, according to an announcement by Asia’s largest listed trust late Sunday.

In Sydney’s biggest… Read More>>

Hong Kong’s Link REIT has made its second investment in Sydney with the A$532.8 million ($394 million) purchase of … Read more>>>

trent winduss2

Hong Kong’s Phoenix Bets on Sydney Luxury Market $186M JV

trent winduss2

2021/11/07 by Pawara Laothamatas Leave a Comment

Following a series of Asia-wide property disposals in the past year, Hong Kong’s Phoenix Property Investors is betting on Sydney’s housing boom through a joint venture with Australian developer Abadeen which has already begun investing A$250 million ($186.3 million) in… Read More>>

Following a series of Asia-wide property disposals in the past year, Hong Kong’s Phoenix Property Investors is betting … Read more>>>

Adam Gallistel GIC

GIC Buying 27 US Hotels for $822M, Picks Up Reported $6.8B in American Sheds

Adam Gallistel GIC

2021/11/05 by Christopher Caillavet Leave a Comment

US real estate continues to attract Singapore’s state-backed investment giants, with sovereign wealth fund GIC set to purchase a 27-hotel portfolio via a joint venture after reportedly acquiring 328 industrial properties in a separate deal.

Summit Hotel Properties, a New… Read More>>

US real estate continues to attract Singapore’s state-backed investment giants, with sovereign wealth fund GIC set to … Read more>>>

Beh Siew Kim of Ascott

Ascott REIT Buying Carlyle-Backed Illinois Student Housing Project for $83M

Beh Siew Kim of Ascott

2021/11/01 by Christopher Caillavet Leave a Comment

Ascott Residence Trust has agreed to acquire an apartment building near the main campus of the University of Illinois, marking the Singapore-listed REIT’s fourth investment in the US student accommodation market this year.

ART will pay $83.25 million for the… Read More>>

Ascott Residence Trust has agreed to acquire an apartment building near the main campus of the University of Illinois, … Read more>>>

Andy Lim of JL Family Office

ARA Founder’s Family Office Teams With Straits, Savills IM for $500M UK Retail Fund

Andy Lim of JL Family Office

2021/10/12 by Christopher Caillavet Leave a Comment

Savills Investment Management has secured backing from the family office of John Lim, the co-founder of Singapore-based ARA Asset Management, for a “contrarian” UK retail park fund that aims to raise £360 million ($500 million).

The cornerstone investors of Savills… Read More>>

Savills Investment Management has secured backing from the family office of John Lim, the co-founder of Singapore-based … Read more>>>

Hines and Korea’s NPS Acquire San Francisco Complex for $2.5B Redevelopment

2021/09/22 by Christopher Caillavet Leave a Comment

US developer Hines and South Korea’s National Pension Service have set a new bar for their longtime partnership by announcing a $2.5 billion commercial and residential megaproject in downtown San Francisco.

After completing the $800 million acquisition of the Pacific… Read More>>

US developer Hines and South Korea’s National Pension Service have set a new bar for their longtime partnership by … Read more>>>

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