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Stephen Riady OUE

Lippo’s OUE Sells Los Angeles Tower for $430M – 34% Below Book Value

Stephen Riady OUE

2020/07/19 by Jonathan Burgos Leave a Comment

OUE Limited, the Singapore-based property developer controlled by Indonesian conglomerate Lippo Group, said Friday that it has agreed to sell the iconic US Bank Tower in Los Angeles for $430 million.

The SGX-listed developer is selling the property to USBT… Read More>>

OUE Limited, the Singapore-based property developer controlled by Indonesian conglomerate Lippo Group, said Friday that … Read more>>>

Emilia Teo TE Capital

Singapore’s TE Capital, Roxy-Pacific Buy Melbourne Office Tower for A$145M

Emilia Teo TE Capital

2020/07/07 by Jonathan Burgos Leave a Comment

TE Capital Partners, the investment arm of Singaporean developer Tong Eng Group, said it has partnered with Singapore-listed builder Roxy-Pacific Holdings to buy an office building in Melbourne’s central business district for A$145 million ($101 million).

“We are confident in… Read More>>

TE Capital Partners, the investment arm of Singaporean developer Tong Eng Group, said it has partnered with … Read more>>>

Paul House ARA Venn

ARA European Real Estate Debt Fund Raises €200M

Paul House ARA Venn

2020/07/02 by Jonathan Burgos Leave a Comment

ARA Venn, the European real estate debt fund manager controlled by ARA Asset Management, said yesterday it has raised €200 million ($225 million) for Venn Commercial Real Estate Fund II (VeCREF II), marking an initial closing for its first investment… Read More>>

ARA Venn, the European real estate debt fund manager controlled by ARA Asset Management, said yesterday it has raised … Read more>>>

george hongchoy link reit

Link REIT Said in Talks to Buy Morgan Stanley’s £390M European HQ in London

george hongchoy link reit

2020/06/10 by James Hatton Leave a Comment

Link REIT is said to be in negotiations to buy Morgan Stanley’s European headquarters in London in what would be the trust’s first acquisition in Europe, with the prospective acquisition surfacing less than two months after the trust completed its… Read More>>

Link REIT is said to be in negotiations to buy Morgan Stanley’s European headquarters in London in what would be the … Read more>>>

Hong Kong Property Tycoon Sells Stake in West London REIT for £436M

2020/06/02 by James Hatton Leave a Comment

A Hong Kong property billionaire has agreed to sell his stake in a London REIT for £436 million ($544 million), bringing to a close a long-running battle for control of the trust’s West End real estate portfolio.

Samuel Tak Lee,… Read More>>

A Hong Kong property billionaire has agreed to sell his stake in a London REIT for £436 million ($544 million), bringing … Read more>>>

Park Hyeon-Joo Mirae

Korea’s Mirae, Hana, NH Face Losses as Witkoff’s $2.5B Vegas Casino Defaults

Park Hyeon-Joo Mirae

2020/06/01 by James Hatton 2 Comments

South Korea’s dalliance with US hotels has been derailed for the second time in five weeks, after a $2.5 billion Las Vegas strip project financed by a Seoul-based asset manager has defaulted on its debt obligations.

New York-based Witkoff, which… Read More>>

South Korea’s dalliance with US hotels has been derailed for the second time in five weeks, after a $2.5 billion Las … Read more>>>

gu gang

HNA Fails to Make Payment on $4B Ingram Micro Buyout Loan

gu gang

2020/05/10 by Stephanie Li Leave a Comment

A unit of China’s HNA Group has failed to repay $750 million owed from its buyout four years ago of a US technology distributor, as the cash-strapped conglomerate’s credit problems continue to mount despite selling off a Shanghai office tower… Read More>>

A unit of China’s HNA Group has failed to repay $750 million owed from its buyout four years ago of a US technology … Read more>>>

Korea’s NPS Links Up with SL Green, Hines and KPF on $2.3B NYC Project

2020/05/07 by James Hatton Leave a Comment

Korea’s National Pension Service and US developer Hines have teamed up to buy a 49.5 percent stake in a $2.3 billion New York redevelopment that lead architects Kohn Pederson Fox are billing as one of the jewels of 21st century… Read More>>

Korea’s National Pension Service and US developer Hines have teamed up to buy a 49.5 percent stake in a $2.3 billion New … Read more>>>

Mirae Park Hyeon-Joo

Korea’s Mirae Sends Termination Notice on $5.8B Anbang Hotel Deal

Mirae Park Hyeon-Joo

2020/05/05 by James Hatton Leave a Comment

South Korea’s Mirae Asset Management has sent a notice of termination to Dajia Insurance, formally scrapping its $5.8 billion acquisition of a portfolio of 15 high-end US hotels that the mainland group had taken over in the restructuring of troubled… Read More>>

South Korea’s Mirae Asset Management has sent a notice of termination to Dajia Insurance, formally scrapping its $5.8 … Read more>>>

albert chuang

Hong Kong Family Office Said to Buy London Commercial Building for £94M

albert chuang

2020/05/04 by James Hatton 1 Comment

A Hong Kong family office has reportedly made its first solo property acquisition in London, defying the pandemic to snap up a commercial building next to oyster sauce maker Lee Kum Kee Group’s £1.3 billion ($1.6 billion) Walkie Talkie building.

… Read More>>

A Hong Kong family office has reportedly made its first solo property acquisition in London, defying the pandemic to … Read more>>>

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