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HECapital chief executive Darren Hawkins (Image: HECapital)

Singapore Fund Manager Buys London Asset From Hong Kong’s Lai Wing-to for $46M

HECapital chief executive Darren Hawkins (Image: HECapital)

2024/08/21 by Michael Cole Leave a Comment

A recently established Singapore fund manager has made its maiden acquisition, picking up a commercial building in London’s Soho area from Hong Kong investor Lai Wing-To for around £35 million ($45.7 million), according to a statement on 21 August.

HECapital,… Read More>>

A recently established Singapore fund manager has made its maiden acquisition, picking up a commercial building in … Read more>>>

Former Chinese Estates chairman Joseph Lau

Chinese Estates Sells Mayfair Office Block to the UK’s Oval Real Estate for $161M

Former Chinese Estates chairman Joseph Lau

2024/08/15 by Kevin He Leave a Comment

Chinese Estates Holdings has sold an office block in London’s posh Mayfair area to local developer and investor Oval Real Estate for £125.4 million ($160.9 million), with the asset changing hands at a 7 percent discount to its £135 million… Read More>>

Chinese Estates Holdings has sold an office block in London’s posh Mayfair area to local developer and investor Oval … Read more>>>

QIP, Gamuda Land Launch $128M UK Student Housing JV With London Project

2024/07/08 by Christopher Caillavet Leave a Comment

Singapore-based Q Investment Partners has formed a £100 million ($128 million) UK student housing joint venture with Malaysian builder Gamuda Land to develop a 299-bed project in southeast London.

The property in the Woolwich area on the south bank of… Read More>>

Singapore-based Q Investment Partners has formed a £100 million ($128 million) UK student housing joint venture with … Read more>>>

Elite Partners Capital co-founder and CEO Victor Song (Image: Elite Partners Capital)

Singapore’s Elite Partners Capital Buys German Logistics Park From TPG AG JV

Elite Partners Capital co-founder and CEO Victor Song (Image: Elite Partners Capital)

2024/06/27 by Christopher Caillavet Leave a Comment

Singapore-based fund manager Elite Partners Capital has acquired a logistics park near Germany’s automotive capital of Stuttgart for an undisclosed price.

The park spans 180,000 square metres (1.9 million square feet) and benefits from its location close to the famed… Read More>>

Singapore-based fund manager Elite Partners Capital has acquired a logistics park near Germany’s automotive capital of … Read more>>>

GIC chief executive Lim Chow Kiat

GIC Takes 62% Haircut on Sale of Stake in UK Megamall to Landsec for $152M

GIC chief executive Lim Chow Kiat

2024/06/26 by Kevin He Leave a Comment

GIC has sold its 17.5 percent stake in the UK’s fifth largest mall to London-based developer and property investor Land Securities Group (Landsec) for £120 million ($152 million), with the Singaporean sovereign fund taking a 62 percent haircut on its… Read More>>

GIC has sold its 17.5 percent stake in the UK’s fifth largest mall to London-based developer and property investor Land … Read more>>>

Former Chinese Estates chairman Joseph Lau

Chinese Estates Marketing Office Block in London’s Mayfair for $172M

Former Chinese Estates chairman Joseph Lau

2024/06/19 by Kevin He Leave a Comment

Chinese Estates Holdings has put up for sale an office block in London’s posh Mayfair area, as the developer formerly controlled by fugitive tycoon Joseph Lau seeks to shore up liquidity following a 93 percent net profit plunge last year.

… Read More>>

Chinese Estates Holdings has put up for sale an office block in London’s posh Mayfair area, as the developer formerly … Read more>>>

Prima Asset Management co-founder and CEO Ben Hall

Singapore PE Firm Buys Central London Hotel for $51M Value-Add Project

Prima Asset Management co-founder and CEO Ben Hall

2024/06/17 by Christopher Caillavet Leave a Comment

A Singapore private equity firm has acquired a central London hotel for a refurbishment project with an expected end value of S$70 million ($51.7 million), as Asian investors continue to target hospitality assets in the British capital.

Prima Asset Management,… Read More>>

A Singapore private equity firm has acquired a central London hotel for a refurbishment project with an expected end … Read more>>>

Cheng Kar-Shun, NWD

Hong Kong Tycoons Marketing London West End Office Block for $172M

Cheng Kar-Shun, NWD

2024/06/14 by Kevin He Leave a Comment

A private investment vehicle backed by some of Hong Kong’s biggest property tycoons has slashed the asking price for a prime office building in London’s prestigious St James’ district, after the property’s value fell as much as 18.5 percent from… Read More>>

A private investment vehicle backed by some of Hong Kong’s biggest property tycoons has slashed the asking price for a … Read more>>>

Serena Teo Ascott

CapitaLand Ascott Trust Buys Out South Carolina Student Housing Project

Serena Teo Ascott

2024/06/04 by Christopher Caillavet Leave a Comment

Singapore-listed CapitaLand Ascott Trust has taken full ownership of Standard at Columbia after acquiring the remaining 10 percent stake in the US student accommodation asset.

In 2021, CLAS (then known as Ascott Residence Trust) teamed with sponsor The Ascott Ltd… Read More>>

Singapore-listed CapitaLand Ascott Trust has taken full ownership of Standard at Columbia after acquiring the remaining … Read more>>>

Sekisui House president and CEO Yoshihiro Nakai

Sekisui House Selling Seattle Apartment Complex to Japan REIT for $328M

Sekisui House president and CEO Yoshihiro Nakai

2024/05/29 by Christopher Caillavet Leave a Comment

Fresh off becoming America’s fifth-largest homebuilder, Japanese developer Sekisui House is selling a Seattle luxury apartment complex to the company’s sponsored REIT for $328 million.

The Ivey on Boren comprises 406 rental units in the heart of Washington state’s biggest… Read More>>

Fresh off becoming America’s fifth-largest homebuilder, Japanese developer Sekisui House is selling a Seattle luxury … Read more>>>

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