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Pan Shiyi Soho

Blackstone Said to Pull Back HK$31B Soho China Buyout Offer

Pan Shiyi Soho

2020/05/05 by James Hatton Leave a Comment

Blackstone is said to have ended discussions over a potential HK$31 billion buyout of mainland commercial developer Soho China due to current market conditions undermining the feasibility of the deal.

The US fund management giant has pulled back its offer… Read More>>

Blackstone is said to have ended discussions over a potential HK$31 billion buyout of mainland commercial developer Soho … Read more>>>

Stuart Crow, CEO Capital Markets, Asia Pacific, JLL

Covid-19 Crisis Boosts Leaseback Deals in Asia Pacific

Stuart Crow, CEO Capital Markets, Asia Pacific, JLL

2020/05/04 by Michael Cole Leave a Comment

New Zealand is among the smaller real estate markets in Asia Pacific, but a warehouse transaction in the island nation last month may point to a new trend of corporate property owners teaming with fund managers to unlock capital this… Read More>>

New Zealand is among the smaller real estate markets in Asia Pacific, but a warehouse transaction in the island nation … Read more>>>

Adrian Cheng New World

New World Puts Kowloon East Commercial Building on Market for HK$3B

Adrian Cheng New World

2020/04/30 by James Hatton Leave a Comment

New World Development has listed for sale a Hong Kong commercial property at an asking price of HK$3 billion ($390 million), as the company looks to offload non-core assets, according to a person familiar with the matter who spoke to… Read More>>

New World Development has listed for sale a Hong Kong commercial property at an asking price of HK$3 billion ($390 … Read more>>>

payson cha

Hanison Said Offering Pamfleet HK$930M for Hong Kong Hotel

payson cha

2020/04/27 by Stephanie Li 1 Comment

Hanison Construction Holdings is said to be in due diligence on a Travelodge hotel in Hong Kong’s most expensive district, after offering a reported HK$930 million ($120 million) for the mid-scale hotel, according to two people familiar with the matter.

… Read More>>

Hanison Construction Holdings is said to be in due diligence on a Travelodge hotel in Hong Kong’s most expensive … Read more>>>

helen lee

HK Elite Families Buy Floor in Central, Wanchai Project for Combined HK$539M

helen lee

2020/04/27 by Stephanie Li Leave a Comment

The British turned over Hong Kong to mainland China more than twenty years ago, but the city’s elite seem to still recall late UK Prime Minister Winston Churchill’s admonition never to waste a crisis.

With the COVID-19 pandemic putting pressure… Read More>>

The British turned over Hong Kong to mainland China more than twenty years ago, but the city’s elite seem to still … Read more>>>

gu gang

HNA Group Sells Shanghai Office Tower to China Cinda for RMB 3.6B

gu gang

2020/04/19 by James Hatton 1 Comment

Just over a month after Hainan government officials took over HNA Group, a report by Colliers International has revealed that the cash-strapped conglomerate has completed the disposal of the Shanghai HNA Tower for RMB 3.6 billion ($510 million).

The property… Read More>>

Just over a month after Hainan government officials took over HNA Group, a report by Colliers International has revealed … Read more>>>

pua seck guan perennial

Perennial Sells Remaining Stake in Singapore Complex to Shun Tak for S$155M

pua seck guan perennial

2020/04/16 by Michael Cole Leave a Comment

Singapore’s Perennial Real Estate Holdings has broken through a virus-induced lull in the investment market to notch the Southeast Asian financial hub’s biggest property sale so far in 2020.

The SGX-listed developer announced today that it has agreed to sell… Read More>>

Singapore’s Perennial Real Estate Holdings has broken through a virus-induced lull in the investment market to notch the … Read more>>>

christine li Cushman

Singapore Real Estate Investment Fell by 33% in Q1 2020

christine li Cushman

2020/04/16 by James Hatton Leave a Comment

Property investment collapsed in Singapore in the first three months of the year, as the COVID-19 pandemic threatened to pitch the city into its first recession in two decades.

Sales of hospitality assets disappeared completely, while office investments plunged to… Read More>>

Property investment collapsed in Singapore in the first three months of the year, as the COVID-19 pandemic threatened to … Read more>>>

sherman kwek CDL

CDL Strikes Deal to Acquire 51% Stake in Mainland Developer for RMB 4.39B

sherman kwek CDL

2020/04/15 by Michael Cole 1 Comment

City Developments Ltd (CDL) has found opportunity in the COVID-19 crisis to expand its real estate holdings in mainland China by acquiring a majority stake in a Chongqing-based developer for an initial investment of RMB 4.39 billion ($621 million).

The… Read More>>

City Developments Ltd (CDL) has found opportunity in the COVID-19 crisis to expand its real estate holdings in mainland … Read more>>>

Quek-Leng-Chan

GuocoLand Selling Shanghai Hotel to Dahua Group for RMB 1.44B

Quek-Leng-Chan

2020/04/13 by Michael Cole Leave a Comment

One of Southeast Asia’s largest developers has defied the COVID-19 crisis to sell a hotel property in Shanghai’s Putuo district at a mark-up of nearly 65 percent over its net book value, according to an announcement to the Singapore stock… Read More>>

One of Southeast Asia’s largest developers has defied the COVID-19 crisis to sell a hotel property in Shanghai’s Putuo … Read more>>>

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