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Jeong Young Chae nh investment

Korea’s NH Investment Selected as Preferred Bidder for $863M Seoul Tower

Jeong Young Chae nh investment

2020/01/19 by Michael Cole 2 Comments

Korea’s NH Investment & Securities has taken a step toward acquiring one of Seoul’s largest office projects, after being selected as the preferred bidder for Tower 2 of the city’s Parc 1 complex, according to sources familiar with the project… Read More>>

Korea’s NH Investment & Securities has taken a step toward acquiring one of Seoul’s largest office projects, after … Read more>>>

jason hui shimao

Shimao Property JV Adds 70 Projects to Developer’s Mainland Pipeline

jason hui shimao

2020/01/16 by Michael Cole Leave a Comment

Shimao Property this week announced a new joint venture that will add 70 projects to the Hong Kong-listed developer’s pipeline.

At a press conference on Monday jointly organised with Fuzhou-based Fusheng Group, the two companies announced that they had established… Read More>>

Shimao Property this week announced a new joint venture that will add 70 projects to the Hong Kong-listed developer’s … Read more>>>

ritesh agarwal Oyo

Oyo Hotels Cutting 20% of India Staff, 65,000 Rooms Vanish From Website

ritesh agarwal Oyo

2020/01/14 by Michael Cole Leave a Comment

Just over seven months ago, India’s Oyo Hotels proclaimed itself the world’s third largest hotel. Now the Softbank-backed startup is cutting headcount in its home market by around one-fifth, as it struggles for profitability.

Valued at as much as $10… Read More>>

Just over seven months ago, India’s Oyo Hotels proclaimed itself the world’s third largest hotel. Now the … Read more>>>

chen feng HNA

HNA Said to Have Sold Shanghai Office Project to China Cinda

chen feng HNA

2020/01/13 by Michael Cole Leave a Comment

China’s HNA Group has disposed of another of its property assets, according to mainland news reports, with one of the country’s top bad asset banks said to have taken over a Shanghai office building developed by the financially troubled conglomerate.

… Read More>>

China’s HNA Group has disposed of another of its property assets, according to mainland news reports, with one of the … Read more>>>

danke apartment gao jing

Mainland Apartment Platform Danke Aims for $175M NYSE IPO

danke apartment gao jing

2020/01/11 by James Hatton 2 Comments

Loss-making mainland China apartment rental operator Danke has moved a step closer to listing on the New York Stock Exchange, just two months after Shanghai-based rival Qingke listed on the NASDAQ at the bottom end of its price range.

The… Read More>>

Loss-making mainland China apartment rental operator Danke has moved a step closer to listing on the New York Stock … Read more>>>

su xin gohigh

Beijing’s GoHigh Capital Sets Up RMB 10B Urban Renewal Fund with CP Group 

su xin gohigh

2020/01/09 by James Hatton Leave a Comment

GoHigh Capital and Thailand’s Charoen Pokphand Group are dialling in on China’s push for revitalising its cities with the formation of a RMB 10 billion ($330 million) urban renewal fund.

On 7 January the Beijing-based private equity real estate firm,… Read More>>

GoHigh Capital and Thailand’s Charoen Pokphand Group are dialling in on China’s push for revitalising its cities with … Read more>>>

Samuel WT Chu and Benjamin KY Lee

Phoenix Property Sells Tokyo Apartment Building for JPY 20B

Samuel WT Chu and Benjamin KY Lee

2020/01/08 by James Hatton Leave a Comment

Hong Kong-based Phoenix Property Investors has sold an apartment building in Tokyo for JPY 20 billion ($180 million), just 30 months after buying the property in the Shinagawa area.

The private equity shop headed by financiers Benjamin Lee and Samuel… Read More>>

Hong Kong-based Phoenix Property Investors has sold an apartment building in Tokyo for JPY 20 billion ($180 million), … Read more>>>

Mitsubishi Estate Said Doubling Overseas Property Fund to $9B

2020/01/04 by James Hatton Leave a Comment

Mitsubishi Estate Corporation is looking to double the size of its overseas property investment platform to JPY 1 trillion ($9 billion), according to a report in the Nikkei Asian Review.

The Japanese property giant plans to expand the low-risk, long-term… Read More>>

Mitsubishi Estate Corporation is looking to double the size of its overseas property investment platform to JPY 1 … Read more>>>

Greenland Zhang Yuliang

Greenland Group Sells RMB 7.5B Trio of Office Buildings in Shanghai Bund Project

Greenland Zhang Yuliang

2020/01/04 by James Hatton Leave a Comment

Haitong Securities has agreed to buy a trio of office buildings worth a combined RMB 7.5 billion ($1 billion) in a Greenland Group project on Shanghai’s Bund, according to announcements last week by units of the mainland investment bank.

The… Read More>>

Haitong Securities has agreed to buy a trio of office buildings worth a combined RMB 7.5 billion ($1 billion) in a … Read more>>>

Korean Consortium Notches Belgium’s Biggest Deal Ever with €1.4B Brussels Buy

2020/01/02 by James Hatton Leave a Comment

A South Korean-led consortium is said to have completed its purchase of the Finance Tower in Brussels, notching the highest value purchase ever of a single property in Belgium, according to an account in the Korea Economic Daily.

The Meritz… Read More>>

A South Korean-led consortium is said to have completed its purchase of the Finance Tower in Brussels, notching the … Read more>>>

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