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lee-kok-sun GIC

GIC Buys 50% Stake in Beijing Office Building for RMB 3.03B

lee-kok-sun GIC

2019/11/09 by Jan Kot Leave a Comment

Singapore’s GIC is buying out its partner’s half-stake in a Beijing office building for around RMB 3.03 billion ($433 million), as the sovereign wealth fund bets on the capital’s emerging business district.

GIC is purchasing the 50 percent stake in… Read More>>

Singapore's GIC is buying out its partner's half-stake in a Beijing office building for around RMB 3.03 billion ($433 … Read more>>>

Christian-Lee WeWork

WeWork Said Looking for Exit From Half-Dozen Hong Kong Centres

Christian-Lee WeWork

2019/11/07 by James Hatton Leave a Comment

WeWork has backed out of an agreement to occupy space in Hong Kong’s Hopewell Centre even before it got a chance to move in, according to sources familiar with the decision who spoke with Mingtiandi.

The troubled co-working pioneer is… Read More>>

WeWork has backed out of an agreement to occupy space in Hong Kong’s Hopewell Centre even before it got a chance to move … Read more>>>

Kerry Picks Up 26% of Hong Kong Co-Working Hub for HK$500M

2019/11/04 by James Hatton Leave a Comment

Kerry Properties, a Hong Kong-listed developer controlled by Shangri-La Hotels founder Robert Kuok, has acquired 26 percent of an industrial building in Hong Kong’s southern district for HK$499.7 million ($64 million), according to a local media report citing government filings.

… Read More>>

Kerry Properties, a Hong Kong-listed developer controlled by Shangri-La Hotels founder Robert Kuok, has acquired 26 … Read more>>>

LEE_Chee_Koon CapitaLand

Ascendas REIT to Acquire 30 US and SG Biz Park Assets From CapitaLand for S$1.66B

LEE_Chee_Koon CapitaLand

2019/11/03 by James Hatton Leave a Comment

Ascendas Real Estate Investment Trust has entered into agreements to acquire a portfolio of 30 business park assets in the US and Singapore for S$1.66 billion ($1.22 billion) from its controlling unitholder CapitaLand.

Under the terms of the proposed deal,… Read More>>

Ascendas Real Estate Investment Trust has entered into agreements to acquire a portfolio of 30 business park assets in … Read more>>>

Pan Shiyi Soho

Soho China Said Flogging RMB 61B in Beijing, Shanghai Projects

Pan Shiyi Soho

2019/10/31 by James Hatton Leave a Comment

Soho China is said to be looking to sell a RMB 61 billion ($8.6 billion) portfolio of commercial properties in Beijing and Shanghai, with potential buyers including Blackstone and Singapore sovereign wealth fund GIC.

The portfolio is said to consist… Read More>>

Soho China is said to be looking to sell a RMB 61 billion ($8.6 billion) portfolio of commercial properties in Beijing … Read more>>>

Danke CEO Gao Jing

China Apartment Rental Platforms File for US Listings as Losses Mount

Danke CEO Gao Jing

2019/10/30 by Jan Kot Leave a Comment

A pair of loss-making mainland China apartment rental operators have filed for initial public offerings in the US within days of each other as pressure mounts on their balance sheets.

Beijing-based Danke is seeking to raise up to $100 million… Read More>>

A pair of loss-making mainland China apartment rental operators have filed for initial public offerings in the US within … Read more>>>

Kerry, Swire, Sino Land Win MTR Site in Hong Kong for Reported HK$6.8B

2019/10/28 by James Hatton Leave a Comment

Hong Kong’s MTR Corporation has awarded a residential development in a southern district of the city to a consortium formed by Kerry Properties, Swire Properties, and Sino Land.

The trio of local developers is reported to be paying a HK$6.76… Read More>>

Hong Kong’s MTR Corporation has awarded a residential development in a southern district of the city to a consortium … Read more>>>

broad group zhang jian

Sky City Builder Broad Homes Launches HK$1.2B IPO in Hong Kong

broad group zhang jian

2019/10/28 by James Hatton Leave a Comment

Prefabricated construction firm Changsha Broad Homes Industrial Group kicked off an initial public offering in Hong Kong today that could value the company at HK$6.6 billion ($840 million).

The Changsha-based company, which was founded a decade ago by heating and… Read More>>

Prefabricated construction firm Changsha Broad Homes Industrial Group kicked off an initial public offering in Hong Kong … Read more>>>

thaili chi kailong

Kailong Raises $575M to Close Greater China USD Fund at 30% Over Target

thaili chi kailong

2019/10/25 by James Hatton Leave a Comment

Kailong Real Estate Investment has announced that its second US-dollar denominated, China-focused property fund has reached a final close of $575 million — more than 30 percent above the fund manager’s original target.

The announcement comes six months after the… Read More>>

Kailong Real Estate Investment has announced that its second US-dollar denominated, China-focused property fund has … Read more>>>

Yanlord Land Offers to Buy Out United Engineers in S$1.7B Deal

2019/10/25 by James Hatton Leave a Comment

Shanghai-based Yanlord Land Group is making a mandatory cash offer for United Engineers Limited in a deal that values the century-old property company at S$1.7 billion ($1.25 billion).

The developer chaired by mainland native Zhong Sheng Jian, who is also… Read More>>

Shanghai-based Yanlord Land Group is making a mandatory cash offer for United Engineers Limited in a deal that values … Read more>>>

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