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Barbara Cambon

Keppel Capital, KBS File for $813M IPO of US REIT in Singapore

Barbara Cambon

2019/07/10 by Jan Kot Leave a Comment

Keppel Capital, together with partners from the US and Singapore, has filed the final paperwork to launch a $813 million Singapore IPO of a set of 11 US commercial properties. according to a stock market announcement on Tuesday.

KBS US… Read More>>

Keppel Capital, together with partners from the US and Singapore, has filed the final paperwork to launch a $813 million … Read more>>>

adam neumann wework

WeWork Said Co-Working with Goldman, JP Morgan to Raise Up to $4B in Debt Pre-IPO

adam neumann wework

2019/07/08 by Michael Cole Leave a Comment

Seven months after filing for an initial public offering, WeWork is planning to raise as much as $4 billion in debt to refill its corporate coffers, according to news accounts citing sources familiar with the shared office provider’s discussions.

The… Read More>>

Seven months after filing for an initial public offering, WeWork is planning to raise as much as $4 billion in debt to … Read more>>>

Chen Feng HNA

China Vanke Buys Out Beijing Complex in RMB 1.3B Deal with HNA

Chen Feng HNA

2019/07/07 by Jan Kot Leave a Comment

Financially troubled HNA Group has sold the remaining 75.10 percent stake of a Beijing commercial complex to a subsidiary of China Vanke for a total consideration of RMB 1.304 billion ($190 million), according to a filing to the Shanghai Stock… Read More>>

Financially troubled HNA Group has sold the remaining 75.10 percent stake of a Beijing commercial complex to a … Read more>>>

wang zhenhua future holdings

Future Land Chairman Held by Police After Charges of Molesting 9-Year-Old Girl

wang zhenhua future holdings

2019/07/04 by Michael Cole Leave a Comment

The chairman of Hong Kong-listed Future Land and mainland developer Seazen Holdings has been detained by police in Shanghai for investigation of crimes related to charges of sexually abusing a nine-year-old girl, according to a statement late yesterday by the… Read More>>

The chairman of Hong Kong-listed Future Land and mainland developer Seazen Holdings has been detained by police in … Read more>>>

CapitaLand Proposes Merger to Create S$7.6B Super Ascott REIT

2019/07/03 by James Hatton Leave a Comment

A proposed consolidation of two CapitaLand-sponsored real estate investment trusts is set to create the largest hospitality trust in Asia Pacific, according to a joint announcement by the REIT managers.

Southeast Asia’s largest real estate group is proposing to merge… Read More>>

A proposed consolidation of two CapitaLand-sponsored real estate investment trusts is set to create the largest … Read more>>>

suntec-reit-Chong-Kee-Hiong

ARA’s Suntec REIT Agrees to Buy Sydney Office Project for A$297M

suntec-reit-Chong-Kee-Hiong

2019/07/02 by Michael Cole Leave a Comment

Singapore-listed real estate investment trust Suntec REIT has agreed to acquire its fourth Australian commercial property, an office project in the Sydney tech hub of Pyrmont, for A$297 million ($208 million), according to an announcement to the stock exchange.

The… Read More>>

Singapore-listed real estate investment trust Suntec REIT has agreed to acquire its fourth Australian commercial … Read more>>>

Samuel WT Chu and Benjamin KY Lee

Phoenix Property Said Receiving Offers Over HK$9B for WeWork’s Causeway Bay Home

Samuel WT Chu and Benjamin KY Lee

2019/07/01 by James Hatton Leave a Comment

Phoenix Property Investors has been receiving offers of over HK$9 billion ($1.15 billion) from buyers interested in purchasing Tower 535 in Causeway Bay, according to sources familiar with the discussions who spoke with Mingtiandi.

The private equity fund manager, which… Read More>>

Phoenix Property Investors has been receiving offers of over HK$9 billion ($1.15 billion) from buyers interested in … Read more>>>

Yang Jian, founder of Zhongliang Holdings

Shanghai-Based Developer Zhongliang Holdings Files for HK$3.5B IPO

Yang Jian, founder of Zhongliang Holdings

2019/07/01 by Jan Kot Leave a Comment

China’s only 100-billion-yuan privately held developer, Zhongliang Holdings Group, plans to raise up to HK$3.54 billion ($453 million) in an initial public offering on the Hong Kong Stock Exchange, according to official filings by the company.

The Zhejiang-based home builder… Read More>>

China’s only 100-billion-yuan privately held developer, Zhongliang Holdings Group, plans to raise up to HK$3.54 billion … Read more>>>

Charoen Sirivadhanabhakdi

Frasers Property Selling 50% Stake in S$2B Singapore Tower to Korea’s NPS

Charoen Sirivadhanabhakdi

2019/06/29 by Michael Cole Leave a Comment

Singapore-listed Frasers Property has agreed to sell a 50 percent stake in its namesake office building in the city’s central business district for cash compensation of S$442.7 million ($327.4 million) according to an announcement by the developer late last week.

… Read More>>

Singapore-listed Frasers Property has agreed to sell a 50 percent stake in its namesake office building in the city’s … Read more>>>

mohammed saiful alam

Keppel’s Alpha Investment Partners Sells Ibis Novena Hotel for S$170M

mohammed saiful alam

2019/06/28 by Michael Cole 4 Comments

Alpha Investment Partners has sold a 241-room hotel in Singapore’s Novena area for just under S$170 million ($125.6 million), according to sources familiar with the transaction who spoke with Mingtiandi.

The private equity division of Keppel Capital has already handed… Read More>>

Alpha Investment Partners has sold a 241-room hotel in Singapore’s Novena area for just under S$170 million ($125.6 … Read more>>>

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