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James Lim Capitaland

CapitaLand Reaches $391M First Close on Value-Add Office Fund

James Lim Capitaland

2019/04/22 by Michael Cole Leave a Comment

CapitaLand has reached a $391 million first close on its first ever discretionary equity investment fund, according to an announcement today by the Singaporean real estate giant.

The CapitaLand Asia Partners I (CAP I) fund, is dedicated to value-add office… Read More>>

CapitaLand has reached a $391 million first close on its first ever discretionary equity investment fund, according to … Read more>>>

Lt-Gen (Retd) Winston Choo Wee Leong

CDL, Alpha JV Selling Singapore Office Blocks in S$395M Deal

Lt-Gen (Retd) Winston Choo Wee Leong

2019/04/20 by Michael Cole Leave a Comment

City Developments Ltd (CDL) and Alpha Investment Partners have agreed to sell a suburban office project in Singapore at a reported S$395 million ($291.5 million) valuation, marking the second divestment from a joint venture between the listed developer and the… Read More>>

City Developments Ltd (CDL) and Alpha Investment Partners have agreed to sell a suburban office project in Singapore at … Read more>>>

Chen Feng HNA

HNA’s CWT International Defaults on HK$1.4B Loan

Chen Feng HNA

2019/04/17 by Jan Kot Leave a Comment

CWT International (CWTI), a unit of Chinese conglomerate HNA Group announced on Tuesday that it had defaulted on a HK$1.4 billion ($179 million) loan it received less than seven months ago — an event which its creditors say could lead… Read More>>

CWT International (CWTI), a unit of Chinese conglomerate HNA Group announced on Tuesday that it had defaulted on a … Read more>>>

Wee Cho Yaw

Singapore’s UOL Pays S$675.3M to Buy Out Marina Bay Partners

Wee Cho Yaw

2019/04/15 by Michael Cole Leave a Comment

Listed developer UOL and its subsidiary, United Industrial Corp (UIC), have agreed to pay S$675.3 million ($499.26 million) to take 100 percent ownership of the Marina Square shopping centre and the Marina Mandarin hotel in Singapore.

The pair of companies… Read More>>

Listed developer UOL and its subsidiary, United Industrial Corp (UIC), have agreed to pay S$675.3 million ($499.26 … Read more>>>

zhang wei china create capital

Buyer of HK$9.95B Henderson Project in Hong Kong Arrested for ‘Mafia Practices’

zhang wei china create capital

2019/04/13 by Jan Kot Leave a Comment

China Create Capital Ltd burst into the headlines early last year when the little-known investment firm purchased a Hong Kong office building from Henderson Land for HK$9.95 billion ($1.27 billion).

Now the Shenzhen-based financial firm, which purchased the 22-storey office… Read More>>

China Create Capital Ltd burst into the headlines early last year when the little-known investment firm purchased a Hong … Read more>>>

ye jianming

Troubled Mainland Investor Sells Wan Chai Office Floors for HK$1.8B in Liquidation Sale

ye jianming

2019/04/13 by Michael Cole Leave a Comment

Troubled investors from mainland China continue to generate activity in Hong Kong’s real estate market, with a set of three office floors belonging an energy firm having recently sold in Wan Chai just over a year after the company’s chairman… Read More>>

Troubled investors from mainland China continue to generate activity in Hong Kong’s real estate market, with a set of … Read more>>>

Lim Kin Song Rockworth

Singapore’s Rockworth Capital Buys 18% Stake in Aussie Investment Group

Lim Kin Song Rockworth

2019/04/11 by Michael Cole Leave a Comment

Rockworth Capital Partners announced today that it has acquired an 18 percent interest in ASX-listed Elanor Investors Group, as the Singapore-based private equity firm ramps up its presence in Australia.

The transaction, which involves purchases of both existing and new… Read More>>

Rockworth Capital Partners announced today that it has acquired an 18 percent interest in ASX-listed Elanor Investors … Read more>>>

Xu Jiayin Evergrande

Mainland Builders Raise RMB 102B in New Cash and More China Real Estate Finance News

Xu Jiayin Evergrande

2019/04/11 by Iris Poon Leave a Comment

In early April, some of mainland China’s largest real estate developers continue to issue new dollar bonds as a spring sales recovery boosts demand for cash. Both Evergrande and Sunac made the headlines with their sales of $2 billion and… Read More>>

In early April, some of mainland China’s largest real estate developers continue to issue new dollar bonds as a spring … Read more>>>

27 Lugard Road

HNA Sells Mansion at Hong Kong’s Peak at 22% Loss After One Year

27 Lugard Road

2019/04/09 by Jan Kot Leave a Comment

HNA Group is said to have sold a site with two historical homes in Hong Kong’s prestigious Victoria Peak area for HK$550 million ($70 million), suffering a more than 22 percent loss on the property just over one year after… Read More>>

HNA Group is said to have sold a site with two historical homes in Hong Kong’s prestigious Victoria Peak area for HK$550 … Read more>>>

Tan Shu Lin OUE C REIT

Singapore’s OUE Proposes S$6.8B Merger of Commercial, Hotel REITs

Tan Shu Lin OUE C REIT

2019/04/08 by Michael Cole 1 Comment

A pair of Singapore-listed property trusts affiliated with Indonesia’s Riady family may soon be merged, according to a deal proposed today by the managers of OUE Commercial REIT and OUE Hospitality Trust.

Under the proposal, unit holders in OUE Hospitality… Read More>>

A pair of Singapore-listed property trusts affiliated with Indonesia’s Riady family may soon be merged, according to a … Read more>>>

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