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lee-kok-sun gic

GIC Buys Stake in Mumbai Four Seasons Developer for Reported $143M

lee-kok-sun gic

2018/08/24 by Richard Meyer Leave a Comment

GIC is acquiring a minority stake in Provenance Land, the developer of India’s first Four Seasons hotel, according to a statement on August 22nd by the Singaporean sovereign wealth fund.

Sources familiar with the deal, as cited in India’s Economic… Read More>>

GIC is acquiring a minority stake in Provenance Land, the developer of India's first Four Seasons hotel, according to a … Read more>>>

bill_winters standard chartered

Standard Chartered Sells Asia Principal Finance Real Estate Business to UK’s Actis

bill_winters standard chartered

2018/08/22 by Richard Meyer Leave a Comment

Standard Chartered Bank has sold its Principal Finance Real Estate (PFRE) business in Asia to UK emerging markets investor Actis and is reported to be close to unloading its private equity business as well. The deals mark an end to… Read More>>

Standard Chartered Bank has sold its Principal Finance Real Estate (PFRE) business in Asia to UK emerging markets … Read more>>>

Ada Wong Champion REIT

Champion REIT Reaches Records as Rental Income Jumps 10.1%

Ada Wong Champion REIT

2018/08/21 by Emma Zhou Leave a Comment

Champion REIT, the owner of Three Garden Road in Central and Langham Place in Mongkok, achieved record distributable income of HK$812 million ($104 million), in the first half of 2018, according to results released last week by the manager of… Read More>>

Champion REIT, the owner of Three Garden Road in Central and Langham Place in Mongkok, achieved record distributable … Read more>>>

Luo Aihua

Three Directors of Shenzhen Developer Arrested in Kingkey-Led Takeover

Luo Aihua

2018/08/17 by Emma Zhou Leave a Comment

Three officers of developer Shenzhen Kondarl Group have been detained by Shenzhen police within the last week, according to announcements by the Shenzhen-listed real estate firm, following a five year conflict between the company’s founder and its second-largest shareholder, Kingkey… Read More>>

Three officers of developer Shenzhen Kondarl Group have been detained by Shenzhen police within the last week, according … Read more>>>

Siddharth-Yog-768x600

Blackstone Nears $286M India IT Park Sale in Run-Up to $1B REIT IPO

Siddharth-Yog-768x600

2018/08/15 by Richard Meyer Leave a Comment

Blackstone is close to selling a pair of business parks in Pune, India to Indian private equity firm Xander Group for 20 billion Indian rupees ($286 million), according to a report in the Business Standard.

The US private equity giant’s… Read More>>

Blackstone is close to selling a pair of business parks in Pune, India to Indian private equity firm Xander Group for 20 … Read more>>>

denis ma JLL

First Mortgage Rate Hike in 12 Years Ends Cheap Borrowing Era in Hong Kong

denis ma JLL

2018/08/14 by Emma Zhou Leave a Comment

After 12 years of enjoying rock-bottom interest rates, mortgage-holders in the world’s most expensive city in which to buy a home saw their days of cheap financing come to an abrupt end this past week as some 13 banks announced… Read More>>

After 12 years of enjoying rock-bottom interest rates, mortgage-holders in the world’s most expensive city in which to … Read more>>>

Chen Feng HNA

HNA Agrees to Sell Radisson Hotel Group to Jin Jiang for Reported $2B

Chen Feng HNA

2018/08/11 by Emma Zhou Leave a Comment

Two years after acquiring the Minnesota-based hotel group now known as Radisson Hospitality, Hainan-based conglomerate HNA has agreed to sell off its interest in the 1,400 venue hotel chain to a consortium led by Shanghai-based Jin Jiang International Holdings, according… Read More>>

Two years after acquiring the Minnesota-based hotel group now known as Radisson Hospitality, Hainan-based conglomerate … Read more>>>

Embassy's Jitu Virwani

Blackstone Boosts Asset Portfolio in Run-Up to $1B India REIT IPO

Embassy's Jitu Virwani

2018/08/08 by Richard Meyer 1 Comment

Blackstone is transferring more investments into India’s first real estate investment trust just ahead of the proposed initial offering. The US investment giant’s local partner in the pioneering real estate deal, Embassy Group, is said to also be tweaking its… Read More>>

Blackstone is transferring more investments into India's first real estate investment trust just ahead of the proposed … Read more>>>

xu jiayin trophy

Evergrande Leads China’s Real Estate Winners with 125% Jump in Profit in 2018 1H

xu jiayin trophy

2018/08/07 by Emma Zhou Leave a Comment

China’s top two developers saw their profits grow by at least 50 percent in the first half of the year, according to financial results released this week.

Guangdong-based Country Garden and Shenzhen’s Evergrande, China’s two largest real estate developers in… Read More>>

China’s top two developers saw their profits grow by at least 50 percent in the first half of the year, according to … Read more>>>

Lloyd Blankfein

Goldman Said to Pick Korea’s NPS as Preferred Buyer for £1.5B London HQ

Lloyd Blankfein

2018/08/06 by Michael Cole Leave a Comment

Goldman Sachs is said to have picked Korea’s National Pension Service (NPS) as the preferred buyer of its soon-to-be-completed European headquarters in London, according to a report in the Korean press, with the UK office building expected to change hands… Read More>>

Goldman Sachs is said to have picked Korea’s National Pension Service (NPS) as the preferred buyer of its … Read more>>>

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