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Rahul Ghai Partners Group

Partners Group Takes Majority Stake in $1.34B Buyout of Beijing Commercial Complex

Rahul Ghai Partners Group

2019/03/28 by Michael Cole Leave a Comment

The tension between Beijing’s chronic shortage of office space and booming tech sector has triggered a burst of activity in the city’s commercial real estate market this year, including acquisitions of assets in the city’s tech hub worth more than… Read More>>

The tension between Beijing’s chronic shortage of office space and booming tech sector has triggered a burst of activity … Read more>>>

Zuo Hui Lianjia

Tencent Leads $800M Funding Round for Mainland Property Listings Platform Beike

Zuo Hui Lianjia

2019/03/27 by Jan Kot Leave a Comment

Chinese online property listing platform Beike Zhaofang has secured $800 million in funding from investors led by Internet giant Tencent, according to Chinese media reports.

The ultimate target funding amount for Beike, which was launched by Chinese brokerage giant Lianjia… Read More>>

Chinese online property listing platform Beike Zhaofang has secured $800 million in funding from investors led by … Read more>>>

Payson Cha Hanison

Hanison Said to Offer HK$1.9B for Kingboard’s Hong Kong Office Block

Payson Cha Hanison

2019/03/27 by James Hatton Leave a Comment

A 32-storey commercial building in Hong Kong’s Sheung Wan area is on the verge of being sold for HK$1.9 billion ($242 million) according to local media reports this week, despite the city’s office market during the first quarter of 2019… Read More>>

A 32-storey commercial building in Hong Kong’s Sheung Wan area is on the verge of being sold for HK$1.9 billion ($242 … Read more>>>

Ronnie Chan Hang Lung

Hang Lung Buys Out Kowloon East Industrial Building at HK$2.08B Valuation

Ronnie Chan Hang Lung

2019/03/27 by Jan Kot Leave a Comment

Hang Lung Properties bought out the remaining space that it did not yet own in a 68-year-old industrial building in Kowloon East this week, clearing the way for the Hong Kong-listed builder plans to redevelop the site into a residential… Read More>>

Hang Lung Properties bought out the remaining space that it did not yet own in a 68-year-old industrial building in … Read more>>>

Alpha Investment Partners CEO Alvin Mah

Keppel Land, Alpha Acquire RMB 4.6B Shanghai Yi Fang Tower

Alpha Investment Partners CEO Alvin Mah

2019/03/27 by James Hatton 2 Comments

Keppel Capital and Keppel Land, along with a consortium of co-investors have signed an agreement to acquire 100 percent of the equity in a recently completed commercial development in Shanghai’s Hongkou district for RMB 4.6 billion ($686 million), according to… Read More>>

Keppel Capital and Keppel Land, along with a consortium of co-investors have signed an agreement to acquire 100 percent … Read more>>>

Huang Qisen Tahoe Group

Tahoe Sells Stake in Hangzhou Project in Scramble to Repay RMB 3B Bond This Week

Huang Qisen Tahoe Group

2019/03/25 by Michael Cole Leave a Comment

Facing a 28 March deadline to repay principal and interest on a RMB 3 billion ($450 million) bond, Tahoe Group issued a statement to the Shenzhen stock exchange today reassuring investors that the financially troubled mainland developer would be able… Read More>>

Facing a 28 March deadline to repay principal and interest on a RMB 3 billion ($450 million) bond, Tahoe Group issued a … Read more>>>

Kwok Ying Lan Yuzhou

Yuzhou Properties Buys HK Office Floor From Chairman’s Wife for HK$898M

Kwok Ying Lan Yuzhou

2019/03/25 by Jan Kot Leave a Comment

Members of the consortium that paid nearly $5.2 billion to purchase the Center on Hong Kong’s Queen’s Road in 2017 have been struggling in the city’s current market slowdown, but an announcement this week indicates that one of the wealthy… Read More>>

Members of the consortium that paid nearly $5.2 billion to purchase the Center on Hong Kong's Queen's Road in 2017 have … Read more>>>

Mercure Stevens Road Singapore

Oxley Reboots Sale of S$950M Singapore Hotels After Buyer Balks

Mercure Stevens Road Singapore

2019/03/24 by Jan Kot Leave a Comment

Oxley Holdings has appointed new consultants to find a fresh buyer for its Novotel and Mercure hotels on Stevens Road after a previous suitor was found to have breached the terms of a letter of intent for purchase of the… Read More>>

Oxley Holdings has appointed new consultants to find a fresh buyer for its Novotel and Mercure hotels on Stevens Road … Read more>>>

John Pattar KKR

PE Giant KKR Said Raising $1.5B for Maiden Asia Real Estate Fund

John Pattar KKR

2019/03/21 by Michael Cole Leave a Comment

US private equity pioneer KKR expects to reach a first close on its maiden Asia real estate fund within the next three months, according to a report today by Reuters.

The funding vehicle, which would be in addition to the… Read More>>

US private equity pioneer KKR expects to reach a first close on its maiden Asia real estate fund within the next three … Read more>>>

Patu Keswani

Warburg Pincus-Backed Lemon Tree Buys Indian Rival Keys Hotels

Patu Keswani

2019/03/19 by Jan Kot Leave a Comment

Warburg Pincus-backed Lemon Tree Hotels has entered into a preliminary agreement to purchase Keys Hotels, a unit of New York’s Berggruen Hotels, according to a stock exchange filing by the New Delhi-based company.

Should the transaction take place, it would… Read More>>

Warburg Pincus-backed Lemon Tree Hotels has entered into a preliminary agreement to purchase Keys Hotels, a unit of New … Read more>>>

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