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Ankur Gupta Brookfield

Brookfield Buying India’s Leela Hotels for $576M

Ankur Gupta Brookfield

2019/03/19 by Michael Cole Leave a Comment

Canada’s Brookfield Asset Management has agreed to purchase a set of four hotels, a hospitality development project and branding rights to one of India’s elite hotel chains from Hotel Leela Venture for INR 39.5 billion ($576 million), according to a… Read More>>

Canada’s Brookfield Asset Management has agreed to purchase a set of four hotels, a hospitality development project and … Read more>>>

Oxley boss Ching Chiat Kwong

AEW Said to Make S$1B Bid for Chevron House at Raffles Place

Oxley boss Ching Chiat Kwong

2019/03/17 by Michael Cole Leave a Comment

Oxley Holdings announced late Thursday that it has received an unsolicited expression of interest in the amount of S$1.025 billion ($758 million) for the Chevron House building at Raffles Place, exactly one year after the Singapore-listed developer completed its purchase… Read More>>

Oxley Holdings announced late Thursday that it has received an unsolicited expression of interest in the amount of … Read more>>>

portrait-cha-mou-sing hanison tb

Hanison Buys Kowloon East Industrial Building for HK$489M

portrait-cha-mou-sing hanison tb

2019/03/14 by Michael Cole 2 Comments

Hanison Construction Holdings has agreed to purchase an industrial building in Hong Kong’s Kowloon East area just five months after the city’s government said it would reboot a program to encourage redevelopment of workshops, warehouses and go-downs for new uses.

… Read More>>

Hanison Construction Holdings has agreed to purchase an industrial building in Hong Kong’s Kowloon East area just five … Read more>>>

John Riady Lippo

Riady Family Leads $1B Rights Issue for Lippo Development Unit After Bribery Scandal

John Riady Lippo

2019/03/13 by Jan Kot Leave a Comment

Indonesia’s Lippo Karawaci has secured $1.01 billion in new funding, as the real estate development division of the 69-year-old conglomerate seeks to revitalise its business.

Lippo, which is controlled by Indonesia’s billonaire Riady family, has teamed the recapitalisation with a… Read More>>

Indonesia's Lippo Karawaci has secured $1.01 billion in new funding, as the real estate development division of the … Read more>>>

Alex Zheng_Mofang-tb

Warburg-Backed Mofang Apartments Raises $150M in Caisse-Led Funding Round

Alex Zheng_Mofang-tb

2019/03/12 by Michael Cole Leave a Comment

Warburg Pincus-backed Mofang Apartments has closed on a $150 million funding round, led by Canadian fund manager, Caisse de dépôt et placement du Québec (CDPQ), according to an announcement on Monday by the Shanghai-based apartment provider.

Mofang, which manages 70,000… Read More>>

Warburg Pincus-backed Mofang Apartments has closed on a $150 million funding round, led by Canadian fund manager, Caisse … Read more>>>

yu liang china vanke-tb

China Vanke Sales Slid 12% in February as Mainland Home Titans Pinched

yu liang china vanke-tb

2019/03/12 by Jan Kot Leave a Comment

Property sales by China’s top three developers slid in the first two months of 2019 compared to the same period last year as the companies brace for an uncertain year ahead.

Vanke, China’s second-largest real estate developer in 2018 in… Read More>>

Property sales by China’s top three developers slid in the first two months of 2019 compared to the same period last … Read more>>>

Cheung Kong Center

Mainland PE Firm Leases Office in HK’s Cheung Kong Center for HK$225 Per SqFt

Cheung Kong Center

2019/03/11 by Michael Cole Leave a Comment

With central banks growing more cautious on liquidity and political controversies making executives tread lightly, Hong Kong’s office market has been quiet so far this year. At until last week, when a mainland finance firm reportedly leased an office in… Read More>>

With central banks growing more cautious on liquidity and political controversies making executives tread lightly, Hong … Read more>>>

28 Barker Front

House on Hong Kong’s Peak Sells at 26% Discount as Market Struggles

28 Barker Front

2019/03/11 by Michael Cole Leave a Comment

A luxury house on Hong Kong’s Victoria Peak has reportedly sold at a 26.5 percent discount from the seller’s original asking price, after going unpurchased for the past seven months, according to local media accounts.

House No 5 at 28… Read More>>

A luxury house on Hong Kong’s Victoria Peak has reportedly sold at a 26.5 percent discount from the seller’s original … Read more>>>

Chris Heady Blackstone

Blackstone Buys HNA’s HKICIM for HK$7B

Chris Heady Blackstone

2019/03/10 by Michael Cole Leave a Comment

Funds managed by Blackstone have agreed to purchase a controlling stake in Hong Kong International Construction Investment Management Group Co. Ltd (HKICIM), the listed property subsidiary of China’s HNA Group, for HK$7.02 billion ($894.8 million), according to an announcement to… Read More>>

Funds managed by Blackstone have agreed to purchase a controlling stake in Hong Kong International Construction … Read more>>>

Chamtime plaza shanghai

Blackstone Said in Talks to Buy Pudong Commercial Complex for $1.5B

Chamtime plaza shanghai

2019/03/07 by Jan Kot Leave a Comment

Blackstone Group is said to be in talks to acquire Chamtime Plaza, a commercial complex in Shanghai’s Pudong district, in a deal that could be worth more than RMB 10 billion ($1.5 billion), according to an account by Bloomberg.

The… Read More>>

Blackstone Group is said to be in talks to acquire Chamtime Plaza, a commercial complex in Shanghai's Pudong district, … Read more>>>

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