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Chen Feng HNA

HNA Shopping $11B in Properties as Cash Crisis Continues

Chen Feng HNA

2018/10/10 by Jan Kot 1 Comment

Troubled Chinese conglomerate HNA Group has put on the market property assets said to be worth up to $11 billion in its latest move to steady the ship, according to a Reuters account.

HNA has provided lists containing some 82… Read More>>

Troubled Chinese conglomerate HNA Group has put on the market property assets said to be worth up to $11 billion in its … Read more>>>

Jia Yueting LeEco

Evergrande’s $2B Investment in Faraday May Have a Limited Future

Jia Yueting LeEco

2018/10/10 by Emma Zhou Leave a Comment

After enjoying a four month honeymoon following China Evergrande’s June decision to invest $2 billion in his Faraday Future electric car startup, mercurial mainland entrepreneur Jia Yueting is ready to call it quits with his latest white knight.

Evergrande Health,… Read More>>

After enjoying a four month honeymoon following China Evergrande’s June decision to invest $2 billion in his Faraday … Read more>>>

Shang Sin Chun Tong temple

Taoist Temple Takes Over Short-Time Hotel in Hong Kong’s Kowloon East

Shang Sin Chun Tong temple

2018/10/08 by Amie Cheng Leave a Comment

While analysts fret over the future of Hong Kong, there are signs that religion may be on the rise and vice in decline in the city after a Taoist temple in Kowloon East bought out a neighbouring short-time hotel.

The… Read More>>

While analysts fret over the future of Hong Kong, there are signs that religion may be on the rise and vice in decline … Read more>>>

goodwin gaw

Blackstone Agrees to Buy SF Office Complex From Gaw for $245M

goodwin gaw

2018/10/07 by Michael Cole Leave a Comment

Gaw Capital is selling a San Francisco office complex that covers three city blocks to Blackstone for $245 million, according to loan application documents filed by Blackstone in the US.

Stephen Schwarzman’s New York-based firm has signed an agreement to… Read More>>

Gaw Capital is selling a San Francisco office complex that covers three city blocks to Blackstone for $245 million, … Read more>>>

Lee Shau-Kee Henderson

Henderson Land Gets $930M Offer for Office Building in HK’s Central

Lee Shau-Kee Henderson

2018/10/05 by Emma Zhou Leave a Comment

Henderson Land Development has reportedly received a HK$7.3 billion ($930 million) offer from an undisclosed financial group for the FWD Financial Centre, a grade A office building at the western fringe of the city’s Central district, according to a source… Read More>>

Henderson Land Development has reportedly received a HK$7.3 billion ($930 million) offer from an undisclosed financial … Read more>>>

Payson Cha Hanison

CapitaLand Sells HK Serviced Apartment Building to Hanison for $93M

Payson Cha Hanison

2018/10/04 by Emma Zhou Leave a Comment

Hong Kong real estate developer Hanison Construction on Wednesday announced to the Hong Kong Exchange that it has agreed to purchase a serviced apartment building in Hong Kong’s Sai Ying Pun area for HK$730 million ($93 million).

Hanison, which is… Read More>>

Hong Kong real estate developer Hanison Construction on Wednesday announced to the Hong Kong Exchange that it has agreed … Read more>>>

Lucas Loh CapitaLand

CapitaLand Invests $20M to Bring Co-Working to Prime SG Towers

Lucas Loh CapitaLand

2018/10/03 by Emma Zhou Leave a Comment

CapitaLand on Tuesday announced its “office of the future” strategy, which aims to integrate co-working style “flexible office space” into the developer’s traditional commercial projects. The Singaporean real estate giant says it is already at work implementing the new strategy… Read More>>

CapitaLand on Tuesday announced its “office of the future” strategy, which aims to integrate co-working style “flexible … Read more>>>

xu jiayin one

Evergrande’s Calxon Spends RMB 595M to Expand Movie Theatre Business

xu jiayin one

2018/10/03 by Emma Zhou Leave a Comment

Just over two years after spending $554 million to acquire Shenzhen-listed China Calxon Group, the mainland’s second-largest developer by sales may have finally found a use for the company once thought to give Xu Jiayin’s real estate giant a back-door… Read More>>

Just over two years after spending $554 million to acquire Shenzhen-listed China Calxon Group, the mainland's … Read more>>>

Mapletree Bay point

Cigna Flees HK Island Office Rents With Move to Mapletree Kowloon Project

Mapletree Bay point

2018/10/03 by Emma Zhou Leave a Comment

Cigna Worldwide Life Insurance has become the latest multinational to flee the rising costs of Hong Kong island office space for Kowloon’s more budget-friendly shores, according to local media reports.

The US-based insurer is set to become neighbours with HSBC… Read More>>

Cigna Worldwide Life Insurance has become the latest multinational to flee the rising costs of Hong Kong island office … Read more>>>

Rita Tong Liu

Macau Gambling Figures Buy Asset in HK’s Central From Car Park Queen for HK$100M

Rita Tong Liu

2018/10/02 by Amie Cheng Leave a Comment

The sixth floor of the On Lok Yuen Building on Hong Kong’s Dex Voeux Road was purchased by a Macau investor for HK$100 million, the Land Registry announced late last month. The investor has now been identified as Chan Wai… Read More>>

The sixth floor of the On Lok Yuen Building on Hong Kong’s Dex Voeux Road was purchased by a Macau investor for HK$100 … Read more>>>

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