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Victor Li of CK Asset

Victor Li’s CK Asset Said Downsizing Shanghai Team by 30%

Victor Li of CK Asset

2018/08/28 by Emma Zhou Leave a Comment

Victor Li Tzar-kuoi’s CK Asset Holdings is downsizing its Shanghai team by 30 percent, according to reports in the mainland press, which indicate that the Hong Kong-based developer stopped renewing contracts with local employees since February of this year.

The… Read More>>

Victor Li Tzar-kuoi’s CK Asset Holdings is downsizing its Shanghai team by 30 percent, according to reports in the … Read more>>>

yang zhihui landing

Casino Developer Landing Intl Sinks 45% on HK Exchange After Chairman Detained

yang zhihui landing

2018/08/27 by Emma Zhou Leave a Comment

Landing International Development, a Hong Kong-listed casino builder, reported to the Hong Kong Stock Exchange on Thursday that the company is unable to contact its 47-year-old chairman Yang Zhihui, who controls 50.48 percent of the company.

According to a report… Read More>>

Landing International Development, a Hong Kong-listed casino builder, reported to the Hong Kong Stock Exchange on … Read more>>>

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>>>

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