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Singapore’s Chevron House Goes on Sale for $515M

2017/08/07 by Greg Isaacson Leave a Comment

Another major Singaporean office transaction could be in the works, as the owner of a commercial tower at the city’s Raffles Place commercial hub has put the 32-storey building on the block for an asking price of S$700 million ($515.2… Read More>>

Another major Singaporean office transaction could be in the works, as the owner of a commercial tower at the city's … Read more>>>

Perennial-Led Group Eyes $1.2B Sale of Singapore’s AXA Tower

2017/08/03 by Greg Isaacson Leave a Comment

A group of investors led by Perennial Real Estate Holdings are said to be considering the en bloc sale of AXA Tower, the sixth-tallest building in Singapore, for at least S$1.65 billion ($1.2 billion).

According to an account in The… Read More>>

A group of investors led by Perennial Real Estate Holdings are said to be considering the en bloc sale of AXA Tower, the … Read more>>>

Blackstone Makes $347M Buyout Offer for Japanese Real Estate Trust

2017/08/03 by Greg Isaacson Leave a Comment

US private equity giant Blackstone is looking to add more Japanese properties to its $104 billion global trove of real estate assets under management. The New York-based firm has offered to acquire ASX-listed Astro Japan Property Trust, which owns a… Read More>>

US private equity giant Blackstone is looking to add more Japanese properties to its $104 billion global trove of real … Read more>>>

Stephen-A.-Schwarzman

Blackstone Said Planning $3B Asia Buyout Fund

Stephen-A.-Schwarzman

2017/07/23 by Greg Isaacson Leave a Comment

US private equity giant Blackstone is reportedly planning to ramp up its presence in Asia by raising up to $3 billion for its first buyout fund focused on the region. According to sources cited by Reuters, Blackstone Group LP has… Read More>>

US private equity giant Blackstone is reportedly planning to ramp up its presence in Asia by raising up to $3 billion … Read more>>>

Wang Jianlin Sun Hongbin Li Sze-Lim

R&F Buys 77 Wanda Hotels for $2.9B in Game of China’s Biggest Debtors

Wang Jianlin Sun Hongbin Li Sze-Lim

2017/07/21 by Greg Isaacson 2 Comments

China’s biggest-ever property deal has taken another twist, with Guangzhou’s R&F Properties suddenly stepping in to acquire 77 hotels from Dalian Wanda Group for RMB 19.9 billion ($2.9 billion).

The acquisition is the latest twist on a sale of Wanda’s… Read More>>

China's biggest-ever property deal has taken another twist, with Guangzhou's R&F Properties suddenly stepping in to … Read more>>>

Horsfield Naked Hub

naked Hub, JustGroup Merge to Create Asian Co-Working Powerhouse

Horsfield Naked Hub

2017/07/20 by Greg Isaacson Leave a Comment

naked Hub, the Chinese flexible office provider, is joining forces with Singapore’s JustGroup to create Asia’s leading operator of high-end co-working space and compete with US giant WeWork, the companies announced Tuesday.

The merger of the two shared office players… Read More>>

naked Hub, the Chinese flexible office provider, is joining forces with Singapore's JustGroup to create Asia's leading … Read more>>>

Evergrande Xu Jiayin

Chinese Estates Buys $1B Stake in Mainland Development Giant Evergrande

Evergrande Xu Jiayin

2017/07/20 by Greg Isaacson Leave a Comment

Hong Kong developer Chinese Estates Holdings has deepened its longstanding ties with China Evergrande, revealing it has acquired a five percent stake in the mainland’s largest homebuilder since April for a total price of HK$8.1 billion ($1.04 billion).

The news… Read More>>

Hong Kong developer Chinese Estates Holdings has deepened its longstanding ties with China Evergrande, revealing it has … Read more>>>

tephen Schwarzma

Blackstone Said in Talks to Buy $525M Indian Property Fund

tephen Schwarzma

2017/07/17 by Greg Isaacson Leave a Comment

Blackstone Group is reportedly in talks to acquire a $525 million India real estate fund, adding to the US private equity giant’s $3 billion of property investments in the country. The New York-based company is looking to buy ILFS India… Read More>>

Blackstone Group is reportedly in talks to acquire a $525 million India real estate fund, adding to the US private … Read more>>>

Wang Jianlin Wanda

Wanda Sells 13 Theme Parks and 76 Hotels to Sunac for $9.3B

Wang Jianlin Wanda

2017/07/11 by Greg Isaacson Leave a Comment

Less than one year ago, Wang Jianlin’s Wanda Group paid $4.4 billion to privatise its Hong Kong-listed developer, Wanda Commercial Properties, in the biggest share buy-back ever on the city’s stock exchange.

While the billionaire property developer still hopes to… Read More>>

Less than one year ago, Wang Jianlin's Wanda Group paid $4.4 billion to privatise its Hong Kong-listed developer, Wanda … Read more>>>

Wang Jianlin

Wanda Declares 12.4% Revenue Growth in 1H After Disastrous 2016

Wang Jianlin

2017/07/10 by Greg Isaacson Leave a Comment

China’s biggest commercial property developer has made headlines around the world as it builds up a sprawling retail empire and snaps up overseas assets from cinema chains to sports firms. Questions were raised, however, about the sustainability of this aggressive… Read More>>

China's biggest commercial property developer has made headlines around the world as it builds up a sprawling retail … Read more>>>

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