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adrian cheng2

Adrian Cheng Promoted as New World Reports 31% Spurt in Net Profit

adrian cheng2

2017/02/27 by Tyler Roney Leave a Comment

His grandfather passing just a few months ago and his father ill, heir apparent to the New World Development throne, Adrian Cheng Chi-Kong, led his first earnings briefing for the $54 billion Hong Kong real estate developer last week, reporting… Read More>>

His grandfather passing just a few months ago and his father ill, heir apparent to the New World Development throne, … Read more>>>

William Cheng Kai Man

Henderson Sells North Point Hotel to Son-in-Law for HK$1 Bil

William Cheng Kai Man

2017/02/20 by Michael Cole Leave a Comment

Top Hong Kong real estate player Henderson Land Development Company has agreed to sell a hotel in the city’s North Point area to Shun Ho Property for HK$1 billion ($129 million), according to an announcement on Friday to the Hong… Read More>>

Top Hong Kong real estate player Henderson Land Development Company has agreed to sell a hotel in the city’s North Point … Read more>>>

justin oconnor

Savills IM Wins $600 Mil in Investment Mandates for Japan Market

justin oconnor

2017/02/20 by Tyler Roney Leave a Comment

Savills Investment Management (Savills IM) has won two mandates to invest in Japanese real estate equaling $600 million, with the commitments coming earlier this month from an existing investor and from a new institutional partner.

The London-based international real estate… Read More>>

Savills Investment Management (Savills IM) has won two mandates to invest in Japanese real estate equaling $600 million, … Read more>>>

Mapletree Oakwood

Mapletree Acquires Oakwood Serviced Apartment Chain

Mapletree Oakwood

2017/02/19 by Michael Cole Leave a Comment

Singapore’s Mapletree Investments has purchased Los Angeles-based serviced apartment provider Oakwood Worldwide for an undisclosed sum.

The sylvan-themed deal gives the Temasek Holdings-backed firm control over a network of corporate housing and serviced apartments with properties in more than 95… Read More>>

Singapore’s Mapletree Investments has purchased Los Angeles-based serviced apartment provider Oakwood Worldwide for an … Read more>>>

Mark Machin CPPIB

CPPIB Revealed as $375M Investor in PAG Asian Real Estate Fund

Mark Machin CPPIB

2017/02/15 by Mingtiandi Team Leave a Comment

A statement on Friday by the Canadian Pension Plan Investment Board (CPPIB) reveals that the manager of Canada’s largest pension body has taken an anchor stake in the most recent real estate fund assembled by Hong Kong-based private equity shop… Read More>>

A statement on Friday by the Canadian Pension Plan Investment Board (CPPIB) reveals that the manager of Canada’s largest … Read more>>>

Mark Yip CDL China

Singapore’s CDL Acquires Shanghai Commercial Project for RMB 900M

Mark Yip CDL China

2017/02/14 by Michael Cole Leave a Comment

Singapore’s City Developments Ltd (CDL) has acquired a 32,000 square metre commercial project near Shanghai’s Hongqiao transportation hub in its second real estate investment in the mainland megacity in less than one month.

CDL’s wholly owned subsidiary, CDL China Limited… Read More>>

Singapore’s City Developments Ltd (CDL) has acquired a 32,000 square metre commercial project near Shanghai’s Hongqiao … Read more>>>

UE Bizhub East

KKR, Ascendas-Singbridge Bid for Singapore’s $1.3B United Engineers

UE Bizhub East

2017/02/14 by Michael Cole Leave a Comment

KKR, Ascendas-Singbridge and Perennial Real Estate are among the finalists competing to acquire S$1.9 billion ($1.3 billion) Singapore property group United Engineers Ltd, according to a recent report by Bloomberg. The bids for the company were confirmed in a notice… Read More>>

KKR, Ascendas-Singbridge and Perennial Real Estate are among the finalists competing to acquire S$1.9 billion ($1.3 … Read more>>>

DBS Manulife

DBS Sells Singapore’s PWC Building to Manulife for $526 Mil

DBS Manulife

2017/02/12 by Michael Cole Leave a Comment

DBS Group has sold the PwC Building in Singapore’s financial district to Canadian insurer Manulife for an agreed value of S$747 million ($525.7 million) according to an announcement on Friday to the city’s stock exchange.

The deal for the 28-storey… Read More>>

DBS Group has sold the PwC Building in Singapore’s financial district to Canadian insurer Manulife for an agreed value … Read more>>>

Pua Seck Guan

Stanley Ho’s Shun Tak Pays $216M for 61% Stake in Orchard Road Commercial Complex

Pua Seck Guan

2017/02/02 by Michael Cole 2 Comments

Billionaire Stanley Ho’s Shun Tak Holdings has made its first major commercial acquisition in Singapore after the Hong Kong-listed company acquired a 61 percent stake in a commercial project along the city’s famed Orchard Road commercial strip.

Shun Tak paid… Read More>>

Billionaire Stanley Ho’s Shun Tak Holdings has made its first major commercial acquisition in Singapore after the Hong … Read more>>>

Banyan Tree Ringha

Vanke, Banyan Tree Form $292M China Hospitality JV

Banyan Tree Ringha

2017/01/24 by Michael Cole Leave a Comment

China Vanke has continued to diversify from its core business building middle class homes as the Chinese developer this week entered into a RMB 2 billion ($292 million) agreement with Banyan Tree Holdings to jointly own and manage the Singaporean… Read More>>

China Vanke has continued to diversify from its core business building middle class homes as the Chinese developer this … Read more>>>

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