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Li Sze-lim Guangzhou R&F

HNA Sells Rights to Haikou Project to Guangzhou R&F for RMB 5.7B

Li Sze-lim Guangzhou R&F

2018/04/23 by Shawna Kwan Leave a Comment

Guangzhou R&F Properties, the white knight which bought out 70 Dalian Wanda hotels when Wang Jianlin’s commercial developer hit the wall financially, is now officially the partner of another embattled Chinese conglomerate. The Guangdong-based developer announced on Friday that it… Read More>>

Guangzhou R&F Properties, the white knight which bought out 70 Dalian Wanda hotels when Wang Jianlin’s commercial … Read more>>>

Edwin Leong

Hong Kong’s Shop King Consolidates Western Site with HK$810M Buy of Butterfly Hotel

Edwin Leong

2018/04/22 by Shawna Kwan Leave a Comment

Edwin Leong Siu-hung, chairman of property developer Tai Hung Fai Enterprise and one of Hong Kong’s wealthiest men, is consolidating a block of properties in Sai Ying Pun, two MTR stations west of Central after spending over HK$1.5 billion ($191… Read More>>

Edwin Leong Siu-hung, chairman of property developer Tai Hung Fai Enterprise and one of Hong Kong’s wealthiest men, is … Read more>>>

Lam Chi-fung

Hugo Lam Buys Kwun Tong Industrial Site for HK$1.6B With Plans for New Office Project

Lam Chi-fung

2018/04/21 by Shawna Kwan Leave a Comment

One of Hong Kong’s most aggressive real estate speculators is making good on a pledge of love for Kowloon East, as Hugo Lam Chi-fung has scooped up a Kwun Tong industrial site for HK$1.6 billion ($204 million).

This latest real… Read More>>

One of Hong Kong's most aggressive real estate speculators is making good on a pledge of love for Kowloon East, as Hugo … Read more>>>

GIC Invests $1.3B in Vingroup as VN Developer Readies for $2B Listing

2018/04/18 by Greg Isaacson Leave a Comment

Vietnam’s Vingroup has raised $1.3 billion from Singaporean sovereign wealth fund GIC as the country’s largest real estate developer prepares to list its luxury residential arm, Vinhomes JSC on the Ho Chi Minh City Stock Exchange.

Vingroup, which last year listed… Read More>>

Vietnam's Vingroup has raised $1.3 billion from Singaporean sovereign wealth fund GIC as the country's largest real … Read more>>>

Ryan Law Morgan Stanley

Morgan Stanley Leads $100M Investment in China Rental Housing Operator QingKe

Ryan Law Morgan Stanley

2018/04/18 by Shawna Kwan Leave a Comment

Morgan Stanley is entering China’s rental housing market for the first time by engaging in a $100 million fundraising round for a Chinese rental apartment operator. The investment by the 83-year-old US investment bank follows similar deals by compatriots including… Read More>>

Morgan Stanley is entering China’s rental housing market for the first time by engaging in a $100 million fundraising … Read more>>>

Stuart Jackson InfraRed NF

InfraRed NF Buys HK Storage Startup for $50M as Niche Sector Heats Up

Stuart Jackson InfraRed NF

2018/04/18 by Shawna Kwan Leave a Comment

Two major buyouts have been announced in Asia’s self-storage industry in the past two weeks involving cash of more than $50 million, as the niche investment sector grows in popularity with the region’s property investors.

Private equity firm InfraRed NF… Read More>>

Two major buyouts have been announced in Asia's self-storage industry in the past two weeks involving cash of more than … Read more>>>

Xu Jiayin China Evergrande

Evergrande Said to Bet $300M on Jia Yueting’s Faraday Future

Xu Jiayin China Evergrande

2018/04/17 by Shawna Kwan Leave a Comment

Chinese property tycoon Sun Hongbin said he had never regretted anything until he blew $2 billion backing Jia Yueting’s troubled conglomerate LeEco. But the teary-eyed confession by the chairman of Sunac Holdings doesn’t seem to have given rival property baron… Read More>>

Chinese property tycoon Sun Hongbin said he had never regretted anything until he blew $2 billion backing Jia Yueting’s … Read more>>>

Ma Ah-muk The Center

World’s Most Expensive Office Tower Ready to Be Sold Off Floor By Floor

Ma Ah-muk The Center

2018/04/17 by Shawna Kwan Leave a Comment

Nearly six months after Li Ka-shing’s CK Asset Holdings sold Hong Kong’s The Center skyscraper to a consortium of investors for HK$40.2 billion ($5.15 billion), the world’s most expensive office building is poised to be divvied up among its new owners… Read More>>

Nearly six months after Li Ka-shing’s CK Asset Holdings sold Hong Kong's The Center skyscraper to a consortium of … Read more>>>

Floor in Hong Kong’s World-Wide House Sells For HK$735M, Breaking Record Price

2018/04/17 by Shawna Kwan Leave a Comment

Hong Kong’s Central district has become the place where office price records go to be shattered. Less than a week after a floor in 9 Queen’s Road Central sold for a city-wide record of HK$60,000 ($7,643) per square foot, a… Read More>>

Hong Kong's Central district has become the place where office price records go to be shattered. Less than a week after … Read more>>>

Mark Gabbay LaSalle IM

LaSalle Raises $1.15B for Fifth Asia Opportunity Fund

Mark Gabbay LaSalle IM

2018/04/16 by Greg Isaacson Leave a Comment

US-based real estate investment firm LaSalle Investment Management has secured $1.15 billion of equity for its fifth pan-Asia opportunistic fund, topping the initial target of $750 million as global institutional investors pile into the region’s property assets.

The capital will… Read More>>

US-based real estate investment firm LaSalle Investment Management has secured $1.15 billion of equity for its fifth … Read more>>>

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