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Samuel WT Chu and Benjamin KY Lee

Phoenix Property Investors Said Buying Queen’s Road Office Space For HK$442M

Samuel WT Chu and Benjamin KY Lee

2018/02/10 by Shawna Kwan Leave a Comment

Hong Kong-based Phoenix Property Investors is reported to have invested HK$442 million ($56.5 million) to purchase commercial space in the lower floors of the V Heun Building in Central, according to an account in local newspaper Mingpao.

The latest reported… Read More>>

Hong Kong-based Phoenix Property Investors is reported to have invested HK$442 million ($56.5 million) to purchase … Read more>>>

Country Garden Led Mainland Developers in Jan with Biggest Sales Month Ever

2018/02/08 by Shawna Kwan Leave a Comment

Country Garden’s status as China’s biggest developer by sales remains intact, after announcing a record RMB 69.16 billion ($11 billion) in new contracts in January, beating out mainland rivals China Evergrande and China Vanke.

The sales volume represents a 42… Read More>>

Country Garden’s status as China’s biggest developer by sales remains intact, after announcing a record RMB 69.16 … Read more>>>

Ivan Ho Kailong

Kailong Promotes Ivan Ho to HK CEO, Launches USD Fund with $500M Target

Ivan Ho Kailong

2018/02/08 by Greg Isaacson Leave a Comment

Hong Kong-based real estate investment manager Kailong is raising a new, US dollar-denominated fund focussing on properties in Greater China, with a target size of $500 million.

Ivan Ho, who has just been promoted to the newly create role of… Read More>>

Hong Kong-based real estate investment manager Kailong is raising a new, US dollar-denominated fund focussing on … Read more>>>

Mo Bin Country Garden

Country Garden Gets Nod To Issue $1.6B in Rental Housing Securities

Mo Bin Country Garden

2018/02/07 by Greg Isaacson Leave a Comment

China has struck another blow in the battle for affordable housing, with the Shenzhen stock exchange giving the green light for developer Country Garden to launch RMB 10 billion ($1.6 billion) worth of asset-backed securities linked to rental apartments.

The… Read More>>

China has struck another blow in the battle for affordable housing, with the Shenzhen stock exchange giving the green … Read more>>>

Alibaba and State-Backed Partner Take $1.2B Stake in Wanda Theatre Business

2018/02/06 by Greg Isaacson Leave a Comment

Dalian Wanda Group is selling a nearly 13 percent stake in its 500 domestic movie theatres to Alibaba Group and a state-backed firm for RMB 7.8 billion ($1.24 billion), as Wang Jianlin offloads another piece of his property-to-entertainment conglomerate.

Under… Read More>>

Dalian Wanda Group is selling a nearly 13 percent stake in its 500 domestic movie theatres to Alibaba Group and a … Read more>>>

Zhu Jiusheng Vanke

China Vanke Opens 2018 with RMB 68B in Sales to Notch Biggest Month Ever

Zhu Jiusheng Vanke

2018/02/05 by Shawna Kwan Leave a Comment

From the GLP buyout to the acquisition of CapitaLand’s malls, China Vanke has been stealing the spotlight in the past few months. The Shenzhen-based developer has now grabbed headlines again by announcing RMB 67.98 billion ($10.8 billion) of sales for… Read More>>

From the GLP buyout to the acquisition of CapitaLand’s malls, China Vanke has been stealing the spotlight in the past … Read more>>>

Daniel Wong Midland

HK Commercial Deals Jump 170% in January as Demand for Assets Surges

Daniel Wong Midland

2018/02/05 by Shawna Kwan Leave a Comment

Hong Kong saw HK$16.3 billion ($2.1 billion) worth of commercial property transactions in January, surging 170 percent year-on-year and representing the second-highest monthly total in nearly five years, according to commercial property agency Midland IC&I.

The figure falls short of… Read More>>

Hong Kong saw HK$16.3 billion ($2.1 billion) worth of commercial property transactions in January, surging 170 percent … Read more>>>

Edward Cheng Wing Tai

Wing Tai Sells Wan Chai Commercial Building to Winland for HK$2.85B

Edward Cheng Wing Tai

2018/02/01 by Shawna Kwan Leave a Comment

Hong Kong-based Wing Tai Properties has sold off a commercial building in the city’s Wan Chai area for HK$2.85 billion ($364 million) to local property investment firm Winland Group, according to an announcement by Wing Tai today to the Hong… Read More>>

Hong Kong-based Wing Tai Properties has sold off a commercial building in the city’s Wan Chai area for HK$2.85 billion … Read more>>>

Chang Sun TPG

TPG-China Lodging JV Buys Pair of Beijing Hotels From Ascendas Hospitality Trust for $186M

Chang Sun TPG

2018/01/31 by Shawna Kwan Leave a Comment

US private equity firm TPG has formed a joint venture with China Lodging Group, a NASDAQ-listed Chinese hotel group also known as Huazhu Hotels, to purchase a pair of hotels in Beijing for a total of RMB 1.18 billion ($186… Read More>>

US private equity firm TPG has formed a joint venture with China Lodging Group, a NASDAQ-listed Chinese hotel group also … Read more>>>

Hei Ming Cheng KaiLong

KaiLong Sells Shanghai Office Building to Hony Capital

Hei Ming Cheng KaiLong

2018/01/31 by Greg Isaacson Leave a Comment

Warburg Pincus-backed investment manager KaiLong Group has sold an eight-storey office building in Shanghai’s Zhangjiang Hi-Tech Park, achieving a successful exit after picking up the property over three years ago, the company announced.

Although the buyer and financial terms were… Read More>>

Warburg Pincus-backed investment manager KaiLong Group has sold an eight-storey office building in Shanghai's Zhangjiang … Read more>>>

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