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Douglas Woo Wheelock

Wharf Sells Kowloon East Office Project to Mainland Group for $1.2B

Douglas Woo Wheelock

2017/10/12 by Greg Isaacson 1 Comment

Hong Kong’s Kwun Tong district has chalked up another landmark transaction, with Wheelock subsidiary Wharf Group selling a waterfront office tower project to mainland developer LVGEM for HK$9 billion ($1.2 billion), in one of the biggest real estate deals in… Read More>>

Hong Kong's Kwun Tong district has chalked up another landmark transaction, with Wheelock subsidiary Wharf Group selling … Read more>>>

Vincent Lo Shui On

Shui On Sells 49% Stake in Shanghai KIC Project for $443M

Vincent Lo Shui On

2017/10/11 by Greg Isaacson Leave a Comment

Shui On has agreed to sell a 49 percent stake in its mixed-use Knowledge and Innovation Community (KIC) project in Shanghai for RMB 2.95 billion ($443.1 million), as chairman Vincent Lo continues to bail out the developer’s balance sheet.

Through… Read More>>

Shui On has agreed to sell a 49 percent stake in its mixed-use Knowledge and Innovation Community (KIC) project in … Read more>>>

Zhu Mengyi Hopson Development

Hopson JV Sells Beijing Office Tower for $553M, Books 9% Loss

Zhu Mengyi Hopson Development

2017/10/11 by Greg Isaacson Leave a Comment

A joint venture invested by Hopson Development and mainland asset manager, BMI Funds Ltd, has agreed to sell a Beijing office tower for RMB 3.67 billion ($552.6 million), according to an announcement by the Hong Kong-listed mainland developer.

Hopson, which holds… Read More>>

A joint venture invested by Hopson Development and mainland asset manager, BMI Funds Ltd, has agreed to sell a Beijing … Read more>>>

Singapore’s CDL Offers to Buy Out Millennium & Copthorne Hotels in $822M Deal

2017/10/10 by Greg Isaacson Leave a Comment

Singaporean property heavyweight City Developments Limited (CDL) has offered to buy out the outside investors in its Millennium & Copthorne Hotels, in a deal that values the London-listed global hotelier at £1.8 billion ($2.4 billion).

CDL, which already holds a… Read More>>

Singaporean property heavyweight City Developments Limited (CDL) has offered to buy out the outside investors in its … Read more>>>

Christina Tan Keppel Capital

Keppel Wins Approval to List $500M US Office REIT in Singapore

Christina Tan Keppel Capital

2017/10/08 by Michael Cole Leave a Comment

Keppel Corporation announced on Friday that it has received approval from the Singapore stock exchange for a proposed listing of a new real estate investment trust (REIT), composed of $820 million in US office assets.

The Singaporean conglomerate, which already… Read More>>

Keppel Corporation announced on Friday that it has received approval from the Singapore stock exchange for a proposed … Read more>>>

Henderson-Managed Sunlight REIT Buys Mong Kok Tower for $84M

2017/09/28 by Greg Isaacson Leave a Comment

Hong Kong’s Sunlight REIT, which is managed by a unit of Henderson Land Development, has announced that it is buying a commercial building on Nathan Road in Mong Kok for HK$658 million ($84.3 million). Through the sale-and-leaseback deal, the REIT… Read More>>

Hong Kong's Sunlight REIT, which is managed by a unit of Henderson Land Development, has announced that it is buying a … Read more>>>

Humbert Pang Gaw

Gaw Capital Leads RMB 400M Investment in China Co-Living Operator

Humbert Pang Gaw

2017/09/27 by Greg Isaacson Leave a Comment

Hong Kong’s Gaw Capital Partners is the latest investor to bet on China’s appetite for affordable housing, as the government pushes rental apartments to mitigate the country’s residential woes.

The private equity shop announced that a fund it manages has… Read More>>

Hong Kong's Gaw Capital Partners is the latest investor to bet on China's appetite for affordable housing, as the … Read more>>>

Li Ka-shing

Top Floor of Li Ka-shing’s Tallest HK Building to Sell for $95M

Li Ka-shing

2017/09/23 by Greg Isaacson Leave a Comment

The top floor of The Center office tower, the tallest building in the portfolio of Li Ka-shing’s Cheung Kong group, is poised to change hands for HK$738 million ($94.5 million), smashing the price per square foot record for a strata-titled… Read More>>

The top floor of The Center office tower, the tallest building in the portfolio of Li Ka-shing’s Cheung Kong group, is … Read more>>>

Lynette Leong CCT

BlackRock Sets 2017 Record With $1.5B Sale of SG’s Asia Square 2 to CCT

Lynette Leong CCT

2017/09/21 by Greg Isaacson Leave a Comment

CapitaLand Commercial Trust (CCT) is acquiring Asia Square Tower 2 from a BlackRock-managed real estate fund for approximately S$2.1 billion ($1.5 billion), marking the largest office transaction in Asia Pacific this year and the second-largest globally.

The deal for the… Read More>>

CapitaLand Commercial Trust (CCT) is acquiring Asia Square Tower 2 from a BlackRock-managed real estate fund for … Read more>>>

Korea Investment Corp Opens Singapore Office

2017/09/20 by Greg Isaacson Leave a Comment

Korea Investment Corporation (KIC) has opened an office in Singapore, as the $122 billion sovereign wealth fund continues to expand its alternative investments beyond its east Asian home base.

KIC will manage assets locally through the Singapore office, while building… Read More>>

Korea Investment Corporation (KIC) has opened an office in Singapore, as the $122 billion sovereign wealth fund … Read more>>>

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