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Robert Wong Hongkong Land

HK Land Buys $682M Stake in Central SG Office Project

Robert Wong Hongkong Land

2017/06/14 by Greg Isaacson Leave a Comment

Hongkong Land is boosting its presence in Singapore by teaming up with a leading Malaysian developer to build and manage a pair of office towers within the Marina Bay Financial District, the companies announced Monday.

The Hong Kong-based property firm… Read More>>

Hongkong Land is boosting its presence in Singapore by teaming up with a leading Malaysian developer to build and manage … Read more>>>

Wang Shi Vanke

Evergrande Loses $1B on Vanke Stake After Govt Thwarts Hostile Takeover

Wang Shi Vanke

2017/06/11 by Michael Cole Leave a Comment

A rare attempt at a hostile takeover targetting China Vanke has ended with China Evergrande Group selling off a hard-bought 14 percent stake in the developer to a Shenzhen government company at a RMB 7.07 billion ($1.04 billion) loss, according… Read More>>

A rare attempt at a hostile takeover targetting China Vanke has ended with China Evergrande Group selling off a … Read more>>>

Excelsior Hotel Hong Kong

Mandarin Oriental Could Make $3.4B From Excelsior Hotel Sale

Excelsior Hotel Hong Kong

2017/06/07 by Michael Cole Leave a Comment

Hong Kong’s Mandarin Oriental Hotel group began testing buyer interest in the Excelsior Hotel in the city’s Causeway Bay district for a sale that could bring the Jardines-owned luxury hotel brand as much as HK$27 billion ($3.4 billion).

The London… Read More>>

Hong Kong’s Mandarin Oriental Hotel group began testing buyer interest in the Excelsior Hotel in the city’s Causeway Bay … Read more>>>

Tom Delatour Century Bridge

Century Bridge Sells Stake in Jingrui JV for Second Mainland Exit

Tom Delatour Century Bridge

2017/06/07 by Greg Isaacson Leave a Comment

Century Bridge Capital has exited from its second joint venture with partner Jingrui Holdings, selling a stake in a $122 million residential project in mainland China it purchased just over a year ago, according to an announcement this week by… Read More>>

Century Bridge Capital has exited from its second joint venture with partner Jingrui Holdings, selling a stake in a $122 … Read more>>>

MIng Lu KKR

Private Equity Pioneer KKR Raises $9.3B for Third Asian Fund

MIng Lu KKR

2017/06/03 by Greg Isaacson Leave a Comment

Leveraged-buyout pioneer KKR has closed on its third pan-Asian fund, after raising US$9.3 billion for private equity investments across the region, the New York-based global investment firm announced Friday. The new vehicle, Asian Fund III, is the largest ever private… Read More>>

Leveraged-buyout pioneer KKR has closed on its third pan-Asian fund, after raising US$9.3 billion for private equity … Read more>>>

Lucas Loh CapitaLand

CapitaLand Announces RMB 4.2B in Shanghai Office Deals in One Day

Lucas Loh CapitaLand

2017/06/01 by Greg Isaacson Leave a Comment

CapitaLand is betting on the continued growth of the Shanghai office market, picking up a newly completed office project in the city’s Wujiaochang area for RMB 2.64 billion ($388.6 million), according to an announcement today by the Singapore-listed property giant…. Read More>>

CapitaLand is betting on the continued growth of the Shanghai office market, picking up a newly completed office project … Read more>>>

Samuel WT Chu and Benjamin KY Lee

Phoenix’ Sale of Kowloon’s Kwun Tong View Confirmed at $225M

Samuel WT Chu and Benjamin KY Lee

2017/05/07 by Michael Cole Leave a Comment

Hong Kong-base real estate investment house Phoenix Property Investors has sold Kwun Tong View for $225 million (HK$1.99 billion) to a local private investor, according to a recent announcement by Colliers International, which represented Phoenix in the asset disposal.

The… Read More>>

Hong Kong-base real estate investment house Phoenix Property Investors has sold Kwun Tong View for $225 million (HK$1.99 … Read more>>>

Richard Li FWD Group

Richard Li’s FWD Group Buying 50% Stake in SG Office Building for $424M

Richard Li FWD Group

2017/05/02 by Michael Cole Leave a Comment

A unit of FWD Group, the insurance arm of Richard Li’s Pacific Century Group, has agreed to purchase a 50 percent stake in a Singapore office building from CapitaLand Commercial Trust for S$591.6 million ($424 million), according to an announcement… Read More>>

A unit of FWD Group, the insurance arm of Richard Li’s Pacific Century Group, has agreed to purchase a 50 percent stake … Read more>>>

wu xiaohui

Anbang Threatens Lawsuits, Denies Reports of Wu’s Detainment

wu xiaohui

2017/05/01 by Michael Cole Leave a Comment

Anbang Insurance this weekend lashed out at media accounts of legal and financial crises at the high profile Chinese investor, threatening lawsuits while denying accounts of cashflow struggles and chairman Wu Xiaohui’s detention by authorities.

Anbang, which leapt onto the… Read More>>

Anbang Insurance this weekend lashed out at media accounts of legal and financial crises at the high profile Chinese … Read more>>>

John Saunders

BlackRock Buys Shanghai Office Tower for $199M

John Saunders

2017/04/27 by Michael Cole Leave a Comment

The world’s largest asset manager has just bought a piece of Shanghai’s office market as demand for real estate assets in China’s commercial capital continues to grow.

BlackRock has paid RMB 1.37 billion ($199 million) to Hong Kong Shanghai Alliance… Read More>>

The world’s largest asset manager has just bought a piece of Shanghai’s office market as demand for real estate assets … Read more>>>

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