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John Saunders

CapitaLand and BlackRock Said in Exclusive Talks for Singapore’s Asia Square 2

John Saunders

2017/03/20 by Tyler Roney Leave a Comment

Singapore’s CapitaLand is in exclusive talks to acquire the 1,220,000 square foot (113,350 square metre) Asia Square Tower 2 in Singapore’s Marina Bay from BlackRock Real Estate Fund III, according to sources familiar with the transaction.

The 46-storey Asia Square Tower… Read More>>

Singapore’s CapitaLand is in exclusive talks to acquire the 1,220,000 square foot (113,350 square metre) Asia Square … Read more>>>

airbnb

Airbnb Books $100M Investment From CIC for China Expansion

airbnb

2017/03/14 by Tyler Roney Leave a Comment

China Investment Corp has clicked Like on a US sharing economy powerhouse with a $100 million investment in Airbnb. The capital commitment by China’s sovereign wealth fund comes as the US room-sharing unicorn is reportedly in talks to buy out… Read More>>

China Investment Corp has clicked Like on a US sharing economy powerhouse with a $100 million investment in Airbnb. The … Read more>>>

Benett Theseira

PGIM Real Estate Completes $159 Mil Purchase of Seoul Office Tower

Benett Theseira

2017/03/09 by Michael Cole Leave a Comment

PGIM Real Estate this week reported that it has completed the acquisition of the T Tower prime office building in Seoul’s central business district.

The real estate investment business of Prudential Financial investment management unit PGIM first announced in November… Read More>>

PGIM Real Estate this week reported that it has completed the acquisition of the T Tower prime office building in … Read more>>>

Goodwin Gaw

Gaw Closing in on $1.8 Bil in Fresh Capital for Asia Real Estate Opportunities

Goodwin Gaw

2017/03/08 by Michael Cole Leave a Comment

Gaw Capital Partners is expecting a record haul of $1.8 billion in fresh capital for its Hong Kong-based real estate investment management business, according to a report today in industry journal Private Equity Real Estate.

The new funding includes a… Read More>>

Gaw Capital Partners is expecting a record haul of $1.8 billion in fresh capital for its Hong Kong-based real estate … Read more>>>

David Chiu FEC

Far East Consortium Selling Kowloon Hotel to Nanjing Developer for HK$450M

David Chiu FEC

2017/03/06 by Michael Cole Leave a Comment

A hotel subsidiary of Hong Kong’s Far East Consortium has agreed to sell a hotel in Hong Kong’s Mongkok area to a Nanjing-based developer for HK$450 million ($58 million) in the latest acquisition by Chinese real estate developers in the… Read More>>

A hotel subsidiary of Hong Kong’s Far East Consortium has agreed to sell a hotel in Hong Kong’s Mongkok area to a … Read more>>>

Ji Qi

China Lodgings Holdings Buys Carlyle-Backed Crystal Orange Hotels for RMB3.65B

Ji Qi

2017/03/01 by Michael Cole Leave a Comment

US private equity giant Carlyle Group achieved a successful exit from its investment in Crystal Orange Hotel Holdings when China Lodgings Holdings agreed to buy out its budget hotel rival for RMB 3.65 billion ($532 million), according to a statement… Read More>>

US private equity giant Carlyle Group achieved a successful exit from its investment in Crystal Orange Hotel Holdings … Read more>>>

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>>>

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