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the-center- hong-kong

Hong Kong Tycoon’s Heirs Marketing Offices in The Center at 43% Off

the-center- hong-kong

2025/05/01 by Iris Hong Leave a Comment

Heirs to the fortune of Hong Kong’s late “Minibus King” have dropped their price for two units in The Center, marking a record low for what was once Hong Kong’s most expensive office building.

Two units on the 27th floor… Read More>>

Heirs to the fortune of Hong Kong’s late “Minibus King” have dropped their price for two units in The Center, marking a … Read more>>>

382 Lockhart Road Wanchai

‘Bargain Hunter’ to Swallow Loss on Renovated Wan Chai Tower

382 Lockhart Road Wanchai

2025/05/01 by Iris Hong Leave a Comment

Another Hong Kong property developer is ready to swallow a loss amid the ongoing slump in asset prices in the city, seeking to sell his 19-floor holding in a Wan Chai office building for around 10 percent less than he… Read More>>

Another Hong Kong property developer is ready to swallow a loss amid the ongoing slump in asset prices in the city, … Read more>>>

Amara Holdings chairman and CEO Albert Teo

Amara Chairman Leads $392M Privatisation Bid for Singapore Hotel Group

Amara Holdings chairman and CEO Albert Teo

2025/04/28 by Christopher Caillavet Leave a Comment

Singapore’s Amara Holdings has received a buyout offer from parties led by the Teo family that controls the company, setting the stage for a deal that would value the SGX-listed hotel owner and operator at S$514.6 million ($391.9 million).

DRC… Read More>>

Singapore’s Amara Holdings has received a buyout offer from parties led by the Teo family that controls the company, … Read more>>>

Christina Gaw

Gaw Capital Launches Latest Opportunistic Fund with $2B Target

Christina Gaw

2025/04/27 by Michael Cole Leave a Comment

Less than two years after closing on $3 billion in commitments for its Gateway Real Estate Fund VII opportunistic vehicle, Hong Kong’s Gaw Capital Partners has begun raising cash for its latest edition of the strategy.

The real estate private… Read More>>

Less than two years after closing on $3 billion in commitments for its Gateway Real Estate Fund VII opportunistic … Read more>>>

Ashish Jakhanwala, CEO and managing director of Samhi Hotels Ltd

Singapore’s GIC Buying 35% Stake in Hotel JV With India’s Samhi for $88M

Ashish Jakhanwala, CEO and managing director of Samhi Hotels Ltd

2025/04/25 by Christopher Caillavet Leave a Comment

Singapore sovereign giant GIC has agreed to pay INR 7.52 billion ($88.2 million) for a 35 percent stake in a new investment platform for upscale hotel assets in India.

The partnership with Samhi Hotels Ltd is acquiring a seed portfolio… Read More>>

Singapore sovereign giant GIC has agreed to pay INR 7.52 billion ($88.2 million) for a 35 percent stake in a new … Read more>>>

Hongkong Land CEO Michael Smith

HKEX Buying 9 Floors at Hongkong Land’s Exchange Square for $810M in Year’s Top Deal

Hongkong Land CEO Michael Smith

2025/04/24 by Christopher Caillavet Leave a Comment

Hongkong Land has chalked up the biggest office deal of the year in its hometown, with stock exchange operator HKEX committing to buy nine floors at the developer’s Exchange Square complex in prime Central district for HK$6.3 billion ($810 million).

… Read More>>

Hongkong Land has chalked up the biggest office deal of the year in its hometown, with stock exchange operator HKEX … Read more>>>

Platinum Shanghai

CalPERS-Backed Fund Marketing Office Tower Near Shanghai’s Xintiandi for $316M

Platinum Shanghai

2025/04/24 by Michael Cole Leave a Comment

One of Shanghai’s most traded office buildings is on the market for 20 percent below its 2015 acquisition price as landlords in China’s commercial capital continue to face challenges from ebbing business confidence and falling rents.

A fund managed by… Read More>>

One of Shanghai’s most traded office buildings is on the market for 20 percent below its 2015 acquisition price as … Read more>>>

Lone Star Buys Yokohama Apartment Block From Mapletree for Hotel Project

2025/04/23 by Christopher Caillavet Leave a Comment

Lone Star Funds on Tuesday announced its acquisition of a 175-room lodging asset in central Yokohama from Singapore’s Mapletree Investments for an undisclosed price, as the US private equity firm hunts for value-add opportunities in Japan’s real estate market.

Oakwood… Read More>>

Lone Star Funds on Tuesday announced its acquisition of a 175-room lodging asset in central Yokohama from Singapore’s … Read more>>>

Cuscaden Peak CEO Gerald Yong

Cuscaden Peak Wins Approval for $2.1B Privatisation of Singapore’s Paragon REIT

Cuscaden Peak CEO Gerald Yong

2025/04/22 by Christopher Caillavet Leave a Comment

Paragon REIT unitholders overwhelmingly approved Cuscaden Peak’s privatisation of the SGX-listed retail trust at a Tuesday meeting, paving the way for a potential disposition of the portfolio’s three remaining properties.

The privatisation scheme passed with the support of unitholders representing… Read More>>

Paragon REIT unitholders overwhelmingly approved Cuscaden Peak’s privatisation of the SGX-listed retail trust at a … Read more>>>

Wang Jianlin, Chairperson of the Wanda Group

Wanda Selling Hotel Business to Tencent-backed Travel Firm for $347M

Wang Jianlin, Chairperson of the Wanda Group

2025/04/21 by Iris Hong Leave a Comment

Debt-ridden Dalian Wanda Group has agreed to sell its hotel management arm to a Tencent and Trip.com-backed travel company for RMB 2.5 billion ($347 million), as the property conglomerate continues to shed assets.

Wanda Hotel Development Limited, which is 65… Read More>>

Debt-ridden Dalian Wanda Group has agreed to sell its hotel management arm to a Tencent and Trip.com-backed travel … Read more>>>

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