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hui wing mau shi mao

Shimao Sells London Office Building for $395M in Struggle to Pay Off Debts

hui wing mau shi mao

2023/05/01 by Michael Cole Leave a Comment

Shimao Group has closed on the sale of an office building in the City of London for GBP 315 million ($395 million), according to a UK news report, as the Shanghai-based developer fights to regain its financial footing after a… Read More>>

Shimao Group has closed on the sale of an office building in the City of London for GBP 315 million ($395 million), … Read more>>>

Zhang Li R&F

R&F-Linked US Properties Sold Off as Mainland Developer Continues Debt Struggles

Zhang Li R&F

2023/04/21 by Michael Cole Leave a Comment

Still under arrest in London while fighting extradition to the US on corruption charges, Guangzhou R&F Properties co-chairman Zhang Li is selling off some of his California properties, including a ranch in Santa Clara and a commercial building in San… Read More>>

Still under arrest in London while fighting extradition to the US on corruption charges, Guangzhou R&F Properties … Read more>>>

99 Queen Street, Melbourne

Mainland Chinese Buyer Scoops Up Melbourne Office Building for $20M

99 Queen Street, Melbourne

2023/04/18 by Christopher Caillavet Leave a Comment

An unidentified mainland Chinese investor has acquired an ageing building in Melbourne’s central business district, marking the first major office deal of 2023 in Australia’s second-largest city.

The 12-storey office block at 99 Queen Street changed hands after a competitive… Read More>>

An unidentified mainland Chinese investor has acquired an ageing building in Melbourne’s central business district, … Read more>>>

Liu Lit Chi Liu Chong Hing

Hong Kong’s Liu Chong Hing Investment Buys London Commercial Building for $55M

Liu Lit Chi Liu Chong Hing

2023/04/11 by Christopher Caillavet Leave a Comment

Liu Chong Hing Investment has acquired a commercial building in London’s West End for £44 million ($54.7 million), as the Hong Kong-based firm takes advantage of a market slowdown to pick up its first real estate asset in the UK.

… Read More>>

Liu Chong Hing Investment has acquired a commercial building in London’s West End for £44 million ($54.7 million), as … Read more>>>

5 Churchill Place

China’s Cheung Kei Scrambling to Sell London Office Assets as Debt Deadline Looms 

5 Churchill Place

2023/03/30 by Beatrice Laforga Leave a Comment

Mainland property investor Cheung Kei Group is struggling to offload a pair of office buildings on London’s Canary Wharf as media reports emerge that the Shenzhen-based firm has already defaulted on a loan backed by one of the two properties,… Read More>>

Mainland property investor Cheung Kei Group is struggling to offload a pair of office buildings on London’s Canary Wharf … Read more>>>

Gamuda founder and managing director Lin Yun Ling

Malaysia’s Gamuda Leading $316M Buy of Deutsche Bank London HQ From China’s CIC

Gamuda founder and managing director Lin Yun Ling

2023/03/28 by Beatrice Laforga Leave a Comment

A Malaysian conglomerate is betting it can make a quick ringgit in a depressed London office market with Gamuda Berhad announcing on Monday that it has teamed up with UK investment manager Castleforge Partners to acquire Deutsche Bank’s UK headquarters… Read More>>

A Malaysian conglomerate is betting it can make a quick ringgit in a depressed London office market with Gamuda Berhad … Read more>>>

Peter Young QIP

Singapore’s QIP, Soilbuild Launch $246M UK Student Housing JV

Peter Young QIP

2023/03/25 by Christopher Caillavet Leave a Comment

Q Investment Partners has formed a joint venture with Soilbuild Group on a £200 million ($245.5 million) UK student housing platform, as the Singapore-headquartered companies look to profit from one of the more resilient asset classes favoured by Asia-based investors.

… Read More>>

Q Investment Partners has formed a joint venture with Soilbuild Group on a £200 million ($245.5 million) UK student … Read more>>>

Sofitel Brisbane Central - Facade

Singapore’s CDL Buys Brisbane Hotel From Brookfield for $119M

Sofitel Brisbane Central - Facade

2023/03/22 by Beatrice Laforga Leave a Comment

City Developments Ltd has agreed to buy a five-star hotel in central Brisbane from Canada’s Brookfield Asset Management for A$177.7 million ($119 million), as Australia continues to attract Singaporean investors.

CDL, through a joint venture equally owned by its Millennium… Read More>>

City Developments Ltd has agreed to buy a five-star hotel in central Brisbane from Canada’s Brookfield Asset Management … Read more>>>

St Katharine Docks London

CDL Completes $468M Buy of London Mixed-Use Complex From Blackstone

St Katharine Docks London

2023/03/09 by Christopher Caillavet Leave a Comment

Singapore’s City Developments Ltd has completed its purchase of the St Katharine Docks complex in central London from funds advised by Blackstone for £395 million ($468.2 million).

The property spans more than 500,000 square feet (46,450 square metres) of office,… Read More>>

Singapore’s City Developments Ltd has completed its purchase of the St Katharine Docks complex in central London from … Read more>>>

China’s Ping An Real Estate Said Marketing Half Stake in Sydney’s Salesforce Tower

2023/02/10 by Beatrice Laforga Leave a Comment

Chinese property investment firm Ping An Real Estate has put up for sale its half stake in Sydney’s A$2.4 billion ($1.67 billion) Salesforce Tower, according to reports published this week.

With the tower at 180 George Street in Circular Quay… Read More>>

Chinese property investment firm Ping An Real Estate has put up for sale its half stake in Sydney’s A$2.4 billion ($1.67 … Read more>>>

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