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Chen Hongtian of Cheung Kei

China’s Cheung Kei Talks Up Investment Plan for Seized London Office Building

Chen Hongtian of Cheung Kei

2023/06/01 by Beatrice Laforga Leave a Comment

Cheung Kei Group said this week that it is negotiating with investors for the sale of a partial stake in 5 Churchill Place in London, in a statement released just days after it was revealed that the Canary Wharf office… Read More>>

Cheung Kei Group said this week that it is negotiating with investors for the sale of a partial stake in 5 Churchill … Read more>>>

Singapore’s CDL Set to Kick Off Pair of Aussie BTR Projects

2023/05/30 by Beatrice Laforga Leave a Comment

Singapore property heavyweight City Developments Ltd (CDL) has officially entered Australia’s  build-to-rent (BTR) residential sector with a pair of development projects set to break ground in the second half of this year.

CDL Australia will begin construction on a rental… Read More>>

Singapore property heavyweight City Developments Ltd (CDL) has officially entered Australia’s  build-to-rent (BTR) … Read more>>>

victor li ck asset

CK Asset Offers to Buy UK’s Civitas Social Housing for $612M in Cash

victor li ck asset

2023/05/10 by Christopher Caillavet Leave a Comment

Li Ka-shing’s CK Asset Holdings has made an all-cash offer to acquire British care home provider Civitas Social Housing for £485 million ($612 million) as the Hong Kong developer expands its UK holdings.

The group controlled by Hong Kong’s richest… Read More>>

Li Ka-shing’s CK Asset Holdings has made an all-cash offer to acquire British care home provider Civitas Social Housing … Read more>>>

Mainland Buyer Picks Up Melbourne Mall as Chinese Investors Return to Oz

2023/05/05 by Beatrice Laforga Leave a Comment

An investor from mainland China has acquired a boutique shopping centre in Melbourne from local property fund manager MPG Funds Management, as Chinese investors are helping to drive a rebound in Australian property deals.

MPG, through its MPG Retail Brands… Read More>>

An investor from mainland China has acquired a boutique shopping centre in Melbourne from local property fund manager … Read more>>>

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>>>

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