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Victor Song Elite Partners

Singapore’s Elite Partners Capital Buys Welsh Distribution Centre for $36M

Victor Song Elite Partners

2022/07/07 by Christopher Caillavet Leave a Comment

Elite Partners Capital has acquired a distribution facility in northern Wales for more than £30 million ($36 million), as the Singapore-based fund manager continues to amass a portfolio of industrial and commercial assets across Europe.

The two-warehouse distribution centre is… Read More>>

Elite Partners Capital has acquired a distribution facility in northern Wales for more than £30 million ($36 million), … Read more>>>

Lee Jin Yong ARA

ARA US Hospitality Trust Selling Four Hotels to Three Wall Capital for $32.5M

Lee Jin Yong ARA

2022/07/01 by Christopher Caillavet Leave a Comment

ARA US Hospitality Trust is selling a portfolio of four underperforming hotels in mid-tier American cities for $32.5 million, as the Singapore-listed REIT seeks to rebalance its portfolio in favour of higher-yielding core assets.

The 507-room portfolio comprises four Hyatt… Read More>>

ARA US Hospitality Trust is selling a portfolio of four underperforming hotels in mid-tier American cities for $32.5 … Read more>>>

Kevin Kang H3

CDL, HThree Buying Downtown Melbourne Office Tower From AMP for $162M 

Kevin Kang H3

2022/06/30 by Christopher Caillavet Leave a Comment

City Developments Ltd has teamed up with fellow Singaporean investor HThree City to acquire an 18-storey building in downtown Melbourne for A$236 million ($162.2 million), marking an expansion by property giant CDL into the Australian office sector.

The Grade A… Read More>>

City Developments Ltd has teamed up with fellow Singaporean investor HThree City to acquire an 18-storey building in … Read more>>>

desmond tang Straits Real Estate

Straits Trading to Buy UK Business Park Assets From Brookfield for $157M

desmond tang Straits Real Estate

2022/06/30 by Christopher Caillavet Leave a Comment

Singapore’s Straits Trading is adding to its UK real estate holdings with the acquisition of properties at a business park in the southwestern English city of Gloucester for £130 million ($157.7 million).

The real estate arm of the SGX-listed conglomerate… Read More>>

Singapore’s Straits Trading is adding to its UK real estate holdings with the acquisition of properties at a business … Read more>>>

Guo Ziwen Aoyuan

China Aoyuan to Sell 49% of Australia Unit at $170M Loss

Guo Ziwen Aoyuan

2022/06/25 by Christopher Caillavet Leave a Comment

Defaulting developer China Aoyuan has agreed to offload a large chunk of its Australia division to an entity controlled by one of the subsidiary’s executives, as the Guangzhou-based group joins the flow of Chinese companies exiting investments Down Under.

Aoyuan… Read More>>

Defaulting developer China Aoyuan has agreed to offload a large chunk of its Australia division to an entity controlled … Read more>>>

kingboard paul cheung

Hong Kong’s Kingboard to Buy London Commercial Building From Brookfield for $360M

kingboard paul cheung

2022/06/23 by Christopher Caillavet Leave a Comment

Kingboard Holdings has struck a deal to buy a central London commercial building for £293.6 million ($360 million), snapping a four-and-a-half-year pause in UK acquisitions for the Hong Kong-based laminates maker and property investor.

The 16-storey building, called 2 London… Read More>>

Kingboard Holdings has struck a deal to buy a central London commercial building for £293.6 million ($360 million), … Read more>>>

Alan Tang Far East Orchard

Far East Orchard Forms $32M JV to Develop 690-Bed Bristol Student Housing Project

Alan Tang Far East Orchard

2022/06/15 by Christopher Caillavet Leave a Comment

Far East Orchard has hooked up with two fellow Singapore-based investors on a £26.6 million ($32 million) joint venture to build a student accommodation project in Bristol, marking the developer’s fourth property in the southwestern English city.

FEO, controlled by… Read More>>

Far East Orchard has hooked up with two fellow Singapore-based investors on a £26.6 million ($32 million) joint venture … Read more>>>

Simon Treacy, CEO of private equity real estate at CapitaLand Investment

CapitaLand Investment Buys Melbourne Office Tower From CBRE IM for Reported $233M

Simon Treacy, CEO of private equity real estate at CapitaLand Investment

2022/06/07 by Christopher Caillavet Leave a Comment

CapitaLand Investment has acquired a 22-storey office tower in Melbourne’s central business district for the company’s flagship regional core-plus fund.

The purchase of 120 Spencer Street marks the fifth acquisition in Australia in six months for the SGX-listed asset management… Read More>>

CapitaLand Investment has acquired a 22-storey office tower in Melbourne’s central business district for the company’s … Read more>>>

Lee Kok Sun GIC

GIC-Greystar JV Buying UK Student Housing Provider From Brookfield Fund

Lee Kok Sun GIC

2022/05/31 by Christopher Caillavet Leave a Comment

Singapore’s GIC has formed a joint venture with US rental housing operator Greystar to acquire Britain’s third-largest student accommodation provider, Student Roost, as the sovereign wealth fund holds fast to a favoured investment theme stretching back at least six years.

… Read More>>

Singapore’s GIC has formed a joint venture with US rental housing operator Greystar to acquire Britain’s third-largest … Read more>>>

245 Park Avenue manhattan new york

HNA Ordered to Pay $185M to Partner in Bankrupt Park Avenue Skyscraper

245 Park Avenue manhattan new york

2022/05/25 by Christopher Caillavet Leave a Comment

A US arbitrator has ordered HNA Group to pay more than $185 million to SL Green, an investor in the Chinese conglomerate’s bankrupt Manhattan skyscraper, after the joint venture partners fell out over their failure to replace a departed anchor… Read More>>

A US arbitrator has ordered HNA Group to pay more than $185 million to SL Green, an investor in the Chinese … Read more>>>

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