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Thomas Lau

Hong Kong Dept Store Owner Closes In on $307M Buy of BP’s London HQ

Thomas Lau

2020/11/05 by Elizabeth Kerr Leave a Comment

Hong Kong-listed Lifestyle International Holdings is close to signing a deal to purchase BP’s London headquarters at posh 1 St James’s Square for a reported £235 million ($307 million), as investors from the Asian financial hub continue to favour London… Read More>>

Hong Kong-listed Lifestyle International Holdings is close to signing a deal to purchase BP’s London headquarters at … Read more>>>

Moontower Ocean West Texus

Korean-backed Ocean West Adds Texas Student Housing to US Portfolio

Moontower Ocean West Texus

2020/11/05 by Christopher Caillavet Leave a Comment

Ocean West Capital Partners has returned to campus with the acquisition of an 18-storey student housing tower at a flagship Texas university.

The California-based fund manager led an investment group comprising South Korean firms KIS and Tiger Alternative Investors, as… Read More>>

Ocean West Capital Partners has returned to campus with the acquisition of an 18-storey student housing tower at a … Read more>>>

wang jianlin

Wanda’s AMC Entertainment Says Cash Could Run Dry This Year

wang jianlin

2020/10/14 by Elizabeth Kerr 1 Comment

Beijing-based Dalian Wanda Group is discovering yet again that Hollywood is a tough town, as its last remaining overseas trophy warned US financial regulators that it could run out of cash this year.

With attendance down 85 percent this year… Read More>>

Beijing-based Dalian Wanda Group is discovering yet again that Hollywood is a tough town, as its last remaining overseas … Read more>>>

Chong Kee Hiong Suntec

ARA’s Suntec REIT Buys Half-Stake in UK Offices From CPPIB for $560M

Chong Kee Hiong Suntec

2020/10/13 by Michael Cole Leave a Comment

Suntec REIT last week became the latest Singaporean investor to buy into a UK commercial property this year, with the ARA Asset Management-driven trust picking up a half-stake in a two building complex for £430.6 million ($560 million), according to… Read More>>

Suntec REIT last week became the latest Singaporean investor to buy into a UK commercial property this year, with the … Read more>>>

jose huizar

Shenzhen Developer Agrees to Pay $1M Fine in California Bribery Scandal

jose huizar

2020/10/11 by Elizabeth Kerr Leave a Comment

China’s surge of overseas real estate acquisitions of the past decade continues to reap negative returns for the country’s developers with the merely unprofitable now giving way to a million dollar fine in one Los Angeles case.

A unit of… Read More>>

China’s surge of overseas real estate acquisitions of the past decade continues to reap negative returns for the … Read more>>>

william tay ascendas

Ascendas REIT Buys Sydney Office Project From Frasers JV for A$167.2M

william tay ascendas

2020/09/19 by Michael Cole Leave a Comment

Singapore’s Ascendas REIT is picking up an office project in suburban Sydney, marking the second acquisition by an SGX-listed trust in the Macquarie Park area in less than a week.

The REIT managed by Singapore’s CapitaLand has agreed to purchase… Read More>>

Singapore’s Ascendas REIT is picking up an office project in suburban Sydney, marking the second acquisition by an … Read more>>>

Paul Tham Keppel REIT

Keppel REIT Buys Sydney Office Park Asset From Goodman for A$306M

Paul Tham Keppel REIT

2020/09/13 by Michael Cole Leave a Comment

The manager of Singapore’s Keppel REIT announced today that it has agreed to acquire an office building in suburban Sydney for S$306 million ($223 million), adding a sixth Australian commercial asset to its portfolio.

The SGX-listed trust is acquiring a… Read More>>

The manager of Singapore’s Keppel REIT announced today that it has agreed to acquire an office building in suburban … Read more>>>

Kwee Liong Keng Pontiac

Pontiac Land JV for Mayo Clinic Hotel Felled by Coronavirus

Kwee Liong Keng Pontiac

2020/09/01 by Michael Cole Leave a Comment

The Trump administration’s failure to contain the coronavirus has claimed another victim this week, and this one is located in one of America’s most esteemed medical institutions.

The Mayo Clinic announced today that its joint venture with Singapore’s Pontiac Land… Read More>>

The Trump administration’s failure to contain the coronavirus has claimed another victim this week, and this one is … Read more>>>

desmond tang Straits Real Estate

Singapore’s Straits Trading Buys UK Business Park for £76.7M

desmond tang Straits Real Estate

2020/08/27 by Michael Cole Leave a Comment

Singapore’s Straits Trading has revived the island nation’s romance with UK real estate with an announcement late yesterday that it had purchased a business park near London for approximately £76.7 million ($101 million) in cash.

The SGX-listed investment firm purchased… Read More>>

Singapore’s Straits Trading has revived the island nation’s romance with UK real estate with an announcement late … Read more>>>

wang jianlin

Dalian Wanda Sells Chicago Project for $270M to Close Out Global Portfolio 

wang jianlin

2020/08/02 by Skye Li Leave a Comment

Dalian Wanda Group last week announced that it had agreed to sell its 90 percent stake in a Chicago property project for $270 million, closing out the last of an overseas property portfolio that once included projects in the US,… Read More>>

Dalian Wanda Group last week announced that it had agreed to sell its 90 percent stake in a Chicago property project for … Read more>>>

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