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Wanda Sports Offloads Ironman for $730M After Stock Value Halves

2020/03/31 by Stephanie Li Leave a Comment

Wanda Sports Group has agreed to sell its Ironman franchise to the owner of publishing house Conde Nast, just eight months after the company controlled by Chinese billionaire Wang Jianlin suffered 2019’s second-worst NASDAQ debut.

The sports and media unit… Read More>>

Wanda Sports Group has agreed to sell its Ironman franchise to the owner of publishing house Conde Nast, just eight … Read more>>>

han xiaosheng oceanwide

Oceanwide Sells SF Project to Hony Fund for $1.2B After Deal Collapses

han xiaosheng oceanwide

2020/03/30 by James Hatton Leave a Comment

A troubled mainland developer’s race to dispose of assets to meet looming debt repayments took a twist yesterday when China Oceanwide Holdings brought on board a potential replacement buyer for its unfinished San Francisco project.

Oceanwide said in an announcement… Read More>>

A troubled mainland developer’s race to dispose of assets to meet looming debt repayments took a twist yesterday when … Read more>>>

SPH Cancels C$233 Canadian Senior Living Buy Amid COVID-19 Scare

2020/03/24 by James Hatton Leave a Comment

Singapore Press Holdings has scrapped its acquisition of a portfolio of senior living facilities in Canada, as the potential impact of COVID-19 on property values triggers second thoughts on valuations.

The SGX-listed media and property conglomerate announced to the stock… Read More>>

Singapore Press Holdings has scrapped its acquisition of a portfolio of senior living facilities in Canada, as the … Read more>>>

wu xiaohui

Anbang Said Selling Dutch Office Portfolio to Aviva for €700M

wu xiaohui

2020/03/19 by Michael Cole Leave a Comment

A Chinese financial firm which once devoured New York’s Waldorf Astoria has sold off its second set of real estate assets this year, with European media reports indicating that Anbang Insurance has disposed of a set of Netherlands office buildings… Read More>>

A Chinese financial firm which once devoured New York’s Waldorf Astoria has sold off its second set of real estate … Read more>>>

chris_gilcrest_bio_opt

CBRE GI, Malaysia’s EPF Buy London Office Block for Reported £330M

chris_gilcrest_bio_opt

2020/03/17 by Michael Cole Leave a Comment

Morgan Stanley Real Estate Investing, together with UK real estate investment house Greycoat, has sold an office building in the City of London to a separate account managed by CBRE Global Investors, according to an announcement this week by the… Read More>>

Morgan Stanley Real Estate Investing, together with UK real estate investment house Greycoat, has sold an office … Read more>>>

Soilbuild JV Braves Virus Scare to Buy Discounted US Hotels for $477M

2020/03/12 by James Hatton Leave a Comment

A joint venture between Singapore-listed Soilbuild Construction Group and iProsperity, an asset manager which manages funds for Chinese high net worth individuals, has acquired a portfolio of US boutique hotels at a discount, braving the coronavirus crisis for the chance… Read More>>

A joint venture between Singapore-listed Soilbuild Construction Group and iProsperity, an asset manager which manages … Read more>>>

Suchad Chiaranussati SC

SC Capital Buys Aussie Office From BlackRock for A$127M

Suchad Chiaranussati SC

2020/03/02 by James Hatton Leave a Comment

SC Capital Partners has purchased an office building in North Sydney from BlackRock for A$127 million ($83 million), as the Singapore-based private equity shop adds another Aussie asset to its portfolio.

Thai financier Suchad Chiaranussati’s firm said that it had… Read More>>

SC Capital Partners has purchased an office building in North Sydney from BlackRock for A$127 million ($83 million), as … Read more>>>

Ng Yat Chung SPH

SPH Buying Canadian Senior Living Properties for C$233M

Ng Yat Chung SPH

2020/02/26 by Michael Cole Leave a Comment

Singapore Press Holdings has made its second overseas investment in senior living facilities this week as the media and property conglomerate announced today that it has agreed to pay C$232.9 million ($176.6 million) to acquire a set of Canadian properties.

… Read More>>

Singapore Press Holdings has made its second overseas investment in senior living facilities this week as the media and … Read more>>>

Jason Leow CapitaLand

CapitaLand Adds £129M UK Biz Park to European Portfolio

Jason Leow CapitaLand

2020/02/26 by James Hatton Leave a Comment

CapitaLand has agreed to acquire a business park in the UK for £129 million ($168 million), as Southeast Asia’s largest real estate group boosts its portfolio in post-Brexit Britain.

The Singapore property giant said that its acquisition of the Arlington… Read More>>

CapitaLand has agreed to acquire a business park in the UK for £129 million ($168 million), as Southeast Asia’s largest … Read more>>>

ARA-QuadReal JV Confirms First Aussie Office Acquisition

2020/02/24 by James Hatton Leave a Comment

ARA Asset Management together with the property arm of British Columbia Investment Management today announced their acquisition of a Melbourne office development valued at A$330 million ($218 million), confirming a Mingtiandi report from earlier this month.

In a joint statement,… Read More>>

ARA Asset Management together with the property arm of British Columbia Investment Management today announced their … Read more>>>

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