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albert chuang

Hong Kong Family Office Said to Buy London Commercial Building for £94M

albert chuang

2020/05/04 by James Hatton 1 Comment

A Hong Kong family office has reportedly made its first solo property acquisition in London, defying the pandemic to snap up a commercial building next to oyster sauce maker Lee Kum Kee Group’s £1.3 billion ($1.6 billion) Walkie Talkie building.

… Read More>>

A Hong Kong family office has reportedly made its first solo property acquisition in London, defying the pandemic to … Read more>>>

Park Hyeon-Joo Mirae

Anbang Sues Korea’s Mirae as $5.8B US Hotel Deal Collapses

Park Hyeon-Joo Mirae

2020/04/28 by James Hatton Leave a Comment

China’s Anbang Insurance is suing Korea’s Mirae Asset Management for failing to pay for the $5.8 billion acquisition of a portfolio of 15 high-end US hotels, after the coronavirus pandemic stalled financing for the transaction.

The nationalised mainland insurer filed… Read More>>

China’s Anbang Insurance is suing Korea’s Mirae Asset Management for failing to pay for the $5.8 billion acquisition of … Read more>>>

wang jianlin

Wanda’s AMC Facing Imminent Default as COVID-19 Empties Movie Theatres

wang jianlin

2020/04/14 by James Hatton Leave a Comment

American movie theatre chain AMC Entertainment Holdings Inc is said to be close to bankruptcy, eight years after Chinese conglomerate Dalian Wanda bought the Kansas-based company for $2.6 billion.

Shares in the NYSE-listed firm closed down 20 percent to $2.08… Read More>>

American movie theatre chain AMC Entertainment Holdings Inc is said to be close to bankruptcy, eight years after Chinese … Read more>>>

Lee Kok Sun of GIC

GIC JV Buys 50% Stake in A$1.3B Melbourne Office Complex

Lee Kok Sun of GIC

2020/04/07 by James Hatton Leave a Comment

Singapore’s GIC has teamed up with Aussie REIT Dexus to buy a 50 percent stake in a landmark Melbourne’s commercial property for A$644 million ($398 million) through an off-market transaction.

ASX-listed Dexus announced in a bourse filing yesterday that the… Read More>>

Singapore’s GIC has teamed up with Aussie REIT Dexus to buy a 50 percent stake in a landmark Melbourne’s commercial … Read more>>>

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>>>

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