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han xiaosheng oceanwide

China Oceanwide Selling San Francisco Project at $276M Loss

han xiaosheng oceanwide

2020/01/23 by Michael Cole 1 Comment

Five years after purchasing the site of what was planned to be San Francisco’s second-tallest office tower, China Oceanwide Holdings has agreed to sell the unfinished project at a $276 million loss, according to a statement filed by the developer… Read More>>

Five years after purchasing the site of what was planned to be San Francisco’s second-tallest office tower, China … Read more>>>

Panote Sirivadhanabhakdi

Frasers Property Buying Cisco UK Headquarters for £135M

Panote Sirivadhanabhakdi

2020/01/23 by Michael Cole Leave a Comment

Frasers Property is betting on the UK’s tech sector as it adds another commercial asset to its Great Britain portfolio, according to an announcement today to the Singapore stock exchange by the developer controlled by Thai billionaire Charoen Sirivadhanabhakdi.

The… Read More>>

Frasers Property is betting on the UK’s tech sector as it adds another commercial asset to its Great Britain portfolio, … Read more>>>

cheung chung kiu CC Land

CC Land Chairman Agrees to Buy London’s Priciest Home for £210M

cheung chung kiu CC Land

2020/01/12 by Michael Cole Leave a Comment

Hong Kong billionaires continue to take advantage of the Brexit discount on London property, as the chairman of the developer CC Land has agreed to buy the most expensive home ever in the UK capital.

The family office of Cheung… Read More>>

Hong Kong billionaires continue to take advantage of the Brexit discount on London property, as the chairman of the … Read more>>>

Ng Yat Chung SPH

SPH Buys Student Digs for £448M as Singapore Zeroes in on UK Universities

Ng Yat Chung SPH

2019/12/23 by James Hatton Leave a Comment

Singapore Press Holdings has acquired a portfolio of student housing properties in the UK for £448 million ($583 million), as student digs in the Brexit-encumbered country continue to draw Singapore investors.

The SGX-listed media conglomerate’s latest acquisition more than doubles… Read More>>

Singapore Press Holdings has acquired a portfolio of student housing properties in the UK for £448 million ($583 … Read more>>>

Ching Chiat Kwong Oxley

Singapore’s Oxley Closes Out Dublin Redevelopment Project With €115M Sale

Ching Chiat Kwong Oxley

2019/12/17 by James Hatton Leave a Comment

Oxley Holdings has entered into a memorandum of agreement to sell the last of five Dublin office buildings developed by the Singapore company over the last five years for €115 million ($128 million), according to a stock exchange filing.

The… Read More>>

Oxley Holdings has entered into a memorandum of agreement to sell the last of five Dublin office buildings developed by … Read more>>>

GIC CEO Lim Chow Kiat

GIC Forms $412M US Shopping Centre JV With NYSE-Listed RPT Realty

GIC CEO Lim Chow Kiat

2019/12/12 by Jan Kot Leave a Comment

Singapore’s sovereign wealth fund, GIC, has established a $412.4 million shopping centre joint venture with New York Stock Exchange-listed RPT Realty, according an announcement by the US real estate investment trust this week.

The $100 billion government investment vehicle is… Read More>>

Singapore’s sovereign wealth fund, GIC, has established a $412.4 million shopping centre joint venture with New York … Read more>>>

Mirae Sells Germany’s Cologne City Hall for €500M

2019/12/07 by James Hatton Leave a Comment

Korean investment manager Mirae Asset Global Investments has sold the Cologne city hall to Germany’s DIC Asset AG for €500 million ($555 million), achieving a 27 percent capital gain after holding the asset for just over three and a half… Read More>>

Korean investment manager Mirae Asset Global Investments has sold the Cologne city hall to Germany’s DIC Asset AG for … Read more>>>

Zhu Mengyi Hopson Development

Hopson Agrees to Buy Stalled NYC Project From Struggling Mainland Developer for $113M 

Zhu Mengyi Hopson Development

2019/12/04 by James Hatton Leave a Comment

Mainland China developer Hopson Development Holdings is poised to make its first overseas acquisition after agreeing to buy a stalled residential project in New York for $113.5 million, according to a company announcement to the Hong Kong stock exchange.

With… Read More>>

Mainland China developer Hopson Development Holdings is poised to make its first overseas acquisition after agreeing to … Read more>>>

Lu Wing Chi

Hong Kong’s SEA Holdings Said Buying London’s Sanctuary Buildings From Hana JV for £300M

Lu Wing Chi

2019/12/03 by Jan Kot Leave a Comment

Hong Kong-listed SEA Holdings is said to have purchased London’s Sanctuary Buildings from a Hana Alternative Asset Management-led consortium less than a year after the Korean investors bought the property from Blackstone, according to a local media report.

The consortium,… Read More>>

Hong Kong-listed SEA Holdings is said to have purchased London’s Sanctuary Buildings from a Hana Alternative Asset … Read more>>>

chen feng hna-tb

HNA Said Selling Last London Asset at 24% Markdown in Escape From UK

chen feng hna-tb

2019/11/28 by Jan Kot Leave a Comment

HNA Group has sold its last asset in the UK to Hong Kong-based investment firm Sun Hung Kai & Co and Australia’s Macquarie Group for £100 million ($129 million), with the troubled mainland conglomerate completing its business Brexit while UK… Read More>>

HNA Group has sold its last asset in the UK to Hong Kong-based investment firm Sun Hung Kai & Co and Australia’s … Read more>>>

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