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Lai Sun Wins Approval to Build City of London’s Third-Tallest Tower

2018/07/16 by Michael Cole Leave a Comment

Hong Kong’s Lai Sun Group has won approval to develop a 56-storey office tower on London’s Leadenhall Street, after tycoon Peter Lam’s textiles-to-property group had purchased a pair of existing properties on the same block as London’s Gherkin office tower… Read More>>

Hong Kong’s Lai Sun Group has won approval to develop a 56-storey office tower on London’s Leadenhall Street, after … Read more>>>

Goodwin Gaw

Gaw Capital Partners Buys Silicon Valley Office Complex for $94M

Goodwin Gaw

2018/06/27 by Shawna Kwan Leave a Comment

Gaw Capital Partners is building up its property holdings in California’s Bay Area, with an affiliate of the Hong Kong-based private equity firm paying $93.5 million this month for a Silicon Valley office building.

An investor called GC Orchard Trimble,… Read More>>

Gaw Capital Partners is building up its property holdings in California’s Bay Area, with an affiliate of the Hong … Read more>>>

Chen Feng HNA

HNA Said Selling Stake in $2B 245 Park Avenue Tower to SL Green

Chen Feng HNA

2018/06/25 by Shawna Kwan Leave a Comment

HNA Group is said to be selling off a controlling stake in its Manhattan office tower at 245 Park Avenue to real estate investment trust SL Green Realty, amid a panic sale of more than $14.5 billion in assets by Chinese… Read More>>

HNA Group is said to be selling off a controlling stake in its Manhattan office tower at 245 Park Avenue to real estate … Read more>>>

Wu Xiaohui Anbang

China Nationalises Fallen Mega-Investor Anbang After Chairman Jailed

Wu Xiaohui Anbang

2018/06/25 by Greg Isaacson Leave a Comment

A Chinese government-controlled fund now owns New York’s Waldorf Astoria hotel, as mainland regulators have officially nationalised the hotel’s purchaser, Anbang Insurance Group.

Nearly full ownership of Anbang has been transferred to the government-controlled China Insurance Security Fund, the China… Read More>>

A Chinese government-controlled fund now owns New York's Waldorf Astoria hotel, as mainland regulators have officially … Read more>>>

Chua Thian Poh Ho Bee

Singapore’s Ho Bee Land Buys London Office Block for £650M

Chua Thian Poh Ho Bee

2018/06/19 by Richard Meyer Leave a Comment

Singapore’s Ho Bee Land has agreed to acquire a property in London that increases its already sizeable holdings in the European financial capital by about 50 percent.

The £650 million ($864 million) acquisition of Ropemaker Place, a 21-storey office building,… Read More>>

Singapore's Ho Bee Land has agreed to acquire a property in London that increases its already sizeable holdings in the … Read more>>>

Tan Juay Hiang, CEO of Ascendas Hospitality Trust

Ascendas Hospitality Trust Grabs Trio of Osaka Hotels for $102M

Tan Juay Hiang, CEO of Ascendas Hospitality Trust

2018/06/19 by Greg Isaacson Leave a Comment

Singapore-listed Ascendas Hospitality Trust has struck a deal to buy three newly built hotels in Osaka for a total price of about 11.24 billion yen ($101.6 million), amid a surge of overseas tourist arrivals in Japan’s third-largest city.

The acquisition… Read More>>

Singapore-listed Ascendas Hospitality Trust has struck a deal to buy three newly built hotels in Osaka for a total price … Read more>>>

Victor Li CK

Victor Li Buys UBS London Headquarters From GIC, British Land For $1.3B

Victor Li CK

2018/06/18 by Shawna Kwan Leave a Comment

Just one month after taking over from his father Li Ka-shing, Victor Li has signed his first high profile deal for CK Asset, snapping up the UBS headquarters in London from GIC and British Land for £1 billion ($1.3 billion).

… Read More>>

Just one month after taking over from his father Li Ka-shing, Victor Li has signed his first high profile deal for CK … Read more>>>

Goodwin Gaw

Gaw Capital Puts Marks & Spencer London HQ on the Market for $335M

Goodwin Gaw

2018/06/14 by Shawna Kwan Leave a Comment

Hong Kong-based private equity real estate firm Gaw Capital Partners is putting the London headquarters of British retail giant Marks & Spencer up for sale with a price tag of approximately £250 million ($335 million).

The private equity real estate… Read More>>

Hong Kong-based private equity real estate firm Gaw Capital Partners is putting the London headquarters of British … Read more>>>

China Oceanwide Gets US Green Light for $3.8B Genworth Deal

2018/06/11 by Greg Isaacson Leave a Comment

The US federal government has given the green light for Beijing-based real estate investor China Oceanwide Holdings Group to take over American insurer Genworth Financial, nearly 20 months after the $3.8 billion deal was first announced.

The approval by the… Read More>>

The US federal government has given the green light for Beijing-based real estate investor China Oceanwide Holdings … Read more>>>

Chen Feng HNA

HNA Sells Stake in Spain’s NH Hotels for $723M, Bringing 2018 Fire Sale to $14.5B

Chen Feng HNA

2018/06/10 by Greg Isaacson Leave a Comment

Embattled Chinese conglomerate HNA Group is shedding its stake in European hotelier NH Hotel Group, in the latest move by the debt-strapped firm to downsize its trove of overseas assets and raise badly needed cash.

HNA is selling the 25.2… Read More>>

Embattled Chinese conglomerate HNA Group is shedding its stake in European hotelier NH Hotel Group, in the latest move … Read more>>>

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