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Logan Property Pays $462M to Snatch Up Second SG Project This Year

2017/10/22 by Greg Isaacson Leave a Comment

China’s Logan Property has bought up the Florence Regency complex in Singapore for S$629 million ($462 million) with the hopes of redeveloping the 389,236 square foot (36,161 square metre) site into as many as 1,446 homes, according to a statement last week… Read More>>

China's Logan Property has bought up the Florence Regency complex in Singapore for S$629 million ($462 million) with the … Read more>>>

Lee Chee Koon Ascott CEO

Singapore’s Ascott Makes $60M Silicon Valley Hotel Deal in Latest US Acquisition

Lee Chee Koon Ascott CEO

2017/10/19 by Greg Isaacson Leave a Comment

Singapore’s CapitaLand is making its fourth US acquisition in less than six months, buying a Silicon Valley hotel through its serviced residence unit The Ascott Limited in a S$81.5 million ($60.1 million) project.

The investment amount includes Ascott’s planned refurbishment… Read More>>

Singapore's CapitaLand is making its fourth US acquisition in less than six months, buying a Silicon Valley hotel … Read more>>>

Wanda Hits Twin US Setbacks as Culture Chief Quits, Beverly Hills Partner Exits

2017/10/18 by Greg Isaacson Leave a Comment

Dalian Wanda Group is facing a fresh set of overseas headaches, this time in Southern California, as its US partner bails on a $1.2 billion development project in Beverly Hills and the company’s top executive in Hollywood steps down.

Athens… Read More>>

Dalian Wanda Group is facing a fresh set of overseas headaches, this time in Southern California, as its US partner … Read more>>>

Ben Cha Grosvenor

Grosvenor Sells West End Trophy to Hong Kong Scion for $202M

Ben Cha Grosvenor

2017/10/17 by Mingtiandi Team Leave a Comment

Brexit may yet prove to have dire consequences for the UK, but it hasn’t stopped the kingdom’s royals from making a profitable property play this month, as the Duke of Westminster’s real estate firm sells off a West End commercial… Read More>>

Brexit may yet prove to have dire consequences for the UK, but it hasn't stopped the kingdom's royals from making a … Read more>>>

Zhang Yuliang

Greenland-Led Chinese Consortium Said Dumping $2 Bil Bay Area Project

Zhang Yuliang

2017/10/03 by Greg Isaacson Leave a Comment

Greenland Group was once a leader of China’s outbound investment wave, snapping up nearly $19 billion in overseas real estate projects from Los Angeles to London over less than four years.

But the state-owned, Shanghai-based developer has reduced that nearly… Read More>>

Greenland Group was once a leader of China's outbound investment wave, snapping up nearly $19 billion in overseas real … Read more>>>

Greg Peng Cindat

Cindat Teams with London Investor for $703M UK Hotel Deal – Sets New 2017 High

Greg Peng Cindat

2017/10/02 by Michael Cole Leave a Comment

Beijing-based private equity real estate firm Cindat Capital Management has reportedly teamed with London’s Aprirose in the property investment firm’s £525 million ($703 million) acquisition of UK hospitality chain Qhotels.

Aprirose announced the purchase of the chain of 26 five… Read More>>

Beijing-based private equity real estate firm Cindat Capital Management has reportedly teamed with London’s Aprirose in … Read more>>>

CHIA NAM TOON

Ascendas REIT Picks Up Brisbane Office Tower for $67M

CHIA NAM TOON

2017/09/26 by Greg Isaacson Leave a Comment

Singapore-listed Ascendas REIT (A-REIT) has bought a 14-storey office tower on the outskirts of Brisbane for A$83.83 million ($66.6 million), marking the trust’s second acquisition of an office property in Australia.

The office deal in Brisbane, capital of the state… Read More>>

Singapore-listed Ascendas REIT (A-REIT) has bought a 14-storey office tower on the outskirts of Brisbane for A$83.83 … Read more>>>

Lee Kok Sun of GIC

Singapore’s GIC Buys 51% Stake in $909M Tokyo Disney Hotel

Lee Kok Sun of GIC

2017/09/24 by Greg Isaacson Leave a Comment

Singapore’s GIC is continuing a string of outbound mega-deals by partnering with a Japanese REIT to buy the largest hotel in the Tokyo Disney Resort area for around 100 billion yen ($909.1 million). Under the terms of the deal, the… Read More>>

Singapore's GIC is continuing a string of outbound mega-deals by partnering with a Japanese REIT to buy the largest … Read more>>>

Angela Leong Said To Buy London Office Building for $338M

2017/09/20 by Greg Isaacson Leave a Comment

Casino billionaire Angela Leong has reportedly become the latest Hong Kong investor to bet on London’s property market, scooping up a historic building in the city’s Midtown district for around £250 million ($338 million).

Leong, the fourth wife of Macau… Read More>>

Casino billionaire Angela Leong has reportedly become the latest Hong Kong investor to bet on London's property market, … Read more>>>

Frasers Centrepoint Buys UK Business Parks From Oaktree for $906M

2017/09/12 by Greg Isaacson Leave a Comment

Singapore-listed Frasers Centrepoint is taking a bet on British business parks by acquiring a portfolio of five UK properties around London and Glasgow, Scotland for £686 million ($906.2 million).

The international property firm is purchasing the 4.9 million square foot… Read More>>

Singapore-listed Frasers Centrepoint is taking a bet on British business parks by acquiring a portfolio of five UK … Read more>>>

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