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Cheng Kar-Shun, NWD

Hong Kong Tycoons Marketing London West End Office Block for $172M

Cheng Kar-Shun, NWD

2024/06/14 by Kevin He Leave a Comment

A private investment vehicle backed by some of Hong Kong’s biggest property tycoons has slashed the asking price for a prime office building in London’s prestigious St James’ district, after the property’s value fell as much as 18.5 percent from… Read More>>

A private investment vehicle backed by some of Hong Kong’s biggest property tycoons has slashed the asking price for a … Read more>>>

Serena Teo Ascott

CapitaLand Ascott Trust Buys Out South Carolina Student Housing Project

Serena Teo Ascott

2024/06/04 by Christopher Caillavet Leave a Comment

Singapore-listed CapitaLand Ascott Trust has taken full ownership of Standard at Columbia after acquiring the remaining 10 percent stake in the US student accommodation asset.

In 2021, CLAS (then known as Ascott Residence Trust) teamed with sponsor The Ascott Ltd… Read More>>

Singapore-listed CapitaLand Ascott Trust has taken full ownership of Standard at Columbia after acquiring the remaining … Read more>>>

Sekisui House president and CEO Yoshihiro Nakai

Sekisui House Selling Seattle Apartment Complex to Japan REIT for $328M

Sekisui House president and CEO Yoshihiro Nakai

2024/05/29 by Christopher Caillavet Leave a Comment

Fresh off becoming America’s fifth-largest homebuilder, Japanese developer Sekisui House is selling a Seattle luxury apartment complex to the company’s sponsored REIT for $328 million.

The Ivey on Boren comprises 406 rental units in the heart of Washington state’s biggest… Read More>>

Fresh off becoming America’s fifth-largest homebuilder, Japanese developer Sekisui House is selling a Seattle luxury … Read more>>>

Kwek Leng Beng

Singapore’s CDL Completes $261M Purchase of Paris Hotel From Blackstone

Kwek Leng Beng

2024/05/16 by Christopher Caillavet Leave a Comment

City Developments Ltd has completed its acquisition of a Paris hotel from funds managed by Blackstone for €240 million ($260.9 million), giving the Singaporean property giant a centrally located lodging asset just in time for the Olympic Games this summer.

… Read More>>

City Developments Ltd has completed its acquisition of a Paris hotel from funds managed by Blackstone for €240 million … Read more>>>

Lu Zhiqiang China Oceanwide

China Oceanwide’s LA ‘Graffiti Project’ Up for Sale After Creditors Sue Developer

Lu Zhiqiang China Oceanwide

2024/05/08 by Christopher Caillavet Leave a Comment

Two months after making global headlines for being one of the world’s largest graffiti takeovers, a downtown Los Angeles project by China Oceanwide Holdings has been put on the market after creditors and stiffed contractors sued the troubled builder earlier… Read More>>

Two months after making global headlines for being one of the world's largest graffiti takeovers, a downtown Los Angeles … Read more>>>

Singapore’s Cambridge RE Buys Second Aussie Education Property in Three Months

2024/04/08 by Beatrice Laforga Leave a Comment

Singapore fund manager Cambridge RE Partners has made its second purchase of an Australian educational property in three months with its acquisition of a 592-bed property near Sydney, according to an announcement by the firm.

On behalf of its Cambridge… Read More>>

Singapore fund manager Cambridge RE Partners has made its second purchase of an Australian educational property in three … Read more>>>

Far East Orchard CEO Alan Tang

Singapore’s Far East Orchard Ups UK Student Housing Bet With $50M Glasgow Project

Far East Orchard CEO Alan Tang

2024/03/16 by Beatrice Laforga Leave a Comment

Far East Orchard is expanding its portfolio of UK purpose-built student accommodation (PBSA) portfolio into Scotland with a £38.9 million ($50 million) development joint venture in Glasgow.

Far East Orchard, the SGX-listed investment unit of regional developer Far East Organization,… Read More>>

Far East Orchard is expanding its portfolio of UK purpose-built student accommodation (PBSA) portfolio into Scotland … Read more>>>

EQ senior managing director and co-founder Namid Mangalji

Angelo Gordon-EQ JV Sells Paris Hotel to Korea’s Sono International for $130M

EQ senior managing director and co-founder Namid Mangalji

2024/03/05 by Christopher Caillavet Leave a Comment

Springtime in Paris may be a few weeks away, but hospitality deals continue to bloom as South Korea’s Sono International has become the latest Asian investor to acquire a hotel in the City of Light with a €120 million ($130.2… Read More>>

Springtime in Paris may be a few weeks away, but hospitality deals continue to bloom as South Korea’s Sono International … Read more>>>

CDL chairman Kwek Leng Beng

Singapore’s CDL Buying Paris Hotel From Blackstone for $264M

CDL chairman Kwek Leng Beng

2024/03/03 by Beatrice Laforga Leave a Comment

Blackstone has turned to an old friend from Singapore to sell a Paris hotel which it had held for more than a decade, with City Developments Ltd having agreed to buy the Hilton Paris Opéra from Blackstone Real Estate Partners… Read More>>

Blackstone has turned to an old friend from Singapore to sell a Paris hotel which it had held for more than a decade, … Read more>>>

Singapore’s Sun Venture Expands into Hospitality With London Hotel Buy

2024/02/28 by Beatrice Laforga Leave a Comment

Singapore investment manager Sun Venture has made its first hospitality bet by acquiring a 280-key hotel in central London from UK asset manager Resolution Property for less than £100 million ($126.5 million), according to market sources familiar with the transaction.

… Read More>>

Singapore investment manager Sun Venture has made its first hospitality bet by acquiring a 280-key hotel in central … Read more>>>

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