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BlackRock to Double Singapore Space and More Asia Real Estate Headlines

2022/06/25 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, asset management champ BlackRock plans a major expansion in Singapore, private equity giant Blackstone completes its acquisition of Aussie casino operator Crown Resorts, and Fitch Ratings drops coverage of a Chinese homebuilder.

Read More>>

In today’s roundup of regional news headlines, asset management champ BlackRock plans a major expansion in Singapore, … Read more>>>

Hugo Lin Tsz Fung

China Resources Buying Mall in Hong Kong’s New Territories for $170M

Hugo Lin Tsz Fung

2022/06/23 by Beatrice Laforga Leave a Comment

A unit of China Resources Group has picked up the group’s fifth major Hong Kong property over the past year with its purchase of a shopping complex in the New Territories from mainland investor Hugo Lam Chi-fung for a record… Read More>>

A unit of China Resources Group has picked up the group’s fifth major Hong Kong property over the past year with its … Read more>>>

kingboard paul cheung

Hong Kong’s Kingboard to Buy London Commercial Building From Brookfield for $360M

kingboard paul cheung

2022/06/23 by Christopher Caillavet Leave a Comment

Kingboard Holdings has struck a deal to buy a central London commercial building for £293.6 million ($360 million), snapping a four-and-a-half-year pause in UK acquisitions for the Hong Kong-based laminates maker and property investor.

The 16-storey building, called 2 London… Read More>>

Kingboard Holdings has struck a deal to buy a central London commercial building for £293.6 million ($360 million), … Read more>>>

CK Asset chairman and managing director Victor Li

CK Asset Applies to Convert New Territories Hotel into 1,102 Homes

CK Asset chairman and managing director Victor Li

2022/06/23 by Pawara Laothamatas Leave a Comment

Hong Kong’s CK Asset Holdings could be on its way to turning the Harbour Plaza Resort City hotel in the New Territories into a HK$14 billion ($1.78 billion) housing and retail project, having on 7 June submitted an application to… Read More>>

Hong Kong’s CK Asset Holdings could be on its way to turning the Harbour Plaza Resort City hotel in the New Territories … Read more>>>

Sun Hongbin Sunac

Sunac Seeks Second Extension for Onshore Bond and More Asia Real Estate Headlines

Sun Hongbin Sunac

2022/06/23 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Sunac China is reportedly in talks about a rare second extension on part of an onshore bond payment, as mainland developers prepare to sit down with financial institutions next month to discuss liquidity… Read More>>

In today’s roundup of regional news headlines, Sunac China is reportedly in talks about a rare second extension on part … Read more>>>

Tim Blackburn Swire

Swire Properties Wins Wan Chai Residential Tender With $249M Bid

Tim Blackburn Swire

2022/06/22 by Pawara Laothamatas Leave a Comment

Swire Properties is expanding its holdings near its Pacific Place complex on Hong Kong island, having bested 20 competing bids to secure a residential site in the city’s Wan Chai area through a government tender for HK$1.96 billion ($249.9 million),… Read More>>

Swire Properties is expanding its holdings near its Pacific Place complex on Hong Kong island, having bested 20 … Read more>>>

New World chairman Henry Cheng

New World Boss’ London Project Launches $171M Token Offering

New World chairman Henry Cheng

2022/06/22 by Beatrice Laforga Leave a Comment

Knight Dragon, a UK-based developer owned by New World Development’s chairman, is offering the investing public a chance to get a slice of the earnings from a London residential project through blockchain technology in a deal valued at £140 million… Read More>>

Knight Dragon, a UK-based developer owned by New World Development’s chairman, is offering the investing public a chance … Read more>>>

Simon Treacy, CEO of private equity real estate at CapitaLand Investment

CapitaLand Sets Up First Onshore RMB Fund, Buys Shanghai Building

Simon Treacy, CEO of private equity real estate at CapitaLand Investment

2022/06/22 by Mingtiandi Team Leave a Comment

CapitaLand Investment (CLI) said Wednesday it has set up its first onshore renminbi fund in China with the vehicle acquiring an office building in Shanghai.

CLI holds a 12% stake in the RMB 700 million ($98 million) fund, in partnership… Read More>>

CapitaLand Investment (CLI) said Wednesday it has set up its first onshore renminbi fund in China with the vehicle … Read more>>>

lee-kok-sun GIC

GIC, APG Acquiring ‘Substantial’ Stake in $2.2B European Student Housing Provider

lee-kok-sun GIC

2022/06/22 by Christopher Caillavet Leave a Comment

Singapore sovereign investor GIC and Dutch pension fund manager APG have agreed to acquire what they term a “substantial” stake in Amsterdam-based The Student Hotel, in a deal valuing the hybrid student hostelry operator at €2.1 billion ($2.2 billion).

TSH’s… Read More>>

Singapore sovereign investor GIC and Dutch pension fund manager APG have agreed to acquire what they term a … Read more>>>

Zhang Yuliang of Greenland Group

S&P Downgrades Shanghai’s Greenland, Likens Bond Extension to Default

Zhang Yuliang of Greenland Group

2022/06/22 by Christopher Caillavet Leave a Comment

S&P Global Ratings on Wednesday downgraded Greenland Holding after judging the mainland developer’s payment extension on an offshore bond as a default in all but name.

The agency cut the long-term issuer rating on Greenland, whose controlling shareholder is Shanghai’s… Read More>>

S&P Global Ratings on Wednesday downgraded Greenland Holding after judging the mainland developer’s payment … Read more>>>

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