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Frank Khoo CDL CIO

Singapore’s CDL Acquires London’s Aldgate House From CPPIB-Hermes JV for £183M

Frank Khoo CDL CIO

2018/09/16 by Jan Kot Leave a Comment

City Developments Limited (CDL) has acquired Aldgate House, a prime commercial building in London for £183 million (approximately $239 million) from a joint venture between Hermes Investment Management and the Canada Pension Plan Investment Board (CPPIB) to continue expanding recurring… Read More>>

City Developments Limited (CDL) has acquired Aldgate House, a prime commercial building in London for £183 million … Read more>>>

mansfield road copy

Government Auction of Site at Hong Kong’s Peak Could Bring $4.1B Bid

mansfield road copy

2018/09/16 by Emma Zhou Leave a Comment

Hong Kong’s real estate market has been going vertical for more than two years, and a government auction for a site in the city’s loftiest residential area is expected to stoke competition among developers from across greater China hoping to… Read More>>

Hong Kong’s real estate market has been going vertical for more than two years, and a government auction for a site in … Read more>>>

Rush Desai of Allianz

Allianz, Alpha Buy Shanghai Office Building From CITIC for $90M

Rush Desai of Allianz

2018/09/14 by Michael Cole Leave a Comment

Allianz announced today that it has partnered with Alpha Asia Macro Trends Fund III (“AAMTF III”), a private equity investment fund managed by Singapore’s Alpha Investment Partners, and an unnamed co-investor to acquire an office park property in northern Shanghai.

… Read More>>

Allianz announced today that it has partnered with Alpha Asia Macro Trends Fund III (“AAMTF III”), a private equity … Read more>>>

Poly Real Estate boss Song Guangju

China’s Poly Group to Begin Building A$300M Sydney Tower

Poly Real Estate boss Song Guangju

2018/09/14 by Jan Kot Leave a Comment

Chinese conglomerate and property heavyweight China Poly Group Corporation has hired Australia-listed construction company Watpac to begin construction of its A$300 million office tower in central Sydney, according to the Australian local media.

Located on 210-220 George St along the… Read More>>

Chinese conglomerate and property heavyweight China Poly Group Corporation has hired Australia-listed construction … Read more>>>

Tang Shing Bor

HK’s Shop King Swaps Wan Chai Hotel for Sai Kung Site in HK$1.4B Deal

Tang Shing Bor

2018/09/14 by Emma Zhou Leave a Comment

Hong Kong billionaire Tang Shing-bor, known as the city’s “Shop King”, is trading an 80-room hotel in Wan Chai in exchange for a potential housing site in Sai Kung, a suburban area of the city, in a deal that involves… Read More>>

Hong Kong billionaire Tang Shing-bor, known as the city’s “Shop King”, is trading an 80-room hotel in Wan Chai in … Read more>>>

HSBC Building Singapore

HSBC Gets One More Year in SG’s 21 Collyer Quay and More Asia Real Estate Headlines

HSBC Building Singapore

2018/09/13 by Michael Cole Leave a Comment

CapitaLand Commercial Trust, which owns the current home of HSBC in Singapore, is giving the bank one more year in its home in the city’s Raffles Place as speculation builds that the listed trust may sell off or redevelop the… Read More>>

CapitaLand Commercial Trust, which owns the current home of HSBC in Singapore, is giving the bank one more year in its … Read more>>>

Brooke Coburn Carlyle

Carlyle Real Estate Unit to Fly Solo in China – Exclusive

Brooke Coburn Carlyle

2018/09/12 by Michael Cole Leave a Comment

Private equity investments work differently in China, and the Carlyle Group is preparing to spin off its China real estate unit into a separate entity to fit the requirements of the mainland market, according to sources familiar with the company’s… Read More>>

Private equity investments work differently in China, and the Carlyle Group is preparing to spin off its China real … Read more>>>

Chen Feng HNA

HNA Sheds Unused HK Trophy Office in Battle for Liquidity

Chen Feng HNA

2018/09/12 by Jan Kot Leave a Comment

Cash-strapped mainland conglomerate HNA is shedding all eight floors of its unused office space in Hong Kong’s Central district, in a bid to trim HK$12 million per month in rent from its wall of liabilities, according to sources familiar with… Read More>>

Cash-strapped mainland conglomerate HNA is shedding all eight floors of its unused office space in Hong Kong's Central … Read more>>>

Ng Yat Chung SPH

SPH Buys 14 UK Student Housing Assets for $233M

Ng Yat Chung SPH

2018/09/12 by Emma Zhou Leave a Comment

Singapore Press Holdings (SPH), a listed media group that owns the Straits Times and Business Times, is buying a portfolio of 14 student accommodation properties located in six towns and cities across the UK for S$321 million ($233 million) in… Read More>>

Singapore Press Holdings (SPH), a listed media group that owns the Straits Times and Business Times, is buying a … Read more>>>

Yang Guoqiang Country Garden Thumb

Country Garden Plans for a Robot Valley in Foshan

Yang Guoqiang Country Garden Thumb

2018/09/12 by Emma Zhou Leave a Comment

Chinese real estate giant Country Garden recently announced plans to build a 10-square-kilometre (3.9-square-mile) industrial park through its wholly owned subsidiary Bright Dream Robotics, according to Yicai.com. The Robot Valley project will be located in the southern Guangdong city of… Read More>>

Chinese real estate giant Country Garden recently announced plans to build a 10-square-kilometre (3.9-square-mile) … Read more>>>

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