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Guo Guangchang Fosun

Fosun Bags US Deal with $65M Stake in Brookdale Senior Living

Guo Guangchang Fosun

2018/03/26 by Shawna Kwan Leave a Comment

Fosun International has acquired a 5.11 percent stake worth $65 million in US senior housing operator Brookdale Senior Living, according to a filing with the US Securities and Exchange Commission. Through the investment, the Shanghai-based conglomerate replaces Blackrock as the… Read More>>

Fosun International has acquired a 5.11 percent stake worth $65 million in US senior housing operator Brookdale Senior … Read more>>>

Pan Weiming Fusheng

Mainland Developer Confirms $169M Purchase of Kowloon Space From CSI and Phoenix

Pan Weiming Fusheng

2018/03/26 by Shawna Kwan Leave a Comment

Mainland developer Fullsun International has acquired five floors in a Kowloon East office project from CSI Properties and Phoenix Property Investors for HK$1.3 billion ($169 million), a filing by the company shows. Fullsun’s announcement of the deal comes just a week… Read More>>

Mainland developer Fullsun International has acquired five floors in a Kowloon East office project from CSI Properties … Read more>>>

Asia Real Estate People in the News 2018-03-26

2018/03/26 by Greg Isaacson Leave a Comment

Leading this week’s roundup of people moves, a top hospitality exec has joined Hyatt Hotels to lead the brand’s growth in Greater China. An asset management pro is taking the helm at a newly formed Singaporean investment firm, and CBRE… Read More>>

Leading this week's roundup of people moves, a top hospitality exec has joined Hyatt Hotels to lead the brand's growth … Read more>>>

Wanda NYC Project

The $1B NYC Tower That Woulda, Coulda Been Wanda’s

Wanda NYC Project

2018/03/26 by Michael Cole Leave a Comment

Dalian Wanda’s story in the last year has been a cascade of woe as the one-time world-beating investor has sold off projects in the UK, Australia and China due to a mix of regulatory and financial pressures.

However, a recently… Read More>>

Dalian Wanda’s story in the last year has been a cascade of woe as the one-time world-beating investor has sold off … Read more>>>

Everest Building

CSI Properties Said Close to Buying Kowloon Commercial Tower for HK$2.5B

Everest Building

2018/03/25 by Shawna Kwan Leave a Comment

CSI Properties is reportedly close to acquiring a commercial building in the Jordan area of southern Kowloon, Hong Kong for HK$2.45 billion ($312 million).

The Hong Kong-based developer operated by Mico Chung Cho-yee is locked in exclusive talks to buy… Read More>>

CSI Properties is reportedly close to acquiring a commercial building in the Jordan area of southern Kowloon, Hong Kong … Read more>>>

Li Ka-shing

CK Asset to Redevelop Hung Hom Hotel as Offices and More Hong Kong Real Estate Headlines

Li Ka-shing

2018/03/25 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, Li Ka-shing’s CK Asset applied to turn its hotel in Hung Hom to two office buildings, in order to capitalise on the growing demand for offices in the area. Also in the headlines,… Read More>>

Leading today’s Hong Kong real estate news, Li Ka-shing’s CK Asset applied to turn its hotel in Hung Hom to two office … Read more>>>

R&F Eyes $1B Zimbabwe Steel Deal and More Asia Real Estate Headlines

2018/03/25 by Greg Isaacson Leave a Comment

Leading today’s roundup, one of China’s biggest home builders may be moving way up the risk curve, with a proposed deal for a decrepit steel factory in post-Mugabe Zimbabwe. Also in the news, flailing Chinese energy firm CEFC may get… Read More>>

Leading today's roundup, one of China's biggest home builders may be moving way up the risk curve, with a proposed deal … Read more>>>

Eugene Kim

JLL Adds Brookfield Veteran to APAC Funds Advisory Team

Eugene Kim

2018/03/25 by Greg Isaacson Leave a Comment

JLL has appointed Eugene Kim as a director of its Global Funds Advisory team, based in the company’s Asia Pacific headquarters in Singapore.

In tandem with Kim’s hire, Georg Frauboes joins the team as a director based in London, as… Read More>>

JLL has appointed Eugene Kim as a director of its Global Funds Advisory team, based in the company's Asia Pacific … Read more>>>

Mitsui Fudosan Buys Art Deco Building in Prime Tokyo District for $811M

2018/03/23 by Shawna Kwan Leave a Comment

Japanese real estate giant Mitsui Fudosan has paid 85.03 billion yen ($811 million) for an 89-year-old building in Tokyo, a price 183 percent higher than expected by the seller, according to a report in Japan Property Central.

The seller of… Read More>>

Japanese real estate giant Mitsui Fudosan has paid 85.03 billion yen ($811 million) for an 89-year-old building in … Read more>>>

Hank Greenberg CV Starr

APL, ADIC, CV Starr and PAG Cash in Landmark Tokyo Building for Reported $1.4B

Hank Greenberg CV Starr

2018/03/22 by Shawna Kwan Leave a Comment

A group of investors led by Hong Kong-based Asia Pacific Land have sold the Shiba Park Building, once Japan’s most expensive en bloc asset, for a reported 150 billion yen ($1.4 billion), according to Tokyo-based brokerage Japan Property Central.

Asia… Read More>>

A group of investors led by Hong Kong-based Asia Pacific Land have sold the Shiba Park Building, once Japan’s most … Read more>>>

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