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Chen Feng HNA

Faced with Financial Crisis, HNA Launches $1.5B Private Equity Fund

Chen Feng HNA

2018/04/25 by Shawna Kwan Leave a Comment

Needing to pay off $29 billion in financial liabilities by June 30th, embattled Chinese conglomerate HNA is seeking investors for a $1.5 billion investment vehicle so that the group can continue the acquisition streak that generated its current debt load,… Read More>>

Needing to pay off $29 billion in financial liabilities by June 30th, embattled Chinese conglomerate HNA is seeking … Read more>>>

Turochas Fuad spacemob

WeWork to Open Two Centres in Jakarta Amid SE Asia Growth Drive

Turochas Fuad spacemob

2018/04/25 by Greg Isaacson Leave a Comment

Global flexible office giant WeWork is ramping up its presence in Southeast Asia with an upcoming debut in Indonesia, potentially followed by Thailand, Malaysia and the Philippines by year-end, the company announced.

The $20 billion New York-based startup will open… Read More>>

Global flexible office giant WeWork is ramping up its presence in Southeast Asia with an upcoming debut in Indonesia, … Read more>>>

Anthony-Couse

JLL Picks up Project and Construction Management Firm JCL in Manila

Anthony-Couse

2018/04/25 by Greg Isaacson Leave a Comment

Global real estate consultancy JLL is boosting its operations in the Philippines by scooping up a Manila-based project and construction management firm with over 40 staff.

JLL has acquired JCL International, which is led by senior partners John Morgan and… Read More>>

Global real estate consultancy JLL is boosting its operations in the Philippines by scooping up a Manila-based project … Read more>>>

Esprit Causeway Bay

Esprit Bails on HK$2M Per Month Causeway Bay Flagship Store

Esprit Causeway Bay

2018/04/25 by Shawna Kwan Leave a Comment

Hong Kong-listed fashion brand Esprit Holdings will not renew the lease for its flagship store in Causeway Bay, according to local media reports.

The lease for the 7,000 square foot (650 square metre) store in Leighton Centre at 77 Leighton… Read More>>

Hong Kong-listed fashion brand Esprit Holdings will not renew the lease for its flagship store in Causeway Bay, … Read more>>>

Arizona Biltmore

Blackstone Buys Arizona Biltmore from GIC for $403M and More Asia Real Estate Headlines

Arizona Biltmore

2018/04/25 by Greg Isaacson Leave a Comment

Leading today’s roundup, Singaporean sovereign wealth fund GIC is reported to have sold the Arizona Biltmore hotel, part of Hilton’s Waldorf Astoria collection, to a Blackstone fund after acquiring the historic resort in 2013. Overseas investment is also in the… Read More>>

Leading today's roundup, Singaporean sovereign wealth fund GIC is reported to have sold the Arizona Biltmore hotel, part … Read more>>>

Payson Cha Hanison

Hanison Said to Buy Kowloon Workshop and More Hong Kong Real Estate Headlines

Payson Cha Hanison

2018/04/25 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, just a month after snapping up an industrial building in Kwai Chung, Hanison Construction has reportedly purchased another workshop on the other side of Kowloon for HK$420 million.

Also in the headlines, a… Read More>>

Leading today’s Hong Kong real estate news, just a month after snapping up an industrial building in Kwai Chung, Hanison … Read more>>>

Wang Yonghong Zhonghong

Chinese Developer Defaults on $364M in Debt One Year After $449M Blackstone Deal

Wang Yonghong Zhonghong

2018/04/24 by Shawna Kwan Leave a Comment

Less than one year after its offshore affiliate paid $449 million to buy a stake in Seaworld from Blackstone, and just nine months after that same unit failed in its $4 billion bid to buy out US senior living operator… Read More>>

Less than one year after its offshore affiliate paid $449 million to buy a stake in Seaworld from Blackstone, and just … Read more>>>

Lewis Tung

HK$660M Sale of Floor in Admiralty Office Tower Breaks Hong Kong Price Record – Again

Lewis Tung

2018/04/24 by Shawna Kwan Leave a Comment

Less than two weeks after a floor in 9 Queen’s Road Central claimed the title as the city’s most expensive strata-titled property, a floor in Far East Finance Centre has reportedly broken that short-lived price record.

The 33rd floor of… Read More>>

Less than two weeks after a floor in 9 Queen’s Road Central claimed the title as the city’s most expensive strata-titled … Read more>>>

R&F Breaks Ground on $570M Melbourne Project and More Asia Real Estate Headlines

2018/04/24 by Greg Isaacson Leave a Comment

Leading today’s roundup, Guangzhou-based developer R&F Property has started work on the first phase of a large-scale regeneration project in suburban Melbourne that could bring up to 1,450 homes to the market. Also in the news, China has unveiled the… Read More>>

Leading today's roundup, Guangzhou-based developer R&F Property has started work on the first phase of a large-scale … Read more>>>

Knight Frank Builds Overseas Project Marketing Team with Twin Hong Kong Hire

2018/04/24 by Greg Isaacson Leave a Comment

Global property consultancy Knight Frank is bringing a pair of cross-border sales specialists on board to market residential projects in the UK to buyers in Hong Kong. Mei Wong and Fiona Priest are joining the company’s Hong Kong office to… Read More>>

Global property consultancy Knight Frank is bringing a pair of cross-border sales specialists on board to market … Read more>>>

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