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Greenland Group Puts LA Condo Tower on the Block for $450M in US Pullback

2018/02/25 by Greg Isaacson Leave a Comment

The purchase of the $1 billion Metropolis project by China’s Greenland Group in 2013 was one of the early milestones in an outbound real estate investment wave that put the Shanghai-based developer onto a global stage, beside co-stars such as… Read More>>

The purchase of the $1 billion Metropolis project by China's Greenland Group in 2013 was one of the early milestones in … Read more>>>

Wu Xiaohui Anbang

Chinese Government Seizes Control of Anbang as Boss Charged with Fraud

Wu Xiaohui Anbang

2018/02/25 by Greg Isaacson Leave a Comment

The Chinese government now has direct control of the Waldorf Astoria hotel in New York, as the country’s insurance regulator formally takes over the hotel’s embattled owner, Beijing-based Anbang Insurance Group.

Anbang, which had scooped up the famed Manhattan property… Read More>>

The Chinese government now has direct control of the Waldorf Astoria hotel in New York, as the country’s insurance … Read more>>>

payson cha ming sou

Hanison Sells 50% Stake in Kowloon Office Tower for $102M – Buyer Said to Be PAG

payson cha ming sou

2018/02/24 by Shawna Kwan Leave a Comment

Nine months after attempting to sell off a Cheung Sha Wan building by public tender, Hanison Construction surprised the market with the HK$800 million ($102 million) sale of a 50 percent stake in the PeakCastle commercial building in Hong Kong.

… Read More>>

Nine months after attempting to sell off a Cheung Sha Wan building by public tender, Hanison Construction surprised the … Read more>>>

la perla thumbnail

Causeway Bay Landlord May Evict La Perla After Lingerie Shop Skimps on $1.2M in Rent

la perla thumbnail

2018/02/23 by Shawna Kwan Leave a Comment

Italian lingerie brand La Perla is poised to lose its flagship store in Hong Kong’s prime Causeway Bay shopping district, after allegedly defaulting on HK$9.21 million ($1.18 million) in rent.

After the high-end bra brand threw a star-studded party to… Read More>>

Italian lingerie brand La Perla is poised to lose its flagship store in Hong Kong's prime Causeway Bay shopping … Read more>>>

Kowloon Centre Floor Sold for HK$220M and More Hong Kong Real Estate Headlines

2018/02/23 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, a floor leased to a restaurant in Tsim Sha Tsui’s Kowloon Centre was sold for HK$220 million ($28 million). Also in the headlines, a shop in Mong Kok saw a 64-fold price increase… Read More>>

Leading today’s Hong Kong real estate news, a floor leased to a restaurant in Tsim Sha Tsui's Kowloon Centre was sold … Read more>>>

Ivanhoé Cambridge Targets $630M in India Deals and More Asia Real Estate Headlines

2018/02/23 by Greg Isaacson Leave a Comment

Leading today’s real estate news, Ivanhoé Cambridge is looking to double its real estate investments in India — if it can find the right sites. Further east, a famed American toy retailer plans to roll out stores in Beijing and… Read More>>

Leading today's real estate news, Ivanhoé Cambridge is looking to double its real estate investments in India -- if it … Read more>>>

Indian PE Giant Xander Group Buys Bangalore Office Tower For $55M

2018/02/22 by Shawna Kwan Leave a Comment

GIC was reported to be buying an office portfolio in Bangalore for $200 million earlier this week, and it appears that the Singaporean sovereign wealth fund is not the only investor betting on the continuing growth of the southern India… Read More>>

GIC was reported to be buying an office portfolio in Bangalore for $200 million earlier this week, and it appears that … Read more>>>

Joseph Lau Chinese Estates

Chinese Estates Recorded 42% Drop in Profits Last Year and More Hong Kong Real Estate Headlines

Joseph Lau Chinese Estates

2018/02/22 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, tycoon Joseph Lau may fly high in his private 787, but his company, Chinese Estates, hit a downdraft last year that pulled profits down 42 percent in 2017. Also in the headlines, saw… Read More>>

Leading today’s Hong Kong real estate news, tycoon Joseph Lau may fly high in his private 787, but his company, Chinese … Read more>>>

CDL London Stag Brewery

CDL Submits Plans for £1.25B London Project and More Asia Real Estate Headlines

CDL London Stag Brewery

2018/02/22 by Michael Cole Leave a Comment

As Asia gets back to work after the lunar new year holiday, the region’s investors are making the headlines in both London and Sydney as we head into the year of the dog. Also in the news, two more Singapore… Read More>>

As Asia gets back to work after the lunar new year holiday, the region’s investors are making the headlines in both … Read more>>>

HNA Chen Feng

HNA Pledges HK$3B Stake in Kai Tak Developer to PAG in Return for Loan

HNA Chen Feng

2018/02/21 by Shawna Kwan Leave a Comment

What was once the site of one of Asia’s most challenging airports is rapidly turning into a lifesaver for China’s debt-addled HNA Group after the mainland conglomerate announced a deal yesterday that could provide it with a loan of as… Read More>>

What was once the site of one of Asia’s most challenging airports is rapidly turning into a lifesaver for China’s … Read more>>>

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