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Chen Feng pressure

HNA Sells Two Kai Tak Sites To Henderson Land For $2B

Chen Feng pressure

2018/02/13 by Shawna Kwan Leave a Comment

China’s HNA Group has sold a pair of land parcels at Hong Kong’s former airport site in Kai Tak to Henderson Land for HK$16 billion ($2 billion), less than fifteen months after buying the residential plots for a record HK$14.2… Read More>>

China's HNA Group has sold a pair of land parcels at Hong Kong’s former airport site in Kai Tak to Henderson Land for … Read more>>>

Anbang Wu Xiaohui

Blackstone May Buy Back $9.5B in Assets Sold to Anbang – At the Right Price

Anbang Wu Xiaohui

2018/02/13 by Greg Isaacson Leave a Comment

Blackstone Group was a primary supplier to Anbang Insurance Group’s headlong effort to become one of China’s biggest buyers of overseas assets. Stephen Schwarzman’s alternative investment giant sold no less than $9.5 billion in real estate and shares to the… Read More>>

Blackstone Group was a primary supplier to Anbang Insurance Group's headlong effort to become one of China's biggest … Read more>>>

Shenzhen Fund Investment Pushes Co-Working Unicorn Ucommune Value to $1.4B

2018/02/13 by Shawna Kwan Leave a Comment

Chinese co-working startup Ucommune, formerly known as UrWork, is now valued at over RMB 9 billion ($1.4 billion) following a new investment of RMB 110 million ($17 million) from an existing backer, according to the company’s official Wechat account.

The… Read More>>

Chinese co-working startup Ucommune, formerly known as UrWork, is now valued at over RMB 9 billion ($1.4 billion) … Read more>>>

Poly Global Arthur Wang

China Poly Picks $103M London Project for First UK Housing Deal

Poly Global Arthur Wang

2018/02/13 by Greg Isaacson Leave a Comment

Guangzhou-based Poly Real Estate Group has won its first residential project in the UK, purchasing a site in the north London suburb of Mill Hill where it plans to build 706 homes.

Poly UK, the local subsidiary of the state-owned… Read More>>

Guangzhou-based Poly Real Estate Group has won its first residential project in the UK, purchasing a site in the north … Read more>>>

Wanda One Circular Quay Fire

Samsung Unit Pays $656M for Seoul Office Asset and More Asia Real Estate Headlines

Wanda One Circular Quay Fire

2018/02/13 by Greg Isaacson Leave a Comment

Leading today’s roundup, the real estate investment arm of Samsung Life Insurance has scooped up a twin-tower office complex in downtown Seoul, paying a record price per square metre for a commercial building in the city. Meanwhile in Sydney, Dalian… Read More>>

Leading today's roundup, the real estate investment arm of Samsung Life Insurance has scooped up a twin-tower office … Read more>>>

Walter Kwok Grabs HK$6B Clubhouse and More Hong Kong Real Estate Headlines

2018/02/13 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, former Sung Hung Kai chairman Walter Kwok has put down HK$6 billion to redevelop a 50-year-old clubhouse, and a project headed by a former sidekick of Richard Li has started selling off office… Read More>>

Leading today’s Hong Kong real estate news, former Sung Hung Kai chairman Walter Kwok has put down HK$6 billion to … Read more>>>

HNA Chen Feng

HNA Grabs $3.2B Loan Lifeline From China CITIC Bank

HNA Chen Feng

2018/02/12 by Shawna Kwan Leave a Comment

HNA Group is said to have missed loan payments to China CITIC Bank in December, but that reported financial stumble didn’t stop the state-owned lender from handing its struggling client a new RMB 20 billion ($3.2 billion) credit facility last… Read More>>

HNA Group is said to have missed loan payments to China CITIC Bank in December, but that reported financial stumble … Read more>>>

Ping An-Backed Outlet Mall Developer Plans $453M Singapore REIT IPO

2018/02/12 by Shawna Kwan Leave a Comment

Chinese retail developer and operator Sasseur Group, which is backed by Ping An Real Estate and Warburg Pincus, plans to cash in on its collection of four mainland outlet malls by listing a real estate investment trust on the Singapore… Read More>>

Chinese retail developer and operator Sasseur Group, which is backed by Ping An Real Estate and Warburg Pincus, plans to … Read more>>>

Asia Real Estate People in the News 2018-02-12

2018/02/12 by Greg Isaacson Leave a Comment

Capital markets dominate this week’s people moves, with a seasoned real estate executive joining a Singaporean private equity firm as portfolio manager, and the CEO of a REIT manager stepping down. A serviced office brand has just welcomed a leasing… Read More>>

Capital markets dominate this week's people moves, with a seasoned real estate executive joining a Singaporean private … Read more>>>

Jeff Perlman Warburg Pincus

Warburg Pincus Teams with VN Developer for $200M Industrial JV

Jeff Perlman Warburg Pincus

2018/02/12 by Greg Isaacson Leave a Comment

Global private equity firm Warburg Pincus is teaming up with Vietnamese state-owned builder Becamex IDC Corp to create the largest logistics and industrial real estate developer in the country, with an investment of over $200 million.

The new venture, BW… Read More>>

Global private equity firm Warburg Pincus is teaming up with Vietnamese state-owned builder Becamex IDC Corp to create … Read more>>>

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