…ral European investment firm J&T Finance Group. In September 2015, CEFC purchased the former Land Bank (Živnostenská banka) building in central Prague, and shortly thereafter signed a deal to scoop up the five-star Le Palais Art Hotel Prague. The following August, the company was cleared by Czech authorities to buy the five-star Mandarin Oriental hotel in the capital city from Singapore-based Hotel Properties Limited. CEFC extended the shopping sp…
Search Results for: one chase manhattan plaza
Chevalier Buys 20 Houses in Shatin for HK$403M and More Hong Kong Real Estate Headlines
…nging retail landscape. The appeal of Hang Lung’s Gala Place and Hollywood Plaza has been in decline in the face of stiff competition from nearby Langham Place, owned by Champion Reit, and New World Development’s recently opened The Forest mall, according to Helen Mak, head of retail services at Knight Frank. Read more>> Dufry Wins Duty-Free Contract for West Kowloon Station Swiss-based travel retailer Dufry has won the five-year duty-free concess…
Soho China Plans Spin Off of Co-working Business 3Q
…merging commercial district of Shanghai for RMB 3.6 billion ($525 million) in last June. And earlier in July 2016, the Beijing developer sold Soho Century Plaza, a commercial project in Pudong district, for RMB 3.2 billion ($485 million)….
Johnny Lu Shao Joins Gaw Capital in Shanghai
…i. Gaw was also active in disposals last year, as Hong Kong’s Link REIT purchased Metropolitan Plaza in Guangzhou from funds controlled by Gaw Capital and Morgan Stanley for RMB 4.1 billion ($589 million) in April. At the end of the year, Gaw Capital exited its investment in the Cross Tower in Shanghai, selling that Huangpu district asset to a core property fund controlled by local real estate private equity firm World Union Investment Management…
Carlyle Asia Real Estate Head Jason Lee Said Exiting as Firm Refocuses on China
…Plaza office tower in Shanghai, which China Vanke reportedly planned to purchase three years later for RMB 2.46 billion ($368.9 million). The US firm also scooped up a minority stake in shopping malls in Suzhou and Hangzhou in the same year, and purchased an 80 percent stake in a portfolio of nine commercial projects from China Vanke in 2014. In addition to its office and retail trades, Carlyle has tapping into China’s booming logistics sector by…
China’s Outbound Ambitions Not Done Yet as Beijing Builder Eyes $204M London Prize
…ording to its corporate website. Beijing Zhaotai’s projects include U-Town Plaza, a 380,000 square metre mixed-use complex in Beijing’s Chaoyang district; Fortune Time Mansion, an office building in the city’s financial street; and Shuijingtang Alley, a tourism property in the western Chinese city of Chengdu. City of London Market Still Going Strong Asian property investors are bullish on the City of London, with brokerage Savills having estimated…
Yanlord Land Invests $1.2B in Pair of Tianjin Residential Projects
…ment. Shanghai-Based Developer Bullish on Tianjin Market Yanlord Riverside Plaza in Tianjin “This latest acquisitions represent a continuation of our strategic initiative to further expand our footprint within the Bohai Rim,” commented Yanlord chairman and CEO Zhong Sheng Jian in a stock exchange announcement. “A key economic centre and one of China’s richest cities, Tianjin’s rapid pace of growth presents significant potential for the development…
Turning Nanjing’s Historic Waterfront into a Social Shopping Hub Sponsored Feature
…Parc Central in Guangzhou, redesigned the industrial site into a cultural plaza ringed by historical factories, retaining the original form of the heritage buildings while adding new modern blocks. Due to start construction this year, the project will also offer landscaped gathering areas at the edge of the Yangtze River, next to Da Qiao Park and the 1908 vintage Nanjing West Railway station which is set to become a railway museum. Paying homage…