HNA Group has sold its last asset in the UK to Hong Kong-based investment firm Sun Hung Kai & Co and Australia’s Macquarie Group for £100 million ($129 million), with the troubled mainland conglomerate completing its business Brexit while UK… Read More>>
Cindat, Oaktree Close on Acquisition of Reuters Building in London From HNA
Beijing-based Cindat Capital Management has teamed with Oaktree Capital Management to acquire 30 South Colonnade, an office building on London’s Canary Wharf from China’s financially challenged HNA Group, Mingtiandi has come to understand.
Although financial details of the transaction have… Read More>>
Gaw Teams with Korean Investors for £36M London Office Buy
Gaw Capital Partners has agreed to acquire 4 and 5 Harbour Exchange in London for GBP 36.2 million ($47 million) the Hong Kong-based private equity firm said in a joint announcement on Wednesday with vendor Clearbell Capital.
A spokesperson for Gaw… Read More>>
Hong Kong’s Kingboard Buys KPMG London HQ for $533M
A Hong Kong laminate maker has headed back to London to buy the Canary Wharf headquarters of financial consulting firm KPMG.
Hong Kong-listed Kingboard Chemical Holdings (KCH) has agreed to buy 15 Canada Square from KPMG and its real estate… Read More>>
Cheung Kei Pays $363M for Former Bear Stearns London Office in Second UK Deal
Chinese developer Cheung Kei Group has made its second London real estate play by buying a Canary Wharf office building for £270 million ($363 million), adding another deal to this year’s surge of Asian investment in the city.
The Shenzhen-based… Read More>>
Mainland Developer Cheung Kei Buys Canary Wharf Office for $530M
Shenzhen’s Cheung Kei Group has recently completed the biggest real estate deal in London’s Canary Wharf since 2014, buying up a 12-storey prime office building in the financial district for £410 million ($530 million).
Undeterred by mainland China’s tightening controls… Read More>>
China’s HNA Group Closes on ₤140M Canary Wharf Office Building
China’s HNA Group continued to expand globally this month by closing on a ₤140 million acquisition of 17 Columbus Courtyard, a building on London’s Canary Wharf.
The purchase of the 195,443 square foot (18,157 square metre) grade A office block… Read More>>
De Niro, Scorcese and Mariah Carey Stop by Macau to Open Studio City Complex
A star-studded crew of celebrities, including actor Robert De Niro and singer Mariah Carey, stopped by Macau on Wednesday to open Macau Studio City, a new integrated resort that seeks to meld Hollywood themed entertainment with a 1,600-room hotel and… Read More>>
Greenland Plans 67-Storey London Tower and More China Real Estate Headlines 2015-10-10
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Greenland Group Plans Europe’s Tallest Residential Tower in London
Plans for what would be the tallest residential tower in western Europe… Read More>>
Chinese Spent $3.32B on London Property in 2014 Says Savills
Chinese buyers are now the second biggest foreign investors in London’s booming property market, having spent £2.2 billion ($3.32 billion) on real estate in the UK’s capital last year.
In a report published this week, UK-based property consultancy Savills found… Read More>>