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sherman kwek CDL

CDL Makes £776M Buyout Offer for Millennium & Copthorne Hotels

2019/06/09 by James Hatton Leave a Comment

City Developments Limited has launched a £776 million ($989 million) takeover bid for London-listed Millennium and Copthorne Hotels (M&C) that values the Airbnb-challenged hotel chain at £2.2 billion, according to an announcement by the publicly listed flagship of the Hong… Read More>>

LEE_Chee_Koon CapitaLand

CapitaLand, CDL Complete S$400M Buy of PGIM Mall in SG and More Asia Real Estate Headlines

2019/06/04 by James Hatton Leave a Comment

A Singapore mall leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that two major property developers have paid the S$400M bill for their joint shopping expedition, while a Hong Kong-based private equity firm… Read More>>

JP Morgan Says HK Cooling Measures Miss Their Mark and More Asia Real Estate Headlines

2019/05/25 by James Hatton Leave a Comment

Escalating house prices lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a top US investment bank says Hong Kong house prices will continue to climb, despite the government’s cooling measures, and a… Read More>>

sherman kwek CDL

Singapore’s CDL Acquires Shanghai Complex as Part of $974M Mainland Deal

2019/05/15 by Jan Kot Leave a Comment

Singapore-listed City Developments Ltd today announced RMB 6.7 billion ($974 million) in new investments in mainland China, including plans to take a 24 percent stake in mainland developer Sincere Property Group, and the acquisition of a Shanghai commercial asset from… Read More>>

Wheelock Makes HK$4B in Biggest Housing Launch in 6 Years and More Asia Real Estate Headlines

2019/05/07 by James Hatton Leave a Comment

In today’s roundup of real estate headlines from Asia, Hong Kong’s housing rebound leads the way with home sales reaching new records over the weekend.

Elsewhere in the region, the investors behind an online to offline coffee startup seem eager… Read More>>

jil smith manulife us reit

Manulife US REIT Buying DC Area Offices for $122M and More Asia Real Estate Headlines

2019/05/01 by Michael Cole Leave a Comment

Most of the region is on holiday today, but there’s still news to report leading with developers and investors from Asia making acquisitions in the US, Europe and Australia.

In addition to a Singapore-listed REIT buying a pair of office… Read More>>

Lt-Gen (Retd) Winston Choo Wee Leong

CDL, Alpha JV Selling Singapore Office Blocks in S$395M Deal

2019/04/20 by Michael Cole Leave a Comment

City Developments Ltd (CDL) and Alpha Investment Partners have agreed to sell a suburban office project in Singapore at a reported S$395 million ($291.5 million) valuation, marking the second divestment from a joint venture between the listed developer and the… Read More>>

kwek-leng-beng

Wing Tai and Hong Leong-CDL JV Top Bidders for S$875M Pair of Singapore Sites

2019/03/31 by James Hatton Leave a Comment

Developers in tropical Singapore kept their cool at a couple of land tenders last week with a site near Bugis, at the fringe of downtown bringing 10 offers, while a second plot in the Geylang red light district attracted only… Read More>>

Kwek Leng Beng

CDL Affiliate First Sponsor Buys Dresden Hotel for €49.5M

2019/02/24 by Jesus Alcocer Leave a Comment

Singapore-listed hotel investment firm First Sponsor late last week announced the acquisition of the Westin Bellevue Hotel in Dresden, Germany for €49.5 million ($55 million), a purchase which adds to the close to €400 million the CDL Group affiliate has… Read More>>

Oakwood Arlington

Mapletree Buys DC-Area Serviced Apartments for $70M and More Asia Real Estate Headlines

2019/01/19 by Michael Cole Leave a Comment

Singapore keeps churning out the headlines today as China and Hong Kong slow down as the city-state’s Mapletree Investments makes another US purchase and a major real estate agency names a new MD in the Southeast Asian financial hub. Meanwhile… Read More>>

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