China State Construction International (CSCI), a Hong Kong-registered subsidiary of China State Construction Engineering (CSCEC) has teamed up with another mainland investor to acquire a retail project along Macau’s landmark Senado Square for HK$800 million ($102 million). The deal by… Read More>>
US alternative investment giant Blackstone announced today that it has acquired a minority stake in Hong Kong-based private equity firm PAG for an undisclosed sum.
The deal between Stephen Schwarzman’s 33-year-old investment firm and its new Asian-focused partner expands Blackstone’s… Read More>>
Mainland developer Fullsun International has acquired five floors in a Kowloon East office project from CSI Properties and Phoenix Property Investors for HK$1.3 billion ($169 million), a filing by the company shows. Fullsun’s announcement of the deal comes just a week… Read More>>
CSI Properties is reportedly close to acquiring a commercial building in the Jordan area of southern Kowloon, Hong Kong for HK$2.45 billion ($312 million).
The Hong Kong-based developer operated by Mico Chung Cho-yee is locked in exclusive talks to buy… Read More>>
A group of investors led by Hong Kong-based Asia Pacific Land have sold the Shiba Park Building, once Japan’s most expensive en bloc asset, for a reported 150 billion yen ($1.4 billion), according to Tokyo-based brokerage Japan Property Central.
Asia… Read More>>
Hong Kong-listed mainland property developer Fullsun International has agreed to purchase a residential project in Ho Man Tin, an upmarket residential area in central Kowloon, for HK$920 million ($117 million), according to a filing to Hong Kong Stock Exchange.
The… Read More>>
Mainland media magnate Jia Yueting’s LeEco may be about to suffer another setback in its battle to climb out of a RMB 16.8 billion ($2.7 billion) debt hole, as a Hong Kong online streaming unit of the Beijing-based conglomerate is… Read More>>
Cash-strapped HNA has grabbed another lifeline from a Hong Kong developer to help crawl its way out of debts estimated at $100 billion. In the latest attempt to bail out its balance sheet, the Hainan-based conglomerate agreed to sell one… Read More>>
Payson Cha’s Hanison Construction Holdings has teamed up with an unnamed investor to buy an industrial building in Hong Kong’s Kwai Chung area for HK$720 million ($92 million), the developer announced Wednesday, as the city’s biggest logistics hub continues to be… Read More>>
As China’s biggest investors were warned off from overseas deals last year and a crackdown on outbound cash killed off cross-border real estate acquisition, Hong Kong still seemed a safe-haven for mainland money. But nothing changes faster in 2018 than… Read More>>