China Overseas Land and Investment (COLI) yesterday announced the third major change in its senior leadership over the past six months, replacing chairman Xiao Xiao with Yan Jianguo, according to a statement to the Hong Kong stock exchange by the… Read More>>
Phoenix’ Sale of Kowloon’s Kwun Tong View Confirmed at $225M
Hong Kong-base real estate investment house Phoenix Property Investors has sold Kwun Tong View for $225 million (HK$1.99 billion) to a local private investor, according to a recent announcement by Colliers International, which represented Phoenix in the asset disposal.
The… Read More>>
Kushner Family Leverage Trump Connections in Mainland EB-5 Push
Donald Trump may have campaigned against immigration when he ran for president, but the family of White House advisor and First-son-in-law Jared Kushner is promoting immigration to the US as part of their own campaign to drum up $150 million… Read More>>
Benoy’s Parc Central in Guangzhou Wins Gold at ICSC China Awards
Hong Kong Developer Sun Hung Kai only opened its Parc Central shopping centre in Guangzhou last year, but the 83,000 square metre (900,000 square foot) mall has already been recognised at its fourth award event in its young life.
This… Read More>>
James Hall Takes Top Spot for Asia with Colliers’ International Properties Team
As Asia continues to grab apartments and houses around the globe with both hands, Colliers International has promoted James Hall to Managing Director and head of its International Properties team for Asia, based in Hong Kong.
“James is a well-respected… Read More>>
Tishman Speyer Signs $1.4B Deal with Chinese Online Wealth Manager Creditease
American real estate developer Tishman Speyer signed a funding agreement with the wealth management arm of China’s fintech heavyweight CreditEase this week which could provide the US company with as much as $1.4 billion in funding from Chinese consumers.
The… Read More>>
Fosun Buys Out French Property Investment Firm for $48M
Fosun Property Holdings, the property investment and management arm of China’s Fosun Group, has inked an agreement to take over PAREF, a French property owner and manager, for around $48 million, according to an announcement from the Paris-based firm.
Following… Read More>>
Blackstone and Sime Darby Selling Singapore’s Sime Darby Centre to Tuan Sing for $260M
Singaporean property developer Tuan Sing Holdings has agreed to purchase the Sime Darby Centre commercial building from Stephen Schwarzman’s Blackstone and Malaysia’s Sime Darby Group for S$365 million ($260 million), according to a statement from Tuan Sing to the Singapore… Read More>>
HNA Set to Snatch Up 1.5m SQM of Warehouse Interests in $1b CWT Deal
China’s acquisition-happy HNA has captured global headlines again this week with its S$1.39 billion ($990 million) offer for Singaporean logistics services company CWT. Should the mainland conglomerate succeed in that nearly billion dollar buy, HNA would also instantly make itself… Read More>>
Link REIT Buys Guangzhou Mall from Gaw and Morgan Stanley for RMB 4.1B
Asia’s largest real estate investment trust just agreed to acquire its third mainland property, as Link REIT purchased Metropolitan Plaza in Guangzhou from funds controlled by Gaw Capital and Morgan Stanley for RMB 4.1 billion ($589 million), according to a… Read More>>
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