A joint venture between Greenland Group and the Shanghai government has agreed to sell one of the commercial towers in its RMB 100 billion ($14 billion) Greenland Bund Centre to Bank of Shanghai, just five months after Haitong Securities purchased… Read More>>
Korea’s Mirae, Hana, NH Face Losses as Witkoff’s $2.5B Vegas Casino Defaults
South Korea’s dalliance with US hotels has been derailed for the second time in five weeks, after a $2.5 billion Las Vegas strip project financed by a Seoul-based asset manager has defaulted on its debt obligations.
New York-based Witkoff, which… Read More>>
Chelsfield Closes $363M Asia Fund to Hunt for Downturn Bargains
Chelsfield Asia has closed its first value-add pan-Asia fund at $362.5 million, as the Asia arm of the UK developer readies to deploy dry powder in what CEO Nick Loup calls a “once-in-a-generation opportunity for investing”.
Alongside the $362.5 million… Read More>>
Allianz Expands Japan Multifamily Portfolio with €110M Tokyo Buy
Allianz Real Estate has braved the downturn in Japan to pick up a portfolio of multifamily properties in Tokyo for €110 million ($122 million), announcing the deal just weeks after the property investment arm of the European insurance giant opened… Read More>>
Tai Cheung Wins Site in Hong Kong’s Ap Lei Chau for HK$1.33B
Hong Kong developer Tai Cheung Holdings last week won a residential site on the city’s Ap Lei Chau island with a bid more than 14 percent above some analyst predictions, despite forecasts of slide property values in the city.
The… Read More>>
Phoenix Forced to Restructure Financing for 71,000 Sqm Shanghai Office Project
A fund managed by Phoenix Property Investors has been forced to restructure the capital structure for a commercial project in Shanghai’s Jing An district, according to an announcement to the Hong Kong stock exchange today as the COVID-19 crisis disrupts… Read More>>
Li & Fung Delists After Completing HK$7.2B GLP-Led Buyout
Consumer goods sourcing and distribution firm Li & Fung delisted from the Hong Kong stock exchange yesterday, ending a run of 28 years on the bourse through a buyout backed by Asia’s largest warehouse developer and fund manager that valued… Read More>>
Shui On Plans Xintiandi in the Suburbs with RMB 2.1B in Shanghai Land Buys
Shui On Land spent RMB 2.1 billion ($290 million) buying four parcels of land in Shanghai in just three days last week, as the developer assembles the pieces for an urban redevelopment project which it hopes will rival the success… Read More>>
HK-Listed Builder Buys Mong Kok Residential Site for HK$330M
Hong Kong-listed developer Vantage International has agreed to acquire an apartment building in Mong Kok for HK$330 million ($42.6 million), according to a local news report yesterday.
The company, which is part of the Vantage Group alongside its Able Engineering… Read More>>
Casino Magnate Stanley Ho Dies at 98
Gambling and property magnate Stanley Ho, whose lavish lifestyle and series of marriages had earned him celebrity status in Hong Kong, passed away yesterday at the age of 98, according to an announcement by the family.
The “King of Gambling”,… Read More>>
- « Previous Page
- 1
- …
- 394
- 395
- 396
- 397
- 398
- …
- 602
- Next Page »