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Alpha Investment Partners CEO Alvin Mah

Singapore’s Alpha Buys Out Partner’s Stake in NYC Condo Project

2019/11/16 by James Hatton Leave a Comment

Singapore-based Alpha Investment Partners has agreed to buy out its partner’s stake in a luxury condo project in Manhattan’s Upper East Side just over three years after the joint venture began selling homes.

The private fund management division of Keppel… Read More>>

masa son tb

WeWork Losses More Than Doubled to Reach $1.25B in Third Quarter

2019/11/14 by Michael Cole Leave a Comment

Adding to the pain of the We Company’s IPO fail in September, the parent firm of shared workspace provider WeWork revealed in an investor presentation this week that its losses reached $1.25 billion in the third quarter of this year.

… Read More>>

Carrie Lam

COLI, Henderson, K Wah and Wharf Buy HK$15.95B Kai Tak Site at a Discount

2019/11/14 by James Hatton 1 Comment

As clashes between police and protesters in Hong Kong escalate, the largest piece of land on the site of the Asian financial hub’s former airport has been sold at a discount to a consortium of Hong Kong-listed developers.

The city’s… Read More>>

Suchad Chiaranussatti

SC Capital Buys Former Melbourne Police Complex for A$107M

2019/11/14 by James Hatton Leave a Comment

SC Capital Partners is set to make another purchase in Australia under its RECAP fund series, just one month after buying a retail portfolio in Sydney.

The Singapore-based private equity firm has entered a binding agreement to buy the former… Read More>>

Lui Chong Chee

BlackRock-Linked Entity Sells UK Student Digs to Far East Orchard for £66.5M

2019/11/13 by James Hatton Leave a Comment

A BlackRock-linked entity has agreed to sell a pair of student dorms in the UK to Singapore-listed property developer Far East Orchard for £66.5 million ($85 million).

The subsidiary of Far East Organization purchased the assets from a company that… Read More>>

stan tang hong kong

Stan Group Sets Sights on Kowloon Resi Project with Mongkok Compulsory Sale Bid

2019/11/13 by Jan Kot Leave a Comment

Stan Group has applied for the compulsory sale of a 50-year-old industrial building in Hong Kong’s Mongkok district, according to an account in the Hong Kong Economic Times.

The Hong Kong investment group, which manages a HK$60 billion ($7.7 billion)… Read More>>

lee-kok-sun gic

GIC JV Snaps Up Landmark Berlin Hotel for €126M

2019/11/12 by James Hatton Leave a Comment

Less than a month after GIC picked up a trophy office tower in Paris, the Singapore sovereign wealth fund has teamed up with Caleus Capital Investors to acquire a landmark hotel in Berlin in an off-market transaction.

The joint venture… Read More>>

Daniel Zhang

Alibaba Invests RMB 23B to Boost Stake in Cainiao Logistics Network

2019/11/12 by Jan Kot Leave a Comment

Alibaba has invested RMB 23.3 billion ($3.3 billion) in logistics affiliate Cainiao, raising its equity in the warehousing and shipping company from 51 percent to 63 percent.

The e-commerce giant said in a statement that the additional 12 percent shareholding… Read More>>

Centaline Commercial wong wai kee

Hong Kong Retail Leasing Dropped 43% in October Says Agency Report

2019/11/12 by Jan Kot Leave a Comment

Buildings made of concrete and steel are feeling the impact of the estimated 6,000 rounds of teargas released on the streets of Hong Kong in recent months, as a newly released report shows that the city’s descent into a police… Read More>>

Gaw Capital Sets Up Mainland Data Centre JV to Launch New Fund

2019/11/09 by Michael Cole Leave a Comment

Gaw Capital Partners has established a new joint venture with mainland data centre developer and operator Centrin Data to acquire, develop and operate hyperscale facilities in China, according to an announcement by the Hong Kong-based investment management firm on Friday.

… Read More>>

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