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Longfor Co-Founder’s Junson Capital Buying $800M in US Hotels From MassMutual’s Barings

2018/02/04 by Shawna Kwan Leave a Comment

Hong Kong-based Junson Capital, a private equity real estate investment firm controlled by Longfor Properties co-founder Cai Kui is buying a portfolio of US hotels from MassMutual’s Barings subsidiary for as much as $800 million, according to media reports.

Barings’… Read More>>

Zhang Yuliang

Greenland Group Said Hawking LA Hotel for $280M Amid US Pullback

2018/02/04 by Greg Isaacson Leave a Comment

China’s Greenland Group is reportedly shopping the hotel within its flagship mixed-use project on the US west coast only 10 months after it opened, in the latest sign of overseas strains for the state-owned property firm.

Greenland USA, the company’s… Read More>>

Samsung SRA Returns to City of London with $457M Office Buy

2018/02/04 by Shawna Kwan Leave a Comment

Korean institutional investors have chalked up another cross-border property deal, with a unit of Samsung buying a London office building for an estimated price of up to £320 million ($457 million).

Samsung SRA Asset Management, the real estate investment arm… Read More>>

Guo Shuqing CBRC

China’s CBRC Warns on Using M&A Loans for Land Grabs

2018/02/04 by Shawna Kwan Leave a Comment

China’s banking watchdog is clamping down on lending for land deals in Shanghai, amid a central government campaign to deleverage the property sector. A circular recently issued by the Shanghai branch of the China Banking Regulatory Commission (CBRC) has warned… Read More>>

Edward Cheng Wing Tai

Wing Tai Sells Wan Chai Commercial Building to Winland for HK$2.85B

2018/02/01 by Shawna Kwan Leave a Comment

Hong Kong-based Wing Tai Properties has sold off a commercial building in the city’s Wan Chai area for HK$2.85 billion ($364 million) to local property investment firm Winland Group, according to an announcement by Wing Tai today to the Hong… Read More>>

Hongkong Land and Central Group Buy UK Embassy Site in Bangkok for $595M

2018/02/01 by Shawna Kwan 2 Comments

Thanks to its chummy relations with the UK’s colonial-era governments, developer Hongkong Land owns much of the prime real estate in the former British colony that it calls home. Now that the sun has set on Britain’s empire in the… Read More>>

Facebook, Baker Mac Help Swire Pre-Lease Over Half of One Taikoo Place

2018/02/01 by Shawna Kwan Leave a Comment

Over half the space in Swire Properties’ new office tower in its flagship Taikoo Place development has already been leased out, chief executive Guy Bradley announced at the project’s topping out ceremony in Hong Kong’s Quarry Bay today.

Among the… Read More>>

Ho Shut Kan (Steven) Kerry

Steven Ho Shut Kan Takes Over from Wong Siu Kong as CEO of Kerry Properties

2018/02/01 by Greg Isaacson Leave a Comment

Steven Ho Shut Kan is taking charge as CEO of Kerry Properties, replacing Wong Siu Kong, who will remain as chairman of the Hong Kong-listed developer.

Announced on Wednesday, the leadership change is effective today. Ho, aged 69, served as… Read More>>

Zhu Jiusheng Vanke

Vanke Appoints Finance Specialist Zhu Jiusheng as President and CEO

2018/02/01 by Greg Isaacson Leave a Comment

Top five mainland developer China Vanke has named Zhu Jiusheng as its president and chief executive officer, taking over the roles from chairman Yu Liang. The move was unanimously approved by Vanke’s board, according to a filing by the Hong… Read More>>

Chang Sun TPG

TPG-China Lodging JV Buys Pair of Beijing Hotels From Ascendas Hospitality Trust for $186M

2018/01/31 by Shawna Kwan Leave a Comment

US private equity firm TPG has formed a joint venture with China Lodging Group, a NASDAQ-listed Chinese hotel group also known as Huazhu Hotels, to purchase a pair of hotels in Beijing for a total of RMB 1.18 billion ($186… Read More>>

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