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Mark Yip CDL China

Singapore’s CDL Acquires Shanghai Commercial Project for RMB 900M

2017/02/14 by Michael Cole Leave a Comment

Singapore’s City Developments Ltd (CDL) has acquired a 32,000 square metre commercial project near Shanghai’s Hongqiao transportation hub in its second real estate investment in the mainland megacity in less than one month.

CDL’s wholly owned subsidiary, CDL China Limited… Read More>>

Wang Jianlin

Dalian Wanda Denies Interest in €6 Bil German Bank Acquisition

2017/02/13 by Michael Cole Leave a Comment

Dalian Wanda Group, the property and entertainment conglomerate run by China’s richest man, Wang Jianlin, today denied reports that it was preparing a bid for Germany’s Postbank.

In a statement on its website, the Chinese firm said, “Media reports that… Read More>>

Madeleine Cosgrave GIC

GIC Invests in $283M UK Student Housing JV

2017/02/12 by Michael Cole Leave a Comment

Singapore’s GIC has acquired its third European student housing project in five months as the sovereign wealth fund announced on Friday that it has agreed to invest in a £227 million ($283.5 million) joint deal for a complex at Aston… Read More>>

DBS Manulife

DBS Sells Singapore’s PWC Building to Manulife for $526 Mil

2017/02/12 by Michael Cole Leave a Comment

DBS Group has sold the PwC Building in Singapore’s financial district to Canadian insurer Manulife for an agreed value of S$747 million ($525.7 million) according to an announcement on Friday to the city’s stock exchange.

The deal for the 28-storey… Read More>>

Li Sze-Lim

China’s Guangzhou R&F Takes on $4.8B Australian Megaproject

2017/02/09 by Mingtiandi Team Leave a Comment

Chinese real estate giant R&F Properties has added to its string of more than 15 overseas projects by signing an A$6.3 billion ($4.8 billion) deal to build around 10,000 homes in Brisbane, Australia.

The development heavyweight signed an agreement earlier… Read More>>

JI Changqun

Mainland Developer Buying Singapore’s GSH Plaza for S$725 Mil

2017/02/07 by Michael Cole Leave a Comment

Fullshare Holdings, a Nanjing-based property developer known for it astounding share price performance, announced this week that it has entered into agreement to buy GSH Plaza, a prime office building in Singapore’s Raffles Place for S$725.2 million ($512 million).

The… Read More>>

Edward Cheung

DTZ Name is No More as C&W Updates China Branding

2017/02/06 by Michael Cole Leave a Comment

Property consultancy Cushman & Wakefield has unified its branding worldwide, with the company once known in much of Asia as DTZ/Cushman & Wakefield dropping the first three letters of its name as of today.

With the trustworthy global brand and… Read More>>

kwek-leng-beng

Singapore’s CDL Buys £222M London Project in 10th UK Deal

2017/02/05 by Michael Cole Leave a Comment

Singapore-listed City Developments Limited (CDL) has taken its latest bet on the UK real estate market by acquiring a site in London’s Battersea district for £58 million ($72.4 million).

CDL purchased the freehold Ransomes Wharf site on the south bank… Read More>>

Pua Seck Guan

Stanley Ho’s Shun Tak Pays $216M for 61% Stake in Orchard Road Commercial Complex

2017/02/02 by Michael Cole 2 Comments

Billionaire Stanley Ho’s Shun Tak Holdings has made its first major commercial acquisition in Singapore after the Hong Kong-listed company acquired a 61 percent stake in a commercial project along the city’s famed Orchard Road commercial strip.

Shun Tak paid… Read More>>

Chen Feng HNA

China’s HNA Adds to $14B US Total with $360M Chicago Office Deal

2017/02/01 by Michael Cole Leave a Comment

HNA Group is reportedly acquiring a 50-storey Chicago office tower for nearly $360 million as the mainland conglomerate adds to its tally of more than $14 billion in US acquisitions over the past year.

An HNA affiliate has agreed to… Read More>>

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MTD TV

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