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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>>

Andrew Moore Pamfleet

Is Pamfleet Betting on a Retail Rebound with Reported HK$600M Kowloon Deal?

2017/01/31 by Michael Cole Leave a Comment

Hong Kong real estate investment manager Pamfleet has agreed to acquire a commercial building in Hong Kong’s Tsim Sha Tsui on behalf of its Pamfleet Fund II for a price approaching HK$600 million, according to sources familiar with the pending… Read More>>

Adam Gallistel GIC

Singapore’s GIC Buys Deutsche Bank NYC Headquarters for $1.04 Bil

2017/01/25 by Michael Cole Leave a Comment

GIC has agreed to purchase a 95 percent stake in a New York office building for $1.04 billion, according to a statement this week by the Singaporean sovereign wealth fund.

The Southeast Asian mega-investor acquired 60 Wall Street from New… Read More>>

Stephen Schwarzman Blackstone

Blackstone Plans New $5B Asia Real Estate Fund

2017/01/23 by Michael Cole Leave a Comment

America’s biggest landlord is getting ready to build up its portfolio in Asia as Blackstone Group prepares to raise at least $5 billion for a new real estate fund focused on the region, according to a story in Reuters today… Read More>>

Chen Hongtian

4 Chinese Cities Now Among World’s Least Affordable for Home Prices

2017/01/23 by Michael Cole Leave a Comment

2016 was supposed to be the year that Hong Kong housing prices began to tumble, but the only thing falling seems to be new sales records for expensive flats, as an independent survey shows the city’s homes to be the… Read More>>

ding xuedong

No Capital Controls Here! China’s CIC Set to Boost US Investments in 2017

2017/01/17 by Michael Cole Leave a Comment

Despite reports of capital controls and a slackening in outbound investment, the head of China’s largest sovereign wealth fund expects the guardian of China’s foreign reserves to invest more in the US in 2017 than it did in 2016.

China… Read More>>

Wanda Way

Dalian Wanda Revenues Drop 14% Despite Global Expansion Spree

2017/01/15 by Michael Cole Leave a Comment

Dalian Wanda Group chairman Wang Jianlin has used his status as China’s richest man to offer speeches and books on the way he built a local real estate company in northern China into one of the world’s largest property developers.

… Read More>>

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