China Oceanwide is set to give up another slice of its property holdings in Hawaii, with the cash-strapped mainland developer agreeing to sell its Kapolei West residential site on the island of Oahu to a local firm for $92.9 million.
China Evergrande Mainland Listing Plan Fizzles and More Asia Real Estate Headlines
Four years after undertaking a $19.7 billion plan to achieve a back-door listing on a mainland exchange, China Evergrande’s announcement of that scheme’s failure leads Mingtiandi’s collection of real estate news from around the region.
Also in the news, Canada’s… Read More>>
Blackstone Said Buying Maui Resort From Singapore’s GIC for $1.1B
Singapore’s GIC is said to be selling a Waldorf Astoria-branded resort in Hawaii to Blackstone Group for $1.1 billion, marking the second-biggest sale of a single hotel in US history.
The sovereign wealth fund has reportedly reached an agreement with… Read More>>
China Oceanwide Makes a $103 Mil Splash With Deal for 3rd Hawaiian Site
There hasn’t been this much action in Hawaii since Magnum PI parked his Ferrari. But in 2016 the stories of the island paradise are centred around Asian real estate developers instead of mustachioed private detectives, after China Oceanwide Holdings announced… Read More>>
South Korea’s Mirae Splashes Out $756M to Buy Waikiki Resort From Blackstone
Hyatt Regency Waikiki Beach Resort & Spa is known for offering guests views of Hawaii’s pristine blue ocean waters, and the resort’s new owners, Mirae Asset, are hoping to see another color — green.
The South Korean financial services firm… Read More>>
Colony Seals Deal with China’s Oceanwide to Bring Atlantis Resort to Hawaii
US hotels and resorts continue to be a target for Chinese investors after one of the mainland’s biggest property developers recently signed a deal with Kerzner International to develop a super-luxury Atlantis resort on the Hawaiian island of Oahu.
China’s… Read More>>
China Real Estate News Around the Web 2015-09-21
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Sunac Drops Yurun Talks as 3rd Takeover Bid Fizzles
Sunac China Holdings Ltd., the Chinese developer that dropped a takeover bid… Read More>>