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Christian Lee WeWork-02

WeWork Launches Lan Kwai Fong Tower Location in Hong Kong’s Central

2018/12/18 by Jan Kot Leave a Comment

The world’s most valuable co-working provider launched its WeWork LKF Tower on Tuesday in Hong Kong’s famed nightlife district, Lan Kwai Fong.

The $42 billion shared space startup’s latest centre is housed in the former Hotel LKF at 33 Wyndham… Read More>>

Aropa hotel Seoul

Singaporean Investor Buys Seoul Hotel for $31M

2018/12/18 by Vincent Morkri Leave a Comment

Singapore-listed Datapulse Technology has announced that it has agreed to purchase the 127-room Hotel Aropa in Seoul for KRW 35 billion ($31 million), becoming the second Singaporean firm within the past month to acquire a Korean hotel, despite fears of… Read More>>

David Schaefer

AEW JV Buys Beijing Office Tower From Hopson for RMB 4.5B — Exclusive

2018/12/14 by Jan Kot Leave a Comment

A joint venture led by real estate investment manager AEW has purchased a 21-storey office tower in Beijing for a total compensation of RMB 4.5 billion ($654 million), according to sources familiar with the transaction who spoke with Mingtiandi.

AEW joined… Read More>>

george hongchoy link reit

Gaw Capital, Goldman Sachs, Blackstone Buy HK Retail Assets From Link REIT for HK$12B

2018/12/12 by Michael Cole Leave a Comment

Gaw Capital Partners is leading a consortium of investors, including Goldman Sachs and Blackstone in buying a portfolio of 12 shopping centres from Hong Kong’s Link REIT for HK$12.01 billion ($1.54 billion), according to an announcement today by the manager… Read More>>

Liu Wei Hande Group

Warburg Pincus Sets Up $1B JV for China Real Estate Special Situations

2018/12/12 by Michael Cole Leave a Comment

Warburg Pincus announced today that it has formed a $1 billion joint venture with a Beijing-based asset management firm for investing in distressed and “special situations” real estate opportunities in mainland China.

The US private equity firm revealed the latest… Read More>>

Zhou Zheng

COFCO Property Wins Approval To Buy Back Joy City for $2.15B

2018/12/05 by Jan Kot Leave a Comment

COFCO Property has been given a green light by the China Securities Regulatory Commission (CSRC) to buy back a controlling 64.18 percent stake in Hong Kong-listed commercial real estate developer Joy City Property for RMB 14.76 billion ($2.15 billion), re-integrating… Read More>>

Weijian Shan PAG

PAG Joins Firms Leaving Hong Kong’s Central for Cheaper Pastures

2018/12/05 by Emma Zhou Leave a Comment

Ever-climbing office rents in Hong Kong’s Central district have prompted yet another finance company to change business locales, with private equity firm PAG signing a deal with Swire Properties to lease two floors in Three Pacific Place in Admiralty.

The… Read More>>

naked model floorplan

Amid China Property Downturn, A Naked Grab For Attention

2018/12/04 by Vincent Morkri Leave a Comment

Chinese property firms’ naked grab for publicity has bared for all in the mainland an indecorous and unsurprisingly effective marketing peccadillo: the use of nude young women to sell splashy hot condos.

As China’s real estate market takes a turn… Read More>>

Humbert-Pang gaw

Gaw, Quadreal Buy Shanghai’s Ocean Towers From ARA for RMB 3B

2018/11/30 by Michael Cole Leave a Comment

Gaw Capital Partners announced today that the private equity firm, through a fund under its management and in league with partners including British Columbia’s QuadReal Property Group, have acquired the Ocean Towers office building in Shanghai.

The consortium purchased the… Read More>>

CBRE Appoints Alan Li as President of China Business

2018/11/28 by Michael Cole Leave a Comment

CBRE announced today that it has appointed Alan Li as president of CBRE China, promoting the head of its investment services division to the top spot with the agency’s mainland team.

Stepping immediately into his new role as the company’s… Read More>>

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