South Korea continues to push its way back into the investment target area today as a $400 million Seoul office tower is said to receive bids from Singapore’s GIC and London-based M&G. Slightly to the south and west, Houston-based Hines… Read More>>
Cheung Kei Pays $363M for Former Bear Stearns London Office in Second UK Deal
Chinese developer Cheung Kei Group has made its second London real estate play by buying a Canary Wharf office building for £270 million ($363 million), adding another deal to this year’s surge of Asian investment in the city.
The Shenzhen-based… Read More>>
APG Asset Management Hires Graeme Torre to Head Private Real Estate for Asia
APG Asset Management has hired Graeme Torre as Head of Private Real Estate, Asia Pacific, based in Hong Kong. Torre also now serves on the board of APG Investments Asia Limited and APG Asset Management’s global real estate management team,… Read More>>
Phoenix Announces Sale of Pair of Hong Kong Properties for Combined $322M
Phoenix Property Investors seized the opportunity presented by Hong Kong’s surging real estate market by announcing the sale of a pair of properties in the city this week for a combined $322 million.
The two disposals by the private equity… Read More>>
HNA Seeks to Sell Offshore Real Estate Holdings After Mainland Crackdown
After making more than $30 billion in cross-border acquisitions, China’s HNA Group says that it is trying to sell some of its offshore holdings, particularly real estate, after it was targetted for credit checks by mainland authorities earlier this year…. Read More>>
Gaw and Goldman Team Up to Buy 17 Link REIT Retail Centers for $2.9B
Hong Kong’s Gaw Capital has made itself a major player in Asia’s real estate investment scene and now the family run private equity firm has teamed up with a consortium that includes US investment bank Goldman Sachs for its biggest… Read More>>
Grosvenor Buys Ginza Shopping Tower in Maiden Japanese Retail Play
Britain’s Grosvenor Group is moving into the Japanese retail sector by picking up a 10-storey shopping tower in Tokyo’s Ginza district, adding to the company’s more than HK$6.8 billion ($871 million) in real estate assets under management in Asia Pacific.
Greenland’s Hollywood Dreams Turn to Dust in Latest US Setback
A Chinese real estate giant isn’t the first act from out of town to have its hopes turn into roadkill on LA’s boulevard of broken dreams, but that may not make Shanghai’s Greenland Group feel any better about its latest… Read More>>
BOC, Guorui Lead $465M Mainland Surge in London Office Deals This Month
Three mainland Chinese firms are buying up office properties in the City of London financial district this month for a total of £352.5 million ($465 million), in a flurry of deals revealed last week.
An affiliate of Beijing Guorui Holdings… Read More>>
Sino Land, Wheelock and Shimao Lead Team Deal for $2.2B Hong Kong Waterfront Site
The Hong Kong government has awarded a waterfront site in Cheung Sha Wan to a consortium of five Hong Kong and mainland developers for HK$17.28 billion ($2.21 billion), breaking price records for residential land in the city.
The winning consortium,… Read More>>
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