HNA Group, the operator of more than a dozen airlines including Hainan Airlines, has reached rarefied air once again after spending HK$8.8 billion ($1.13 billion) for a site near Hong Kong’s old international airport. Reuters reported that the site was… Read More>>
Blackstone Selling Hilton Stake to HNA for $6.5 Bil
Blackstone’s Jonathan Gray doesn’t speak much Mandarin, but he seems to know the right words for reaching Chinese investors, after the global head of real estate for the alternative investment giant agreed to sell a roughly 25 percent stake in… Read More>>
China’s HNA Buys 10 Seattle Golf Courses for $137 Million
Mainland conglomerate HNA Group is investing more than $137 million to acquire 10 Seattle area golf courses, according to a statement filed yesterday with the Hong Kong stock exchange. The acquisition adds to an October total of nearly $11 billion… Read More>>
China’s HNA to Buy Carlson Hotels Group and more Greater China Real Estate Headlines
The parent company of Hainan Airlines continued its battle for the “Big Chinese Investor” crown this week by picking up its own US hotel chain, while another big buyer, Wang Jianlin again lost his title as Asia’s wealthiest man to… Read More>>
China’s HNA Group Closes on ₤140M Canary Wharf Office Building
China’s HNA Group continued to expand globally this month by closing on a ₤140 million acquisition of 17 Columbus Courtyard, a building on London’s Canary Wharf.
The purchase of the 195,443 square foot (18,157 square metre) grade A office block… Read More>>
Blackstone Sells Tysan Stake to HNA for $337 Mil
US private equity giant Blackstone Group is exiting its investment in Tysan Holdings by selling its stake in the Hong Kong property developer to China’s HNA Group for HK$2.62 billion ($337 million) according to a statement by Tysan to the… Read More>>
Evergrande Lifts Sales Target by 20% and More China Real Estate Headlines 2015-11-11
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Evergrande Real Estate Lifts 2015 Sales Target by 20%
Chinese property developer Evergrande Real Estate Group Ltd raised its 2015 sales… Read More>>
Will a Chinese Bidder Win Starwood’s $12B Hotel Portfolio?
China’s biggest US acquisition ever could be on the way soon, as three mainland entities are said to have submitted proposals to acquire Starwood Hotels and Resorts Worldwide, with the New York Stock Exchange-listed company currently valued at nearly $12… Read More>>
China’s HNA Group Buys Reuters HQ Building in London
HNA Group, the parent company of China’s privately owned Hainan Airlines, jumped into the London real estate market this week by purchasing a ten-storey tower that is Reuters news agency’s European home.
HNA, which is chaired by Hainan Airlines founder… Read More>>
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