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Wei Ping Shanghai United

Shanghai Private Equity Group Said Buying Sydney Hotel for A$140M

2017/05/22 by Michael Cole Leave a Comment

Shanghai United Real Estate Investment, a private equity firm set up by a team of mainland investors and developers, is said to be on the cusp of buying an Intercontinental Hotel in Sydney from its Singaporean owners for A$140 million… Read More>>

Goodwin Kenneth Gaw

Gaw’s Pioneer Global Invests $118.4 Mil in HK’s Intercontinental Hotel

2017/04/04 by Michael Cole Leave a Comment

Nearly two years after Gaw Capital led an investment consortium that acquired Hong Kong’s Intercontinental Hotel for $938 million, Pioneer Global Group, which is controlled by the city’s Gaw family, has agreed to invest $118.4 million to acquire an additional… Read More>>

Savills Alternaty Vietnam

Betting on Indochina Travel Boom, Savills Acquires Vietnam Hotel Advisors

2017/04/03 by Tyler Roney Leave a Comment

Savills Hotels, the hospitality arm of the LSE-listed international property consultancy, last week announced a merger with Saigon-based hotel and resort advisory firm Alternaty, aimed at strengthening the company’s hotel platform across the region. Financial terms of the deal were… Read More>>

David Chiu FEC

Far East Consortium Selling Kowloon Hotel to Nanjing Developer for HK$450M

2017/03/06 by Michael Cole Leave a Comment

A hotel subsidiary of Hong Kong’s Far East Consortium has agreed to sell a hotel in Hong Kong’s Mongkok area to a Nanjing-based developer for HK$450 million ($58 million) in the latest acquisition by Chinese real estate developers in the… Read More>>

Wee Cho Yaw

Singapore’s UOL Buys Melbourne Hilton from Host Hotels & Resorts JV for $175 Mil

2017/03/05 by Michael Cole Leave a Comment

Singapore-listed real estate conglomerate UOL Group continued to expand its hospitality holdings last week with the announcement of an agreement to purchase the Hilton Melbourne South Wharf hotel in Melbourne, Australia for A$230 million ($175 million).

UOL, which is the… Read More>>

Vienna House Prague

Thailand’s U City Buys European Hotel Chain for $349 Mil

2017/03/01 by Mingtiandi Team Leave a Comment

Asian money continued flow into global hospitality assets this week as a Thai real estate developer announced an agreement to buy a European hotel chain and associated properties for 330 million euros ($349 million).

U City Public Company Limited, which… Read More>>

Ji Qi

China Lodgings Holdings Buys Carlyle-Backed Crystal Orange Hotels for RMB3.65B

2017/03/01 by Michael Cole Leave a Comment

US private equity giant Carlyle Group achieved a successful exit from its investment in Crystal Orange Hotel Holdings when China Lodgings Holdings agreed to buy out its budget hotel rival for RMB 3.65 billion ($532 million), according to a statement… Read More>>

William Cheng Kai Man

Henderson Sells North Point Hotel to Son-in-Law for HK$1 Bil

2017/02/20 by Michael Cole Leave a Comment

Top Hong Kong real estate player Henderson Land Development Company has agreed to sell a hotel in the city’s North Point area to Shun Ho Property for HK$1 billion ($129 million), according to an announcement on Friday to the Hong… Read More>>

Asia Real Estate People in the News 2017-01-16

2017/01/16 by Michael Cole Leave a Comment

This week Asia’s crew of real estate people includes a hotel chief who’s put on his travelling shoes again, an investment broker headed back to Merry Olde, and a few more familiar faces in new places as we progress through… Read More>>

Mystery Buyer Of Asia’s Most Expensive Apartment Revealed and More Asia Real Estate Headlines

2016/11/22 by Cheyenne Hollis Leave a Comment

Wednesday is here and so too is another round of Asia’s top real estate headlines. Today sees the buyer of Asia’s most expensive unmasked while China Overseas Land and Dalian Wanda are dealing with unforeseen setbacks. Also in the news,… Read More>>

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