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Chanel creative director Karl Lagerfeld

Chanel’s Karl Lagerfeld to Design 270-Room Macau Hotel

2014/03/10 by Michael Cole Leave a Comment

Fashion guru Karl Lagerfeld is going to design a hotel in Macau, as one of the fashion world’s iconic figures turns his attention to a new style sector.

The Chanel mogul is adding to his extensive list of talents – which already include drawing and helicopter design – by turning his hand to architecture and creating a 270-room hotel in Asia’s gambling mecca, Macau.

According to a recent press report, the fashion designer says that he’s turning to hotel design only because he was tired to buying more houses.

Dalian Wanda Buys One Nine Elms

Chinese to Account for 10% of Global Hotel M&A by 2017

2014/02/19 by Michael Cole 2 Comments

A market analysis report released this month by international real estate advisor Savills, predicts that Chinese investors will increase their share of global cross border hotel acquisitions from the current level of 4% to 10% by 2017.

The report predicts… Read More>>

The Melbourne Park Hyatt

Hong Kong’s Fu Wah Group Buys Melbourne Park Hyatt for A$135m

2014/01/22 by Michael Cole Leave a Comment

A privately owned Hong Kong real estate developer added to the flood of Chinese money into Australia this week by picking up the Melbourne Park Hyatt Hotel for a reported A$135 million (US$119.78 million).

The five star hotel is located near Melbourne’s Parliament House at 1 St Andrews Place and was developed in 1999 by Lustig & Moar at a cost of $150 million. The sale involves both the 240 room Park Hyatt hotel and an adjoining commercial car park.

Grant Kelley CDL Singapore

PE Veteran Grant Kelley Takes Over at Singapore Developer

2014/01/20 by Michael Cole Leave a Comment

City Developments Ltd, the Singapore-listed developer which owns the Millennium & Copthorne hotel chain, moved to internationalise its operations on Friday with the appointment of Apollo Global Management real estate head Grant Kelley as its new chief executive.

Kelley has… Read More>>

China Home Price Growth Slowing Say Surveys – Today’s China Real Estate Links | January 3, 2014

2014/01/03 by Michael Cole Leave a Comment

Here is a list of the day’s latest China real estate news collected from around the web:

  • China Home Price Growth Slowing Say Surveys

    Chinese property prices rose again in December, according to two private surveys, but… Read More>>

  • Sunac China Says Sales Rising 11 Percent to $8.2 Billion – and more of Today’s China Real Estate Links | October 22, 2013

    2013/10/22 by Michael Cole Leave a Comment

    Here is a list of the day’s latest China real estate news collected from around the web:

  • Sunac China Says Sales Rising 11 Percent to $8.2 Billion

    Real estate Sunac China Holdings Ltd. expects home sales to… Read More>>

  • MGM Grand Las Vegas

    4 US Investments for Dalian Wanda Owner Wang Jianlin

    2013/09/17 by Michael Cole Leave a Comment

    Billionaire real estate developer Wang Jianlin dominated the headlines last week as he was named China’s richest man by Forbes, and announced his intention to invest US$5 billion per year outside of China for the next five years.

    “Every year… Read More>>

    Wanda Owner Wang Jianlin Is Now China’s Richest Person – and more of Today’s China Real Estate Links | September 10, 2013

    2013/09/10 by Michael Cole Leave a Comment

    Here is a list of the day’s latest China real estate news collected from around the web:

  • Dalian Wanda Owner Wang Jianlin Is Now China’s Richest Person

    Wang Jianlin, the Chinese billionaire best known in the U.S…. Read More>>

  • Dalian Wanda Chairman Wang Jianlin

    Dalian Wanda Announces 2 US$1Bil Hotels – Chairman Says Failure is Their Tuition

    2013/06/30 by Michael Cole 1 Comment

    With two announcements of plans for billion dollar hotels during the month of June, China’s Dalian Wanda group is making clear that it intends to create its own global hotel brand.

    The hotel investments include US$1.1 billion to develop a… Read More>>

    China Industrial Profits Increased 5.3% in 2012 – and more of today’s China Real Estate Links | January 29, 2013

    2013/01/29 by Michael Cole Leave a Comment

    Here is a list of the day’s latest China real estate news collected from around the web:

  • China Industrial Profits Increased 5.3% in 2012

    In 2012, the industrial profits of enterprises above designated size achieved 5,557.8 billion yuan,… Read More>>

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