A consortium led by Malaysia’s IGB has sold a 732-key hotel in the West End of London for £220 million ($296.5 million), the developer announced Monday.
The disposal of St Giles Hotel London resulted in a net gain for IGB… Read More>>
Mitsubishi Estate Sells Stake in $403M London Office Building to Daibiru
Daibiru Corp has acquired what it calls a major stake in a London office building reportedly put on the market last year for £300 million ($403.2 million) by the seller, fellow Japanese property player Mitsubishi Estate.
The eight-storey Warwick Court… Read More>>
Singapore’s CDL Buys Central London Holiday Inn for $370M
City Developments Ltd has acquired a 706-key Holiday Inn hotel in central London’s Kensington area for £280 million ($370 million), expanding the Singaporean builder’s hospitality footprint in the upscale district.
CDL picked up Holiday Inn London Kensington High Street through… Read More>>
Hong Kong Investor Lai Wing-to Sells London Building to Aberdeen for Reported $160M
Hong Kong property investor Lai Wing-to has sold a mixed-use building in London’s posh West End to Scottish asset manager Aberdeen for a reported £120 million ($160 million).
Known as the “Ten Billion Shop King” for earning his fortune through… Read More>>
Singapore’s Centurion Makes London Debut With $55M Student Housing Site Buy
Centurion Corp has acquired a development site for a student housing project in central London for £41 million ($54.8 million), marking the Singaporean builder’s first property in the UK capital.
Centurion plans to develop a 225-bed purpose-built student accommodation at… Read More>>
Labubu-Maker Pop Mart Buys Building in London’s West End for $86M
A Chinese toy maker is showing London’s upper crust that funny dolls can be turned into serious real estate with a company linked to Hong Kong-listed Pop Mart picking up a mixed-use building in the UK capital, according to market… Read More>>
Singapore’s Hoi Hup Wins Approval for Central London Office Complex
Singapore-based Hoi Hup Realty has won approval for an office-led redevelopment aiming to deliver 370,000 square feet (34,374 square metres) of workspace near the City of London.
The City of London Corporation granted planning consent for the project comprising three… Read More>>
Mitsubishi Estate Starts Construction on $1.7B Pair of London Office Projects
Japanese property giant Mitsubishi Estate has begun construction of two wholly owned London office projects with a combined development cost of JPY 248 billion ($1.7 billion).
The projects involve the redevelopment of the former ITV head office and studios on… Read More>>
CC Land Boss Sells Off London Office Project as Chinese Investors Continue UK Exodus
A mainland billionaire has walked away from plans to redevelop a London trophy project, selling a West End office block for a fraction less than the 2015 purchase price as Chinese investors continue to dispose of properties in the UK… Read More>>
Hong Kong’s Far East Consortium Sells UK Hotel Project to AMTD IDEA Group for $57M
Far East Consortium International has agreed to sell a partially completed London project to controversial Hong Kong finance firm AMTD IDEA Group for £47.2 million ($57.2 million), as the developer continues to shed UK properties.
FEC International is selling its… Read More>>
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