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Frasers Centrepoint Buys UK Business Parks From Oaktree for $906M

2017/09/12 by Greg Isaacson Leave a Comment

Singapore-listed Frasers Centrepoint is taking a bet on British business parks by acquiring a portfolio of five UK properties around London and Glasgow, Scotland for £686 million ($906.2 million).

The international property firm is purchasing the 4.9 million square foot… Read More>>

Wang Jianlin Wanda

Wanda Flips Newly Purchased $605M London Site to R&F, CC Land

2017/08/22 by Greg Isaacson Leave a Comment

Dalian Wanda Group today said that it no longer has possession of a £470 million London housing project, with sources familiar with the newly transferred property indicating that the Chinese developer has transferred the Nine Elms Square site to a… Read More>>

Wanda Wang Jianlin

Wanda Moves Forward With $605M London Deal Despite Govt Curbs

2017/08/22 by Greg Isaacson 2 Comments

China’s clampdown on outbound investment hasn’t stopped Wanda Group from moving ahead with at least one overseas real estate project, as the Beijing-based conglomerate has completed its £470 million ($605.3 million) acquisition of Nine Elms Square in London.

Wanda has… Read More>>

abp opening tb

ABP Opens Hong Kong Office to Market $2.2B London Project

2017/08/01 by Michael Cole Leave a Comment

Beijing-based developer Advanced Business Park (ABP) has officially opened an office in Hong Kong, as the business park specialist markets its plan to develop a new business district in London to companies throughout the region.

Launched at a reception in… Read More>>

Hong Kong Sauce Maker Buys London’s Walkie Talkie for Record $1.7B

2017/07/29 by Greg Isaacson Leave a Comment

Sauce maker Lee Kum Kee Group is the latest Hong Kong investor to stir up the London real estate market, buying a landmark office tower in the City of London for £1.3 billion ($1.7 billion), the highest price ever paid… Read More>>

Chen Hongtian Cheung Kei

Mainland Developer Cheung Kei Buys Canary Wharf Office for $530M

2017/07/25 by Greg Isaacson Leave a Comment

Shenzhen’s Cheung Kei Group has recently completed the biggest real estate deal in London’s Canary Wharf since 2014, buying up a 12-storey prime office building in the financial district for £410 million ($530 million).

Undeterred by mainland China’s tightening controls… Read More>>

Dalian Wanda Wang Jianlin

Wanda Agrees to Buy London Site for $595M Despite Credit Crackdown

2017/06/26 by Greg Isaacson 2 Comments

China’s banking regulator may have ordered a review of Dalian Wanda’s borrowing practices, and the mainland has instituted controls on cash outflows since late last year, but that hasn’t stopped China’s richest man from agreeing to spend £470 million ($595… Read More>>

tang yong CR Land

CR Land Adds $385M Acquisition to $4.7B in Chinese London Deals in 4 Months

2017/05/29 by Greg Isaacson Leave a Comment

China Resources Land has made its first major overseas investment, partnering with a European REIT to acquire a trophy office building in the City of London for £300 million ($384.6 million). The Shenzhen-based, Hong-Kong listed property developer teamed up with… Read More>>

London Gherkin

HK’s Lee Kum Kee Shopping for London’s Gherkin and More Asia Real Estate Headlines

2017/05/20 by Michael Cole Leave a Comment

Leading today’s real estate headlines, a Hong Kong sauce maker may add a pickle-shaped London tower to its portfolio of flavors, as more of the city’s investors shop for Brexit bargains in the UK. Also in the news GLP reports… Read More>>

Lu Wing Chi

Hong Kong’s SEA Holdings Buys Prime London Building for $334M

2017/05/18 by Greg Isaacson Leave a Comment

SEA Holdings has become the latest in a string of Hong Kong investors to wager on London’s property market, agreeing to purchase a nine-storey office building in the British capital for £258 million ($334.4 million), the company confirmed this week…. Read More>>

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