A Hong Kong tycoon has acquired a London hotel for GBP 70,300,000 ($92.9 million) just in time for the UK to begin leaving the European Economic Union, a move which is expected to take the air out of a frothy… Read More>>
China Overseas Land to Buy London’s Helicon Building for $200M
China Overseas Land and Investment (COLI) is set to become the second Chinese real estate developer to purchase an office tower in London within the last month according to a report published on Friday.
One of China’s top five developers… Read More>>
China’s Poly Group Buys London Office Block from ADIA for $209M
China’s Poly Real Estate Group has become the latest mainland developer to enter the UK market after confirming this week that it has purchased 5 Fleet Place in London for £145m ($208.6M).
The acquisition from sovereign wealth fund Abu Dhabi… Read More>>
Taiwan’s Shin Kong in £140M London Deal and More China Real Estate Headlines 2015-11-12
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Taiwan’s Shin Kong Insurance in £140m London Acquisition
Taiwanese life insurance giant Shin Kong Life is to make its maiden acquisition… Read More>>
Gaw Adds London Office Complex and SG Hotel to Growing List of Deals
Private equity real estate firm Gaw Capital Partners has added another $921 million in new deals to its growing list of cross-border property acquisitions by picking up an office block in London and a hotel in Singapore, according to media… Read More>>
China Vanke Buys 20% Stake in $1.16B London Project
The mainland’s second largest developer by sales took its first step into the UK property market recently when China Vanke reportedly invested more than £30 million ($46.4 million) to acquire a stake of just over 20 percent in a London… Read More>>
$1.5 Bil Chinese Project in London Loses Financing After China Minsheng Bails
A £1 billion ($1.5 billion) project to build a centre for Chinese businesses in London is facing an uncertain future after Beijing-based Advanced Business Park’s primary financial backer announced this week that it was putting its investment in the redevelopment… Read More>>
HK Tycoon Henry Cheng Plans £8.4B London Luxury Project
Henry Cheng, chairman of Hong Kong’s New World Development, won approval this week to build 15,000 new homes in London as part of a £8.4 billion ($13 billion) project.
Cheng’s proposal for redeveloping London’s Greenwich Peninsula was given the go-ahead… 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>>
Chinese Billionaire Buys Goldman Sachs London HQ
Hui Wing Mau, the billionaire chairman of Shanghai-based real estate developer Shimao Holdings, has officially become a player in the European market with his purchase of a central London office complex.
Hui, who has already acquired commercial real estate assets… Read More>>