GIC has sold its 17.5 percent stake in the UK’s fifth largest mall to London-based developer and property investor Land Securities Group (Landsec) for £120 million ($152 million), with the Singaporean sovereign fund taking a 62 percent haircut on its… Read More>>
Chinese Estates Marketing Office Block in London’s Mayfair for $172M
Chinese Estates Holdings has put up for sale an office block in London’s posh Mayfair area, as the developer formerly controlled by fugitive tycoon Joseph Lau seeks to shore up liquidity following a 93 percent net profit plunge last year.
Singapore PE Firm Buys Central London Hotel for $51M Value-Add Project
A Singapore private equity firm has acquired a central London hotel for a refurbishment project with an expected end value of S$70 million ($51.7 million), as Asian investors continue to target hospitality assets in the British capital.
Prima Asset Management,… Read More>>
Hong Kong Tycoons Marketing London West End Office Block for $172M
A private investment vehicle backed by some of Hong Kong’s biggest property tycoons has slashed the asking price for a prime office building in London’s prestigious St James’ district, after the property’s value fell as much as 18.5 percent from… Read More>>
Guangzhou R&F Avoids London Default as Project Sale to CC Land Boss Moves Forward
Guangzhou R&F Properties (R&F) this week averted default on an £800 million project loan for its One Nine Elms development in southwest London, signing a deal to sell the $1.3 billion UK condo and hotel project after winning consent from… Read More>>
Singapore’s Sun Venture Expands into Hospitality With London Hotel Buy
Singapore investment manager Sun Venture has made its first hospitality bet by acquiring a 280-key hotel in central London from UK asset manager Resolution Property for less than £100 million ($126.5 million), according to market sources familiar with the transaction.
CDL Buying $111M London Co-Living Project From Bridges Fund Management
City Developments Ltd (CDL) continues to ramp up its presence in the UK’s build-to-rent sector with the Singaporean property giant announcing this week that it has acquired a £88 million ($111 million) rental residential project in West London’s White City… Read More>>
Receivers Sell London Office Tower Seized From China’s Cheung Kei for 60% Off
An office block on London’s Canary Wharf which was once a trophy for the chairman of China’s Cheung Kei Group is being sold by receivers for £110 million ($134 million) — 60 percent less than what the mainland investor paid… Read More>>
Guangzhou R&F Selling $1.3B London Project to CC Land Chairman for 13 Cents
Cheung Chung-kiu has once again come to the rescue of his Chinese billionaire builder brethren, with the chairman of mainland developer CC Land inking a preliminary agreement to buy a $1.3 billion London project from Guangzhou R&F Properties for HK$1… Read More>>
Cindat-CITIC Capital London JV Taken Over by Receivers
A stalled luxury apartment project in London’s prestigious Mayfair district which had been backed by Chinese real estate private equity firm Cindat Capital Management and CITIC Capital has gone into administration after defaulting on a loan from an Apollo Global… Read More>>
- « Previous Page
- 1
- 2
- 3
- 4
- 5
- …
- 20
- Next Page »