Asia real estate and outbound investment news
The flow of Singaporean investment into London’s real estate market continues, with sovereign wealth fund GIC on Monday announcing a deal to acquire ownership in a set of commercial projects in the Paddington area for £694 million ($883 million).
The… Read More>>
Singapore property tycoon Ong Beng Seng is raising some cash as the hospitality investor’s primary publicly traded vehicle announced the sale of a London hotel over the weekend.
Hotel Properties Ltd, which is 55.4 percent owned by Ong, said on… Read More>>
More than two years after first putting the property on the market, Chinese state-owned developer Poly Global has sold its 5 Fleet Place office building in the City of London for £191 million ($250.6 million), with a longtime Hong Kong… Read More>>
Guangzhou R&F Properties looks set to pare back its collection of assets in London’s Nine Elms regeneration area, as the cash-strapped developer has agreed to sell its Vauxhall Square mixed-use project to Hong Kong-based Far East Consortium (FEC) for £95.7… Read More>>
Li Ka-shing’s CK Asset has completed the sale of its 5 Broadgate building in London to South Korea’s National Pension Service (NPS) for £1.21 billion ($1.57 billion), marking the UK capital’s biggest property deal in almost five years.
The developer… Read More>>
Asian acquisitions of London commercial properties are reaching the highest levels of the market, with Singapore’s Ho Bee Land announcing this morning that it has agreed to purchase the Scalpel office tower in the UK capital’s primary business district for… Read More>>
Hong Kong-listed Chevalier International Holdings has agreed to buy a City of London office building for £45.9 million ($62.4 million), as Asian investors continue to do their high-end shopping in the UK capital’s real estate market.
The conglomerate is picking… Read More>>
Mainland Chinese developers continue to wind down their overseas holdings with the UK unit of Shanghai Greenland Group revealing to Mingtiandi that it has sold off the final two phases of a project which it purchased for £135.7 million ($184… Read More>>
Singapore’s Sun Venture has completed its acquisition of a freehold office building in central London from WeWork Capital Advisors for £148 million ($201 million), keeping up a string of acquisitions by Asian investors that helped drive a record 15 trades… Read More>>
Hong Kong developer K&K Property Holdings started off 2022 by picking up an office building in London’s West End from Sweden’s Stockholms Enskilda Bank for £66.1 million ($89 million), according to law firm Mayer Brown, which advised K&K on the… Read More>>
