Asia Pacific real estate investment news and information
Mori Trust has acquired the hotel, office and retail portion of a skyscraper in New York City’s Hudson Yards megaproject for $541 million, marking the Japanese developer’s second real estate investment in Manhattan.
Privately held Mori Trust purchased the first… Read More>>
A limited liability company represented by a Hong Kong private equity executive has purchased a 6,300 square foot luxury condo in the heart of Manhattan for $61.6 million, as US luxury residential assets continue to attract wealthy Asian buyers on… Read More>>
A US arbitrator has ordered HNA Group to pay more than $185 million to SL Green, an investor in the Chinese conglomerate’s bankrupt Manhattan skyscraper, after the joint venture partners fell out over their failure to replace a departed anchor… Read More>>
A legal tussle between China Vanke and its partner in a Manhattan real estate project took a dramatic turn this week as their creditor, Chinese banking giant ICBC, moved to foreclose on the joint venture’s midtown high-rise.
ICBC on Tuesday… Read More>>
Korea’s National Pension Service and US developer Hines have teamed up to buy a 49.5 percent stake in a $2.3 billion New York redevelopment that lead architects Kohn Pederson Fox are billing as one of the jewels of 21st century… Read More>>
Mainland China developer Hopson Development Holdings is poised to make its first overseas acquisition after agreeing to buy a stalled residential project in New York for $113.5 million, according to a company announcement to the Hong Kong stock exchange.
With… Read More>>
HNA Group confirmed today that it has sold a majority stake in a Manhattan office building, as the financially hobbled mainland conglomerate races to sell assets and raise cash.
The parent company of China’s Hainan Airlines said that it had… Read More>>
Cash-strapped HNA Group is said to be in talks to sell a Manhattan office building for $452 million — taking a haircut on its remaining New York real estate asset — after the US government reportedly ordered the Chinese firm… Read More>>
HNA has already sold more than $17 billion in assets in 2018, but even that hypersonic rate of disposals may not be fast enough for the US government, which is now said to have given the Chinese conglomerate an ultimatum… Read More>>
HNA Group is said to be selling off a controlling stake in its Manhattan office tower at 245 Park Avenue to real estate investment trust SL Green Realty, amid a panic sale of more than $14.5 billion in assets by Chinese… Read More>>
