Shrugging off Brexit concerns, City Developments Limited (CDL) had added another trophy asset to its London collection. The Singapore-listed developer announced on Friday that it has acquired a prime office tower in London from Blackstone for £385 million ($493.99 million) —… Read More>>
Sun Hung Kai Bets Big on London with £1B Residential Project
Hong Kong’s largest developer has made one of the biggest bets of the year on London’s housing market as a joint venture led by Sun Hung Kai Properties has purchased a pair of sites in the UK capital with plans… Read More>>
Gaw Capital JV Buys 50% Stake in Spanish Hotel Chain for €125M
Gaw Capital Partners announced on Wednesday its €125-million ($146 million) acquisition of a 50 percent stake in Spain’s Hospes Hotel Group through a joint venture formed by its European Hospitality Fund I and Spanish investment company Omega Capital, as the… Read More>>
Swire Adds Residential Project To Its Miami Portfolio
Hong Kong-based developer Swire Properties is expanding its US footprint by teaming up with a Colombian businessman to build a condo tower across the street from its Brickell City Centre project in downtown Miami.
Swire will develop a 72,000 square… Read More>>
Gaw Capital Partners Buys Former Playboy Studio in Los Angeles
Asia’s sexiest real estate investment firm is taking a risqué bet with its latest US investment as Gaw Capital Partners buys a facility formerly used to produce videos of Playboy bunnies.
The Hong Kong-based private equity firm has purchased a… Read More>>
Nan Fung Buys $361M London Complex as HK-UK Love Affair Goes On
Hong Kong-based Nan Fung Group is said to be buying a 250,000 square foot complex in London for £270 million ($361 million), according to a report in the UK’s Estates Gazette.
The privately-owned Hong Kong firm is buying the Regent… Read More>>
Singapore’s Ho Bee Makes Offer for $265M London Office Block
Singapore’s Ho Bee Land is stepping up the scale of its British acquisitions, as the property group is said to be making a play for a £200 million ($265 million) office block in the City of London. The impending deal… Read More>>
Grosvenor Sells West End Trophy to Hong Kong Scion for $202M
Brexit may yet prove to have dire consequences for the UK, but it hasn’t stopped the kingdom’s royals from making a profitable property play this month, as the Duke of Westminster’s real estate firm sells off a West End commercial… Read More>>
Angela Leong Said To Buy London Office Building for $338M
Casino billionaire Angela Leong has reportedly become the latest Hong Kong investor to bet on London’s property market, scooping up a historic building in the city’s Midtown district for around £250 million ($338 million).
Leong, the fourth wife of Macau… Read More>>
China’s State Council Puts Outbound Real Estate Deals on Endangered List
China’s State Council issued new rules on Friday spelling out restrictions on overseas investments by Chinese entities, which specifically target transactions involving real estate, hotels and other areas where mainland companies have become dominant cross-border players over the past five… Read More>>
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