A room for a night at Soho House Chicago will set you back about $365. Membership in the posh private club at the same address will cost you at least $2,100 per year. Or you can buy the whole building… Read More>>
Asia Real Estate People in the News 2017-10-30
In this week’s edition of People in the News, an investment banking veteran with real estate know-how is taking a top job in the wealth management field in Singapore, while a couple of industry pros are joining mainland developers. An… Read More>>
$72M Penthouse Seen Testing Singapore Luxury Market and More Asia Real Estate Headlines
Leading today’s real estate headlines in the region is a pricey Singaporean penthouse that comes with its own private pool, as the Lion City tests its nascent real estate recovery. Also in the news, China’s leading builder of outlet malls… Read More>>
Sino-Ocean Land Buys SF Office Building From Gaw Affiliate for $42M
Beijing-based Sino-Ocean Land has become the latest Chinese developer to bet on the Bay Area real estate market, after the state-owned giant bought a San Francisco office asset from Goodwin Gaw’s Downtown Properties, according to an account in TheRegistry.com.
Sino-Ocean,… Read More>>
Gemini Rosemont Chooses Seattle Office Complex for 3rd US Acquisition
A joint venture real estate platform backed by Hong Kong’s Gemini Investments has made its third US acquisition this year, picking up a 480,389 square foot (45,000 square metre) office complex in suburban Seattle for an undisclosed sum.
Gemini Rosemont,… Read More>>
KKR and Sino-Ocean Go on $191M Outlet Mall Spree in China
In the US, the Friday after Thanksgiving is the biggest shopping day of the year as consumers throng malls looking for holiday bargains.
For US private equity pioneer KKR and Chinese developer Sino-Ocean, Black Friday’s combined bill came to $191… Read More>>
K Wah Boss Baffled By HK Market After Losing 16 Land Bids and More Asia Real Estate Headlines
In today’s real estate headlines even one of Hong Kong’s most established property tycoons is feeling the pressure as the city’s land prices soar at the same time that home prices slide. Meanwhile, the city’s biggest developer denies reports it… Read More>>
Anbang Pays $420M to Up Sino-Ocean Stake and More China Real Estate Headlines 2015-12-17
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Anbang Pays $420M to Up Sino-Ocean Stake
Anbang Insurance Group Co. paid HK$3.3 billion ($420 million) to raise its stake in… Read More>>
Wharf Sells 6% Stake in Sino-Ocean to Mystery Buyer for $284M
The battle for shares in China’s largest property developers surged to a new level late last week after Hong Kong real estate giant Wharf Holdings revealed on Thursday that it would be selling its 5.93 percent stake in Sino-Ocean Land… Read More>>
Chinese Developer Gets Go-Ahead for $146M Sydney Tower Project
ICD Property, a Chinese-owned developer based in Australia, has won approval along with a local builder for a A$200 million ($146 million) project to redevelop the site of a social club in Sydney into a 48-storey tower, incorporating condominiums and… Read More>>
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