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Bruce Flatt Brookfield

Brookfield and CIC Team Up For $2.7B Purchase of IFC Seoul

2016/11/21 by Cheyenne Hollis Leave a Comment

Canadian investment shop Brookfield Asset Management got one over on Stephen Schwarzman and his Blackstone Group beating out the US-based firm to acquire the International Finance Centre Seoul from AIG Global Real Estate. The bid, which is said to be… Read More>>

GIC mall deal Korea

GIC Catches on to K-Style With $136M Seoul Shopping Mall Acquisition

2016/11/14 by Cheyenne Hollis Leave a Comment

Korea’s unique style and fashion sense may not be everyone’s cup of tea, but Singapore’s sovereign wealth fund appears to like what it sees in the country’s retail scene. GIC invested $136 million to acquire an interest in G-Square City… Read More>>

James Packer China

APAC Casino Developers on Notice As Chinese Cops Detain 18 Packer Executives

2016/10/18 by Cheyenne Hollis Leave a Comment

China cracked down on James Packer’s Crown Resorts detaining 18 employees working for the billionaire’s mainland team. The Australian gaming magnate, who owns casinos in Macau and the Philippines, as well as in his home country, is estimated to have lost… Read More>>

Yoona Jeju island beach

Chinese Investors Setting Up on Korean Resort Island

2014/05/12 by Michael Cole Leave a Comment

Korean banks on South Korea’s Jeju island have reported as much as a thirty-fold increase in Chinese clients thanks to a series of real estate development schemes aimed at attracting Chinese homebuyers and vacationers to the resort location.

According to… Read More>>

Resorts World Sentosa

Chinese Firm Teams with Sentosa Developer for US$2.2B S Korea Casino

2014/02/11 by Michael Cole Leave a Comment

A Chinese developer is teaming up with the company behind one of Singapore’s Sentosa casinos to invest US$2.2 billion in a new gambling-centred project in South Korea, the companies announced this week.

The joint venture between Genting Singapore Plc and… Read More>>

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