Country Garden, China’s biggest developer by contracted sales, has made its British debut by buying up a 785-home project in east London for a reported £80 million ($112 million), in a rare recent acquisition of a UK development site by… Read More>>
China Poly Picks $103M London Project for First UK Housing Deal
Guangzhou-based Poly Real Estate Group has won its first residential project in the UK, purchasing a site in the north London suburb of Mill Hill where it plans to build 706 homes.
Poly UK, the local subsidiary of the state-owned… Read More>>
Samsung SRA Returns to City of London with $457M Office Buy
Korean institutional investors have chalked up another cross-border property deal, with a unit of Samsung buying a London office building for an estimated price of up to £320 million ($457 million).
Samsung SRA Asset Management, the real estate investment arm… Read More>>
Hongkong Land and Central Group Buy UK Embassy Site in Bangkok for $595M
Thanks to its chummy relations with the UK’s colonial-era governments, developer Hongkong Land owns much of the prime real estate in the former British colony that it calls home. Now that the sun has set on Britain’s empire in the… Read More>>
Malaysian Funds Buy London’s Battersea for $2.2B and More Asia Real Estate Headlines
Leading today’s news roundup, a pair of Malaysian state-backed funds are buying London’s Battersea Power Station regeneration project in one of Britain’s biggest-ever property deals. Again. Speaking of the UK, a Shanghai-headquartered private equity firm just got the go-ahead to… Read More>>
Wanda Leaves London at a Loss, Selling One Nine Elms Site for $82M
Dalian Wanda Group continues to scale back its overseas empire, selling its flagship billion-dollar London project for £59 million ($81.5 million) just under four years after buying the site in south London’s Vauxhall area for £88.8 million.
Two units of the… Read More>>
China’s Hengli Buys Lloyds Bank London Office and More Asia Real Estate Headlines
Cross-border acquisitions lead the news again today as another mainland group picks up a Brexit bargain in London, and a Singaporean developer goes shopping on Tokyo’s Ginza. Back on the mainland more credit is available for rental housing projects and… Read More>>
Cheung Kei Pays $363M for Former Bear Stearns London Office in Second UK Deal
Chinese developer Cheung Kei Group has made its second London real estate play by buying a Canary Wharf office building for £270 million ($363 million), adding another deal to this year’s surge of Asian investment in the city.
The Shenzhen-based… Read More>>
BOC, Guorui Lead $465M Mainland Surge in London Office Deals This Month
Three mainland Chinese firms are buying up office properties in the City of London financial district this month for a total of £352.5 million ($465 million), in a flurry of deals revealed last week.
An affiliate of Beijing Guorui Holdings… 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>>
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