China’s banking regulator may have ordered a review of Dalian Wanda’s borrowing practices, and the mainland has instituted controls on cash outflows since late last year, but that hasn’t stopped China’s richest man from agreeing to spend £470 million ($595… Read More>>
CR Land Adds $385M Acquisition to $4.7B in Chinese London Deals in 4 Months
China Resources Land has made its first major overseas investment, partnering with a European REIT to acquire a trophy office building in the City of London for £300 million ($384.6 million). The Shenzhen-based, Hong-Kong listed property developer teamed up with… Read More>>
Hong Kong’s SEA Holdings Buys Prime London Building for $334M
SEA Holdings has become the latest in a string of Hong Kong investors to wager on London’s property market, agreeing to purchase a nine-storey office building in the British capital for £258 million ($334.4 million), the company confirmed this week…. Read More>>
SHK’s Kwok Family Taking 50% Stake in £500M London Condo Project
Hong Kong’s Kwok family, which controls listed development giant Sun Hung Kai Properties has become the latest Hong Kong investor to bet that Brexit risks are overblown as the billionaire clan’s private investment body has agreed to take a 50… Read More>>
Wanda Backs Away From London Project as Deal String Slows
Wang Jianlin’s Dalian Wanda has let a lock-out period expire on talks to acquire a second site in south-central London next to its One Nine Elms project, according to an account in the Estates Gazette.
The developer has been among… Read More>>
HNA in $375M Deal to Add London Exhibition Centre to Global Portfolio
Fresh off major Manhattan deals earlier this month, HNA is turning its eye across the pond to grab another piece of London. The mainland investment conglomerate, together with Bugsby Property, is said to be in talks to acquire the venues… Read More>>
China’s R&F Buys London Site for $74.8M Despite Capital Controls
Guangzhou R&F Properties has jumped into the UK market for the first time by acquiring a 5.5 acre (2.2 hectare) London residential site for £60 million ($74.8 million) from local real estate player Minerva, according to statements from R&F and… Read More>>
CC Land Buys London’s “Cheesegrater” for $1.42 Billion
A regional developer from western China this week staked out a bigger place for itself in one of the world’s biggest real estate markets with the £1.15 billion ($1.42 billion) of London’s “cheesegrater” office tower.
Chongqing-based CC Land has agreed… Read More>>
GIC Invests in $283M UK Student Housing JV
Singapore’s GIC has acquired its third European student housing project in five months as the sovereign wealth fund announced on Friday that it has agreed to invest in a £227 million ($283.5 million) joint deal for a complex at Aston… Read More>>
Singapore’s GIC Sovereign Wealth Fund Grabs 50% Stake in UK Mall for $60 Mil
Singapore’s sovereign wealth fund GIC has made its fourth European real estate investment in the past four months – this time snatching up a 50 percent stake in a new shopping mall in the UK for 48.5 million pounds ($60… Read More>>