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Calvin Choi-AMTD Group

Hong Kong’s Far East Consortium Sells UK Hotel Project to AMTD IDEA Group for $57M

2025/03/04 by Iris Hong Leave a Comment

Far East Consortium International has agreed to sell a partially completed London project to controversial Hong Kong finance firm AMTD IDEA Group for £47.2 million ($57.2 million), as the developer continues to shed UK properties.

FEC International is selling its… Read More>>

GIC chief executive Lim Chow Kiat

GIC JV With British Land Selling Half-Stake in London Office Project to Abu Dhabi’s Modon

2025/01/27 by Christopher Caillavet Leave a Comment

Singapore’s GIC and joint venture partner British Land are selling a 50 percent stake in an office project at their Broadgate campus in London’s central business district to Abu Dhabi developer Modon Holding for an undisclosed price.

The $801 billion… Read More>>

Former Chinese Estates chairman Joseph Lau

Bids for Chinese Estates London Property Said to Fall 35% Below Asking Price

2024/11/22 by Kevin He Leave a Comment

Chinese Estates Holdings is said to have received bids as low as 35 percent below asking price for an office block in London’s West End, as the Hong Kong-based developer plans to divest one of its last remaining UK investment… Read More>>

GIC chief executive Lim Chow Kiat

Singapore’s GIC Sells Back Half-Stake in UK Mall for 55% Off Buy Price

2024/11/11 by Christopher Caillavet 1 Comment

GIC has sold its 50 percent interest in Westquay for £135 million ($174 million), or nearly 55 percent less than what the Singapore sovereign fund paid for the half-stake in the southern England mall more than seven years ago.

The… Read More>>

Cheng Kar-Shun, NWD

Hong Kong Tycoons Selling London West End Office to US REIT Realty Income for $162M

2024/11/11 by Kevin He Leave a Comment

A private investment vehicle backed by some of Hong Kong’s biggest property tycoons is selling a prime office building in London’s St James’s district, as the city’s real estate investors continue to divest properties after being stung by slumps at… Read More>>

Former Chinese Estates chairman Joseph Lau

Former Chinese Estates Chairman Joseph Lau Marketing London Mansion for $117M

2024/10/31 by Kevin He Leave a Comment

Former Chinese Estates Holdings chairman Joseph Lau has reportedly put up for sale a London mansion at an asking price of £90 million ($117 million), marking the latest UK asset tied to the the fugitive tycoon and the HKEX-listed developer… Read More>>

Matt Walker, CEO of student housing for Mapletree

Mapletree Marketing $583M UK Student Housing Portfolio

2024/10/29 by Kevin He Leave a Comment

Singapore’s Mapletree Investments has put up for sale a set of 24 UK purpose-built student accommodation (PBSA) properties totaling 4,844 beds, as the Temasek Holdings-backed property firm continues to rejig its S$6.2 billion student accommodation portfolio.

The assets are owned… Read More>>

Albany House in London

Hong Kong’s China Motor Bus Sells London Office Block for $62M

2024/09/19 by Kevin He Leave a Comment

China Motor Bus Company has agreed to sell a London office block, making the HKEX-listed firm the latest Hong Kong property investor to retreat from the British capital.

The former bus operator, which gained famed for introducing double decker buses… Read More>>

Far East Orchard CEO Alan Tang

Singapore’s Far East Orchard Reaches $93M First Close of UK Student Housing Fund

2024/08/27 by Christopher Caillavet Leave a Comment

Singapore’s Far East Orchard has launched its maiden private fund focused on purpose-built student accommodation in Britain with commitments totalling £70 million ($92.5 million) at first closing.

Known as FE UK Student Accommodation Development Fund, the vehicle is targeting an… Read More>>

HECapital chief executive Darren Hawkins (Image: HECapital)

Singapore Fund Manager Buys London Asset From Hong Kong’s Lai Wing-to for $46M

2024/08/21 by Michael Cole Leave a Comment

A recently established Singapore fund manager has made its maiden acquisition, picking up a commercial building in London’s Soho area from Hong Kong investor Lai Wing-To for around £35 million ($45.7 million), according to a statement on 21 August.

HECapital,… Read More>>

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