Just one month after taking over from his father Li Ka-shing, Victor Li has signed his first high profile deal for CK Asset, snapping up the UBS headquarters in London from GIC and British Land for £1 billion ($1.3 billion).
Hong Kong-based private equity real estate firm Gaw Capital Partners is putting the London headquarters of British retail giant Marks & Spencer up for sale with a price tag of approximately £250 million ($335 million).
The private equity real estate… Read More>>
Singapore’s Ascendas-Singbridge Group today announced a new S$400 million ($300 million) investment programme with government giant Temasek Holdings to develop a portfolio of as much as 15 million square feet (1.39 million square metres) of industrial real estate projects in… Read More>>
Beijing Zhaotai Group is poised to make its first foray into the British property market, as the mainland developer is in talks to buy a prime City of London commercial building for £145 million ($204 million), according to a report.
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>>
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>>
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>>
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>>
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>>
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>>