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5 Churchill Place

Lenders Seize Cheung Kei’s 5 Churchill Place in London After Default

2023/05/27 by Beatrice Laforga Leave a Comment

Receivers appointed by creditors of Cheung Kei Group have wrested control of the former Bear Stearns headquarters on London’s Canary Wharf from the company, making it the latest asset to be seized from the troubled mainland conglomerate headed by tycoon… Read More>>

victor li ck asset

CK Asset Offers to Buy UK’s Civitas Social Housing for $612M in Cash

2023/05/10 by Christopher Caillavet Leave a Comment

Li Ka-shing’s CK Asset Holdings has made an all-cash offer to acquire British care home provider Civitas Social Housing for £485 million ($612 million) as the Hong Kong developer expands its UK holdings.

The group controlled by Hong Kong’s richest… Read More>>

hui wing mau shi mao

Shimao Sells London Office Building for $395M in Struggle to Pay Off Debts

2023/05/01 by Michael Cole Leave a Comment

Shimao Group has closed on the sale of an office building in the City of London for GBP 315 million ($395 million), according to a UK news report, as the Shanghai-based developer fights to regain its financial footing after a… Read More>>

5 Churchill Place

China’s Cheung Kei Scrambling to Sell London Office Assets as Debt Deadline Looms 

2023/03/30 by Beatrice Laforga Leave a Comment

Mainland property investor Cheung Kei Group is struggling to offload a pair of office buildings on London’s Canary Wharf as media reports emerge that the Shenzhen-based firm has already defaulted on a loan backed by one of the two properties,… Read More>>

Gamuda founder and managing director Lin Yun Ling

Malaysia’s Gamuda Leading $316M Buy of Deutsche Bank London HQ From China’s CIC

2023/03/28 by Beatrice Laforga Leave a Comment

A Malaysian conglomerate is betting it can make a quick ringgit in a depressed London office market with Gamuda Berhad announcing on Monday that it has teamed up with UK investment manager Castleforge Partners to acquire Deutsche Bank’s UK headquarters… Read More>>

Peter Young QIP

Singapore’s QIP, Soilbuild Launch $246M UK Student Housing JV

2023/03/25 by Christopher Caillavet Leave a Comment

Q Investment Partners has formed a joint venture with Soilbuild Group on a £200 million ($245.5 million) UK student housing platform, as the Singapore-headquartered companies look to profit from one of the more resilient asset classes favoured by Asia-based investors.

… Read More>>

St Katharine Docks London

CDL Completes $468M Buy of London Mixed-Use Complex From Blackstone

2023/03/09 by Christopher Caillavet Leave a Comment

Singapore’s City Developments Ltd has completed its purchase of the St Katharine Docks complex in central London from funds advised by Blackstone for £395 million ($468.2 million).

The property spans more than 500,000 square feet (46,450 square metres) of office,… Read More>>

GIC chief executive Lim Chow Kiat (Getty Images)

Singapore’s GIC Joins BlackRock, BA Fund for London Life Sciences Complex

2023/02/09 by Greg Isaacson Leave a Comment

Singaporean sovereign wealth fund GIC is expanding its biotech portfolio by teaming up with BlackRock Alternatives Real Estate and British Airways’ New Airways Pension Scheme (NAPS) to invest in a life sciences project in London’s King’s Cross district.

Developed by… Read More>>

Sunway RE Capital CEO Tan Kok Heng

Sunway RE Capital Buys UK Student Housing Asset to Bring Portfolio to $90M

2023/02/06 by Christopher Caillavet Leave a Comment

Fund manager Sunway RE Capital has acquired a student housing property in southern England, adding to a burst of recent acquisitions in the asset class by Singapore-based investors in the UK.

The real estate platform controlled by Malaysia’s Sunway Group… Read More>>

CDL chairman Kwek Leng Beng

Singapore’s CDL in Talks To Buy London Complex From Blackstone for Reported $496M

2023/01/30 by Beatrice Laforga Leave a Comment

Singapore’s City Developments Ltd is in exclusive negotiations to purchase the St Katharine Docks complex in London from Blackstone at a reported price of nearly £400 million ($495.7 million) as the American private equity titan says it is facing a… Read More>>

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