Leading the news this morning, proving that there is life after China’s capital controls, the Blackstone Group has brought in nearly half of billion dollars by selling a stake in SeaWorld to a mainland buyer. Some other would-be sellers have… Read More>>
Singapore’s UOL Buys Melbourne Hilton from Host Hotels & Resorts JV for $175 Mil
Singapore-listed real estate conglomerate UOL Group continued to expand its hospitality holdings last week with the announcement of an agreement to purchase the Hilton Melbourne South Wharf hotel in Melbourne, Australia for A$230 million ($175 million).
UOL, which is the… Read More>>
Wanda Adds to Global Cinema Empire with $929M Nordic Deal and More Asia Real Estate Headlines
Wang Jianlin once again leads today’s headlines as China’s richest man indulges his theatre lust with a $929 million deal to buy 68 theatres in the frozen north. And for China’s real estate elite who choose not to buy Scandinavian… Read More>>
Mystery Buyer Of Asia’s Most Expensive Apartment Revealed and More Asia Real Estate Headlines
Wednesday is here and so too is another round of Asia’s top real estate headlines. Today sees the buyer of Asia’s most expensive unmasked while China Overseas Land and Dalian Wanda are dealing with unforeseen setbacks. Also in the news,… Read More>>
GIC Invests in 2nd European Student Housing Deal This Week and More Asia Real Estate Headlines
Singapore’s sovereign wealth fund heads to Europe for the second time this week to pick up an additional portfolio of student housing with student accommodation specialist GSA, while Kerry Properties shows its confidence in the Hong Kong market with a… Read More>>
Vancouver Home Sales Fall 33% After Tax on Foreigners and More Asia Real Estate Headlines
Leading the real estate market news today, home purchases in Vancouver fell by 33 percent last month after the government began taxing foreign home buyers, but the impact of a similar 15 tariff on non-residents of Hong Kong seems to… Read More>>
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