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Panote Sirivadhanabhakdi

Frasers Property Buying Cisco UK Headquarters for £135M

2020/01/23 by Michael Cole Leave a Comment

Frasers Property is betting on the UK’s tech sector as it adds another commercial asset to its Great Britain portfolio, according to an announcement today to the Singapore stock exchange by the developer controlled by Thai billionaire Charoen Sirivadhanabhakdi.

The… Read More>>

ma mingzhe tb

Ping An Said Investing in Sun Hung Kai West Kowloon Commercial Project

2020/01/20 by Michael Cole 1 Comment

Less than two months after purchasing a West Kowloon project for HK$42.23 ($5.4 billion) Sun Hung Kai Properties is reported to have found a partner to join in building the largest commercial tower on the peninsula.

Ping An Real Estate… Read More>>

peng xinkuang SRE Group

China’s SRE Group Says Chairman Detained by Mainland Police

2020/01/20 by Michael Cole 1 Comment

Developer SRE Group Ltd informed the Hong Kong stock exchange today that its chairman, Peng Xinkuang was temporarily unable to perform his duties after having been detained by police in mainland China.

The real estate development subsidiary of financially troubled… Read More>>

Jeong Young Chae nh investment

Korea’s NH Investment Selected as Preferred Bidder for $863M Seoul Tower

2020/01/19 by Michael Cole 2 Comments

Korea’s NH Investment & Securities has taken a step toward acquiring one of Seoul’s largest office projects, after being selected as the preferred bidder for Tower 2 of the city’s Parc 1 complex, according to sources familiar with the project… Read More>>

Christian-Lee WeWork

Temasek Said in Talks to Buy Majority Stake in WeWork China at $1B Valuation

2020/01/17 by Michael Cole 1 Comment

Singapore’s Temasek Holdings, together with Shanghai-based investment manager Trustbridge Partners, has offered to buy up a majority stake in the China operations of troubled flexible office operator Wework, according to a report by Reuters today.

The Singapore government fund and… Read More>>

ESR Jeffrey Shen 1

ESR Announces $500M China Logistics Joint Venture with GIC

2020/01/13 by Michael Cole Leave a Comment

Less than three months after completing a HK$14 billion ($1.8 billion) IPO, ESR continues to raise cash for further expansion, as the logistics developer and fund manager today unveiled a joint venture with Singapore’s GIC.

Warburg Pincus-backed ESR Cayman announced… Read More>>

CBRE Leads Brokerage Wins with Warburg Pincus-Backed RMB 3B Beijing Buy Mingtiandi Broker Battle

2020/01/13 by James Hatton Leave a Comment

CBRE tops the deal charts this week after its team assisted a Warburg Pincus-backed JV in acquiring a 25,780 square metre (277,493 square foot) office tower in Beijing.

Also in mainland China, Shenzhen-based commercial real estate agency BlackHills scored with… Read More>>

chen feng HNA

HNA Said to Have Sold Shanghai Office Project to China Cinda

2020/01/13 by Michael Cole Leave a Comment

China’s HNA Group has disposed of another of its property assets, according to mainland news reports, with one of the country’s top bad asset banks said to have taken over a Shanghai office building developed by the financially troubled conglomerate.

… Read More>>

cheung chung kiu CC Land

CC Land Chairman Agrees to Buy London’s Priciest Home for £210M

2020/01/12 by Michael Cole Leave a Comment

Hong Kong billionaires continue to take advantage of the Brexit discount on London property, as the chairman of the developer CC Land has agreed to buy the most expensive home ever in the UK capital.

The family office of Cheung… Read More>>

LV to Close Store in Hong Kong’s Causeway Bay Amid Collapsing Sales

2020/01/06 by James Hatton 1 Comment

Louis Vuitton is set to become the second major fashion brand to opt not to renew a lease in Hong Kong since the start of the city’s pro-democracy protests seven months ago, as retail sales plunge in the Asian financial… Read More>>

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