A consortium led by Malaysia’s IGB has sold a 732-key hotel in the West End of London for £220 million ($296.5 million), the developer announced Monday.
The disposal of St Giles Hotel London resulted in a net gain for IGB… Read More>>
Labubu-Maker Pop Mart Buys Building in London’s West End for $86M
A Chinese toy maker is showing London’s upper crust that funny dolls can be turned into serious real estate with a company linked to Hong Kong-listed Pop Mart picking up a mixed-use building in the UK capital, according to market… Read More>>
CC Land Boss Sells Off London Office Project as Chinese Investors Continue UK Exodus
A mainland billionaire has walked away from plans to redevelop a London trophy project, selling a West End office block for a fraction less than the 2015 purchase price as Chinese investors continue to dispose of properties in the UK… Read More>>
Chinese Estates Sells London Office Block to Oracle’s Larry Ellison for 19% Below Asking Price
Chinese Estates Holdings has completed the sale of an office block in London’s West End for £162 million ($203.1 million), a sum representing a 19 percent discount to the Hong Kong-based company’s asking price for the property.
The firm formerly… Read More>>
Hong Kong Tycoons Selling London West End Office to US REIT Realty Income for $162M
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>>
Singapore Fund Manager Buys London Asset From Hong Kong’s Lai Wing-to for $46M
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>>
Chinese Estates Sells Mayfair Office Block to the UK’s Oval Real Estate for $161M
Chinese Estates Holdings has sold an office block in London’s posh Mayfair area to local developer and investor Oval Real Estate for £125.4 million ($160.9 million), with the asset changing hands at a 7 percent discount to its £135 million… Read More>>
HK Investor Lai Wing-to Marketing London West End Buildings as Asset Sales Continue
Hong Kong investor Lai Wing-to is shopping a trio of mixed-use properties in London’s posh West End area, reversing a decade of acquisitions in the British capital as commercial property values decline and retail sales remain subdued both at home… Read More>>
Hong Kong’s Liu Chong Hing Investment Buys London Commercial Building for $55M
Liu Chong Hing Investment has acquired a commercial building in London’s West End for £44 million ($54.7 million), as the Hong Kong-based firm takes advantage of a market slowdown to pick up its first real estate asset in the UK.
Family Office of ARA’s John Lim Buying London West End Office Building for $21M
The Land Managers, a real estate investment division of ARA Asset Management founder John Lim’s JL Family Office, has struck a deal to acquire a commercial building in London’s West End for £18.6 million ($21 million).
With the sliding pound… Read More>>