Koreans team up for M&S purchase | Asia Property

Subscription Enquiries
Editorial Enquiries

This will be the secondary navigation

Koreans team up for M&S purchase

Published on January 6th, 2014

Korean investors have bought retailer Marks & Spencer’s London HQ for £207m ($322m) from Irish investor D2 Private. The Korean consortium was advised by Gaw Capital Partners and included Hyndai…

Not subscribed yet? Click here for full access.

Diary

Colliers’ gain may be no loss for C&W after team switches sides

Last month, Colliers International announced with a great fanfare that it had recruited a 14-strong team from Cushman & Wakefield. Surely C&W would be gutted by this? It appears not....

Diary

Sliding Rupee turns Farallon’s deals into a load of Indiabulls

Farallon Capital invested INR8.47bn ($127.8m) in seven Indiabulls ventures between 2006 and 2008 and the US investment manager recently sold the stakes to Indiabulls for INR11.72bn – making a profit of...

Market Talk

Government Measures Affect the Transaction Pipeline

“In AsIa we anticipate a reductIon in actIvIty In Hong Kong and SIngapore, as the latest government measures affect the transactIon pipelIne for the second half” Jeremy Helsby, chief executive...

World News

GIC poised to pay £1.7bn for half share in City’s Broadgate

Singapore wealth fund to buy Blackstone’s 50% stake in scheme as Asian investors continue to target City  GIC Real Estate is to buy Blackstone’s 50% stake in the Broadgate office...

News

Blackstone to take Hong Kong’s Tysan private

Blackstone Group is set to take Hong Kong-listed development and construction company Tysan Holdings private after a HK$2.5bn ($322.3m) cash bid. The bid is backed by Blackstone’s new Asia real...

Comment

It’s crunch time for China’s developers

Government moves to restrict non-bank organisations’ lending has led to a credit crunch for China’s developers. While the top players look strong enough to survive, smaller companies may fall victim...

News

Sun Hung Kai pays record land price for site in Shanghai’s Puxi

Hong Kong-listed developer pays $3.5bn for Shanghai’s last big development site  Sun Hung Kai Properties has made a record winning bid for a development site in China. Asia’s largest developer...

Companies & People

Crichton arrives at Farpoint of Indonesia

Farpoint Prima, a real estate subsidiary of private Indonesian conglomerate Gunung Sewu Kencana, has appointed Dougie Crichton as managing director, working on the firm’s office portfolio and planned fund management...

News

Consortium buys Tokyo’s Shiba Park out of bankruptcy

A consortium of investors has bought the Shiba Park Building in Tokyo for ¥100bn ($998.6m). Asia Pacific Land, Abu Dhabi Investment Council, Secured Capital and CV Starr & Co have teamed...

Current Issue