Formosa International Hotels chairman Steven Pan Si-liang is not daunted to the task of expanding the Regent Hotel brand to saturated Hong Kong and China markets, as evident in a recent interview by the South China Morning Post.
Real Estate
Foreign investors eye London's commercial projects as UK real estate recovers
The rising commercial property prices in London has prompted institutional investors to team up with commercial property developers in the UK to capitalize on the recovery of the market in UK.
US real estate firm BRE in talks for USD4.5 billion acquisition by Essex
San Francisco-based real estate firm BRE Properties Inc is discussing a USD4.5-billion buyout offer by Essex Property Trust Inc, a deal that could expand the latter's portfolio in California.
Capital gains tax to diminish the lure of London's property market to foreign buyers
A capital gains tax set to take effect in April 2015 which would be levied on the homes sold to people living abroad could diminish the status of London as a property magnet for foreign investors, Bloomberg reported.
UK commercial real estate investors ready for more debt as property market rebounds
According to a report, commercial real estate investors in the UK are looking to take on more debt with the continued resurgence in the commercial property market.
Latest News
The International Finance Corporation is looking to sell rupee-denominated bonds for the second time. The World Bank investment arm raised INR1,000 crore in its first rupee-bond issue.
The CAC Group, one of the leading commercial real estate services firms in San Francisco, was acquired by CBRE Group, Inc. CBRE Group, Inc's statement did not disclose financial details regarding the transaction.
The real estate in India holds promise to institutional investors, as noted by global realty consultant Cushman & Wakefield as private investment in the country's real estate sector jumped 26% in the first nine months of this year.
Austin-based real estate investment firm World Class Capital Group announced today that it has acquired San Antonio shopping center Culebra Crossing for an undisclosed sum.
A column written by money manager and former professional market strategist Barry Ritholtz challenges the definition of bubble and the misconceptions of its use in specific stocks that had experienced sharp surges in the financial markets.
Beijing Interoceanic Canal Investment Management Co announced the joint venture of billionaire Wang Jing and Ukrainian partner Kievgidroinvest LLC to construct an economic development zone and port on the Crimean peninsula.
The Pacific Grove assets of Bratty & Bluhm Real Estate have been acquired by Sotheby's International Realty Inc and will operate as Sotheby's International Realty.
A source told Bloomberg that property investment and development company Heron International Ltd will be selling a penthouse in its residential tower in London for GBP 18 million.
Dubai state fund Investment Corp of Dubai (ICD) announced on Thursday that it has purchased the Atlantis hotel from a Dubai World unit for an undisclosed amount.
