Search Results for:Jack Sidders

Korean pension fund emerges as frontrunner for Goldman’s new London HQ

Korea’s National Pension Service is reportedly seeking to buy the building for more than $1.4 billion, ahead of bidders including Hong Kong’s CK Asset Holdings and Pontegadea Inversiones SL, the property company owned by billionaire Amancio Ortega.

A $18b rent bill and other numbers behind WeWork’s heady growth

WeWork, which is seeking $500 million to finance yet more growth, has amassed a global portfolio of more than 14 million square feet.

Blackstone sells $352m London office to Korean investors

Blackstone is in the process of selling about 1.4 billion pounds of offices in London after the firm modernized the buildings and leased space at higher rents.

HNA in talks with bidders for London properties, Brookfield among interested parties

HNA plans to sell about 100 billion yuan ($16 billion) of assets in the first half of this year as it attempts to stave off a liquidity crunch.

China’s HNA mulls sale of two London Canary Wharf offices to pare debt

The company, which started as a regional airline, is planning to sell about $5 billion of assets by April.

Hong Kong venture said to buy into London Gotham City Tower

A group of four Hong Kong property companies including C C Land Holdings Ltd will also fund the construction of the 40 Leadenhall office project, nicknamed Gotham City

Lloyds in exclusive talks for sale of London HQ to China’s Hengli unit

The Chinese conglomerate bid about $198 million for the 25 Gresham Street building.

China’s Cindat Capital looks to acquire UK’s QHotels Group in $660m deal

Cindat is negotiating a joint purchase of QHotels with U.K. investment firm Aprirose.

Goldman sells Rothesay Life stake to Singapore’s GIC, Blackstone, MassMutual

The deal values Rothesay Life at about 2 billion pounds ($2.6 billion), according to a person with knowledge of the deal.

China’s $246b overseas deal spree is crumbling as sellers balk

Cross-border purchases plunged 67% during the first four months of this year.