Jack Sidders

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.

Chinese giant HNA eyes CapCo’s $375m London exhibition venue

CapCo owns large parts of the Covent Garden district in central London.

Blackstone venture acquires Hansteen’s continental European assets for $1.4b

A Blackstone Group LP and M7 Real Estate Ltd venture agreed to acquire Hansteen Holdings Plc’s continental European properties as an improving economy boosts demand for logistics assets. The Onyx venture will pay about €1.3 billion ($1.4 billion) to Hansteen for the properties in Germany and the Netherlands, London-based Hansteen… Read more »

Chinese property tycoon to snap up London Cheesegrater tower for $1.27b

The firm beat bidders, Korea Investment Corp. and Temasek Holdings.

Blackstone selling Dutch property assets worth $558m to China’s Anbang

Anbang has been on a two-year shopping spree for investments outside China, buying hotels and office buildings in New York and Canada. The insurer has been an acquirer from Blackstone before, completing most of its $6.5 billion acquisition of Strategic Hotels & Resorts Inc. from the world’s biggest private equity firm last month.

Singapore fund GIC venture buys UK student housing properties from Oaktree

Singapore’s sovereign wealth fund and Dubai-based GSA bought a portfolio of U.K. student housing projects from funds managed by Oaktree Capital Management LP.

Raffles nears deal to operate first London hotel, backed by Hinduja Group

Hinduja and OHL bought the Old War Office, less than one mile from Buckingham Palace, from the U.K. Ministry of Defence for $457 million. The venture plans to turn the 581,000 square feet property into a hotel and 50 apartments.