sells
Kering Sells 60% Stake in Fifth Avenue Property
[ad_1] Continuing to shed real estate assets to raise cash and reduce its debt, Kering announced a joint venture agreement with private equity firm Ardian for its property at 715-717...
Jackie Kennedy’s 1960 Election Night Coat Sells at Auction
[ad_1] Jacqueline Kennedy Onassis’ November 1960 Election Night coat sold at auction via Sotheby’s for a final price of $50,800 — six times the initial estimate of $8,000. Part of...
ESR-Reit sells 8 Singapore assets to Brookfield for S$338m; sale would trim distribution
[ad_1] The move is part of Reit’s strategy to offload non-core assets, particularly those suffering lease decay[SINGAPORE] The manager of ESR Real Estate Investment Trust (ESR-Reit) on Monday (Dec 15)...
David Zaslav Could Become a Billionaire Whether Warner Bros. Sells to Netflix or Paramount
[ad_1] David Zaslav, president and CEO of Warner Bros. Discovery, would be out of a job if a deal is completed with Netflix or Paramount Skydance. Softening the blow: Zaslav...
MPACT subsidiary sells Festival Walk Tower for close to HK$2 billion
[ad_1] [SINGAPORE] The manager of Mapletree Pan Asia Commercial Trust (MPACT) announced on Wednesday (Dec 10) that its subsidiary – Festival Walk – will sell Festival Walk Tower for nearly...
Netflix Sells ‘Cozy Grove’ and ‘Spirit Crossing’ Video Game Studio Spry Fox Back to Original Owners
[ad_1] Netflix is once again reconfiguring its video-game business strategy by selling Spry Fox, the developer behind “Cozy Grove” and the upcoming “Spirit Crossing,” back to the studio’s founders. Variety...
Raffles Education sells corporate building for S$121.8 million
[ad_1] The property at 51 Merchant Road is being sold at about 78% over book value to an unnamed real estate player[SINGAPORE] Raffles Education has sold its corporate building at...
Raffles Education sells 51 Merchant Rd to LaSalle JV for S$121.8 million; reaps S$53 million gain
[ad_1] Four-storey commercial building with conserved buildings and basement car parks sold for about 78% over book value[SINGAPORE] Raffles Education has sold its corporate building at 51 Merchant Road for...
CDL sells 14 billion yen Osaka hotel to Blackstone-managed real estate funds
[ad_1] The proposed divestment aligns with the real estate company’s capital recycling and portfolio optimisation efforts [SINGAPORE] City Developments Limited (CDL) is proposing to divest a hotel in Osaka, Japan,...
Frida Kahlo self-portrait sells for $54.7 million, breaking auction record for female artists
[ad_1] A haunting 1940 self-portrait by famed Mexican artist Frida Kahlo sold Thursday for $54.7 million and became the top-selling work by any female artist at an auction. The painting of Kahlo asleep in...
CDL sells US$143.5 million residential property in Silicon Valley
[ad_1] The transaction will enable the company to reduce gearing and redeploy the capital to maximise shareholder returns: CEO Sherman Kwek [SINGAPORE] City Developments Ltd (CDL) on Thursday (Nov 20)...
ST Engineering sells 49% stake in Shanghai MRO JV to China Eastern Airlines for 680.5 million yuan
[ad_1] [SINGAPORE] ST Engineering is selling its 49 per cent stake in Shanghai Technologies Aerospace Company (Starco) to China Eastern Airlines for 680.5 million yuan (S$124 million) cash.The group said...