Hong Kong-based Far East Consortium, a frequent buyer of UK real estate, has turned seller with its latest deal by agreeing to offload a City of London hotel for £115 million ($160.4 million). FEC expects to record a gain of about £50 million from the sale of the Dorsett City London Hotel, the company said in a Tuesday press release. The buyer is a company controlled by two New York-based investment firms, Highgate Hotels and Cerberus Capital Management. Upon completion of…
Member Updates
Property conglomerate Lippo Group, through a subsidiary, has invested around Rp 21 billion (US$1.46 million) in Ruangguru, acquiring a 3.38 percent stake in the education technology (edutech) start-up. In a letter to the Indonesia Stock Exchange (IDX), Lippo Group’s publicly listed subsidiary, PT Multipolar (MLPL), confirmed that it had a minority share at the edutech firm through an investment made by subsidiary company PT Nusa Jaya Cipta. “The company [PT Multipolar] is not a controlling entity of Rungguru,” the letter,…
Aboitiz Group President and Chief Executive Officer Sabin M. Aboitiz joined business leaders across the world at the UN Global Compact Leaders Summitto tackle the converging global crises of the COVID-19 pandemic, climate change, and economic inequity in order to develop a roadmap for sustainable recovery. As a member of the UN Global Compact and the Global Compact Network Philippines Board of Trustees, the Aboitiz Group was invited to share its unique perspective on the topic of Energy Transition for A Sustainable…
Crystal Jiang: Delivering legacy to next generations Crystal Jiang was once a star host at Phoenix Television, now she runs a one-stop financial service group, DL Holdings Group. After winning the Champion of “Miss Chinese Cosmo Pageant” in 2003, Ms. Crystal Jiang started her career as a TV host at Phoenix Television in Hong Kong, anchoring financial, current-affairs and social programs. After more than a decade, she is now the Chairman of the Board as well as the Executive Director…
Fintech angel & accelerator with 30 years of experience in SME finance around the world. Currently, Yoshi has 8 portfolio fintech startups in London, New York, Paris, Dubai, and Tallinn, while playing a role as an accredited business angel at REDangels. He is stationed in Kuala Lumpur, Malaysia and is also an advisory board member at Fincog, Amsterdam-based fintech consulting firm, a partner at Network VC Syndicate Fund LLC registered in California, and an advisor to Sturgeon Capital, London-based PE…
NTP Group has a diverse portfolio of companies offering many products & services – can you give a brief overview how the Group has managed & performed during this pandemic, any lessons learned as Chairman of the Group? We have shortened business hours across all our businesses and offices, and have made this known publicly. We’ve been pushing for all associates to work from home whenever possible, and asking our sales field staff, whose job is customer contact, to keep…
The Pandemic has made clear how valuable human interaction is – and by extension how impactful the places and spaces in which we gather have become. Gensler believes the desire for people to reconnect is driving the recovery and emphasizing the true impact of Real Estate. Gensler’s Design Forecast 2021 Report is a collection of trends, insights and practical advice its clients and communities such as PBEC can use to create the next generation of spaces & places in a post-pandemic world. I…
Christophe Bosquillon, MSc MBA Christophe Bosquillon has over 30 years of international experience in general management, foreign direct investment, and private equity and fund management, across various industries, based 80% of that time in the Pacific Basin, as corporate director, government agency contractor, and entrepreneur. While also active in strategic planning, risk management, polycentric governance, Chris has set up, co-sponsored, and engaged, in a number of pro bono activities, such as: natural disaster relief from emergency response to long term…
Meet Ricky Sandhu Founder and Chairman of Urban-Air Port and who is the CEO of Six Miles Across London Ltd (small.) a group of infrastructure-as-a-service businesses which includes urban-Air Port Ltd. Hyundai Motor Group, Coventry City Council and the UK Government have partnered with Urban Air Port® to launch the world’s first site – Air One® – to demonstrate the potential of urban air mobility for the UK and worldwide. Read more here Urban Air-Port are conducting a Series A fund round…
Andy Lau | Co-Founder & Chairman – Redsip, Inc. Andy is a serial-entrepreneur, technologist and investor with strong strategic connections in APAC and Silicon Valley. Andy has founded a number of successful tech businesses and advised numerous US companies entering Asia Pacific markets. In 2018, HK Broadband Network (1310.HK) acquired ICG for $200mn, a leading cloud business Andy also founded to complete HKBN’s enterprise business solution portfolio where he led the 6,000 talents organization as Chief Commercial Officer. Qing Li…