Lendlease has filed to list a commercial real estate investment trust on the main board of the Singapore stock exchange, … Read More>>
Featured Stories
Mapletree JV Buys 13 North America Data Centres From Digital Realty for $1.37B
A joint venture between Mapletree Investments and Mapletree Industrial Trust has agreed to acquire a portfolio of 13 … Read More>>
Sponsored Features
Institutional Investors Rush in for Australian Student Digs
The largest-ever student housing deal in Australia this month signalled the sector has moved firmly into the mainstream … Read More>>
Prime Coastal Development Site Hits the Market in Melaka
After benefitting from a RM 1.35 billion ($320 million) capital injection by the Malaysian Investment Development … Read More>>
Breaking News
Lendlease Files for Singapore IPO of S$1.4B Commercial REIT
Lendlease has filed to list a commercial real estate investment trust on the main board of the Singapore stock exchange, according to a preliminary prospectus lodged and registered with the Monetary Authority of Singapore.
Including subscriptions from cornerstone… Read More>>
Chengdu Tycoon Revealed as Buyer of HK$1.1B Pair of Houses at Hong Kong’s Mount Nicholson
While the citizenry of Hong Kong has shown mixed feelings toward the adoption of China’s judicial system in recent weeks, the city’s property developers have had better results from selling luxury properties to mainland tycoons, with one real estate magnate… Read More>>
10% of Shops in HK’s Causeway Bay Now Empty and More Asia Real Estate Headlines
News from the world’s priciest shopping district leads today’s collection of Asia real estate headlines, as a new agency report indicates that nearly one in every ten shops in Hong Kong’s Causeway Bay district are now empty.
While the retail… Read More>>
Mapletree JV Buys 13 North America Data Centres From Digital Realty for $1.37B
A joint venture between Mapletree Investments and Mapletree Industrial Trust has agreed to acquire a portfolio of 13 data centres in North America from Digital Realty for $1.37 billion according to a joint announcement by the companies, as the ever-expanding… Read More>>
Poll: WeWork and the Future of Co-Working A Mingtiandi survey
News reports this week indicate that the We Company, the parent of co-working giant WeWork has postponed its planned IPO until at least next month.
The following survey seeks the opinions of Mingtiandi readers on the prospects for the We… Read More>>
Evergrande Life Chairman Zhu Jialin Resigns
Evergrande Life chairman Zhu Jialin has resigned after a little more than a year in his position with the insurance division of China’s third largest developer by sales, China Evergrande Group, according to a local media report.
Zhu is said… Read More>>
30% of Hong Kong Retailers Put Staff on Unpaid Leave and More Asia Real Estate Headlines
A retail slump in Hong Kong, recovering home sales in China and an ongoing hunger for data centres lead today’s collection of real estate news from around Asia.
Months of protests in Hong Kong are adding to misery initially driven… Read More>>
WeWork IPO Said Shelved
Earlier this year bankers from Goldman Sachs were said to speak of WeWork as a company worth as much as $65 billion after it quietly filed for an IPO in late 2018. That valuation could still happen someday, but not… Read More>>
Real Estate Finance
Lendlease Files for Singapore IPO of S$1.4B Commercial REIT
Lendlease has filed to list a commercial real estate investment trust on the main board of the Singapore stock exchange, according to a preliminary … Read More>>
Chengdu Tycoon Revealed as Buyer of HK$1.1B Pair of Houses at Hong Kong’s Mount Nicholson
While the citizenry of Hong Kong has shown mixed feelings toward the adoption of China's judicial system in recent weeks, the city's property … Read More>>
Mapletree JV Buys 13 North America Data Centres From Digital Realty for $1.37B
A joint venture between Mapletree Investments and Mapletree Industrial Trust has agreed to acquire a portfolio of 13 data centres in North America … Read More>>
Shanghai
China Enterprise Wins Shanghai Residential Site for RMB 3.8B
State-backed China Enterprise has shouldered aside a pair of competing bids from China Vanke and China Resources Land to … Read More>>
Lujiazui Group Pays RMB 9.1B for Site of Shanghai’s First Suburban Supertall
Lujiazui Group, the largest state-owned developer in Shanghai's Pudong district has agreed to pay RMB 9.1 billion ($1.28 … Read More>>
Ying Lee Named MD of Knight Frank Shanghai Office
Real estate consultancy Knight Frank has continued to add to its mainland China team, naming Ying Shin Lee this month as … Read More>>
Singapore
Lendlease Files for Singapore IPO of S$1.4B Commercial REIT
Lendlease has filed to list a commercial real estate investment trust on the main board of the Singapore stock exchange, … Read More>>
Keppel DC REIT Beefs Up SG Bit Barn Portfolio with S$585M Pair of Deals
Keppel DC REIT is set to acquire a pair of Singapore data centres in a pair of transactions totalling S$585.1 million … Read More>>
Jack Ma Fund Joins $300M Rental Housing Investment and More Asia Real Estate Headlines
A Shanghai-based apartment rental platform leads the way in Mingtiandi’s roundup of Asia real estate headlines today … Read More>>
Projects
Hmlet Targets Australia with Sydney Co-living Tie-up
Just weeks after opening its largest property ever in Singapore, co-living operator Hmlet has announced its first multi-asset deal in Australia with … Read More>>
China Enterprise Wins Shanghai Residential Site for RMB 3.8B
State-backed China Enterprise has shouldered aside a pair of competing bids from China Vanke and China Resources Land to win a residential site in … Read More>>
Lujiazui Group Pays RMB 9.1B for Site of Shanghai’s First Suburban Supertall
Lujiazui Group, the largest state-owned developer in Shanghai's Pudong district has agreed to pay RMB 9.1 billion ($1.28 billion) to acquire a … Read More>>
Retail
Hong Kong Restaurant Operator Puts Central Space on Market for HK$400M
Hong Kong restaurant operator Tsui Wah Holdings is said to be offering for sale its flagship location in Central at an asking price of HK$400 million … Read More>>
IKEA to Invest RMB 10B in China Operations
Sweden’s IKEA will plough RMB 10 billion ($1.41 billion) into its China operations in the upcoming 2020 fiscal year, in a bid to upgrade and expand … Read More>>
Suning Buys 61 Guangzhou Circle K Stores From Hong Kong’s Fung Group
One more global retail giant has retreated from the mainland China market in the face of growing local competition as a unit of Nanjing-based Suning … Read More>>
Asia Outbound
Blackstone Said to Choose Hana as Preferred Bidder for $1.1B German Complex
Blackstone is preparing to sell Germany’s largest office building to a Korean investor, with Hana Financial Investment said to have entered into … Read More>>
Korea’s Mirae Said Buying US Hotel Portfolio From Anbang for $5.8B
Korea’s Mirae Asset Management has agreed to buy a portfolio of US luxury hotels from China’s Anbang Insurance for $5.8 billion, according to a report … Read More>>
Chinese Investment Group Buys 23 Accor Aussie Hotels for A$300M
Hong Kong-based asset manager iProsperity has acquired a set of 23 Australian hotels from French hotel investment firm AccorInvest, according to an … Read More>>
Hong Kong
Chengdu Tycoon Revealed as Buyer of HK$1.1B Pair of Houses at Hong Kong’s Mount Nicholson
While the citizenry of Hong Kong has shown mixed feelings toward the adoption of China's judicial system in recent … Read More>>
The Executive Centre Calls Off $750M Sale Amid Hong Kong Unrest
Just days before final bids were due to be received in a proposed sale of The Executive Centre, the shareholders of the … Read More>>
Co-Founder of Hong Kong’s Campfire Leads HK$170M Community Mall Purchase
A co-founder of Hong Kong shared space firm Campfire has teamed up with a former executive of Hong Kong-based developer … Read More>>
Co-Working & Flexible Office
Poll: WeWork and the Future of Co-Working
News reports this week indicate that the We Company, the parent of co-working giant WeWork has postponed its planned IPO … Read More>>
WeWork IPO Said Shelved
Earlier this year bankers from Goldman Sachs were said to speak of WeWork as a company worth as much as $65 billion … Read More>>
WeWork Valuation Said to Sink to $10B as IPO Roadshow Kicks Off
The owners of WeWork have decided to push forward with an IPO roadshow starting this coming week, according to media … Read More>>
Research & Policy
China Developer Financing Drops by 58% Amid Lending Clampdown
Financing for Chinese property developers plunged by 58.15 percent month-on-month in August amid an intensifying government clampdown on the housing … Read More>>
Hong Kong Retail Real Estate Transactions Fall 47% in August
The uncertainties of the US-China trade war negotiations and the political turmoil in Hong Kong have combined to cool down investor interest in Hong … Read More>>
China’s PBOC Sets Minimum Mortgage Rates in Latest Bid to Control Housing Prices
The People's Bank of China has unveiled a new minimum interest rate system for home loans according to an announcement on the central bank’s official … Read More>>
Design & Construction
Shimao Picks AS+GG as Architects for China’s Tallest Building
Developer Shimao Property Holdings has chosen a designer for its planned 700 metre (2,296 foot) tall tower in Shenzhen’s Longgang district, with … Read More>>
KPF’s Lotte World Tower in Seoul Wins Super Skyscraper Title
The cloud-breaching Lotte World Tower in Seoul has been recognized as the best new skyscraper in the world, beating out Zaha Hadid Architects' … Read More>>
Guizhou Gets on China’s Design Map With World’s Tallest Waterfall Building
A Chinese developer has decided to fit a waterfall outside a new skyscraper in the country’s southwestern province of Guizhou to the amusement of … Read More>>
