Facing a 28 March deadline to repay principal and interest on a RMB 3 billion ($450 million) bond, Tahoe Group issued a … Read More>>
Featured Stories
Kai Tak Residential Site Gets Six Bids From 10 Hong Kong Developers
Hong Kong’s Lands Department announced on March 22 that it had received six bids from a total of 10 developers for a … Read More>>
Sponsored Features
Making a Map for a Digital Real Estate Future
With the memory of the recent lunar new year holidays still fresh, most of us will have in mind that the key to a … Read More>>
How Modern Warehouses Help Ecommerce Rewire Asia’s Consumption Patterns
The development of new transportation networks has a profound impact on the organization of our societies, changing the … Read More>>
Breaking News
Tahoe Sells Stake in Hangzhou Project in Scramble to Repay RMB 3B Bond This Week
Facing a 28 March deadline to repay principal and interest on a RMB 3 billion ($450 million) bond, Tahoe Group issued a statement to the Shenzhen stock exchange today reassuring investors that the financially troubled mainland developer would be able… Read More>>
Yuzhou Properties Buys HK Office Floor From Chairman’s Wife for HK$898M
Members of the consortium that paid nearly $5.2 billion to purchase the Center on Hong Kong’s Queen’s Road in 2017 have been struggling in the city’s current market slowdown, but an announcement this week indicates that one of the wealthy… Read More>>
Kai Tak Residential Site Gets Six Bids From 10 Hong Kong Developers
Hong Kong’s Lands Department announced on March 22 that it had received six bids from a total of 10 developers for a 103,150 square foot (9,583 square meter) residential plot on the site of the city’s former Kai Tak Airport.
Oxley Reboots Sale of S$950M Singapore Hotels After Buyer Balks
Oxley Holdings has appointed new consultants to find a fresh buyer for its Novotel and Mercure hotels on Stevens Road after a previous suitor was found to have breached the terms of a letter of intent for purchase of the… Read More>>
Asia Real Estate People in the News 2019-03-25
Companies from the construction, investment and development branches of Asia’s real estate industry are all seeing top level changes in their teams this week, including a new chairman at the Hong Kong division of China’s largest construction company and a… Read More>>
Warburg Pincus Said Selling Down VN Retail Stake and More Asia Real Estate Headlines
Vietnam, Los Angeles, and Shanghai all make a showing in today’s top real estate news from Asia with an account of a top US private equity firm looking to cash in on a Vietnam retail property leading the list.
In… Read More>>
Frasers Group Paying S$601M to Boost Stake in PGIM SE Asia Retail Fund to 67%
Frasers Property Ltd and Frasers Centrepoint Trust, a REIT managed by a unit of the Singapore-listed developer, are together acquiring an additional 31.66 percent stake in a PGIM retail real estate fund that owns a set of suburban Singaporean malls,… Read More>>
PE Giant KKR Said Raising $1.5B for Maiden Asia Real Estate Fund
US private equity pioneer KKR expects to reach a first close on its maiden Asia real estate fund within the next three months, according to a report today by Reuters.
The funding vehicle, which would be in addition to the… Read More>>
Real Estate Finance
Tahoe Sells Stake in Hangzhou Project in Scramble to Repay RMB 3B Bond This Week
Facing a 28 March deadline to repay principal and interest on a RMB 3 billion ($450 million) bond, Tahoe Group issued a statement to the Shenzhen … Read More>>
Yuzhou Properties Buys HK Office Floor From Chairman’s Wife for HK$898M
Members of the consortium that paid nearly $5.2 billion to purchase the Center on Hong Kong's Queen's Road in 2017 have been struggling in the city's … Read More>>
Oxley Reboots Sale of S$950M Singapore Hotels After Buyer Balks
Oxley Holdings has appointed new consultants to find a fresh buyer for its Novotel and Mercure hotels on Stevens Road after a previous suitor was … Read More>>
Shanghai
Dalian Wanda Buys Shanghai Commercial Site for RMB 575M
China's largest commercial developer is set to add to its portfolio of nearly 300 shopping malls after Dalian Wanda … Read More>>
Blackstone Said in Talks to Buy Pudong Commercial Complex for $1.5B
Blackstone Group is said to be in talks to acquire Chamtime Plaza, a commercial complex in Shanghai's Pudong district, … Read More>>
Soho China Opens RMB 5B Commercial Project in Shanghai’s Gubei
Developer Soho China opened the doors to its Kohn Pedersen Fox-designed Gubei Soho project in western Shanghai's … Read More>>
Singapore
Oxley Reboots Sale of S$950M Singapore Hotels After Buyer Balks
Oxley Holdings has appointed new consultants to find a fresh buyer for its Novotel and Mercure hotels on Stevens Road … Read More>>
Frasers Group Paying S$601M to Boost Stake in PGIM SE Asia Retail Fund to 67%
Frasers Property Ltd and Frasers Centrepoint Trust, a REIT managed by a unit of the Singapore-listed developer, are … Read More>>
Tencent Said Vying to Buy $3B Watsons Stake and More Asia Real Estate Headlines
Retail leads the way today in Mingtiandi's collection of real estate news from around the region, as the parent company … Read More>>
Projects
Kai Tak Residential Site Gets Six Bids From 10 Hong Kong Developers
Hong Kong’s Lands Department announced on March 22 that it had received six bids from a total of 10 developers for a 103,150 square foot (9,583 square … Read More>>
Dalian Wanda Buys Shanghai Commercial Site for RMB 575M
China's largest commercial developer is set to add to its portfolio of nearly 300 shopping malls after Dalian Wanda Commercial Management Group … Read More>>
Hong Kong’s MTR to Launch Tender for HK$2.7B Lohas Park Site This Month
Hong Kong’s MTR Corporation, is said to have launched a tender for a lot in the New Territories that could carry a land premium of HK$2.7 billion … Read More>>
Retail
Frasers Group Paying S$601M to Boost Stake in PGIM SE Asia Retail Fund to 67%
Frasers Property Ltd and Frasers Centrepoint Trust, a REIT managed by a unit of the Singapore-listed developer, are together acquiring an additional … Read More>>
SC Capital Buys Singapore Shopping Mall From AEW for S$230M
SC Capital Partners has agreed to purchase a community shopping centre in northeastern Singapore from a fund managed by AEW for S$230 million ($169.53 … Read More>>
Hong Kong’s Link REIT Buys Shenzhen’s Central Walk Mall for RMB 6.6B
Hong Kong’s Link REIT has acquired a shopping mall in Shenzhen’s Futian district for RMB 6.6 billion ($982 million) according to an announcement by … Read More>>
Asia Outbound
Korea’s Hana, JR AMC Buy Paris Office Block From Tishman Speyer for $194M
Korean investors continue to raise their profile in cross-border real estate investment as JR AMC has purchased an office building in France from … Read More>>
Far East Orchard Buys UK Student Housing Assets for £55M
Singapore-listed property developer Far East Orchard Limited has added three freehold student housing properties to its UK portfolio in a 622-bed deal … Read More>>
Greenland Hotels Signs Pair of Deals to Manage Thai Hospitality Projects
The hotel and tourism unit of Shanghai Greenland Group, one of China’s largest real estate developers, announced on March 6th that it has struck new … Read More>>
Hong Kong
Yuzhou Properties Buys HK Office Floor From Chairman’s Wife for HK$898M
Members of the consortium that paid nearly $5.2 billion to purchase the Center on Hong Kong's Queen's Road in 2017 have … Read More>>
Kai Tak Residential Site Gets Six Bids From 10 Hong Kong Developers
Hong Kong’s Lands Department announced on March 22 that it had received six bids from a total of 10 developers for a … Read More>>
House on Hong Kong’s Peak Sells at 26% Discount as Market Struggles
A luxury house on Hong Kong’s Victoria Peak has reportedly sold at a 26.5 percent discount from the seller’s original … Read More>>
Co-Working & Flexible Office
WeWork Unveils Tenth Singapore Outlet — And It Has a Pool
WeWork announced on Tuesday the official opening of its tenth location in Singapore, at 380 Jalan Besar in the city's … Read More>>
Mainland Co-Working Start-Up Kr Space Said Closing Six Centres Amid Cash Crunch
Mainland co-working provider Kr Space, a spinoff of Alibaba-backed tech media firm 36Kr, is said to be closing down six … Read More>>
Goldman-Backed Office Startup Atlaspace Hires New Head for Hong Kong
Goldman Sachs-backed co-working operator Atlaspace has announced the appointment of Wilma Wu as the head of its Hong … Read More>>
Research & Policy
China’s Top 100 Developers Grabbed 58% of the Real Estate Market in 2018
Growth in China's real estate market slowed in 2018, due to tighter credit and stricter policies, but the changing environment may have been tougher … Read More>>
China Home Sales Slow, But Real Estate Investment Rebounds in 2019
Growth in sales of real estate in China fell to 2.8 percent during January and February 2019 compared to the same period a year ago, with the value of … Read More>>
China Home Price Growth Slows and Cities Loosen Sales Rules
Home price growth in China declined to its slowest place in nearly a year during the first two months of 2019, according to official government … 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>>
