SGX-listed AIMS APAC REIT (AA REIT) has agreed to buy a four-storey warehouse in western Singapore’s Jurong district for … Read More>>
Featured Stories
David Faulkner Tapped to Lead ULI’s APAC Operations
The Urban Land Institute (ULI) appointed David Faulkner as president for the Asia Pacific region with immediate effect, … Read More>>
Sponsored Features
SDP Investment Joint Venture Acquires Beijing Office Complex for $530M Project
Sigma Delta Partners Investment (“SDP Investment”) has formed a joint-venture with an international institutional … Read More>>
Valuation Management Catches on as APAC Real Estate Investors Adjust to 2020 Markets
An online platform that supports management of more than 8,000 commercial real estate assets worth over $650 billion has … Read More>>
Breaking News
AIMS APAC REIT to Buy Warehouse in Singapore’s Jurong for S$129.6M
SGX-listed AIMS APAC REIT (AA REIT) has agreed to buy a four-storey warehouse in western Singapore’s Jurong district for S$129.6 million ($94.4 million), notching the city’s biggest industrial deal thus far in 2020 as investors compete for logistics investment opportunities.
David Faulkner Tapped to Lead ULI’s APAC Operations
The Urban Land Institute (ULI) appointed David Faulkner as president for the Asia Pacific region with immediate effect, the real estate industry organisation announced on 6 August.
Faulkner joins ULI after a short break following a 16 year career with… Read More>>
Blackstone Said in Talks to Buy $1.5B in India Assets and More Asia Real Estate Headlines
Indian appeal leads Asia’s real estate headlines today as the recent success of the Mindspace office park REIT appears to be sparking more private equity investment on the subcontinent.
A report in the Times of India sees Blackstone in discussions… Read More>>
Singapore Office Building Selling for S$500M, 34% Over Valuation
Tuan Sing Holdings has agreed to sell the Robinson Point office building near Singapore’s Raffles Place central business district for S$500 million ($364.2 million), or 34 percent over the property’s book value, notching an above market deal after real estate… Read More>>
Building on Hong Kong’s Nathan Road Retail Strip Sells at 50% Off
A 16-storey building on Kowloon’s bustling Nathan Road commercial strip sold this past week at a 50 percent discount as Hong Kong’s property market continues to slide.
According to local media citing Land Registry records, the Tung Chiong Commercial Building… Read More>>
China Mobile Outbid Local Tycoons by 56% for Hong Kong Data Centre Site
When China Mobile snapped up a New Territories industrial site for HK$3.6 billion ($46 million) at a government auction last month, the mainland telecom giant outbid its closest competitor by 56 percent, according to an announcement by the Lands Department… Read More>>
Join the Top Real Estate Execs Responding to Mingtiandi’s Proptech Survey
Mingtiandi launched its proptech survey last week and has already received responses from top executives managing billions of dollars in real estate across the region.
To date, more than 80 responses to the survey have been received with over 75… Read More>>
Asia Real Estate People in the News 2020-08-10
In this week’s collection of leadership changes at Asia’s real estate developers, investors and other property professionals, a cash-strapped mainland builder has let go its CEO as it struggles to sell off stalled US projects.
Also in the news, regional… Read More>>
Real Estate Finance
Singapore Office Building Selling for S$500M, 34% Over Valuation
Tuan Sing Holdings has agreed to sell the Robinson Point office building near Singapore’s Raffles Place central business district for S$500 million … Read More>>
Building on Hong Kong’s Nathan Road Retail Strip Sells at 50% Off
A 16-storey building on Kowloon’s bustling Nathan Road commercial strip sold this past week at a 50 percent discount as Hong Kong’s property market … Read More>>
Vanke’s RMB 2.4B Buy of Tahoe Stake Blocked as Shares Frozen
China Vanke, the mainland’s biggest property firm by market value, last week appeared set to buy 19.9 percent of embattled villa developer Tahoe Group … Read More>>
Shanghai
Shanghai Office Rents Fell 3.7% in Q2 Despite Leasing Uptick
Despite more space being leased in recent months, Grade A office rents in Shanghai continued their downward slide in the … Read More>>
Logan Group Buys Shanghai Residential Plot for RMB 2.4B
Shenzhen-based Logan Group won a residential plot in Shanghai’s Yangpu District at a recent government land auction with … Read More>>
COVID-19 Concerns Shut Down HK Disneyland and More Asia Real Estate Headlines
Hong Kong’s housing market is rebounding but so is the coronavirus, leading to competing recovery stories at the top of … Read More>>
Singapore
AIMS APAC REIT to Buy Warehouse in Singapore’s Jurong for S$129.6M
SGX-listed AIMS APAC REIT (AA REIT) has agreed to buy a four-storey warehouse in western Singapore’s Jurong district for … Read More>>
Fragrance Group Puts Singapore Office Tower Up for Sale at S$715M
Singapore-based property developer Fragrance Group has put its 29-storey office tower on the edge of the Raffles Place … Read More>>
Troubled Shipping Firm Puts Singapore Office Building on the Block for S$350M
Financially-troubled Pacific International Lines, Singapore’s largest container shipping company, has put its office … Read More>>
Projects
China Mobile Outbid Local Tycoons by 56% for Hong Kong Data Centre Site
When China Mobile snapped up a New Territories industrial site for HK$3.6 billion ($46 million) at a government auction last month, the mainland … Read More>>
West Kowloon Land Sale Derailed by Hong Kong’s Corona Crisis
Hong Kong’s COVID-19 crisis has claimed its latest real estate victim -- with the impact of the coronavirus on the city’s retail and hotel markets … Read More>>
GDS, CITIC Fund Take on 63MW Data Centre in Beijing
GDS Holdings has set up a RMB 2.6 billion ($371 million) joint venture with a private fund management unit of state-run investment firm CITIC to … Read More>>
Retail
China Resources-Led Group Buying Hong Kong Supermarket Chain for $300M
China Resources Capital Management, the alternative investments arm of China’s state-owned conglomerate China Resources Holdings, said Thursday it and … Read More>>
Causeway Bay Shop Sold at 73% Loss as Virus Wave Menaces Hong Kong
Hong Kong’s retail property market is bracing for turbulent times as a street front shop in the world’s most expensive shopping district was sold at a … Read More>>
Frasers Sells Half of S$1.1B Mall to Thai Cousin at Mark-Up Amid Retail Slump
Despite slumping retail sales, a division of tycoon Charoen Sirivadhanabhakdi’s TCC Group has agreed to purchase a 50 percent stake in a suburban … Read More>>
Asia Outbound
Dalian Wanda Sells Chicago Project for $270M to Close Out Global Portfolio
Dalian Wanda Group last week announced that it had agreed to sell its 90 percent stake in a Chicago property project for $270 million, closing out the … Read More>>
Link REIT Buying Morgan Stanley European HQ From Hines for £371.4M
Link REIT has moved forward with its first acquisition in the western hemisphere as the Hong Kong-listed real estate investment trust today announced … Read More>>
Lippo’s OUE Sells Los Angeles Tower for $430M – 34% Below Book Value
OUE Limited, the Singapore-based property developer controlled by Indonesian conglomerate Lippo Group, said Friday that it has agreed to sell the … Read More>>
Hong Kong
Building on Hong Kong’s Nathan Road Retail Strip Sells at 50% Off
A 16-storey building on Kowloon’s bustling Nathan Road commercial strip sold this past week at a 50 percent discount as … Read More>>
China Mobile Outbid Local Tycoons by 56% for Hong Kong Data Centre Site
When China Mobile snapped up a New Territories industrial site for HK$3.6 billion ($46 million) at a government auction … Read More>>
West Kowloon Land Sale Derailed by Hong Kong’s Corona Crisis
Hong Kong’s COVID-19 crisis has claimed its latest real estate victim -- with the impact of the coronavirus on the … Read More>>
MTD TV
Mingtiandi MTD TV Series Reached 5,700 Viewers, 62% Director-Level or Above
Mingtiandi concluded its APAC logistics series one week ago, with the inaugural MTD TV video series pulling in more than … Read More>>
MTD TV Panel: Vietnam Logistics Real Estate Gains Favour With Investors in 2020
Warehouse properties in Vietnam have gained fresh appeal with investors across emerging markets in Asia, benefiting … Read More>>
Join Tuesday’s MTD TV Panel on Logistics Real Estate in Emerging APAC Markets
The COVID-19 crisis has disrupted economies across the region this year, but amidst the slowdown, has also laid bare … Read More>>
Research & Policy
Shanghai Office Rents Fell 3.7% in Q2 Despite Leasing Uptick
Despite more space being leased in recent months, Grade A office rents in Shanghai continued their downward slide in the second quarter of 2020, … Read More>>
Mingtiandi Proptech Survey 2020 to Begin Next Week
Companies across Asia Pacific have been faced with lockdowns, circuit breakers and travel bans this year which have quickly tested information and … Read More>>
APAC Real Estate Deals to Rebound After Slumping 32% Jan to June: JLL
Real estate investment volumes across Asia Pacific slumped 32 percent in the first half of 2020 compared to last year, falling to $60.4 billion as the … Read More>>
Design & Construction
Korea’s NPS Links Up with SL Green, Hines and KPF on $2.3B NYC Project
Korea’s National Pension Service and US developer Hines have teamed up to buy a 49.5 percent stake in a $2.3 billion New York redevelopment that lead … Read More>>
CITIC’s China Zun Opens as Beijing’s Tallest Building
Chinese financial conglomerate CITIC Group has inaugurated Beijing’s tallest skyscraper, formally known as the CITIC Tower, eight years after breaking … Read More>>
KPF Plans to Bridge Hangzhou’s West Lake, Grand Canal with RMB 19B Hang Lung Project
Hong Kong-based developer Hang Lung Properties has teamed up with New York-based architecture firm Kohn Pedersen Fox (KPF) Associates to begin … Read More>>
