Alibaba has made another deal aimed at China’s traditional shopping sector, with the e-commerce giant announcing an … Read More>>
Featured Stories
Kerry Properties Buys Hangzhou Site for RMB 6.8B
Hong Kong-listed Kerry Properties has won the rights to a 98,053 square metre (1 million square foot) site in the … Read More>>
Sponsored Features
JustCo Expands into Seoul, Sydney and Melbourne on Way by Mid-Year
As Asia’s shared office industry moves into a new phase in 2019, Singapore-based JustCo has added centres in three Asian … Read More>>
Taking Co-Living to New Heights in Shanghai
When creating their first co-living project, Cohost West Bund, the team at Cohost knew that it was critical to stand out … Read More>>
Breaking News
Alibaba Invests RMB 4.36B in Furniture Mall Operator Red Star Macalline
Alibaba has made another deal aimed at China’s traditional shopping sector, with the e-commerce giant announcing an investment in China’s largest retailer of furniture and home products, as the tech giant, continues to look for ways to leverage its online… Read More>>
Kerry Properties Buys Hangzhou Site for RMB 6.8B
Hong Kong-listed Kerry Properties has won the rights to a 98,053 square metre (1 million square foot) site in the eastern China city of Hangzhou after placing the winning bid of RMB 6.814 billion ($985 million) at a government auction,… Read More>>
CK Asset Said Exploring $2.9B Sale of Stake in Shanghai Project
Victor Li’s CK Asset Holdings is exploring the sale of its majority ownership in its last large-scale mixed-use development in Shanghai for up to RMB 20 billion ($2.9 billion), according to an account by Bloomberg.
Should the Hong Kong-based developer… Read More>>
Loss-making Luckin Coffee Hits $561M IPO Jackpot and More Asia Real Estate Headlines
Coffee leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that the Chinese rival to Starbucks has ground out $561 million from a larger-than-expected IPO, making the online to offline coffee chain full of beans.
Kr Space Rises From China’s Co-Working Dead with RMB 1B IDG-Led Funding Round
Financially troubled co-working space provider Kr Space announced on Wednesday that it has completed a RMB 1 billion ($145 million) round of funding, jointly led by IDG Capital, Gopher Asset Management and Hubei Yixing Capital.
Kr Space’s biggest fund-raising ever,… Read More>>
Goldin Buys 2nd Kai Tak Plot for Record HK$11.1B and More Asia Real Estate Headlines
Another Kai Tak land sale leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that Hong Kong developer Goldin Financial beat off stiff competition to win its second plot on the former airport for HK$11.1… Read More>>
HK Insurer Takes 126K SqFt Kwun Tong Lease as Kowloon East Keeps Pulling Tenants
Hong Kong’s FTLife Insurance is preparing to sign a lease for four office floors in Kowloon East, according to a local media account on 13 May, as the former industrial area continues to lure major corporate tenants away from traditional… Read More>>
WeWork Announces $2.9B Investment Platform with Ivanhoe, Rhone Group
WeWork parent The We Company continued its drive to expand beyond its co-working roots today as it announced the formation of a real estate investment and management platform backed by Canadian fund manager Ivanhoe Cambridge.
“Ark will focus on acquiring,… Read More>>
Real Estate Finance
Alibaba Invests RMB 4.36B in Furniture Mall Operator Red Star Macalline
Alibaba has made another deal aimed at China’s traditional shopping sector, with the e-commerce giant announcing an investment in China’s largest … Read More>>
Singapore’s CDL Acquires Shanghai Complex as Part of $974M Mainland Deal
Singapore-listed City Developments Ltd today announced RMB 6.7 billion ($974 million) in new investments in mainland China, including plans to take a … Read More>>
Huazhu Partners with Everbright Ashmore for China Hotel Investment Fund
Huazhu Hotels Group, a NASDAQ-listed hotel operator known for its network of economy hostelry chains in China, has teamed up with investment giant … Read More>>
Shanghai
CK Asset Said Exploring $2.9B Sale of Stake in Shanghai Project
Victor Li’s CK Asset Holdings is exploring the sale of its majority ownership in its last large-scale mixed-use … Read More>>
Singapore’s CDL Acquires Shanghai Complex as Part of $974M Mainland Deal
Singapore-listed City Developments Ltd today announced RMB 6.7 billion ($974 million) in new investments in mainland … Read More>>
Greenland Group Unveils Plan for RMB 100B Project on Shanghai’s South Bund
Just three months after buying a 50 percent stake in a site in Shanghai’s Huangpu district from financially troubled … Read More>>
Singapore
HK Airlines President Quits as HNA Saga Continues and More Asia Real Estate Headlines
HNA’s ongoing Hongkong Airlines saga leads the Mingtiandi roundup of Asia news again today as the financially challenged … Read More>>
AEW Appoints Former SC Capital Exec Gillian Chee in Singapore
AEW Capital Management has appointed Gillian Chee as a senior executive in its Asia Pacific team, according to an … Read More>>
AEW Buying Singapore’s Chevron House From Oxley for S$1B
Property developer Oxley Holdings has agreed to sell Chevron House, an office building at Raffles Place for up to … Read More>>
Projects
Kerry Properties Buys Hangzhou Site for RMB 6.8B
Hong Kong-listed Kerry Properties has won the rights to a 98,053 square metre (1 million square foot) site in the eastern China city of Hangzhou after … Read More>>
CK Asset Said Exploring $2.9B Sale of Stake in Shanghai Project
Victor Li’s CK Asset Holdings is exploring the sale of its majority ownership in its last large-scale mixed-use development in Shanghai for up to RMB … Read More>>
HK Insurer Takes 126K SqFt Kwun Tong Lease as Kowloon East Keeps Pulling Tenants
Hong Kong's FTLife Insurance is preparing to sign a lease for four office floors in Kowloon East, according to a local media account on 13 May, as the … Read More>>
Retail
Hong Kong’s Wang On Forms HK$653M JV With KKR for Ma On Shan Shopping Centre
US private equity giant KKR has agreed to take a 50 percent equity interest in a Hong Kong retail asset owned by Wang On Group and its development … Read More>>
Angelo, Gordon-Chellaram JV Selling Hong Kong Retail Podium to Wang On for HK$780M
A joint venture between US real estate fund manager Angelo Gordon and a Hong Kong family office serving one of the region's oldest shipping families … Read More>>
Perennial and SPH Sell Singapore Mall to Mitsubishi-CLSA Fund in S$520M Deal
Singapore’s Perennial Real Estate Holdings and a consortium of investors including Singapore Press Holdings (SPH) have agreed to sell a retail complex … Read More>>
Asia Outbound
Singapore’s SPH Spends £133.7M on 4th Purchase of UK Student Housing in 8 Months
Singapore Press Holdings (SPH), has acquired £133.7 million ($175.3 million) worth of student housing assets in the UK, allowing the publisher turned … Read More>>
GIC Takes 25% Stake in €2B European Hotel Group CitizenM
Singaporean sovereign wealth fund GIC announced last week that it had secured a 25 percent stake in the €2 billion ($2.25 billion) European hotel … Read More>>
Blackstone Buys Vancouver’s Bentall Centre From Anbang
Blackstone has teamed up with Los Angeles-based Hudson Pacific Properties to acquire the Bentall Centre in Vancouver from Anbang Insurance, a deal … Read More>>
Hong Kong
Goldin Buys 2nd Kai Tak Plot for Record HK$11.1B and More Asia Real Estate Headlines
Another Kai Tak land sale leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that Hong … Read More>>
HK Insurer Takes 126K SqFt Kwun Tong Lease as Kowloon East Keeps Pulling Tenants
Hong Kong's FTLife Insurance is preparing to sign a lease for four office floors in Kowloon East, according to a local … Read More>>
Arch Capital-Backed Co-Living Operator Opens 2nd Location in Hong Kong
Co-living provider Oootopia unveiled its second shared residence last week, according to an announcement by the company, … Read More>>
Co-Working & Flexible Office
Kr Space Rises From China’s Co-Working Dead with RMB 1B IDG-Led Funding Round
Financially troubled co-working space provider Kr Space announced on Wednesday that it has completed a RMB 1 billion … Read More>>
WeWork Announces $2.9B Investment Platform with Ivanhoe, Rhone Group
WeWork parent The We Company continued its drive to expand beyond its co-working roots today as it announced the … Read More>>
IWG’s Spaces Takes Over Xintiandi Co-Working Centre After Kr Space Default
Spaces, the co-working arm of European flexible office giant IWG, has taken over a 5,000 office space next to Shanghai's … Read More>>
Research & Policy
Govt Cracks Down on Illegal Villas and More China Real Estate Policy News
The latest regulatory wave in China involves the central government’s hard line on illegal villa developments, as Mingtiandi’s round-up of China … Read More>>
Hohhot Offers Half-Price Homes and More China Real Estate Policy News
Municipal government officials across China continue to show a taste for migrant home buyers, as Mingtiandi’s round up of China regulatory news finds … Read More>>
Tahoe Exec Linked to Gangster Buyer of Hong Kong Tower Detained in Shenzhen
A senior executive of Fuzhou-based property developer Tahoe Group is said to have been detained since last week for reasons suspected to be linked to … 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>>
