New World Development’s K11 division has won an occupancy permit for its latest Hong Kong office project, kicking off … Read More>>
Featured Stories
Tencent-Backed Vipshop Buys Five China Outlet Malls for RMB 2.9B
China's online retail giants continued their invasion of the physical shopping world this past week as a fashion … Read More>>
Wing Tai JV Said Buying London Office Building for £225M
A Hong Kong joint venture fronted by a privately-held affiliate of Wing Tai Group has agreed to buy an office building … Read More>>
Sponsored Features
$754M Deal Shows Ongoing Investor Demand for Singapore Office Assets
Singapore’s CBD is seeing decade-high capital values, driven by strong demand for quality office space in the Island … Read More>>
Benoy Designs a Twin for Tashkent — A 2,000-Year-Old Silk Road Capital
Global design firm Benoy has unveiled a vision for a new metropolis along Asia’s silk road, creating a masterplan for a … Read More>>
How Technology Supercharges Co-Working
The coworking and flexible space trend has taken off in recent years but will need to evolve with new technology to … Read More>>
Breaking News
New World’s K11 Atelier King’s Road Project Now Half-Leased in Eastern Hong Kong
New World Development’s K11 division has won an occupancy permit for its latest Hong Kong office project, kicking off formal leasing activity for K11 Atelier King’s Road, according to an announcement by the company late last week.
The 22-storey office… Read More>>
Greentown Chairman Steps Down as CCCC Exerts Control of Hangzhou Developer
Luxury home builder Greentown China Holdings announced late last week that its co-chairman Song Weiping had resigned from the company he founded twenty-four years ago in a move seen as unifying control of the Hangzhou-based developer.
Song, who had sold… Read More>>
Colliers Brokers Sale of HK$500M in Causeway Bay Assets to SilkRoad and More Agency Wins Mingtiandi Broker Battle
A commercial property deal in Hong Kong tops Mingtiandi’s list of brokerage victories this week with Colliers International brokering the sale of a combined 46,241 square feet of space in Causeway Bay for HK$500 million ($64 million).
Knight Frank and… Read More>>
Asia Real Estate People in the News 2019-07-15
In this week’s edition of People in the News, the chairman of Evergrande Life resigns after three years with the Shenzhen-based developer’s insurance division, while the general manager of Vanke’s struggling long-term lettings business also says goodbye.
In other fresh… Read More>>
Tencent-Backed Vipshop Buys Five China Outlet Malls for RMB 2.9B
China’s online retail giants continued their invasion of the physical shopping world this past week as a fashion ecommerce player backed by Tencent and JD.com agreed to buy an outlet mall chain for RMB 2.9 billion ($422 million).
New York… Read More>>
Fosun Said Making £750M Bid for UK’s Thomas Cook and More Asia Real Estate Headlines
Shares in Fosun’s money losing tourism unit have been on the slide since their Hong Kong IPO in December, and now mainland investment guru Guo Guangchang leads Mingtiandi’s roundup of real estate headlines with the news that he is set… Read More>>
Ping An-Landsea Green Fund Acquiring Office Assets in Shanghai’s Zhangjiang Hi-Tech Park
A joint venture between Ping An Real Estate and Landsea Green Group, the listed platform of Nanjing-based Landsea Group, has agreed to acquire an office property in Shanghai’s Zhangjiang High Tech Park, for an undisclosed sum, according to a Hong… Read More>>
Wing Tai JV Said Buying London Office Building for £225M
A Hong Kong joint venture fronted by a privately-held affiliate of Wing Tai Group has agreed to buy an office building in London for around £225 million ($282 million), according to an account by the UK media.
The Hong Kong… Read More>>
Real Estate Finance
Greentown Chairman Steps Down as CCCC Exerts Control of Hangzhou Developer
Luxury home builder Greentown China Holdings announced late last week that its co-chairman Song Weiping had resigned from the company he founded … Read More>>
Ping An-Landsea Green Fund Acquiring Office Assets in Shanghai’s Zhangjiang Hi-Tech Park
A joint venture between Ping An Real Estate and Landsea Green Group, the listed platform of Nanjing-based Landsea Group, has agreed to acquire an … Read More>>
Keppel Capital, KBS File for $813M IPO of US REIT in Singapore
Keppel Capital, together with partners from the US and Singapore, has filed the final paperwork to launch a $813 million Singapore IPO of a set of 11 … Read More>>
Shanghai
Ping An-Landsea Green Fund Acquiring Office Assets in Shanghai’s Zhangjiang Hi-Tech Park
A joint venture between Ping An Real Estate and Landsea Green Group, the listed platform of Nanjing-based Landsea Group, … Read More>>
LaSalle Set to Open Five New China Logistics Facilities in 2020
LaSalle Investment Management has broken ground on five new logistics developments that will deliver 359,000 square … Read More>>
Yanlord Buys Residential Site in Shanghai’s Jing’An District for RMB 3.4B
Singapore-listed Yanlord Land Group has shouldered aside bids from a trio of mainland rivals to win a residential parcel … Read More>>
Singapore
Dyson Pays S$74M for Singapore’s Priciest Penthouse Ever
Britain’s pioneer of bagless vacuum cleaners and bladeless fans, James Dyson, has already broken new ground in his … Read More>>
Property Mogul Charged with Molestation and More Asia Real Estate Headlines
The disgraced former chairman of a Hong Kong-listed developer leads the way in Mingtiandi’s roundup of Asia real estate … Read More>>
$754M Deal Shows Ongoing Investor Demand for Singapore Office Assets
Singapore’s CBD is seeing decade-high capital values, driven by strong demand for quality office space in the Island … Read More>>
Projects
New World’s K11 Atelier King’s Road Project Now Half-Leased in Eastern Hong Kong
New World Development’s K11 division has won an occupancy permit for its latest Hong Kong office project, kicking off formal leasing activity for K11 … Read More>>
K&K Property Buys Kowloon Project From CSI for HK$1.8B
Hong Kong's K&K Property has acquired three 1960s-era buildings in Tsim Sha Tsui for redevelopment, according to Knight Frank, which brokered the … Read More>>
China Resources Land, Poly Developments Win Kai Tak Site for HK$12.9B
Hong Kong’s Lands Department announced on Wednesday that a joint venture between China Resources Land and Poly Developments won a tender for the … Read More>>
Retail
Tencent-Backed Vipshop Buys Five China Outlet Malls for RMB 2.9B
China's online retail giants continued their invasion of the physical shopping world this past week as a fashion ecommerce player backed by Tencent … Read More>>
Suning Buys Carrefour’s China Operation Off the Discount Shelf at RMB 4.8B
Chinese retailer Suning.com has agreed to buy an 80 percent stake in Carrefour Group’s China unit for RMB 4.8 billion ($699 million) in cash, … Read More>>
Shui On’s SOCAM Ready to Flip Kowloon East Ginza Building for HK$386M
Vincent Lo’s SOCAM Development Limited is ready to sell off a commercial building in Hong Kong at a nearly 12 percent mark-up over what it paid to … Read More>>
Asia Outbound
Wing Tai JV Said Buying London Office Building for £225M
A Hong Kong joint venture fronted by a privately-held affiliate of Wing Tai Group has agreed to buy an office building in London for around £225 … Read More>>
ARA Takes Aim at European Assets with Launch of UK Joint Venture
Warburg Pincus-backed ARA Asset Management has set up its first ever direct fund management platform in Europe, according to a company announcement … Read More>>
Korea’s Mirae Buys Paris Tower for KRW 1.08T
South Korea investment brokerage Mirae Asset Daewoo, together with French asset manager Amundi Real Estate has completed its acquisition of the … Read More>>
Hong Kong
New World’s K11 Atelier King’s Road Project Now Half-Leased in Eastern Hong Kong
New World Development’s K11 division has won an occupancy permit for its latest Hong Kong office project, kicking off … Read More>>
Hong Kong Hotel Designer Andre Fu Buys Floor in Central for HK$82M
Hong Kong hotel designer and Macau casino heir Andre Fu, has purchased a floor in a commercial building in Hong Kong’s … Read More>>
China Resources Land, Poly Developments Win Kai Tak Site for HK$12.9B
Hong Kong’s Lands Department announced on Wednesday that a joint venture between China Resources Land and Poly … Read More>>
Co-Working & Flexible Office
Mainland Co-Working Contender Ucommune Said Aiming for $200M US IPO
Ucommune, WeWork’s biggest rival in mainland China, is reportedly planning to raise as much as $200 million in a US IPO … Read More>>
WeWork Said Planning to Buy Back India Business for $1.9B
US co-working unicorn WeWork is planning to take majority control of its India affiliate in a deal worth $1.9 billion … Read More>>
Indonesian Co-Working Player CEO Suite Takes Kowloon Office Forfeited by Kr Space
Jakarta-based co-working provider CEO Suite is opening a 27,000 square foot (2,508 square metre) office location in New … Read More>>
Research & Policy
Country Garden Sales Drop 6% – Still Lead China’s Top 10 Builders
Country Garden has retained its crown as China’s top developer, measured by contracted sales, despite being one of only two of the nation’s top ten … Read More>>
HK Housing Sales Jumped 50% in May, But Analysts Warn of Coming 10% Price Slide
Despite growing uncertainty over the US-China trade war and protests of a proposed extradition law, the value of homes sold in Hong Kong reached … Read More>>
China Drives Record $45B in APAC Commercial Real Estate Investment
Commercial real estate investment in Asia Pacific reached $45 billion during the first three months of the year, setting a new first quarter high, … 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>>
