In what is shaping up to be another busy year in succession planning in the Pearl River Delta, Kaisa Group Holdings Ltd announced to the Hong Kong stock exchange this month that Kwok Hiu-kwan, son of Kaisa co-founder… Read More>>
ESR Readies for $320M Korean REIT IPO in December
After achieving Hong Kong’s third-largest IPO of 2019, logistics giant ESR this month announced plans to raise fresh capital through an initial public offering of a Korean real estate investment trust in December.
The new REIT is being sponsored by… Read More>>
Abandoned WeWork Kowloon Location to Open as New IWG Centre
Hong Kong’s prime business districts continue to welcome expansion by the world’s largest full-service flexible workspace provider, as IWG is set to scoop up more spoils from the near collapse of former co-working giant WeWork.
The Switzerland-based office operator will… Read More>>
Li & Fung Retail Unit Sells Hong Kong Circle K Stores for $360M
After resetting itself as a private corporation last year, Hong Kong trading firm Li & Fung’s restructuring continues, this time with the sale of its Hong Kong and Macau Circle K stores to Quebec-based convenience store operator and brand owner… Read More>>
Hong Kong Dept Store Owner Closes In on $307M Buy of BP’s London HQ
Hong Kong-listed Lifestyle International Holdings is close to signing a deal to purchase BP’s London headquarters at posh 1 St James’s Square for a reported £235 million ($307 million), as investors from the Asian financial hub continue to favour London… Read More>>
Data Centre Operators Tackle APAC Expansion Challenges in MTD TV Panel Asia Data Centre Forum 2020
https://player.vimeo.com/video/474948125?h=5154aff6f1Video can’t be loaded because JavaScript is disabled: Mingtiandi Asia Data Centre Forum 2020: Developing and Operating Data Centres in APAC (https://player.vimeo.com/video/474948125?h=5154aff6f1)
The future of the world’s second largest data centre market will be defined by its… Read More>>
Goldin Receivers Reassert Control of Kowloon East Trophy Tower
Receivers controlling the Goldin Financial Global Centre (GFGC) in Hong Kong on Monday struck back at a Friday statement by Goldin Financial Holdings suggesting that it would continue to market the 28-storey tower.
Corporate restructuring firm Borrelli Walsh, which is… Read More>>
Blackstone, Actis Predict Continued Growth for APAC Data Centres on MTD TV Asia Data Centre Forum 2020
https://player.vimeo.com/video/472487607?h=c96ae99573Video can’t be loaded because JavaScript is disabled: Mingtiandi Asia Data Centre Forum 2020: Investment Funds and APAC Data Centres (https://player.vimeo.com/video/472487607?h=c96ae99573)
Data centres in Asia Pacific are expected to maintain their industry-leading growth, but investors should be… Read More>>
JLL Appoints Veteran Leasing Broker Fisher to Lead Vietnam Office
Global real estate consultancy JLL has named Paul Fisher as its new country head of Vietnam. Based in Ho Chi Minh City, Fisher will succeed Stephen Wyatt after the latter’s relocation to the UK.
Fisher will lead the firm across… Read More>>
AmCham Sells Hong Kong Office at Discount After Cutting Headcount by Half
US presence in Hong Kong took another hit earlier this month when the American Chamber of Commerce in the city sold its offices in Central at a discount.
AmCham Hong Kong sold its 5,968 square foot (554 square metre)… Read More>>