A hotel in Hong Kong’s Sai Ying Pun district recently changed hands for HK$310 million ($40 million), taking a 30 percent shave off the HK$450 million asking price when it was put on the market in May.
Beijing-based Vantone Holdings,… Read More>>
Gaw Capital Raises $900M for Education, Property Deals
Hong Kong-based property investment firm Gaw Capital Partners has won a fresh investment mandate totaling $900 million, the company announced in a statement this week.
The capital commitment, which comes from an unnamed institutional investor, will be… Read More>>
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>>
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 seeming to be the culprit in the death of a land sale in Kowloon.
The… Read More>>
ESR Names New Capital Chief in Management Reshuffle
Logistics real estate platform ESR’s Charles de Portes will step down as group president in January 2021 to pursue philanthropic interests, one of several management changes announced late last week by the Warburg Pincus-backed firm.
Now 50, De Portes co-founded… Read More>>
