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Ming Mei GLP THUMB

Vantone Buys Hong Kong Hotel at 30% Discount as Tourist Drought Continues

2020/08/16 by Elizabeth Utley Leave a Comment

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>>

Christina Gaw tb2

Gaw Capital Raises $900M for Education, Property Deals

2020/08/13 by Elizabeth Utley Leave a Comment

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 ULI

David Faulkner Tapped to Lead ULI’s APAC Operations

2020/08/11 by Elizabeth Utley Leave a Comment

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>>

Duncan Pescod West Kowloon

West Kowloon Land Sale Derailed by Hong Kong’s Corona Crisis

2020/08/08 by Elizabeth Utley Leave a Comment

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_Josh Daitch

ESR Names New Capital Chief in Management Reshuffle

2020/08/03 by Elizabeth Utley Leave a Comment

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>>

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