Canada’s IvanhoĆ© Cambridge and QuadReal Property Group are backing Logos Property’s India expansion through a joint venture that expects to invest $800 million in logistics facilities across the country, as global investors look to capitalise on India’s fast-rising industrial real… Read More>>
Soho China Sells Shanghai Complex to Gaw Capital in $754M Deal
Beijing-based developer Soho China is selling a Zaha Hadid-designed project on the western edge of Shanghai to a fund managed by private equity house Gaw Capital for a total consideration of RMB 5.01 billion ($754.1 million), as the company owned… Read More>>
Cushman & Wakefield APAC Chief Executive Stuart Roberts Said To Exit
Stuart Roberts, Chief Executive for the Asia Pacific region at Cushman & Wakefield is leaving the global real estate consultancy, industry sources have revealed to Mingtiandi. Inquiries to Cushman & Wakefield regarding Roberts’ status went unanswered at press time and… Read More>>
Hong Kong’s New World Wins Guangzhou Site for $314M
New World Group is deepening its commitment to mainland China by paying RMB 2.09 billion ($314.1 million) to acquire a plot of land in the southern city of Guangzhou, where the top Hong Kong developer will build a 250,000 square… Read More>>
Rosedale Hotel in Hong Kong’s Causeway Bay Sells for $211M
Hong Kong’s hotel investment market continues to heat up, with the Rosedale hotel in Causeway Bay reportedly selling to a director of Hong Kong’sĀ Shun Ho Property Investments for HK$1.65 billion ($211.4 million).
Jonathan Cheng (éåäæ), a director of Shun Ho… Read More>>
China Boosts Rental Housing Via RMB 270M Shenzhen-Listed Near-REIT
China is now enabling operators of rental housing projects to convert their income streams into listed securities, as the government moves toĀ foster affordable housing for the country’s growing middle class.
The Shenzhen Stock Exchange announced this month that China Young… Read More>>
Asia Real Estate People in the News 2017-10-24
In this week’s edition of People in the News, a spate of real estate professionals are settling into new roles at global property agencies, including a top occupier services executive landing at Cushman & Wakefield in Singapore. A Middle Eastern… Read More>>
Logan Property Pays $462M to Snatch Up Second SG Project This Year
China’s Logan Property has bought up the Florence Regency complex in Singapore for S$629 million ($462 million) with the hopes of redeveloping theĀ 389,236 square foot (36,161 square metre) site into as many as 1,446 homes,Ā according to a statement last week… Read More>>
Henderson Picks Up $135M Redevelopment Site in HK’s Mid-Levels
Henderson Land Development is paying a total of HK$1.05 billion ($134.5 million) to buy out a seven-storey apartment building in the Hong Kong’s upscale Mid-Levels neighbourhood, which the property giant plans to redevelop into a 30-storey tower.
The developer controlled… Read More>>
Singapore’s Ascott Makes $60M Silicon Valley Hotel Deal in Latest US Acquisition
Singapore’s CapitaLand is making its fourth US acquisition in less than six months, buying a Silicon Valley hotel through its serviced residence unit The Ascott Limited in a S$81.5 million ($60.1 million) project.
The investment amount includes Ascott’s planned refurbishment… Read More>>
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