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James Hatton

thaili chi kailong

Kailong Raises $575M to Close Greater China USD Fund at 30% Over Target

2019/10/25 by James Hatton Leave a Comment

Kailong Real Estate Investment has announced that its second US-dollar denominated, China-focused property fund has reached a final close of $575 million — more than 30 percent above the fund manager’s original target.

The announcement comes six months after the… Read More>>

wework shenzhen

WeWork’s Shanghai Centres Said to Be 35% Vacant and More Asia Real Estate Headlines

2019/10/25 by James Hatton Leave a Comment

A pair of Softbank ventures at different stages of the venture-fueled business arc lead Mingtiandi’s collection of real estate headlines today, as the FT reports that WeWork now has more than 15,000 empty desks in Shanghai alone. That struggle in… Read More>>

Yanlord Land Offers to Buy Out United Engineers in S$1.7B Deal

2019/10/25 by James Hatton Leave a Comment

Shanghai-based Yanlord Land Group is making a mandatory cash offer for United Engineers Limited in a deal that values the century-old property company at S$1.7 billion ($1.25 billion).

The developer chaired by mainland native Zhong Sheng Jian, who is also… Read More>>

Singapore’s Hmlet Launches Its Largest Co-living Space in Australia

2019/10/24 by James Hatton Leave a Comment

Co-living specialist Hmlet has launched its largest location in Sydney, as the Singapore-based company continues to widen its reach in the Australian capital.

The 82-rooms co-living space, which is set to open on 15 November, will boost the company’s portfolio… Read More>>

One Indiabulls Centre in Mumbai

Blackstone Tees Up India Logistics Push and More Asia Real Estate Headlines

2019/10/24 by James Hatton Leave a Comment

Indian sheds lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a US private equity giant is alleged to be lining up a $150 million logistics deal with a major Indian developer.

In… Read More>>

Hong Kong’s LimeTree Capital Buys Soho China Parking Portfolio for RMB 761M

2019/10/23 by James Hatton Leave a Comment

LimeTree Capital has acquired a portfolio of nine underground car parks in Beijing for RMB 761 million ($107 million) from Soho China, as the private equity company increases its holdings of what it calls an “undervalued and under-researched” asset.

The… Read More>>

PropertyGuru Cancels A$1.2B IPO Amid “Market Uncertainty” 

2019/10/23 by James Hatton Leave a Comment

PropertyGuru has pulled its proposed initial public offering, just two weeks after filing its IPO prospectus with the Australian Securities and Investment Commission.

The Southeast Asia property listings platform, which was seeking to raise up to A$380 million ($260 million)… Read More>>

World’s Priciest Parking Spot Sells for $969K in Hong Kong and More Asia Real Estate Headlines

2019/10/23 by James Hatton Leave a Comment

A world record parking space leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that logistics tycoon Johnny Cheung Shun-yee has sold a bay in a Hong Kong office tower for just under $1… Read More>>

Temasek Bids for Controlling Stake in Keppel Group in S$4.1B Deal

2019/10/22 by James Hatton Leave a Comment

Singapore’s Temasek Holdings has made a bid to take a controlling stake in Keppel Corp through an offer that values the engineering, infrastructure and real estate group at S$4.1 billion ($3 billion).

If successful, the offer will give the state… Read More>>

Datuk Paul Khong Named Head of Savills Malaysia

2019/10/22 by James Hatton Leave a Comment

Savills has named Datuk Paul Khong as head of its Malaysia business following the departure of executive chairman Chris Boyd and deputy executive chairman Allan Soo.

Khong will be taking the reins at the company that until four years ago… Read More>>

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