Asia real estate and outbound investment news
Beijing’s controversial new security law may worry many Hong Kong residents, but potential property investors seem to see the new legislation as an opportunity to pick up office assets on the cheap, according to one news account today.
Also finding… Read More>>
Warburg Pincus is boosting its interest in ARA Asset Management to almost half of the company’s issued shares, in the first changes to the shareholding structure of the Singapore-based fund manager since it was taken private in 2017.
Through a… Read More>>
Allianz Real Estate, the property investment arm of the European insurance giant, opened offices in China and Japan this month as part of an Asia Pacific expansion drive which saw the company grow its portfolio in the region by 83… Read More>>
SRE Group is seeking a buyer for its 51 percent stake in a mixed-use project in Shanghai, as the unit of China Minsheng Investment Group tries to stem escalating losses in the wake of an embezzlement scandal that saw its… Read More>>
A Hong Kong landlord leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the owner of the Murray Hotel in Central has raised close to $1 billion by selling off its shareholdings in Facebook and Amazon.
In this week’s edition of People in the News, a Morgan Stanley spinoff appoints a new head of real estate coverage for Asia Pacific, while the manager of a Keppel Capital-backed REIT has brought on board a former Maybank Kim Eng… Read More>>
Stocks in Hong Kong’s major developers, including Sun Hung Kai, CK Asset and Wheelock, plunged on Friday on the news that Beijing is planning to impose controversial national security laws in Hong Kong.
After China’s central government on Thursday announced… Read More>>
A beleaguered fashion chain leads Mingtiandi’s roundup of Asia real estate headlines today with the news that the company’s share price has rallied on the news that Chinese gymnastics star Li Ning has offered to buy a 67 percent stake… Read More>>
A consortium comprising Hong Kong’s Phoenix Property Investors, UK-based fund manager Actis and South Korean developer SK D&D has sold a two-tower office complex in southwestern Seoul for KRW 545.8 billion ($449.2 million).
The tri-national team offloaded the Young City… Read More>>
Oxley Holdings has received an expression of interest from an anonymous suitor to buy the retail and banking podium of Singapore’s Chevron House for S$315 million ($223 million), the company said this week, with the reported offer coming in 34… Read More>>
