A commercial real estate investment trust sponsored by an Australian developer leads the way in Mingtiandi’s roundup of real estate headlines today with the news that the REIT has officially launched on the Singapore stock exchange, in an offering aiming… Read More>>
Canadian Ambassador’s Marriage to Blackrock APAC Boss Raises Conflict of Interest Concerns
Just months after Canada fired its ambassador to China for questioning his country’s approach to the US-Huawei dispute, the North American country’s chosen replacement is facing questions of potential conflicts of interest surrounding his wife’s role as head of Blackrock… Read More>>
JP Morgan Selling 195 Broadway in NYC to Korean Investors for $500M
JP Morgan has reached an agreement to dispose of Manhattan’s landmark 195 Broadway to a consortium led by Korea Investment & Securities and Samsung SRA Asset Management for KRW 600 billion ($500 million), according to the Korea Economic Daily.
JP… Read More>>
Fosun to Take $1.5B Hit on Thomas Cook Collapse and More Asia Real Estate Headlines
A former British travel agency leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a mainland China conglomerate is set to take a $1.5 billion hit after the tour operator’s collapse.
In other… Read More>>
68% in Citi Survey Say It’s a Terrible Time to Buy a Home in Hong Kong
Homebuyer confidence in Hong Kong’s residential market, which as recently as April had led experts including UBS to predict a bull run that would last at least another decade, is in a state of free fall, according to a Citibank… Read More>>
Aberdeen Standard Appoints Former Schroders Exec to Lead Japan Business
Aberdeen Standard Investments, the asset management arm of London-listed Standard Life Aberdeen, has named Ken Yajima as chief executive officer and representative director of its Japan business.
Based in Tokyo, the former Schroders executive Yajima succeeds Neil Slater, who has… Read More>>
Korea Post Earmarks €200M for Global Housing Spend and More Asia Real Estate Headlines
South Korea leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the savings arm of the East Asian nation’s national postal service plans to spend up to €200 million in the US and… Read More>>
Savills Scores Hong Kong Office Sale to Lead Brokerage Wins Mingtiandi Broker Battle
A successful, if slightly unusual, sale of a vertical slice of a Hong Kong commercial property leads this edition of Mingtiandi’s roundup of agency wins, with Savills brokering the HK$780 million ($100 million) disposal of 59 percent of the Winway… Read More>>
Asia Real Estate People in the News 2019-09-23
In this week’s edition of People in the News, JLL says goodbye to its head of valuation advisory services in Asia and Greater China, while Colliers prepares to welcome the outgoing professional services chief, according to market sources who spoke… Read More>>
IWG Rolls Out “McDonald’s-Style” Regus, Spaces Franchises in Hong Kong
While WeWork’s IPO fiasco continues to shake the co-working universe, the world’s largest serviced office provider has announced that it has begun making available franchise opportunities under its Regus and Spaces brands in Hong Kong.
IWG, which started operating flexible… Read More>>
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