A US megamansion leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the son of one of the co-chairmen of developer Guangzhou R&F is said to have offered $75 million, via the Zillow… Read More>>
Post-War Mansion on Hong Kong’s Peak Could Fetch Up to HK$6B
A Hong Kong property owned by the family of tin-mining tycoon Loke Yew has been put up for sale, with offers predicted to reach up to HK$6 billion ($770 million), according to market sources.
The 68-year-old mansion, which is being… Read More>>
Asia Real Estate People in the News 2019-07-22
In this week’s edition of People in the News, Indian billionaire property tycoon Niranjan Hiranandani has decided to pass on the baton to his 36-year-old son, Darshan Hiranandani, naming him as the group chief executive officer of Hiranandani Group.
In… Read More>>
WeWork Boss Said to Have Cashed Out $700M As First Taipei Location Opens
Within hours of US co-working provider WeWork announcing its expansion into Taiwan, a US news report revealed that co-founder Adam Neumann has cashed out more than $700 million from the company which hopes to achieve a public listing in the… Read More>>
Cromwell E-REIT Closes €80M French Office Buy and More Asia Real Estate Headlines
The country of love leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a Singapore-listed real estate investment trust has finalised the acquisition of three offices in France for €80 million, part of… Read More>>
Sunac Buys 3 Projects From Troubled Competitor for RMB 6.7B
Sunac China Holdings has acquired a set of three projects from financially troubled mainland competitor Xinhu Zhongbao (600208.SH), adding one million square metres (10.8 million square feet) to its land bank, as the developer continues to ramp up its project… Read More>>
Frasers Property Secures A$750M In Green Financing and More Asia Real Estate Headlines
Environmentally friendly developers lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a Singapore developer has secured $528 million in green financing.
In other news around the region, builders in the city with… Read More>>
Blackstone Buys Tokyo Warehouse Portfolio From Mapletree for $920M
Blackstone has snapped up a portfolio of Japanese warehouses that includes online shopping giant Amazon’s Greater Tokyo distribution centre for around JPY 100 billion ($920 million), as the US investment manager zeroes in on Japanese e-commerce.
Blackstone confirmed that a… Read More>>
CapitaLand Selling German Office to REIT for €133M and More Asia Real Estate Headlines
A German office building leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a major Singapore developer is selling an asset in a city famous for sausages to its primary commercial REIT for… Read More>>
Bain Pumps $300M Into Warburg Pincus-backed China Biz Park Developer
Boston-based Bain Capital Credit has committed $300 million to D&J China in a bid to accelerate the developer and fund manager’s next phase of growth, according to a joint announcement by the companies.
Set up five years ago by Warburg… Read More>>
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