Casinos lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Australia’s king of gambling has given up a $1.3 billion chunk of his business to the son of Macau’s Godfather of Gambling, while… Read More>>
HK-listed Toy Retailer Brings NYC’s FAO Schwarz to China
One of the world’s oldest toy companies, FAO Schwarz, has opened its first store in China, bringing the Manhattan icon to a country better known for being a toy exporter.
Kidsland International Holdings Limited, which has a market capitalisation of… Read More>>
Arch Capital Buys Sydney Office Block for A$45M and More Asia Real Estate Headlines
A Hong Kong-based fund manager leads the way in Mingtiandi’s roundup of real estate headlines today with the news of a A$45 million transaction down under, while a S$2 billion collective-sale flop in Singapore adds another duck to a litany… Read More>>
Henderson Buys Beijing Resi Site for RMB 3B, Sets Price Record for Posh District
Henderson Land Development has purchased a residential plot in Beijing for RMB 3.02 billion ($440 million), according to an announcement by the Beijing Municipal Bureau of Land and Resources.
The developer shouldered aside nine other competitors, including mainland developers Country… Read More>>
China Drives Record $45B in APAC Commercial Real Estate Investment
Commercial real estate investment in Asia Pacific reached $45 billion during the first three months of the year, setting a new first quarter high, according to a new report released by property consultant JLL.
Transactions in China drove the spike,… Read More>>
Property Heirs Get Keys to $109B in HK Family Empires and More Asia Real Estate Headlines
Property dynasties lead the way in Mingtiandi’s roundup of real estate headlines today with the news that the biggest four Hong Kong tycoons have passed on empires worth a combined $109 billion, while the Chinese government has taken another step… Read More>>
Warburg Pincus Files for $4.25B China and Southeast Asia Fund
Warburg Pincus has filed paperwork for a new pooled private equity fund to target China and Southeast Asia with a target of $4.25 billion, according to an SEC filing by the company on 24 May.
The US private equity giant’s… Read More>>
SG Proptech Start-Up Raises Seed Funding From Mitsubishi Estate
GorillaSpace has raised seed investment led by Tokyo-listed real estate developer Mitsubishi Estate Company (MEC), according to an announcement by the Singapore-based start-up, which did not specify the amount of funding it would receive.
“GorillaSpace represents a fresh and exciting… Read More>>
CapitaLand Reshuffles Roles After $11B Merger and More Asia Real Estate Headlines
A leadership reshuffle leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that a major Singapore developer that now holds assets under management in excess of S$100 billion is going through a reorganisation at the… Read More>>
Asia Real Estate People in the News 2019-05-27
In this week’s edition of People in the News, a big Singapore developer makes a change at the top of its listed hospitality trusts, while a boutique investment firm which helped in the recent $1.34 billion acquisition of Beijing’s Dinghao… Read More>>
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