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Jesus Alcocer

Arthur Wang Poly Global

Poly Puts 49% Stake in Sydney Harbour Project on Market Amid Aussie Housing Skid

2019/02/26 by Jesus Alcocer Leave a Comment

Poly Global announced on Sunday that it will make available for purchase a 49 percent stake in its A$300 million ($215 million) Poly Centre development in central Sydney, as the Australian real estate arm of state-owned defense conglomerate China Poly… Read More>>

Lucas Loh CapitaLand

CapitaLand Tops Out RMB 24B Raffles City Chongqing

2019/02/25 by Jesus Alcocer Leave a Comment

CapitaLand announced on Monday that it has topped out the 1.2-million-square-metre Raffles City in Chongqing, a month after the Singapore-listed firm announced the S$11 billion acquisition of fellow government-backed developer Ascendas-Singbridge, its partner in the project.

Now structurally complete, the… Read More>>

Modi India

Modi Govt Cuts Real Estate Taxes by 87% in Run-Up to Election

2019/02/25 by Jesus Alcocer Leave a Comment

India’s Goods and Services Tax Council announced on Sunday that the country would lower taxes on unfinished and affordable homes, as Prime Minister Modi’s ruling Bharatiya Janata Party strives to boost the real estate sector ahead of the general elections… Read More>>

Kwek Leng Beng

CDL Affiliate First Sponsor Buys Dresden Hotel for €49.5M

2019/02/24 by Jesus Alcocer Leave a Comment

Singapore-listed hotel investment firm First Sponsor late last week announced the acquisition of the Westin Bellevue Hotel in Dresden, Germany for €49.5 million ($55 million), a purchase which adds to the close to €400 million the CDL Group affiliate has… Read More>>

Lucas Lo Similan

Macau Investor Tries for 23% Mark-Up One Year After Buying on Sheung Wan Building

2019/02/24 by Jesus Alcocer Leave a Comment

A consortium of Macao businesses is reportedly putting the Bonham Circus building in Sheung Wan on the market for HK$2.1 billion, a 23 percent premium over the price they paid for the property just one year ago.

Reports of an… Read More>>

Greg Peng Cindat

HNA Said Selling Pair of London Buildings to Cindat at Half-Price

2019/02/21 by Jesus Alcocer Leave a Comment

HNA Group is in advanced talks to sell the Reuters building in London for £135 million ($176 million), according to a report published yesterday by Bloomberg.

Should the deal be consummated, the insolvent mainland conglomerate would be selling 30 South… Read More>>

Petra Blazkova

China Led APAC Real Estate Markets with $31.2B in 2018 Deals

2019/02/21 by Jesus Alcocer Leave a Comment

China led all Asia Pacific markets in sales of income generating properties in 2018, taking the top spot for the second year in a row, according to a report by market data provider Real Capital Analytics (RCA).

Mainland… Read More>>

Darren Searle Logos

Logos Property Signs Deal for A$200M Sydney Logistics Project

2019/02/20 by Jesus Alcocer Leave a Comment

Logos Property has inked a deal to purchase a 15.2 hectare (152,000 square metre) site near Sydney from Melbourne-headquartered logistics firm Toll Group for an A$200 million ($143.27 million) project, according to a statement from the company.

The agreement paves… Read More>>

Hugh Young Aberdeen

Aberdeen Acquires Orion Partners to Build APAC Real Estate Team

2019/02/18 by Jesus Alcocer Leave a Comment

Aberdeen Standard Investments (ASI) announced on Monday that it has acquired Hong Kong-based Orion Partners for an undisclosed amount, adding the 19-year-old Asia-focused firm and its approximately $900 million of direct real estate investments in the region to the UK… Read More>>

Rohit Hegde of KSH Distriparks 

Morgan Stanley Invests $49M in Indian Logistics Developer

2019/02/18 by Jesus Alcocer Leave a Comment

Morgan Stanley Real Estate Investing has bought a majority stake in KSH Infra Pvt. Ltd, a Pune-based warehousing and logistics park developer for a reported INR 3.5 billion ($49 million), adding to the close to $2.3 billion poured into India’s… Read More>>

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