Hong Kong’s richest man is showing some faith in the future of the city’s second-largest property developer, as CK Asset leads today’s real estate headline roundup with a report that the Li Ka-shing Foundation will fund a buy-back of shares… Read More>>
KKR, Abu Dhabi Fund Back A$1B Logos Development Venture in Australia
Logistics specialist Logos is getting some heavyweight backing for a new development venture in Australia, as the firm announced today that it has partnered with KKR and Abu Dhabi’s Mubadala Investment Company to take on a development project in Queensland… Read More>>
Wanda Topped Mainland Commercial Developers Again in 2020 Despite 13% Income Drop
With mainland China already recovering from the effects of the pandemic and looking forward to a vaccine-powered rebound, the impact of the COVID-19 crisis on the country’s retail sector can be seen etched across the financial performance of the country’s… Read More>>
Blackstone Ties $6B Crown Offer to Licences and More Asia Real Estate Headlines
The world’s largest real estate investor dominates the top two stories around Asia today as Blackstone appears to be putting the final touches on acquisitions in Australia and India, according to local news reports.
Singapore is also… Read More>>
Hongkong Land Leases Exchange Square Floors to S&P Despite Central Market Slide
Office rents have been falling in Hong Kong’s Central and the rationalisation of the world’s most expensive business location may have just brought a finance multinational back to one of the district’s trophy towers.
S&P Global moved into a two-floor… Read More>>
JLL Names New China Research Chief as Agencies Up Their Numbers Games
Property services company JLL has named a new chief for its China research team as the region’s top property consultancies compete to upgrade their market insight functions.
JLL, which has a team of 60 researchers in China, announced late last… Read More>>
Data Centre Startup Princeton Digital Lands $230M in Financing as China Platform Grows
The COVID-19 pandemic has focused investor attention on tech-driven real estate opportunities, with Warburg Pincus-backed data centre operator Princeton Digital Group providing the latest evidence of this trend with a new financing deal announced today.
Having recently completed a 42MW… Read More>>
Anjuke Boss Calls for RMB 4B Fine of Beike and More Asia Real Estate Headlines
Fines are in fashion in China as the boss of real estate listings site Anjuke seems to have been inspired by recent government action against Alibaba to call down government fury upon his larger competitor.
Singapore is… Read More>>
Colliers Makes Senior Hong Kong Hires as Agency Calls Bottom to Market Slide
Property services firm Colliers International released a report on Wednesday saying that the worst is over for Hong Kong’s real estate market and the company backed up that prediction just one day later by announcing a pair of senior hires… Read More>>
Asia Real Estate People in the News 2021-04-12
Back to work after holidays for Easter and the Tomb Sweeping festival, Asia’s real estate community is on the move again this week with Hong Kong-listed ESR naming a new director from one of its largest shareholders, and Hong Kong’s… Read More>>
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