Fast food could turn a quick book for the company behind China’s thousands of Burger King and KFC locations as Yum China looks set to join a growing movement among major mainland corporates to establish secondary listings in Hong Kong.
Pontiac Land JV for Mayo Clinic Hotel Felled by Coronavirus
The Trump administration’s failure to contain the coronavirus has claimed another victim this week, and this one is located in one of America’s most esteemed medical institutions.
The Mayo Clinic announced today that its joint venture with Singapore’s Pontiac Land… Read More>>
Hotel REIT AGM Stalls After Director Removed, Auditors Decline to Back Books
Hopes for reviving a troubled Singapore hotel REIT have dropped to their lowest setting as security holders in Eagle Hospitality Trust today rejected two of three board resolutions at its annual general meeting, including a motion to raise capital for… Read More>>
Asia Real Estate People in the News 2020-08-31
Senior management shifts at some of mainland China’s largest real estate firms lead Mingtiandi’s collection of people moves this week with major changes at China Vanke and department store operator Golden Eagle Retail.
There are also some familiar faces showing… Read More>>
China’s Couples Marry Later as Home Ownership Customs Delay Weddings
Despite home prices having risen by more than half over the past decade, nearly 81 percent of mainland China residents in a recent survey say that couples should buy a home before marriage.
The poll published last week by property… Read More>>
Singapore’s Straits Trading Buys UK Business Park for £76.7M
Singapore’s Straits Trading has revived the island nation’s romance with UK real estate with an announcement late yesterday that it had purchased a business park near London for approximately £76.7 million ($101 million) in cash.
The SGX-listed investment firm purchased… Read More>>
Hong Kong’s Cassette King Sells Stake in the Center at 35% Off
One of the most prominent members of an investment consortium which paid a record $5.15 billion to purchase an office building in Hong Kong’s Central district in November 2017 has just sold a chunk of his holdings in the 73-storey… Read More>>
GLP Launches $2.6B Open-Ended Japan Logistics Fund
GLP today announced the launch of a JPY 280 billion ($2.6 billion) Japan logistics vehicle as demand for warehouse assets in core markets continues to grow among institutional investors.
The company, which is the second-largest logistics developer in the world… Read More>>
Hong Kong Tenants Hand Back Offices for 12th Straight Month
The amount of office space leased in Hong Kong contracted for the twelfth straight month in July as a combination of economic uncertainty, public health emergencies and political tension kept tenants on the sidelines of the world’s most expensive real… Read More>>
Asia Real Estate People in the News 2020-08-24
Role changes in Hong Kong, Shanghai, Singapore and London feature in this week’s collection of people moves here on Mingtiandi, as we track yet another WeWork veteran seeking greener pastures and a board member at Vanke’s overseas unit moving on… Read More>>
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