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Michael Cole

Gavin Morgan JLL

Gavin Morgan Named Hong Kong MD for JLL as Tsang Moves to Chairman Role

2019/06/20 by Michael Cole Leave a Comment

Property consultancy JLL has rejigged its senior leadership in Hong Kong, according to an announcement by the company today, as it expands Gavin Morgan’s role in the world’s most expensive real estate market.

Morgan, who has spent most of his… Read More>>

30 South Colonnade

Cindat, Oaktree Close on Acquisition of Reuters Building in London From HNA

2019/06/19 by Michael Cole Leave a Comment

Beijing-based Cindat Capital Management has teamed with Oaktree Capital Management to acquire 30 South Colonnade, an office building on London’s Canary Wharf from China’s financially challenged HNA Group, Mingtiandi has come to understand.

Although financial details of the transaction have… Read More>>

albert yeung Emperor International

Blackstone Unit Sells HK Commercial Building to Emperor Intl for HK$595M

2019/06/19 by Michael Cole Leave a Comment

Just three months after purchasing HNA Group’s principal Hong Kong real estate subsidiary for HK$7 billion (then $894.8 million), Blackstone has sold one of the company’s highest profile assets for HK$595 million, according to a pair of announcements to the… Read More>>

Hong KOng riot Police

Warehouse Giant ESR Postpones $1.24B Hong Kong IPO as City Boils Over

2019/06/14 by Michael Cole Leave a Comment

With protests over an extradition bill bringing an estimated one million people into the streets over the weekend, and police firing over 150 rounds of tear gas at demonstrators in a single day, logistics real estate platform ESR Cayman has… Read More>>

Pan Sutong Goldin

Goldin Forfeits HK$25M Deposit to Walk Away From Record Kai Tak Land Purchase

2019/06/11 by Michael Cole Leave a Comment

Goldin Financial is abandoning its HK$11.1 billion ($1.41 billion) purchase of a commercial site on the former runway of Hong Kong’s Kai Tak airport, citing the city’s economic and social instability as motivation for its decision.

The aborted land buy… Read More>>

warburg Pincus

Warburg Nears $4.25B Final Close on China-SE Asia Fund and More Asia Real Estate Headlines

2019/06/07 by Michael Cole Leave a Comment

Less than two weeks after filing the paperwork for its latest Asia fund, US-based private equity firm leads Mingtiandi’s roundup of real estate news with a report that it is ready to call a final close to the vehicle after… Read More>>

alibaba wang jian

ULI APAC Summit to Explore Asia’s Sustainable Future in Shanghai Next Week

2019/06/06 by Michael Cole Leave a Comment

Representatives of some of Asia’s biggest real estate developers, investors and service providers will be gathering in Shanghai next week for the Urban Land Institute’s Asia Pacific Summit 2019.

The event, which is organised annually by the property industry non-profit,… Read More>>

Stuart Gibson, Jeff Perlman, Wee Peng Cho ESR

Warburg Pincus-Backed Logistics Platform ESR Files for $1.24B Hong Kong IPO

2019/06/05 by Michael Cole Leave a Comment

ESR Cayman, which manages a portfolio of 152 logistics properties across Asia, has begun marketing to investors a HK$9.8 billion ($1.24 billion) initial public offering in Hong Kong, according to an announcement by the developer and fund manager today.

The… Read More>>

james-shepherd

James Shepherd Named Head of APAC Research for Cushman & Wakefield

2019/06/05 by Michael Cole Leave a Comment

James Shepherd has been promoted to head of research for Asia Pacific at Cushman & Wakefield, according to an update to the Glaswegian property executive’s LinkedIn account this week.

Shepherd, who has been with the US real estate consultancy for… Read More>>

ken caplan blackstone

Blackstone Agrees to Buy GLP US Assets for Record $18.7B

2019/06/03 by Michael Cole Leave a Comment

Blackstone and GLP announced today that they had reached an agreement for the New York-based alternative investment firm to purchase US warehouse assets from the Singapore-based logistics real estate firm for $18.7 billion.

The transaction, which comes just over one… Read More>>

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