Singapore’s CDL is back in the news again today after it appears to have achieved its mission of buying out a London-listed hotel chain already controlled by the property firm. Also grabbing some air time is mainland media darling and… Read More>>
Singapore’s CDL and Friends Acquire Frankfurt Hotel for $100M
With investors from China still hobbled by that country’s restrictions on capital outflows, the mainland slowdown is leaving the stage open for buyers from one of Asia’s smallest nations to land deals in a growing list of locations.
Today, the… Read More>>
GIC, M&G Join Bidding for $400M Seoul Tower and More Asia Real Estate Headlines
South Korea continues to push its way back into the investment target area today as a $400 million Seoul office tower is said to receive bids from Singapore’s GIC and London-based M&G. Slightly to the south and west, Houston-based Hines… Read More>>
Frasers Centrepoint Bids S$955M for Former Zouk Site and More Asia Real Estate Headlines
Singapore’s development fever leads the regional news again today as the city’s best-known Thai-owned developer leads the bidding for a condo site which remains vaguely familiar from Mingtiandi’s misspent youth. Also in the headlines, Southeast Asia’s fine city is all… Read More>>
Mortgage Scams Add Fresh Excitement to China Credit Mix and More Asia Real Estate Headlines
China is famous for its paperwork, but many Mingtiandi readers may not yet know about the three different purchase contracts often being used to buy housing in the country’s heavily regulated markets. Also in the news today, Starbucks goes super-venti… Read More>>
BNP Paribas Takes 8 Floors in Taikoo Place as Multinationals Flee HK’s Central
BNP Paribas, a $2.4 billion financial giant, has decided that it may not have the cash to maintain an address in Hong Kong’s Central district and is picking up stakes for Quarry Bay.
The company, which is the world’s sixth-largest… Read More>>
Robert Kuok’s Allgreen Buys Two SG Sites for $490M and More Asia Real Estate Headlines
One of Asia’s senior property barons leads us into the new week with news that a developer controlled by the boss of Shangri-La hotels and Kerry Properties has acquired nearly half a billion dollars worth of Singapore sites. Also grabbing… Read More>>
Phoenix Announces Sale of Pair of Hong Kong Properties for Combined $322M
Phoenix Property Investors seized the opportunity presented by Hong Kong’s surging real estate market by announcing the sale of a pair of properties in the city this week for a combined $322 million.
The two disposals by the private equity… Read More>>
GLP Shareholders Approve Ming Mei-Vanke Buyout and More Asia Real Estate Headlines
At the top of today’s news, GLP boss Ming Mei has crossed the last hurdle in his scheme to buy out the SG-listed warehouse builder with some help from China Vanke and some well-financed friends. Also getting some ink, prices… Read More>>
HNA Seeks to Sell Offshore Real Estate Holdings After Mainland Crackdown
After making more than $30 billion in cross-border acquisitions, China’s HNA Group says that it is trying to sell some of its offshore holdings, particularly real estate, after it was targetted for credit checks by mainland authorities earlier this year…. Read More>>
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