Popping up in today’s headlines, HNA is the latest Chinese dealmaker to grab the attention of the New York Times, who look into how a privately held company gets a $60 billion line of credit from government banks. Also in… Read More>>
ARA Hires JP Morgan, Morgan Stanley Veteran to Lead New Fund Launches
Singapore-based real estate investment specialists ARA Asset Management has brought on board former JP Morgan and Morgan Stanley executive Stephen Tang to fill a key role with its private funds division, Mingtiandi has learned.
Stephen Tang, who most recently served… Read More>>
Wanda Said in Talks to Bail Out $1.7B Bandar Malaysia Deal and More Asia Real Estate Headlines
Leading today’s headlines, China’s richest man looks set to once again test the limits of the country’s capital controls and help us define the boundaries of “rational deals” as Dalian Wanda is said to be in talks to take over… Read More>>
Yan Jianguo Named Chairman in COLI’s Latest Leadership Change
China Overseas Land and Investment (COLI) yesterday announced the third major change in its senior leadership over the past six months, replacing chairman Xiao Xiao with Yan Jianguo, according to a statement to the Hong Kong stock exchange by the… Read More>>
Asia Real Estate People in the News 2017-05-08
This week new roles for Asia’s real estate professionals are led by a pair of C-suite moves at listed developers in Hong Kong and Singapore. Also finding new homes early in the year’s fifth month are a budding investment broker… Read More>>
Chinese Estates Buys Listed London Building for ₤175M
Reports of Brexit doom and snap elections are attracting more Asian buyers to UK real estate, with Hong Kong billionaire Joseph Lau’s Chinese Estates becoming the latest to scoop up discounted assets in London.
Lau’s Hong Kong-listed development company has… Read More>>
Sino-Ocean Land Buys SF Office Building From Gaw Affiliate for $42M
Beijing-based Sino-Ocean Land has become the latest Chinese developer to bet on the Bay Area real estate market, after the state-owned giant bought a San Francisco office asset from Goodwin Gaw’s Downtown Properties, according to an account in TheRegistry.com.
Sino-Ocean,… Read More>>
Phoenix’ Sale of Kowloon’s Kwun Tong View Confirmed at $225M
Hong Kong-base real estate investment house Phoenix Property Investors has sold Kwun Tong View for $225 million (HK$1.99 billion) to a local private investor, according to a recent announcement by Colliers International, which represented Phoenix in the asset disposal.
The… Read More>>
Kushner Family Leverage Trump Connections in Mainland EB-5 Push
Donald Trump may have campaigned against immigration when he ran for president, but the family of White House advisor and First-son-in-law Jared Kushner is promoting immigration to the US as part of their own campaign to drum up $150 million… Read More>>
Hong Kong Home Sales Jumped 20% in April and More Asia Real Estate Headlines
Hong Kong has the world’s most expensive homes, but the city’s famous unaffordability seemed to only attract more buyers in April, as housing sales rose 20 percent. Also in the news, a Singaporean developer expands its Sydney footprint, and John… Read More>>
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