Leading the news today, one of China’s biggest buyers of real estate assets is now moving into the media sector with a deal for one of the country’s best known business publications. Also in the headlines, Singapore’s CDL is making… Read More>>
Nanjing Demolition Plan Leads to 160 Divorces in Two Days
The Guinness Book of World Records doesn’t have an entry for the world’s largest mass divorce, so a group of 320 villagers in Jiangbei township in the city of Nanjing may have just missed an opportunity at gaining their portion… Read More>>
Li Ka-shing and Guo Guangchang Battle for Parking Space and More Asia Real Estate Headlines
At the top of the page today, some of Asia’s wealthiest investors are bidding for the rights to run a fleet of European parking lots. Also in the news, China’s much discussed but seldom encountered property tax has just moved… Read More>>
Far East Consortium Selling Kowloon Hotel to Nanjing Developer for HK$450M
A hotel subsidiary of Hong Kong’s Far East Consortium has agreed to sell a hotel in Hong Kong’s Mongkok area to a Nanjing-based developer for HK$450 million ($58 million) in the latest acquisition by Chinese real estate developers in the… Read More>>
Ascendas-Singbridge Breaks Ground on Joint Office Project in Singapore
Singaporean developer Ascendas-Singbridge broke ground on the redevelopment of a 500,000 square foot (46,500 square metre) office project in the city’s central business district on Friday, together with partners Mitsui & Co and Tokyo Tatemono Co.
The joint Singaporean-Japanese effort… Read More>>
Singapore’s UOL Buys Melbourne Hilton from Host Hotels & Resorts JV for $175 Mil
Singapore-listed real estate conglomerate UOL Group continued to expand its hospitality holdings last week with the announcement of an agreement to purchase the Hilton Melbourne South Wharf hotel in Melbourne, Australia for A$230 million ($175 million).
UOL, which is the… Read More>>
Asia Real Estate People in the News 2017-03-06
Big moves at a sovereign wealth fund and a NYSE-listed Chinese developer top the list of familiar faces in new places among the region’s real estate community this week, with ADIA’s head of real estate for Asia leading the way…. Read More>>
Tan Swee Yiow Takes Over at Keppel REIT as Goh Ends One Month at the Controls
Tan Swee Yiow has stepped back in as Chief Executive Officer at Keppel REIT Management, after Jesline Goh served just 28 days in the company’s top role.
The rapid management succession was revealed in an announcement to the stock exchange… Read More>>
Blackstone, GIC Lead Wave of India Investment and More Asia Real Estate Headlines
The news kicks off this week with a tally of international investment in India revealing the top five foreign players in an increasingly global market. Also in the headlines, C&W says finding a home for your company in Hong Kong… Read More>>
CC Land Buys London’s “Cheesegrater” for $1.42 Billion
A regional developer from western China this week staked out a bigger place for itself in one of the world’s biggest real estate markets with the £1.15 billion ($1.42 billion) of London’s “cheesegrater” office tower.
Chongqing-based CC Land has agreed… Read More>>
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