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Mingtiandi Team

Vincent Lo Shui On

Shui On in $1B China Commercial Property JV With Manulife, China Life

2019/01/03 by Mingtiandi Team 1 Comment

Hong Kong-listed developer Shui On Land has announced that it is partnering with two insurance giants to invest in commercial real estate ventures in China as it continues to lean on financial services companies to rebuild its mainland portfolio.

The… Read More>>

ben lee keppel

Keppel Adds $80M Beijing Office Building to China Portfolio

2019/01/03 by Mingtiandi Team Leave a Comment

Keppel Land China has announced it will acquire an 11-storey office building in Beijing’s Haidian district from A Li Yun Shan (Beijing) Business Consulting for RMB 555 million ($80.8 million), with the transaction expected to be completed sometime during the… Read More>>

Yu Ying

Sunac China Names Former Baoneng, Poly Exec as New CEO

2019/01/03 by Mingtiandi Team Leave a Comment

Hong Kong-listed developer Sunac China Holdings has selected former Baoneng Group senior vice president Yu Ying as its new chief executive officer, according to a report in mainland news site The Paper.

The change in leadership at the top five… Read More>>

Li Qiang Global Switch

Ping An, Citic Bank and AVIC Trust Join $2.8B Investment in UK Data Centre Developer

2018/07/10 by Mingtiandi Team Leave a Comment

Data centre developer Global Switch Limited announced last week that a consortium of Chinese investors including AVIC Trust and Hong Kong affiliates of China Citic Bank, Haoyue Capital and Jiangsu Sha Steel have agreed to pay £2.1 billion ($2.78 billion)… Read More>>

Universal Studios Doubles Budget for Beijing Theme Park JV to $6.5B

2018/05/12 by Mingtiandi Team Leave a Comment

The investors behind Universal Beijing Resort are said to be doubling down on the upcoming 300-acre theme park in the Chinese capital, with plans to invest $6.5 billion by its 2021 opening date.

The project initially had a budget of… Read More>>

Zhang Guobiao Forchn

Forchn to Set Up $150M Logistics Fund, Wins Rights to SE Asia Warehouses From YCH

2018/04/30 by Mingtiandi Team Leave a Comment

Chinese manufacturer and warehouse developer Forchn Holdings has signed a framework agreement with Singaporean logistics provider YCH Group to cooperate on investments in Southeast Asia and China including establishing a $150 million warehouse fund.

“The partnership with YCH Group is… Read More>>

Ben Cha Grosvenor

Grosvenor Sells West End Trophy to Hong Kong Scion for $202M

2017/10/17 by Mingtiandi Team Leave a Comment

Brexit may yet prove to have dire consequences for the UK, but it hasn’t stopped the kingdom’s royals from making a profitable property play this month, as the Duke of Westminster’s real estate firm sells off a West End commercial… Read More>>

Tower 535 HK

Wanchai Hotel Said Selling for $181M to Make Way for Co-Working Centre

2017/10/08 by Mingtiandi Team Leave a Comment

A downturn in visitor arrivals to Hong Kong, along with the city’s world-leading office rents, may be fuelling a trend toward converting hospitality space into co-working centres, as yet another hotel in the centre city looks set for conversion into… Read More>>

William Chan of Rykadan Capital

Wong Chuk Hang Site Said Sold to Rykadan Capital for HK$1.48B

2017/10/03 by Mingtiandi Team Leave a Comment

Once known for its decaying workshops, the Wong Chuk Hang area in southern Hong Kong is gaining popularity as a commercial hub with developers rushing to turn its one-time factory space into hotels, offices and retail space.

The opening of… Read More>>

Wang Shi

Wang Shi Quits China Vanke in Epilogue to Takeover Drama

2017/06/21 by Mingtiandi Team Leave a Comment

Wang Shi will step down as Chairman of China Vanke, the residential real estate company he formed in 1984 and built into the mainland’s largest developer by value, according to an announcement today by the celebrity entrepreneur.

“After considering the… Read More>>

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