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Brad Fu

Heitman Buys Hong Kong Industrial Asset From New World Heir for Reported $57M

Brad Fu

2022/05/04 by Beatrice Laforga Leave a Comment

Heitman has acquired an industrial building in Hong Kong’s Fanling area from a grandson of New World founder Cheng Yu-tung for a reported HK$450 million ($57.33 million), with the US fund manager planning to transform the asset into a refrigerated… Read More>>

Heitman has acquired an industrial building in Hong Kong’s Fanling area from a grandson of New World founder Cheng … Read more>>>

79 Robinson Road

CapitaLand’s 79 Robinson Road in Singapore Rebranded as CapitaSky After $930M Deal

79 Robinson Road

2022/05/04 by Christopher Caillavet Leave a Comment

The office tower at 79 Robinson Road in Singapore’s downtown core officially has new owners and a new name after the sale of the year-and-a-half-old property by CapitaLand Investment and its Japanese partners.

CapitaLand Integrated Commercial Trust and a private… Read More>>

The office tower at 79 Robinson Road in Singapore’s downtown core officially has new owners and a new name after the … Read more>>>

WeWork CEO Sandeep Mathrani

Phoenix Property Sues WeWork for Breaking Causeway Bay Lease

WeWork CEO Sandeep Mathrani

2022/05/03 by Pawara Laothamatas Leave a Comment

Phoenix Property Investors is suing WeWork for abandoning a 10 year commitment to its flagship location in Causeway Bay, with the Hong Kong private equity shop said to be demanding payment of about HK$242 million ($30.8 million) on the alleged… Read More>>

Phoenix Property Investors is suing WeWork for abandoning a 10 year commitment to its flagship location in Causeway Bay, … Read more>>>

Vietnam’s Viva Land Sets Singapore Price Record with $173M Hotel Buy

2022/05/02 by Beatrice Laforga Leave a Comment

Vietnam-based Viva Land has agreed to buy a boutique hotel along Singapore’s Robinson Road for around S$240 million ($173 million) from local developer Royal Group, Mingtiandi has confirmed, with the acquisition potentially paving the way for a new integrated development… Read More>>

Vietnam-based Viva Land has agreed to buy a boutique hotel along Singapore’s Robinson Road for around S$240 million … Read more>>>

kei hoi pang Logan

Logan Selling 40% of Expressway Project to New World for $290M

kei hoi pang Logan

2022/05/02 by Mingtiandi Team Leave a Comment

With RMB 35.9 billion in debts coming due this year, financially troubled developer Logan Group is selling 40 percent of an expressway project in southwestern China to Hong Kong’s New World Group for RMB 1.9 billion ($290 million).

Read More>>

With RMB 35.9 billion in debts coming due this year, financially troubled developer Logan Group is selling 40 percent of … Read more>>>

Julian Salisbury Goldman

Goldman Sachs Asset Management Raises $3.5B for Global Real Estate Strategy

Julian Salisbury Goldman

2022/04/27 by Beatrice Laforga Leave a Comment

Goldman Sachs Asset Management has raised $3.5 billion for its latest global real estate strategy, according to a recent announcement by the company, with a portion of that fund already committed to projects in Asia.

The vehicle dubbed Real Estate… Read More>>

Goldman Sachs Asset Management has raised $3.5 billion for its latest global real estate strategy, according to a recent … Read more>>>

Marcus Chu APAC Realty

Morgan Stanley Fund Buying 60% of Singapore’s APAC Realty for $94M

Marcus Chu APAC Realty

2022/04/26 by Christopher Caillavet 1 Comment

Morgan Stanley Private Equity Asia has agreed to purchase a 59.8 percent equity stake in a Singapore-listed company that holds the master franchise for real estate agency ERA in the region for S$129.5 million ($94.4 million).

A buyout fund managed… Read More>>

Morgan Stanley Private Equity Asia has agreed to purchase a 59.8 percent equity stake in a Singapore-listed company that … Read more>>>

Suchad Chiaranussati, chairman and founder of SC Capital Partners

SC Capital Closes on $1B Japan Hospitality Fund

Suchad Chiaranussati, chairman and founder of SC Capital Partners

2022/04/25 by Christopher Caillavet Leave a Comment

SC Capital Partners has closed on capital commitments totalling up to $1 billion for its Japan Hospitality Fund, just eight months after announcing the strategy.

SC Capital and two global institutional investors have made an initial commitment to the yen-denominated… Read More>>

SC Capital Partners has closed on capital commitments totalling up to $1 billion for its Japan Hospitality Fund, just … Read more>>>

Goh Wee Ping

GIC Buying 49% Stake in Aussie Student Housing Portfolio for $407M

Goh Wee Ping

2022/04/25 by Beatrice Laforga Leave a Comment

A fund managed by SGX-listed real estate investment firm Wee Hur Holdings is selling a nearly half-stake in an Australian student housing portfolio for A$567.86 million ($407.24 million), with market sources identifying the buyer to Mingtiandi as a unit of… Read More>>

A fund managed by SGX-listed real estate investment firm Wee Hur Holdings is selling a nearly half-stake in an … Read more>>>

Wang Jianlin - Wanda

Wanda Commercial Renews Application for $3B Hong Kong Mall IPO

Wang Jianlin - Wanda

2022/04/25 by Mingtiandi Team Leave a Comment

The shopping centre unit of Chinese conglomerate Dalian Wanda Group Co. on Friday renewed its application for a Hong Kong initial public offering by submitting a new prospectus.

Zhuhai Wanda Commercial Management Group (Wanda Commercial), had originally applied for what… Read More>>

The shopping centre unit of Chinese conglomerate Dalian Wanda Group Co. on Friday renewed its application for a Hong … Read more>>>

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