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HNA Surrendering Four Floors in HK’s Exchange Square as Cost Cuts Continue

2018/06/27 by Shawna Kwan Leave a Comment

HNA Group is reportedly shedding nearly half of its office footprint in Hong Kong’s Three Exchange Square, just 15 months after the troubled Chinese conglomerate leased eight floors in the downtown tower.

The mainland firm is said to be seeking… Read More>>

HNA Group is reportedly shedding nearly half of its office footprint in Hong Kong’s Three Exchange Square, just 15 … Read more>>>

Lendlease, JLL Launch Proptech Bootcamp Aimed at $16T Asian Market

2018/06/27 by Greg Isaacson Leave a Comment

Global real estate consultancy JLL has teamed up with Australian developer Lendlease to launch Propell Asia, a Singapore-based startup accelerator designed to foster innovative technologies in the Asia Pacific property sector.

The proptech accelerator will select five early stage startups… Read More>>

Global real estate consultancy JLL has teamed up with Australian developer Lendlease to launch Propell Asia, a … Read more>>>

Xu Jiayin Evergrande

Evergrande Takes the Wheel at Faraday Future With $2B EV Investment

Xu Jiayin Evergrande

2018/06/26 by Shawna Kwan Leave a Comment

Mainland China’s second-largest property developer by sales is buying a controlling stake in Jia Yueting’s Faraday Future for HK$6.75 billion ($860 million) as it takes on a commitment to invest some $2 billion in the flailing Los Angeles-based electric car startup.

… Read More>>

Mainland China’s second-largest property developer by sales is buying a controlling stake in Jia Yueting’s Faraday … Read more>>>

Hans Kang InfraRed NF

Nova, InfraRed NF Pay RMB 465M to Add Shanghai Mall to Rental Apartment Pipeline

Hans Kang InfraRed NF

2018/06/26 by Shawna Kwan Leave a Comment

Warburg Pincus-backed Nova Property Investment has joined forces with Hong Kong-based real estate investment manager InfraRed NF to acquire a Shanghai shopping centre for RMB 465 million ($73.8 million) as the real estate development startup continues to build up its… Read More>>

Warburg Pincus-backed Nova Property Investment has joined forces with Hong Kong-based real estate investment manager … Read more>>>

Wang Jianlin

Wanda to Merge Chinese Film Assets Under Listed Unit

Wang Jianlin

2018/06/26 by Greg Isaacson Leave a Comment

Wanda Group is planning to consolidate its Chinese film assets, in the latest move by billionaire tycoon Wang Jianlin to reshuffle his property-and-entertainment empire.

Shenzhen-listed Wanda Film Holding, the group’s movie theatre developer, announced in a notice to the stock… Read More>>

Wanda Group is planning to consolidate its Chinese film assets, in the latest move by billionaire tycoon Wang Jianlin to … Read more>>>

Brett White C&W

Cushman & Wakefield Files for Potential $1B IPO

Brett White C&W

2018/06/21 by Benjamin Cole Leave a Comment

Cushman & Wakefield, the globe-straddling property brokerage and services giant, on June 20th filed for an initial public offering (IPO) with the US Securities and Exchange Commission, which could value the company at over $5 billion, according to sources cited… Read More>>

Cushman & Wakefield, the globe-straddling property brokerage and services giant, on June 20th filed for an initial … Read more>>>

Jitendra Virwani

Blackstone, Embassy Prepare for $1B IPO of India’s First REIT

Jitendra Virwani

2018/06/20 by Benjamin Cole Leave a Comment

Private equity giant Blackstone and Bangalore’s Embassy Group are getting ready to list India’s first real estate investment trust as they target a $1 billion September IPO for a joint venture business park porfolio.

The New York-based investment group and… Read More>>

Private equity giant Blackstone and Bangalore’s Embassy Group are getting ready to list India's first real estate … Read more>>>

Kunihiko Okumura LaSalle

LaSalle Takes $1.2B Asia Fund to Disneyland for Tokyo-Area Hotel Buy

Kunihiko Okumura LaSalle

2018/06/20 by Richard Meyer Leave a Comment

LaSalle’s latest Asia opportunity fund has acquired a hotel near Tokyo Disneyland. The real estate investment group announced the investment in the 216 room, eight-storey asset as an opportunity to profit from a Japanese tourism boom as inbound traveller numbers… Read More>>

LaSalle’s latest Asia opportunity fund has acquired a hotel near Tokyo Disneyland. The real estate investment group … Read more>>>

Merlin Swire

Swire Properties Sells HK Office Towers to Mainland Tycoon for HK$15B

Merlin Swire

2018/06/18 by Shawna Kwan 1 Comment

Swire Properties has agreed to sell a pair of office buildings in Hong Kong’s Quarry Bay area to a little-known mainland investor for HK$15 billion ($1.9 billion), according to an announcement by the company on Friday to the Hong Kong… Read More>>

Swire Properties has agreed to sell a pair of office buildings in Hong Kong’s Quarry Bay area to a little-known mainland … Read more>>>

Cheung Chung Kiu CC Land

CC Land, CSI, Asia Standard Said to Buy Nan Fung’s Octa Tower for HK$8B

Cheung Chung Kiu CC Land

2018/06/14 by Shawna Kwan Leave a Comment

The chairman of mainland developer CC Land has reportedly teamed up with Hong Kong’s CSI Properties and Asia Standard International Group (ASI) to purchase Nan Fung’s Octa Tower in Kowloon Bay for HK$8 billion ($1 billion).

The mainland-Hong Kong consortium’s… Read More>>

The chairman of mainland developer CC Land has reportedly teamed up with Hong Kong’s CSI Properties and Asia Standard … Read more>>>

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