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Lai Wing-To Hong Kong

Hong Kong Investor Lai Wing-To Sells Wan Chai Serviced Apartment Block for $21M

Lai Wing-To Hong Kong

2024/11/11 by Kevin He Leave a Comment

Hong Kong property investor Lai Wing-To has sold a serviced apartment block in the city’s Wan Chai area, as the “Ten Billion Shop King” continues to sell down his property portfolio amid plunging commercial real estate valuations in the Asian… Read More>>

Hong Kong property investor Lai Wing-To has sold a serviced apartment block in the city’s Wan Chai area, as the “Ten … Read more>>>

Alok-Aggarwal Brookfield

Brookfield India REIT Swings to Six-Month Profit as Office Market Outperforms

Alok-Aggarwal Brookfield

2024/11/08 by Christopher Caillavet Leave a Comment

Brookfield India Real Estate Trust reported a net profit of INR 625.9 million ($7.4 million) for the first half of 2024, reversing a year-earlier loss of INR 250.5 million, as Asia’s most populous country continues to lead all regional markets… Read More>>

Brookfield India Real Estate Trust reported a net profit of INR 625.9 million ($7.4 million) for the first half of 2024, … Read more>>>

KKR Japan CEO Hiro Hirano

KKR Acquires Over a Third of Japan’s Fuji Soft Amid Takeover Tussle With Bain

KKR Japan CEO Hiro Hirano

2024/11/08 by Christopher Caillavet Leave a Comment

US private equity giant KKR on Thursday announced its acquisition of more than a third of Fuji Soft, becoming the company’s largest shareholder and striking the latest blow in a three-month battle with rival Bain Capital for control of the… Read More>>

US private equity giant KKR on Thursday announced its acquisition of more than a third of Fuji Soft, becoming the … Read more>>>

Ong Beng Seng

Ong Beng Seng’s HPL Buys Out Orchard Road Complex for $618M in Year’s Biggest Collective Sale

Ong Beng Seng

2024/11/07 by Christopher Caillavet Leave a Comment

Hotel Properties Ltd has acquired the Concorde hotel and mall complex on Singapore’s Orchard Road for S$821 million ($618.7 million), setting the stage for the property’s redevelopment amid a government-led rejuvenation drive in Southeast Asia’s best-known shopping belt.

HPL’s bid… Read More>>

Hotel Properties Ltd has acquired the Concorde hotel and mall complex on Singapore’s Orchard Road for S$821 million … Read more>>>

Kaisa Kwok Ying-shing

Kaisa Marketing Hong Kong Headquarters Floor for $64M After 43% Drop in Value

Kaisa Kwok Ying-shing

2024/11/07 by Kevin He Leave a Comment

Defaulted Chinese developer Kaisa Group Holdings is marketing an office floor which serves as its headquarters in Hong Kong, with the strata-titled asset having lost nearly half its value since the company purchased the space over five years ago.

Shenzhen-based… Read More>>

Defaulted Chinese developer Kaisa Group Holdings is marketing an office floor which serves as its headquarters in Hong … Read more>>>

Duncan Owen Link REIT

Hong Kong’s Link REIT Grows Revenue 6.4%, Still Struggles with Declining Valuations

Duncan Owen Link REIT

2024/11/06 by Kevin He Leave a Comment

Despite posting revenue and net property income growth of 6.4 percent and 5.8 percent in the six months ended 30 September from the same period last year, respectively, Link REIT’s improving operating performance was unable to offset widening fair value… Read More>>

Despite posting revenue and net property income growth of 6.4 percent and 5.8 percent in the six months ended 30 … Read more>>>

Lee Chee Koon of CapitaLand Group

CapitaLand Investment Boosts Fee Income 6%, Raises $195M for SE Asia, India Funds

Lee Chee Koon of CapitaLand Group

2024/11/06 by Christopher Caillavet Leave a Comment

CapitaLand Investment on Wednesday posted a 6 percent year-on-year rise in fee income for the first nine months of 2024, following the day-earlier announcement of S$261 million ($195.5 million) in fresh capital for the real estate fund manager’s Southeast Asia… Read More>>

CapitaLand Investment on Wednesday posted a 6 percent year-on-year rise in fee income for the first nine months of 2024, … Read more>>>

Alan Kam AB Capital

Hong Kong’s AB Capital Adds Eighth Japanese Hotel with Tokyo Acquisition

Alan Kam AB Capital

2024/11/05 by Kevin He Leave a Comment

AB Capital has acquired a hotel near Tokyo’s Haneda airport, as the Japan-focused real estate private equity firm continues to expand its hospitality portfolio in Asia’s second largest economy.

The Hong Kong-based investment manager on Thursday completed its acquisition of… Read More>>

AB Capital has acquired a hotel near Tokyo’s Haneda airport, as the Japan-focused real estate private equity firm … Read more>>>

Emperor Group chairman Albert Yeung Sau-shing (Getty Images)

Emperor Entertainment Hotel Sells Hong Kong Serviced Apartment Block for $35.4M

Emperor Group chairman Albert Yeung Sau-shing (Getty Images)

2024/11/01 by Kevin He Leave a Comment

Emperor Entertainment Hotel, the HKEX-listed hospitality arm of Hong Kong-based conglomerate Emperor Group, has agreed to sell a 57-unit serviced apartment block in Hong Kong’s Kennedy Town area for an agreed property value of HK$275 million ($35.4 million), after the… Read More>>

Emperor Entertainment Hotel, the HKEX-listed hospitality arm of Hong Kong-based conglomerate Emperor Group, has agreed … Read more>>>

Hulic chairman Saburo Nishiura

Hulic Completes Tender Offer for $1.2B Bid to Take Over Raysum From Hong Kong’s Oasis

Hulic chairman Saburo Nishiura

2024/11/01 by Christopher Caillavet Leave a Comment

Japanese real estate giant Hulic on Wednesday completed the tender offer for its JPY 173.5 billion ($1.2 billion) acquisition of Raysum, paving the way for the Tokyo-listed builder controlled by Hong Kong’s Oasis Management to become a Hulic unit next… Read More>>

Japanese real estate giant Hulic on Wednesday completed the tender offer for its JPY 173.5 billion ($1.2 billion) … Read more>>>

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