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Biel Crystal founder Yeung Kin-man

Touchscreen Tycoon Acquires Kowloon Commercial Block at 62% Off 2014 Price

Biel Crystal founder Yeung Kin-man

2024/09/24 by Kevin He Leave a Comment

Hong Kong billionaire Yeung Kin-man has acquired a Kowloon East commercial building formerly owned by the family of the late “Shop King” Tang Shing-bor, as the smartphone touchscreen tycoon continues to pick up discounted property assets amid the city’s property… Read More>>

Hong Kong billionaire Yeung Kin-man has acquired a Kowloon East commercial building formerly owned by the family of the … Read more>>>

Serene Nah - Digital Realty (featured)

Digital Realty, Equinix, PDG to Speak at Mingtiandi Data Centre Forum in October

Serene Nah - Digital Realty (featured)

2024/09/24 by Michael Cole Leave a Comment

Some of the world’s largest data centre investors and operators will be appearing at Mingtiandi’s Asia Pacific Data Centre Forum next month, as investors in the sector ramp up capacity to meet growing demand from artificial intelligence applications.

The fifth… Read More>>

Some of the world’s largest data centre investors and operators will be appearing at Mingtiandi’s Asia Pacific Data … Read more>>>

Apollo’s Atlas SP Launches $5B Credit Strategy With BNP Paribas

2024/09/24 by Christopher Caillavet Leave a Comment

Atlas SP Partners, a warehouse finance and structured credit business backed by Apollo Global Management, has joined forces with BNP Paribas on a new credit strategy to which the French banking giant will commit $5 billion in funding.

The financing… Read More>>

Atlas SP Partners, a warehouse finance and structured credit business backed by Apollo Global Management, has joined … Read more>>>

Scott Callon Ichigo

Japan’s Ichigo to Offer Token Backed by $79M in Tokyo Residential Assets

Scott Callon Ichigo

2024/09/24 by Christopher Caillavet Leave a Comment

Japanese property and infrastructure firm Ichigo will launch its fifth residence token next month, with the digital security to be backed by seven Tokyo assets collectively valued at JPY 11.4 billion ($79 million).

Issued through the Osaka Digital Exchange, the… Read More>>

Japanese property and infrastructure firm Ichigo will launch its fifth residence token next month, with the digital … Read more>>>

Singapore Office Rents Hold Steady Despite Opening of IOI Central Boulevard

2024/09/24 by Mingtiandi Team Leave a Comment

Singapore’s office vacancy hit a 2.5 year high in the third quarter of 2024, with an influx of completed projects and near-term economic headwinds cooling down rent growth, according to JLL.

Overall grade A office vacancy in the central business… Read More>>

Singapore’s office vacancy hit a 2.5 year high in the third quarter of 2024, with an influx of completed projects and … Read more>>>

China Housing

China Unveils Biggest Boost Yet for Property Market and More Asia Real Estate Headlines

China Housing

2024/09/24 by Michael Cole Leave a Comment

China’s real estate slump leads today’s headline roundup, with officials pulling out all the stops to revive the beleaguered property market. Also making news, a tender for two Hong Kong office buildings ends with no deal and developer China Aoyuan… Read More>>

China’s real estate slump leads today’s headline roundup, with officials pulling out all the stops to revive the … Read more>>>

Jon Gray, President Blackstone

Blackstone Selling Motel 6 Lodging Brand to India’s Oyo for $525M

Jon Gray, President Blackstone

2024/09/23 by Christopher Caillavet Leave a Comment

Private equity giant Blackstone has agreed to sell the franchiser of Motel 6, an American budget hotel chain, to Indian hospitality group Oyo for $525 million.

Oyo’s parent firm, Oravel Stays Ltd, will acquire G6 Hospitality in an all-cash deal,… Read More>>

Private equity giant Blackstone has agreed to sell the franchiser of Motel 6, an American budget hotel chain, to Indian … Read more>>>

Priyank Shah

Rava-Backed Logicap Teams With Mitsubishi to Develop India Industrial Portfolio

Priyank Shah

2024/09/23 by Christopher Caillavet Leave a Comment

Logicap Management, an industrial investor backed by Singapore-based Rava Partners, has formed a joint venture with Japanese property giant Mitsubishi Estate to develop facilities across key industrial hubs in India.

The JV’s seed portfolio comprises assets in the National Capital… Read More>>

Logicap Management, an industrial investor backed by Singapore-based Rava Partners, has formed a joint venture with … Read more>>>

Charoen Sirivadhanabhakdi Frasers Property (Getty Images)

ThaiBev, TCC Assets Complete $1.7B Frasers Property Share Swap

Charoen Sirivadhanabhakdi Frasers Property (Getty Images)

2024/09/23 by Kevin He Leave a Comment

ThaiBev, the SGX-listed beverage and food giant founded by billionaire Charoen Sirivadhanabhakdi, has completed the transfer of its stake in Frasers Property to a private vehicle controlled by the Thai liquor tycoon, as part of a S$2.1 billion ($1.7 billion)… Read More>>

ThaiBev, the SGX-listed beverage and food giant founded by billionaire Charoen Sirivadhanabhakdi, has completed the … Read more>>>

Hidden Hill Capital managing partner Richard Dong

GLP-Backed Hidden Hill Hits $156M Final Close on Debut VC Fund

Hidden Hill Capital managing partner Richard Dong

2024/09/23 by Christine Low Leave a Comment

Hidden Hill Capital, a private equity investment firm backed by GLP Capital Partners, announced on Friday that its debut Hidden Hill RMB VC Fund I has reached a final close on RMB 1.1 billion ($156.1 million) in fresh cash.

The… Read More>>

Hidden Hill Capital, a private equity investment firm backed by GLP Capital Partners, announced on Friday that its debut … Read more>>>

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