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Souvik Mukherjee, Mapletree

Panel: Logistics Investment in Asia’s Emerging Markets MTD TV APAC Logistics Forum 2024

Souvik Mukherjee, Mapletree

2024/05/02 by Danita Phaopat Leave a Comment

Southeast Asia’s position as a beneficiary of the “China Plus One” strategy presents opportunities for logistics real estate as the manufacturing, electric vehicles (EVs) and electronics industries aim to diversify their operations.

At the same time, with the Indian government… Read More>>

Southeast Asia’s position as a beneficiary of the “China Plus One” strategy presents opportunities for logistics real … Read more>>>

IGIS Asset Mangement HQ

Korea’s IGIS Gives Boost to Taeyoung E&C Restructuring and More Asia Real Estate Headlines

IGIS Asset Mangement HQ

2024/05/02 by Ponrath Sopannarath Leave a Comment

South Korea’s IGIS Asset Management leads Mingtiandi’s headline roundup today as it agrees to buy bad loans linked to construction firm Taeyoung E&C in a debt workout plan. Also making the list, mainland new home prices squeak out a monthly… Read More>>

South Korea’s IGIS Asset Management leads Mingtiandi’s headline roundup today as it agrees to buy bad loans linked to … Read more>>>

Stan Tang Stan Group

Receivers Marketing Seized Kowloon Buildings at 59% Off as Banks Lose Patience

Stan Tang Stan Group

2024/05/01 by Kevin He Leave a Comment

A pair of ageing buildings in Hong Kong’s Tsim Sha Tsui area have been seized from the family of the city’s late “Shop King” Tang Shing-bor and are being offered for sale at less than half of what the clan… Read More>>

A pair of ageing buildings in Hong Kong’s Tsim Sha Tsui area have been seized from the family of the city’s late “Shop … Read more>>>

Riverside managing partner Sean Ozbolt

Aon Selling Townsend Group to US PE Firm Riverside as Property Strategies Struggle

Riverside managing partner Sean Ozbolt

2024/05/01 by Michael Cole Leave a Comment

Financial services giant Aon has agreed to sell Cleveland-based real estate private equity firm Townsend Group to an investment manager based in the same city, as property strategies continue to struggle for traction.

Ohio’s Riverside Group, a private equity firm… Read More>>

Financial services giant Aon has agreed to sell Cleveland-based real estate private equity firm Townsend Group to an … Read more>>>

Alex Barnes

Project Completions Boost Hong Kong Office Leasing Deals as Vacancy Hits 13.1%

Alex Barnes

2024/05/01 by Christopher Caillavet Leave a Comment

Tenants in Hong Kong’s Grade A office market took up 137,000 square feet (12,728 square metres) more than they gave back in March, with leasing demand driven by occupiers realising pre-commitments at newly completed projects, according to JLL.

The citywide… Read More>>

Tenants in Hong Kong’s Grade A office market took up 137,000 square feet (12,728 square metres) more than they gave back … Read more>>>

China Vanke chairman Yu Liang

China Vanke to Exit Non-Core Ventures and More Asia Real Estate Headlines

China Vanke chairman Yu Liang

2024/05/01 by Ponrath Sopannarath Leave a Comment

The ongoing challenges facing China Vanke lead Mingtiandi’s May Day collection of real estate headlines as the mainland giant tries to reassure investors of its path to profitability. Also in the news, negative equity mortgage hit a 20-year high in… Read More>>

The ongoing challenges facing China Vanke lead Mingtiandi’s May Day collection of real estate headlines as the mainland … Read more>>>

Lujiazui Group chairman Xu Erjin

State-Backed Lujiazui Group Marketing $4.1B in Shanghai Offices as Crisis Deepens

Lujiazui Group chairman Xu Erjin

2024/05/01 by Christopher Caillavet Leave a Comment

As analysts warn of a “lost decade” in Chinese office markets, state-backed Shanghai Lujiazui Development Group Co Ltd, better known as Lujiazui Group, is scrambling to sell about 20 Shanghai office towers estimated to be valued at RMB 30 billion… Read More>>

As analysts warn of a “lost decade” in Chinese office markets, state-backed Shanghai Lujiazui Development Group Co Ltd, … Read more>>>

Chris Heady, head of Asia real estate at Blackstone

Blackstone Buys Sydney Logistics Complex From Charter Hall for $39M 

Chris Heady, head of Asia real estate at Blackstone

2024/04/30 by Beatrice Laforga Leave a Comment

Blackstone has acquired a south Sydney industrial complex from Charter Hall for A$55.75 million ($39.4 million), according to sources familiar with the transaction, as Australia’s logistics real estate market continues to show opportunities for rising income.

Colliers and CBRE, which… Read More>>

Blackstone has acquired a south Sydney industrial complex from Charter Hall for A$55.75 million ($39.4 million), … Read more>>>

HSBC CEO Stepping Down in Surprise Move and More Asia Real Estate Headlines

2024/04/30 by Ponrath Sopannarath Leave a Comment

HSBC needs a new boss after CEO Noel Quinn announced plans for an exit, with that story leading Mingtiandi’s headline roundup today. Brookfield also makes the list as it plans to invest in Indian real estate to the tune of… Read More>>

HSBC needs a new boss after CEO Noel Quinn announced plans for an exit, with that story leading Mingtiandi’s headline … Read more>>>

Ben Lee CapitaLand Development China

CapitaLand Sells Shanghai Ascott Apartments to Guangzhou Investor for Reported $166M

Ben Lee CapitaLand Development China

2024/04/29 by Kevin He Leave a Comment

CapitaLand Development has sold a serviced apartment property in Shanghai’s Xuhui district to a vehicle controlled by a mainland investor, as cash-rich corporate investors continue to seek discounted acquisition opportunities amid China’s property slump.

The 90-unit Ascott Heng Shan Shanghai… Read More>>

CapitaLand Development has sold a serviced apartment property in Shanghai’s Xuhui district to a vehicle controlled by a … Read more>>>

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