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Truong My Lan

Boss of Vietnam’s Van Thinh Phat Condemned to Death for $27B Embezzlement Scheme

Truong My Lan

2024/04/11 by Michael Cole Leave a Comment

The boss of a Vietnam property investment firm was found to have cheated 42,000 investors and sentenced to death in Ho Chi Minh City on Thursday with the government saying her actions led to over VND 677 trillion ($27 billion)… Read More>>

The boss of a Vietnam property investment firm was found to have cheated 42,000 investors and sentenced to death in Ho … Read more>>>

Swire Properties chairman Guy Bradley

Swire to Transform Beijing Hotel into Mall as China Retail Business Soars

Swire Properties chairman Guy Bradley

2024/04/11 by Kevin He Leave a Comment

Nearly 16 years after opening Opposite House in Beijing as its first hotel project, Swire Properties plans to replace Opposite House in Beijing with an “innovative retail landmark”, as the Hong Kong-based developer continues to reap strong profits from its… Read More>>

Nearly 16 years after opening Opposite House in Beijing as its first hotel project, Swire Properties plans to replace … Read more>>>

Hines managing director and country head for India Amit Diwan

Hines to Develop $180M Gurugram Office Project With Indian Partner Pioneer Urban

Hines managing director and country head for India Amit Diwan

2024/04/11 by Christopher Caillavet Leave a Comment

Hines has partnered with India’s Pioneer Urban to develop a Gurugram office property at a total project cost of INR 15 billion ($180 million), marking the latest addition to the US builder and fund manager’s portfolio in the northern commercial… Read More>>

Hines has partnered with India’s Pioneer Urban to develop a Gurugram office property at a total project cost of INR 15 … Read more>>>

Seletar Mall Singapore

Singapore Investment Volume Could Top S$25B in 2024: Cushman & Wakefield

Seletar Mall Singapore

2024/04/11 by Christopher Caillavet Leave a Comment

Total investment sales in Singapore’s real estate market could surpass S$25 billion ($18.5 billion) this year, up from S$19.2 billion in 2023, amid brighter economic prospects and growing confidence that interest rates have peaked, according to Cushman & Wakefield.

Investment… Read More>>

Total investment sales in Singapore’s real estate market could surpass S$25 billion ($18.5 billion) this year, up from … Read more>>>

Tokyo Office Vacancy Hits Three-Year Low and More Asia Real Estate Headlines

2024/04/11 by Ponrath Sopannarath Leave a Comment

Japan’s thriving office market leads Mingtiandi’s headline roundup today as vacancy in top buildings falls to under 5.5 percent. Also in the news, China’s Wanda agrees to sell its UK yacht unit and S&P slashes Vanke’s credit rating to junk.

… Read More>>

Japan’s thriving office market leads Mingtiandi’s headline roundup today as vacancy in top buildings falls to under 5.5 … Read more>>>

Raymond Lawler_Hines Asia-Pacific CEO

Hines Buys Central Tokyo Office Building From Mitsubishi Estate-SMFL JV

Raymond Lawler_Hines Asia-Pacific CEO

2024/04/10 by Poonyapat Luenam Leave a Comment

Hines has acquired an office building near central Tokyo’s bustling Shinjuku commercial hub as the US developer continues to expand in Japan.

“Proud to announce our Hines Japan team has acquired the newly-built, 14-story Zenith Minami Shinjuku office building in… Read More>>

Hines has acquired an office building near central Tokyo’s bustling Shinjuku commercial hub as the US developer … Read more>>>

Martin Seol M&G

M&G Real Estate Sells Seoul Office Building to Korea’s Capstone AMC for $151M

Martin Seol M&G

2024/04/10 by Christopher Caillavet Leave a Comment

M&G Real Estate has completed the sale of the Icon Yeoksam office building in Seoul for KRW 204.3 billion ($151.4 million), with the British asset manager booking a 44 percent appreciation in value on the deal.

The divestment of the… Read More>>

M&G Real Estate has completed the sale of the Icon Yeoksam office building in Seoul for KRW 204.3 billion ($151.4 … Read more>>>

Lai Sun chairman Peter Lam Kin-ngok

Lai Sun Selling 10% Stake in $2.2B Hong Kong Office Building to AIA

Lai Sun chairman Peter Lam Kin-ngok

2024/04/10 by Kevin He Leave a Comment

Hong Kong-listed builder Lai Sun Development has agreed to sell its 10 percent stake in the AIA Central office building in Hong Kong’s Central district to AIA Group in return for HK$1.4 billion ($181.5 million) in cash, plus assumption of… Read More>>

Hong Kong-listed builder Lai Sun Development has agreed to sell its 10 percent stake in the AIA Central office building … Read more>>>

LHN executive chair Kelvin Lim

LHN’s Coliwoo Sets Up $35M JV With Oxley Boss, Wins Bukit Timah Project Tender

LHN executive chair Kelvin Lim

2024/04/10 by Mingtiandi Team Leave a Comment

LHN Group’s Coliwoo co-living unit has formed a S$48 million ($35.6 million) joint venture with the boss of local builder Oxley and his son to acquire a building in central Singapore’s museum district.

The four-storey building known as Wilmer Place… Read More>>

LHN Group’s Coliwoo co-living unit has formed a S$48 million ($35.6 million) joint venture with the boss of local … Read more>>>

SRE Group chairman Qin Guohui

China Minsheng’s SRE Group Selling 51% Stake in Shanghai Project for $470M

SRE Group chairman Qin Guohui

2024/04/10 by Christopher Caillavet Leave a Comment

SRE Group has agreed to sell its entire 51 percent interest in a Shanghai residential and commercial project for RMB 3.41 billion ($470 million) after putting the ownership stake up for bid nearly four years ago.

The transaction will put… Read More>>

SRE Group has agreed to sell its entire 51 percent interest in a Shanghai residential and commercial project for RMB … Read more>>>

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