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Opus Hong Kong developed by Swire Properties (Photography: Thomas Mayer)

Cheung Kei Chief’s Seized Hong Kong Flat Sold at 39% Off and More Asia Real Estate Headlines

Opus Hong Kong developed by Swire Properties (Photography: Thomas Mayer)

2023/09/29 by Ponrath Sopannarath Leave a Comment

Chen Hongtian’s seized Hong Kong flat finally selling at 39 percent below the valuation price leads today’s collection of real estate headlines from around the region. Also in the news, China Evergrande has sold its yacht for $32 million as… Read More>>

Chen Hongtian’s seized Hong Kong flat finally selling at 39 percent below the valuation price leads today’s collection … Read more>>>

Xu Jiayin Evergrande

Evergrande Says Chairman Suspected of Crimes, Subject to “Mandatory Measures”

Xu Jiayin Evergrande

2023/09/29 by Michael Cole Leave a Comment

In an announcement to the Hong Kong stock exchange late on the eve of China’s Mid-Autumn Festival holiday on Thursday China Evergrande Group followed up on media reports that its chairman is in police custody with a confirmation of criminal… Read More>>

In an announcement to the Hong Kong stock exchange late on the eve of China’s Mid-Autumn Festival holiday on Thursday … Read more>>>

Singapore’s CDL Buys 25 Tokyo Apartment Buildings From BGO for $230M

2023/09/28 by Beatrice Laforga Leave a Comment

City Developments Ltd (CDL) has acquired a portfolio of 25 Tokyo apartment buildings from North American fund manager BentallGreenOak for JPY 35 billion ($230 million), marking the largest purchase to date by the Singapore property heavyweight in Asia’s most mature… Read More>>

City Developments Ltd (CDL) has acquired a portfolio of 25 Tokyo apartment buildings from North American fund manager … Read more>>>

Sachin Doshi, Weave Living

Weave Living Acquires Nine Tokyo Rental Residential Properties

Sachin Doshi, Weave Living

2023/09/28 by Michael Cole Leave a Comment

Weave Living now has properties in three of Asia’s top real estate markets with the rental housing investor and operator announcing on Thursday that it has acquired nine apartment assets in Tokyo.

The recently completed multi-family residential buildings add 352… Read More>>

Weave Living now has properties in three of Asia’s top real estate markets with the rental housing investor and operator … Read more>>>

PDG's new facility in Cibitung now up and running. (Source: PDG)

PDG Opens 22MW Jakarta Data Centre in Indonesia 

PDG's new facility in Cibitung now up and running. (Source: PDG)

2023/09/28 by Beatrice Laforga Leave a Comment

Princeton Digital Group (PDG) has launched a 22-megawatt hyperscale data centre on the eastern outskirts of Jakarta as the hyperscale specialist continues to scale up its Indonesian presence.

PDG said earlier this week that the Jakarta Cibitung 2 facility will… Read More>>

Princeton Digital Group (PDG) has launched a 22-megawatt hyperscale data centre on the eastern outskirts of Jakarta as … Read more>>>

Wang Jianlin Wanda Getty Images

China’s Wanda Renegotiating $4B in Pre-IPO Funding and More Asia Real Estate Headlines

Wang Jianlin Wanda Getty Images

2023/09/28 by Ponrath Sopannarath Leave a Comment

China’s Dalian Wanda Group saw its application for a Hong Kong IPO lapse for a fourth time last week, and the company’s attempt to renegotiate $4 billion in pre-IPO financing leads our headline roundup today. Also in the news, China… Read More>>

China's Dalian Wanda Group saw its application for a Hong Kong IPO lapse for a fourth time last week, and the company's … Read more>>>

Peter Dinning Avison

Colliers Vietnam Business Jumps Ship for Rival Avison Young

Peter Dinning Avison

2023/09/28 by Michael Cole Leave a Comment

Canadian property consultancy Avison Young has entered the Vietnam market, linking up with an existing 100-person team formerly affiliated with fellow Toronto-based company Colliers.

In an announcement this past week Avison Young said it had hung out its signboard on… Read More>>

Canadian property consultancy Avison Young has entered the Vietnam market, linking up with an existing 100-person team … Read more>>>

Joe Tsai - Alibaba

Alibaba Files for Potential $2B Hong Kong IPO of Cainiao Logistics Division

Joe Tsai - Alibaba

2023/09/27 by Michael Cole Leave a Comment

Alibaba has filed for an initial public offering of shares in its Cainiao logistics unit on the Hong Kong exchange, a filing late Tuesday shows, after the company had announced plans for the listing in May.

Financial details of the… Read More>>

Alibaba has filed for an initial public offering of shares in its Cainiao logistics unit on the Hong Kong exchange, a … Read more>>>

TE Capital and Tokyo Trust Amp Up Japan Business with Hire of Former BlackRock Exec

2023/09/27 by Michael Cole Leave a Comment

Tokyo Trust Capital is fortifying its Japan business as the company brings on board a former BlackRock and GE Capital Real Estate executive to help lead its operations in the country.

Chris Handte, who spent more than seven years with… Read More>>

Tokyo Trust Capital is fortifying its Japan business as the company brings on board a former BlackRock and GE Capital … Read more>>>

CSI Properties' Harbourside HQ in Kowloon Bay. (Photo: CSI Properties)

Bargain Leases Bring August Thaw to Hong Kong Office Market

CSI Properties' Harbourside HQ in Kowloon Bay. (Photo: CSI Properties)

2023/09/27 by Michael Cole Leave a Comment

After a year-long streak of nearly endless contraction, Hong Kong’s office market crawled into positive territory last month in terms of net area leased, with tenants taking up 229,800 square feet (21,349 square metres) more than they gave up, thanks… Read More>>

After a year-long streak of nearly endless contraction, Hong Kong’s office market crawled into positive territory last … Read more>>>

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