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Chen Hongtian of Cheung Kei

Receivers Sell London Office Tower Seized From China’s Cheung Kei for 60% Off 

Chen Hongtian of Cheung Kei

2024/02/07 by Beatrice Laforga Leave a Comment

An office block on London’s Canary Wharf which was once a trophy for the chairman of China’s Cheung Kei Group is being sold by receivers for £110 million ($134 million) — 60 percent less than what the mainland investor paid… Read More>>

An office block on London’s Canary Wharf which was once a trophy for the chairman of China’s Cheung Kei Group is being … Read more>>>

Cheng Kar-Shun, NWD

New World’s Cheng Family Seeks to Push Out Giordano Boss Peter Lau

Cheng Kar-Shun, NWD

2024/02/07 by Christopher Caillavet Leave a Comment

The Cheng family behind New World Development has called for the dismissal of Peter Lau from his role as CEO of Giordano International, the Hong Kong-listed fashion retailer in which a Cheng-controlled vehicle is the largest shareholder.

The clan led… Read More>>

The Cheng family behind New World Development has called for the dismissal of Peter Lau from his role as CEO of Giordano … Read more>>>

Cheung Chung Kiu

Guangzhou R&F Selling $1.3B London Project to CC Land Chairman for 13 Cents

Cheung Chung Kiu

2024/02/07 by Kevin He Leave a Comment

Cheung Chung-kiu has once again come to the rescue of his Chinese billionaire builder brethren, with the chairman of mainland developer CC Land inking a preliminary agreement to buy a $1.3 billion London project from Guangzhou R&F Properties for HK$1… Read More>>

Cheung Chung-kiu has once again come to the rescue of his Chinese billionaire builder brethren, with the chairman of … Read more>>>

Patricia Goh Capitaland

CapitaLand Investment Buys Thailand Shed Site, Closes Japan Core Logistics Fund

Patricia Goh Capitaland

2024/02/07 by Christopher Caillavet Leave a Comment

Singapore’s CapitaLand Investment announced this week the acquisition of four properties, led by a greenfield warehouse project in Thailand, and the closing of a core logistics private fund in Japan.

The investment manager in December acquired Omega 1 Bang Na,… Read More>>

Singapore’s CapitaLand Investment announced this week the acquisition of four properties, led by a greenfield warehouse … Read more>>>

Wang Jianlin Wanda Commercial

ADIA Considers Buying Stake in Wanda Malls and More Asia Real Estate Headlines

Wang Jianlin Wanda Commercial

2024/02/07 by Ponrath Sopannarath Leave a Comment

The Abu Dhabi Investment Authority is considering buying a minority stake in Dalian Wanda’s mall unit, with that story leading Mingtiandi’s headline roundup today. Also making the list, PGIM Real Estate ramps up its Asian private wealth business and a… Read More>>

The Abu Dhabi Investment Authority is considering buying a minority stake in Dalian Wanda’s mall unit, with that story … Read more>>>

Cindat Capital co-founder Greg Peng

Cindat-CITIC Capital London JV Taken Over by Receivers

Cindat Capital co-founder Greg Peng

2024/02/06 by Kevin He Leave a Comment

A stalled luxury apartment project in London’s prestigious Mayfair district which had been backed by Chinese real estate private equity firm Cindat Capital Management and CITIC Capital has gone into administration after defaulting on a loan from an Apollo Global… Read More>>

A stalled luxury apartment project in London’s prestigious Mayfair district which had been backed by Chinese real estate … Read more>>>

Kenny Lam Link REIT

Manulife, INA Reveal Indonesia Real Assets Tie-Up

Kenny Lam Link REIT

2024/02/06 by Christopher Caillavet Leave a Comment

Manulife Investment Management has joined forces with Indonesia’s sovereign wealth fund on a strategic partnership targeting infrastructure development and real estate plays in Southeast Asia’s largest country.

The tie-up between Canada’s Manulife IM and the Indonesia Investment Authority aims to… Read More>>

Manulife Investment Management has joined forces with Indonesia’s sovereign wealth fund on a strategic partnership … Read more>>>

Teo Swee Lian, chairman of CICT's manager

CICT Distributable Income Rises 1.9% as Conservative Approach Yields Results

Teo Swee Lian, chairman of CICT's manager

2024/02/06 by Christopher Caillavet Leave a Comment

CapitaLand Integrated Commercial Trust posted second-half distributable income of S$362.5 million, up 2.1 percent year-on-year, bringing the REIT’s full-year payout to S$715.7 million ($532 million), up 1.9 percent.

Singapore-listed CICT’s distribution per unit for 2023 was 10.75 Singapore cents, up… Read More>>

CapitaLand Integrated Commercial Trust posted second-half distributable income of S$362.5 million, up 2.1 percent … Read more>>>

Sanjeev Dasgupta - CEO of Ascendas India Trust

CapitaLand India Trust Buys Three Industrial Projects in Chennai, India

Sanjeev Dasgupta - CEO of Ascendas India Trust

2024/02/06 by Beatrice Laforga Leave a Comment

CapitaLand India Trust (CLINT) is acquiring three industrial development projects in Greater Chennai from a local builder as part of the Singapore property heavyweight’s pledge to ramp up investments in the city.

The REIT’s trustee-manager announced on Monday that it… Read More>>

CapitaLand India Trust (CLINT) is acquiring three industrial development projects in Greater Chennai from a local … Read more>>>

Singapore Businessman Tied to China’s ‘Copper King’ and More Asia Real Estate Headlines

2024/02/06 by Ponrath Sopannarath Leave a Comment

A businessman tagged under a Singapore law on foreign interference is tied to a mainland mining tycoon, with that story leading Mingtiandi’s headline roundup today. Also in the news, Indian real estate consultancy Anarock raises $24 million to expand its… Read More>>

A businessman tagged under a Singapore law on foreign interference is tied to a mainland mining tycoon, with that story … Read more>>>

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