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Kevin Lam of Cushman & Wakefield

Hong Kong’s Tsim Sha Tsui Named World’s 2nd Most Expensive Shopping Spot

Kevin Lam of Cushman & Wakefield

2022/11/24 by Mingtiandi Team Leave a Comment

Hong Kong has not only lost its crown for having the most expensive retail district globally, the Chinese territory’s top-end shopping has also migrated to unfashionable Kowloon.

The latest Cushman & Wakefield survey of main streets shows Manhattan’s Upper Fifth… Read More>>

Hong Kong has not only lost its crown for having the most expensive retail district globally, the Chinese territory's … Read more>>>

stuart-porter pwc

Singapore Reclaims Title as Most Desirable Investment Destination From Tokyo

stuart-porter pwc

2022/11/24 by Mingtiandi Team Leave a Comment

Singapore has edged out Tokyo as the most favoured Asia Pacific property investment destination in 2023, reclaiming a title it previously held two years running, according to a report released this week.

The nonprofit Urban Land Institute, which issued the… Read More>>

Singapore has edged out Tokyo as the most favoured Asia Pacific property investment destination in 2023, reclaiming a … Read more>>>

ben lee capitaland

Capitaland Development Hires Keppel’s Ben Lee as Head of China

ben lee capitaland

2022/11/24 by Mingtiandi Team Leave a Comment

The development division of Singapore’s CapitaLand Group has hired away rival Keppel Land’s chief operating officer to head up its growing China operations.

Ben Lee has been named chief executive officer of CapitaLand Development (China) as of 1 November and… Read More>>

The development division of Singapore’s CapitaLand Group has hired away rival Keppel Land’s chief operating officer to … Read more>>>

guo guangchang

Fosun Said Shopping $1B Cainiao Stake and More Asia Real Estate Headlines

guo guangchang

2022/11/24 by Michael Cole Leave a Comment

Warehouse bargains lead Mingtiandi’s list of real estate headlines today as debt-laden Fosun is said to be looking for a buyer for its stake in Alibaba’s logistics unit. Also in the news, the UK’s Actis buys up more renewables in… Read More>>

Warehouse bargains lead Mingtiandi’s list of real estate headlines today as debt-laden Fosun is said to be looking for a … Read more>>>

raymond kwok sun hung kai shk

SHKP Wins Tender for West Kowloon Commercial Project

raymond kwok sun hung kai shk

2022/11/24 by Christopher Caillavet Leave a Comment

Sun Hung Kai Properties had been awarded the tender for a commercial project in Hong Kong’s West Kowloon area after the blue-chip builder submitted the sole bid for the development site earlier this month.

SHKP won the right to develop… Read More>>

Sun Hung Kai Properties had been awarded the tender for a commercial project in Hong Kong’s West Kowloon area after the … Read more>>>

Suchad Chiaranussati, chairman and founder of SC Capital Partners

SC Capital Sets Up $2B Data Centre Investment Strategy With ADIA

Suchad Chiaranussati, chairman and founder of SC Capital Partners

2022/11/23 by Christopher Caillavet Leave a Comment

Singapore-based SC Capital Partners has formed a data centre investment strategy with commitments from the Abu Dhabi Investment Authority, giving the $790 billion sovereign fund the ability to scale up to $2 billion in equity to support the scheme.

The… Read More>>

Singapore-based SC Capital Partners has formed a data centre investment strategy with commitments from the Abu Dhabi … Read more>>>

Justin Chang Digital Bridge

DigitalBridge Buys Stake in Malaysia’s AIMS Data Centre for $438M

Justin Chang Digital Bridge

2022/11/23 by Beatrice Laforga Leave a Comment

US real estate investment trust DigitalBridge Group is acquiring a 49 percent interest in AIMS Data Centre from Malaysian telecom firm Time dotCom for RM 2.01 billion ($438 million), with plans to grow the data centre platform in Southeast Asia,… Read More>>

US real estate investment trust DigitalBridge Group is acquiring a 49 percent interest in AIMS Data Centre from … Read more>>>

mike-hagbeck Storhub

Warburg Pincus-Backed StorHub Buys Beijing Property from Leroy Merlin

mike-hagbeck Storhub

2022/11/23 by Iris Hong Leave a Comment

Singapore’s StorHub has acquired a building which formerly housed retailer Leroy Merlin’s Beijing flagship store as the Warburg Pincus-backed self-storage operator continues to expand its presence in mainland China.

The deal will add a third Beijing location and the 17th… Read More>>

Singapore’s StorHub has acquired a building which formerly housed retailer Leroy Merlin’s Beijing flagship store as the … Read more>>>

Li Sze-lim R&F

Guangzhou R&F Sells Shanghai Office Block to Jinko Solar for $99M

Li Sze-lim R&F

2022/11/23 by Iris Hong Leave a Comment

Guangzhou R&F Properties took another step toward selling down its portfolio of assets, with solar panel manufacturer Jinko Solar Co Ltd on Tuesday having purchased a business park property in western Shanghai from the troubled mainland developer. 

Tower 3, which… Read More>>

Guangzhou R&F Properties took another step toward selling down its portfolio of assets, with solar panel … Read more>>>

Sunac China signage

Sunac Seeks to Stretch RMB Bond Maturity and More Asia Real Estate Headlines

Sunac China signage

2022/11/23 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, mainland developer Sunac reportedly looks to extend the maturity of more onshore bonds, China Vanke secures a line of credit from a state-backed lender, and a good class bungalow site in Singapore goes… Read More>>

In today’s roundup of regional news headlines, mainland developer Sunac reportedly looks to extend the maturity of more … Read more>>>

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