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kei hoi pang Logan

Citi Files Winding-Up Petition Against China’s Logan Group in Hong Kong

kei hoi pang Logan

2022/11/08 by Christopher Caillavet Leave a Comment

Logan Group has become the latest defaulting Chinese developer to get socked with a winding-up petition, with a unit of banking giant Citigroup taking action against the builder and a pair of subsidiaries in two separate courts.

On 4 November,… Read More>>

Logan Group has become the latest defaulting Chinese developer to get socked with a winding-up petition, with a unit of … Read more>>>

Peter Hwang Blackstone

Blackstone’s DragonCor Adding Southern China Warehouses, Expands Scope

Peter Hwang Blackstone

2022/11/08 by Christopher Caillavet Leave a Comment

DragonCor, a portfolio company owned and managed by Blackstone real estate funds, plans to add 280,000 square metres (over 3 million square feet) of warehouses in the Greater Bay Area, significantly expanding the China-focused platform’s footprint as it grows in… Read More>>

DragonCor, a portfolio company owned and managed by Blackstone real estate funds, plans to add 280,000 square metres … Read more>>>

CSI Properties Sells New Territories Retail Podium for $56M

2022/11/08 by Pawara Laothamatas Leave a Comment

CSI Properties has agreed to sell the retail podium of its residential tower in the New Territories for HK$440 million ($56 million), an executive from the Hong Kong-listed developer confirmed to Mingtiandi.

The unnamed buyer – a local family office,… Read More>>

CSI Properties has agreed to sell the retail podium of its residential tower in the New Territories for HK$440 million … Read more>>>

ocean flower island

Evergrande Hainan Resort Towers Repurposed and More Asia Real Estate Headlines 

ocean flower island

2022/11/08 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, officials who seized an Evergrande resort in Hainan province aim to reposition the buildings for residential and commercial purposes, while in Singapore the volume of condo resale transactions resumes its decline after a… Read More>>

In today’s roundup of regional news headlines, officials who seized an Evergrande resort in Hainan province aim to … Read more>>>

pan sutong trophy

Fresh Lawsuit Said Filed Over Failed Sale of Goldin’s Hong Kong Tower

pan sutong trophy

2022/11/07 by Christopher Caillavet Leave a Comment

Late September’s news that the Goldin Financial Global Centre had finally sold after a two-year struggle for the Hong Kong office tower appears to have been premature, according to local media reports of a new legal case involving the property.

… Read More>>

Late September’s news that the Goldin Financial Global Centre had finally sold after a two-year struggle for the Hong … Read more>>>

Teresa Zhuge GLP

GLP Hits Final Close on China Logistics RMB Income Fund

Teresa Zhuge GLP

2022/11/07 by Christopher Caillavet Leave a Comment

GLP on Monday announced the final closing of its sixth China income fund with RMB 7.6 billion ($1.05 billion) in assets under management, as the industrial specialist demonstrates its ability to raise funds from local institutions aiming to benefit from… Read More>>

GLP on Monday announced the final closing of its sixth China income fund with RMB 7.6 billion ($1.05 billion) in assets … Read more>>>

Xu Jiayin Evergrande

Evergrande Loses $770 Million on Sale of Hong Kong Plot Seized by Oaktree

Xu Jiayin Evergrande

2022/11/07 by Iris Hong Leave a Comment

China Evergrande Group shared some more bad news on Sunday when it announced a loss of approximately $770 million on a project in Hong Kong’s New Territories.

The troubled developer’s latest financial failure is a result of receivers appointed by… Read More>>

China Evergrande Group shared some more bad news on Sunday when it announced a loss of approximately $770 million on a … Read more>>>

Cyberpearl

CapitaLand India Trust Launches Office Platform and More Asia Real Estate Headlines

Cyberpearl

2022/11/07 by Christopher Caillavet Leave a Comment

In today’s roundup of regional headlines, CapitaLand India Trust has upped its commitments to India’s office sector and the chairman of HSBC’s largest shareholder calls for the break-up of the global bank. Hong Kong’s falling home prices are also back… Read More>>

In today’s roundup of regional headlines, CapitaLand India Trust has upped its commitments to India's office sector and … Read more>>>

Yeo Siew Eng

Asia Real Estate People in the News 2022-11-07

Yeo Siew Eng

2022/11/07 by Michael Cole Leave a Comment

A set of Singapore moves dominates this week’s list of human resources updates from Asia’s real estate community, led by Keppel DC REIT naming a new independent director, and PAG adding a managing director to its team in the city…. Read More>>

A set of Singapore moves dominates this week’s list of human resources updates from Asia’s real estate community, led by … Read more>>>

Claire Tang Lasalle

LaSalle Acquires Shanghai Apartment Building from Landsea for $35.2M 

Claire Tang Lasalle

2022/11/06 by Iris Hong Leave a Comment

An opportunistic fund managed by LaSalle Investment Management is acquiring a building in Shanghai’s Yangpu district from Landsea Green Management Limited for RMB 253 million ($35.2 million), with market sources expecting the US firm to renovate the property for use… Read More>>

An opportunistic fund managed by LaSalle Investment Management is acquiring a building in Shanghai’s Yangpu district … Read more>>>

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