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Kwok Ying-shing of Kaisa

Stock Plunge Greets Release of Kaisa’s Loss-Making 2021 Results as Trading Resumes

Kwok Ying-shing of Kaisa

2023/03/11 by Christopher Caillavet Leave a Comment

Mainland builder Kaisa Group Holdings posted a loss of RMB 13.3 billion (now $1.9 billion) in its long-delayed 2021 annual report released Thursday, sending shares tumbling when they resumed trade Friday morning after a suspension since last April.

The red… Read More>>

Mainland builder Kaisa Group Holdings posted a loss of RMB 13.3 billion (now $1.9 billion) in its long-delayed 2021 … Read more>>>

Raymond Kwok of Sun Hung Kai Properties (Getty Images)

SHKP Preps Townplace West Kowloon ‘Aparthotel’ for Second-Half Launch

Raymond Kwok of Sun Hung Kai Properties (Getty Images)

2023/03/11 by Christopher Caillavet Leave a Comment

Sun Hung Kai Properties plans to debut the flagship property under its Townplace rental residential brand in the second half of 2023, with the blue-chip builder touting the West Kowloon project as Hong Kong’s first large-scale “aparthotel”.

Located at 10… Read More>>

Sun Hung Kai Properties plans to debut the flagship property under its Townplace rental residential brand in the second … Read more>>>

Minnesota State Capitol

Minnesota Gives Nod to Angelo Gordon Fund Boost and More Asia Real Estate Headlines

Minnesota State Capitol

2023/03/11 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, a Minnesota pension manager follows through on a planned commitment to an Angelo Gordon real estate fund, and Chinese home rental platform Ziroom reportedly mulls raising $1 billion from a Hong Kong IPO.

… Read More>>

In today’s roundup of regional news headlines, a Minnesota pension manager follows through on a planned commitment to an … Read more>>>

Sachin Doshi, Founder & Group CEO, Weave Living

Rental Housing Operator Weave Opens First Location in Singapore 

Sachin Doshi, Founder & Group CEO, Weave Living

2023/03/09 by Beatrice Laforga 1 Comment

Weave Living opened its first location in Singapore this week with the facility in Kampong Glam half leased at rents exceeding expectations, Sachin Doshi, founder and chief executive of the Hong Kong-based startup told Mingtiandi on Thursday.

The Warburg Pincus-backed… Read More>>

Weave Living opened its first location in Singapore this week with the facility in Kampong Glam half leased at rents … Read more>>>

St Katharine Docks London

CDL Completes $468M Buy of London Mixed-Use Complex From Blackstone

St Katharine Docks London

2023/03/09 by Christopher Caillavet Leave a Comment

Singapore’s City Developments Ltd has completed its purchase of the St Katharine Docks complex in central London from funds advised by Blackstone for £395 million ($468.2 million).

The property spans more than 500,000 square feet (46,450 square metres) of office,… Read More>>

Singapore’s City Developments Ltd has completed its purchase of the St Katharine Docks complex in central London from … Read more>>>

Guy Bradley of Swire Properties

Swire Properties Underlying Profit Falls 9% as Regional Investment Plan Barrels Ahead

Guy Bradley of Swire Properties

2023/03/09 by Christopher Caillavet Leave a Comment

Swire Properties posted a 9 percent decline in its full-year underlying profit, primarily due to a reduction in income from the sale of car parking spaces at the Hong Kong-based developer’s Taikoo Shing residential project in Quarry Bay.

Underlying profit… Read More>>

Swire Properties posted a 9 percent decline in its full-year underlying profit, primarily due to a reduction in income … Read more>>>

JP Morgan Tower

Blackstone Chases $660M for Sydney Tower and More Asia Real Estate Headlines

JP Morgan Tower

2023/03/09 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Blackstone looks Down Under for its latest potential asset disposal, and China’s government ponders a novel method to maintain state control of private firms.

Blackstone Could Fetch A$1B as It… Read More>>

In today’s roundup of regional news headlines, Blackstone looks Down Under for its latest potential asset disposal, and … Read more>>>

Kunihiko Okumura LaSalle

LaSalle Promotes Nick Okumura to Japan CEO, Appoints Itaru Nogami to Manage Fund

Kunihiko Okumura LaSalle

2023/03/08 by Christopher Caillavet Leave a Comment

LaSalle Investment Management on Wednesday announced the promotion of Kunihiko (Nick) Okumura to succeed Keith Fujii as Japan CEO at the fund management unit of JLL.

In addition, Itaru Nogami will replace Ryota Morioka as fund manager of the firm’s… Read More>>

LaSalle Investment Management on Wednesday announced the promotion of Kunihiko (Nick) Okumura to succeed Keith Fujii as … Read more>>>

Sachin Doshi, Founder & Group CEO, Weave Living

Warburg Pincus, Weave Lead Off Mingtiandi Residential Forum on Tuesday

Sachin Doshi, Founder & Group CEO, Weave Living

2023/03/08 by Michael Cole Leave a Comment

One of Asia’s hottest real estate investment sectors comes into focus starting next week as Mingtiandi begins its APAC Residential Forum with an interview of top executives from Warburg Pincus and Hong Kong’s Weave Living.

The spotlight interview session brings… Read More>>

One of Asia’s hottest real estate investment sectors comes into focus starting next week as Mingtiandi begins its APAC … Read more>>>

Tokyu Land’s Activia REIT to Buy Tokyo Office Building for $220M, Sell Ginza Site Stake

2023/03/08 by Christopher Caillavet Leave a Comment

Activia Properties has agreed to acquire a central Tokyo office building for JPY 30.6 billion ($220 million), with the transaction to be financed in part by the disposal of the Japanese REIT’s interest in the land beneath a Ginza mall.

… Read More>>

Activia Properties has agreed to acquire a central Tokyo office building for JPY 30.6 billion ($220 million), with the … Read more>>>

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