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AIA_CEO_Lee_Yuan_Siong

AIA Bags Shanghai Bargain with $716M North Bund Buy

AIA_CEO_Lee_Yuan_Siong

2022/12/29 by Mingtiandi Team Leave a Comment

Insurance giant AIA is diving into China’s commercial property sector by paying RMB 5 billion ($716 million) for a 90 percent stake in a retail-office complex in Shanghai’s Hongkou district, marking the largest cross-border investment in mainland real estate in… Read More>>

Insurance giant AIA is diving into China’s commercial property sector by paying RMB 5 billion ($716 million) for a 90 … Read more>>>

JD.com chairman Richard Liu

JD.Com Gets Nod to List $224M Warehouse REIT on Shanghai Exchange

JD.com chairman Richard Liu

2022/12/29 by Greg Isaacson Leave a Comment

Mainland regulators have given the green light for a real estate investment trust under Chinese e-commerce giant JD.com to list on the Shanghai Stock Exchange, marking the country’s third significant warehouse REIT as demand for logistics space continues to grow.

… Read More>>

Mainland regulators have given the green light for a real estate investment trust under Chinese e-commerce giant JD.com … Read more>>>

Ng Kiat MLT

Singapore’s Mapletree Logistics Trust Sells Changi Shed at 39% Premium

Ng Kiat MLT

2022/12/29 by Beatrice Laforga Leave a Comment

Mapletree Logistics Trust is selling an ageing warehouse near Singapore’s Changi International Airport to a local furniture retailer for S$22 million ($16.34 million), freeing up cash to invest in fresh assets, according to a bourse filing late Tuesday.

The trust’s… Read More>>

Mapletree Logistics Trust is selling an ageing warehouse near Singapore’s Changi International Airport to a local … Read more>>>

Jonathan Yap CapitaLand

CapitaLand Investment JV Selling Pune Tech Park to India Trust for $160M

Jonathan Yap CapitaLand

2022/12/29 by Christopher Caillavet Leave a Comment

A joint venture of Singapore-based CapitaLand Investment and Maharashtra Industrial Development Corporation has agreed to sell its entire stake in a Pune business park to CapitaLand India Trust for INR 13.5 billion ($160 million).

The SGX-listed fund management arm of… Read More>>

A joint venture of Singapore-based CapitaLand Investment and Maharashtra Industrial Development Corporation has agreed … Read more>>>

Kapolei West, Oahu, Hawaii

Oceanwide Completes Sale of Hawaii Site and More Asia Real Estate Headlines

Kapolei West, Oahu, Hawaii

2022/12/29 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, China Oceanwide unloads a Hawaiian development site at an amended price, Goldin’s Guangzhou commercial project fails to sell at auction for a second time, and Singapore’s SPH REIT gets a rebranding.

Read More>>

In today’s roundup of regional news headlines, China Oceanwide unloads a Hawaiian development site at an amended price, … Read more>>>

George Hongchoy, Executive Director & Chief Executive Officer, Link Asset Management Limited

Link REIT Buying Mercatus Malls for $1.6B in Singapore’s Biggest Deal of 2022

George Hongchoy, Executive Director & Chief Executive Officer, Link Asset Management Limited

2022/12/29 by Beatrice Laforga Leave a Comment

Hong Kong’s Link REIT is entering Singapore with a bang as it records the city’s largest real estate acquisition this year with a S$2.16 billion ($1.6 billion) purchase of a pair of suburban malls from Mercatus Co-operative Ltd, according to… Read More>>

Hong Kong’s Link REIT is entering Singapore with a bang as it records the city’s largest real estate acquisition this … Read more>>>

Yang Huiyan Country Garden

Country Garden Borrows $927M from Chairman and ICBC to Fill Cash Gap

Yang Huiyan Country Garden

2022/12/28 by Greg Isaacson Leave a Comment

Country Garden Holdings, the financially stressed Chinese real estate giant, has received a helping hand this week from the company’s co-chairman as well as the Industrial and Commercial Bank of China (ICBC) through two loans totalling $928 million.

China’s top… Read More>>

Country Garden Holdings, the financially stressed Chinese real estate giant, has received a helping hand this week from … Read more>>>

WONG Kin Yip, Freddie Midland

Hong Kong Agency Midland Warns of Loss as Home Sales Near 27-Year Low

WONG Kin Yip, Freddie Midland

2022/12/28 by Christopher Caillavet Leave a Comment

Hong Kong property agency Midland Holdings expects to report a full-year loss after recording an estimated net loss attributable to shareholders of HK$480 million ($61.6 million) for the first 11 months of 2022.

The anticipated result would reverse the company’s… Read More>>

Hong Kong property agency Midland Holdings expects to report a full-year loss after recording an estimated net loss … Read more>>>

Jumeirah Himalayas Hotel in Shanghai

Zendai Completes Sale of Jiangsu Province Assets to State-Owned China Orient for $32M

Jumeirah Himalayas Hotel in Shanghai

2022/12/28 by Christopher Caillavet Leave a Comment

Shanghai Zendai Property has completed the sale of most of the developer’s stake in a collection of properties and development sites in Jiangsu province for RMB 225 million ($32.3 million).

The completion took place Tuesday, Zendai said in a filing… Read More>>

Shanghai Zendai Property has completed the sale of most of the developer’s stake in a collection of properties and … Read more>>>

hong kong housing

Hong Kong Home Prices Reach 63-Month Low and More Asia Real Estate Headlines

hong kong housing

2022/12/28 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Hong Kong home prices tumble to a fresh multi-year low, and Hysan Development plans an upgrade of its flagship Lee Garden portfolio in Causeway Bay.

Hong Kong Home Prices Fell… Read More>>

In today’s roundup of regional news headlines, Hong Kong home prices tumble to a fresh multi-year low, and Hysan … Read more>>>

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