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The late "Minibus King" Ma Ah-muk

Auction of Tsim Sha Tsui Asset Flops in Hong Kong’s Third-Ever Failed Compulsory Sale

The late "Minibus King" Ma Ah-muk

2022/02/11 by Pawara Laothamatas Leave a Comment

Hong Kong recorded its third-ever unsuccessful compulsory sale just two weeks ago, with the auction for Tai Chi Court in the city’s Tsim Sha Tsui area seeing a buyer walk away from the chance to pick up the commercial property… Read More>>

Hong Kong recorded its third-ever unsuccessful compulsory sale just two weeks ago, with the auction for Tai Chi Court in … Read more>>>

the paragon sg

SPH Chooses Temasek-Backed Offer Over Keppel and More Asia Real Estate Headlines

the paragon sg

2022/02/11 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Singapore Press Holdings terminates Keppel’s offer for the publisher’s real estate business in favour of Cuscaden Peak, cash-strapped Evergrande vows to restart construction and home sales, and China’s bad-debt managers move to support… Read More>>

In today’s roundup of regional news headlines, Singapore Press Holdings terminates Keppel’s offer for the publisher’s … Read more>>>

388 George Street

Hong Kong’s Link REIT Pays $428M for Half-Stake in Oxford Properties Aussie Portfolio

388 George Street

2022/02/10 by Michael Cole Leave a Comment

Hong Kong’s Link REIT has agreed to make its second Australian investment in just over two months, with Asia’s largest real estate investment trust announcing today that it is investing A$596 million ($428.2 million) for a 49.9 percent stake in… Read More>>

Hong Kong’s Link REIT has agreed to make its second Australian investment in just over two months, with Asia’s largest … Read more>>>

ESR Jeffrey Shen

GIC-Backed ESR Fund Buys $692M Greater Shanghai Industrial Portfolio From DLJ

ESR Jeffrey Shen

2022/02/10 by Christopher Caillavet Leave a Comment

Warehouse giant ESR has acquired what it describes as the largest-ever portfolio of logistics and industrial assets to be transacted in Greater Shanghai.

The Hong Kong-listed firm bought the 11-asset portfolio for an undisclosed amount in partnership with a “leading… Read More>>

Warehouse giant ESR has acquired what it describes as the largest-ever portfolio of logistics and industrial assets to … Read more>>>

lee-kok-sun gic

Singapore’s GIC Confirms $1.3B Buy of Prince Hotel Portfolio in Japan

lee-kok-sun gic

2022/02/10 by Beatrice Laforga Leave a Comment

Less than a week after reports surfaced of Japan’s Seibu Holdings disposing of a portfolio of hospitality properties, the travel conglomerate confirmed on Thursday that it has agreed to sell 15 Prince hotels and 16 additional leisure properties in Japan… Read More>>

Less than a week after reports surfaced of Japan’s Seibu Holdings disposing of a portfolio of hospitality properties, … Read more>>>

Darren Searle Logos

KKR, Mubadala Backing New Logos Projects in Sydney and Melbourne

Darren Searle Logos

2022/02/10 by Christopher Caillavet Leave a Comment

Logos has acquired an industrial site in suburban Sydney and another in Melbourne under the Australian developer’s partnership with private equity major KKR and Abu Dhabi’s Mubadala Investment Company.

The partners will develop the two properties into multi-unit logistics estates… Read More>>

Logos has acquired an industrial site in suburban Sydney and another in Melbourne under the Australian developer’s … Read more>>>

Xia Haijun, CEO of Evergrande

Evergrande CEO Sold $128M in Bonds Pre-Default and More Asia Real Estate Headlines

Xia Haijun, CEO of Evergrande

2022/02/10 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, China Evergrande’s CEO discloses how he dumped bonds issued by the group ahead of last year’s debt default, fugitive billionaire Guo Wengui’s lawsuit against Swiss banking giant UBS clears a legal hurdle, and… Read More>>

In today’s roundup of regional news headlines, China Evergrande’s CEO discloses how he dumped bonds issued by the group … Read more>>>

Henderson executive director Augustine Wong Ho Ming

Henderson Land Consolidates Site for $1.1B Kowloon Project

Henderson executive director Augustine Wong Ho Ming

2022/02/09 by Pawara Laothamatas Leave a Comment

Henderson Land Development has taken another step towards consolidating a 42,506 square foot (3,948 square metre) site in a Hong Kong redevelopment hotbed, having gained approval for the compulsory sale of a property in Kowloon’s To Kwa Wan neighbourhood last… Read More>>

Henderson Land Development has taken another step towards consolidating a 42,506 square foot (3,948 square metre) site … Read more>>>

Hongkong Land Takes on First Logistics Project with Logos Indonesia JV 

2022/02/09 by Beatrice Laforga Leave a Comment

Hongkong Land is embarking on its first-ever logistics project by teaming up with its Indonesian sister firm PT Astra International and warehouse specialist Logos Property in a joint venture to develop and manage warehouses in Southeast Asia’s largest economy.

The… Read More>>

Hongkong Land is embarking on its first-ever logistics project by teaming up with its Indonesian sister firm PT Astra … Read more>>>

AviNaidu-JonathanHannam

APG, Ivanhoe Cambridge Invest in Taronga Property Technology Fund

AviNaidu-JonathanHannam

2022/02/09 by Christopher Caillavet Leave a Comment

Fund managers APG and Ivanhoe Cambridge have become the latest global investors to commit capital to Taronga Ventures’ flagship property technology vehicle.

Netherlands-based APG, which manages investments on behalf of Dutch pension funds, made its first proptech investment in Asia… Read More>>

Fund managers APG and Ivanhoe Cambridge have become the latest global investors to commit capital to Taronga Ventures’ … Read more>>>

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