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Sun Jia Vanke

Asia Real Estate People in the News 2021-11-29

Sun Jia Vanke

2021/11/29 by Michael Cole Leave a Comment

A top level appointment at China Vanke’s offshore division leads this week’s roundup of personnel moves, and the manager of Singapore-listed Sasseur REIT suffers another senior departure. There are also new faces reporting to work at CBRE in Singapore as… Read More>>

A top level appointment at China Vanke’s offshore division leads this week’s roundup of personnel moves, and the manager … Read more>>>

Ma Ah-muk

Hong Kong’s Minibus King Sells Kwun Tong Industrial Building for 35% Off

Ma Ah-muk

2021/11/28 by Pawara Laothamatas Leave a Comment

Hong Kong’s local investors are taking advantage of the city’s accelerating industrial market, with “Minibus King” Ma Ah-muk recording an en-bloc disposal of a Kwun Tong industrial building this month for HK$390 million ($50 million), or HK$6,657 per square foot.

… Read More>>

Hong Kong’s local investors are taking advantage of the city’s accelerating industrial market, with “Minibus King” Ma … Read more>>>

Keiichi Yoshii daiwa house president and ceo

Daiwa House Logistics Trust’s Singapore IPO 9.5 Times Subscribed

Keiichi Yoshii daiwa house president and ceo

2021/11/28 by Christopher Caillavet Leave a Comment

Units of Daiwa House Logistics Trust began trading Friday afternoon on the Singapore Exchange after the Japan-focused industrial REIT’s IPO proved a smash hit with investors.

Priced at S$0.80 per unit, the public offering comprised an international placement of 219,438,000… Read More>>

Units of Daiwa House Logistics Trust began trading Friday afternoon on the Singapore Exchange after the Japan-focused … Read more>>>

sherman kwek CDL

CDL Buys Residential Site in Singapore’s Upper Bukit Timah for $93M 

sherman kwek CDL

2021/11/28 by Beatrice Laforga 4 Comments

A unit of SGX-listed developer City Developments Ltd (CDL) has secured the rights to a pair of commercial properties in Upper Bukit Timah for S$126.3 million ($92.5 million), a move that could pave the way for a new condominium tower… Read More>>

A unit of SGX-listed developer City Developments Ltd (CDL) has secured the rights to a pair of commercial properties in … Read more>>>

Evergrande Football Stadium

Evergrande Stadium Said Taken Over by Govt and More Asia Real Estate Headlines

Evergrande Football Stadium

2021/11/27 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, the hits keep coming for embattled Chinese developers, with Evergrande reportedly stripped of its soccer stadium and Fantasia facing a wind-up petition. Meanwhile, data centre operator Global Switch is said to have… Read More>>

In today’s roundup of regional news headlines, the hits keep coming for embattled Chinese developers, with Evergrande … Read more>>>

Claire Cormier Thielke, Managin Director, Asia Pacific, Hines

Hines Fund Buys Butterfly Hotel in Hong Kong to Create Co-Living Complex

Claire Cormier Thielke, Managin Director, Asia Pacific, Hines

2021/11/25 by Christopher Caillavet Leave a Comment

US developer Hines has acquired Butterfly on Prat, a 158-room hotel in Hong Kong’s Tsim Sha Tsui area, which the firm plans to convert into a co-living flagship to be managed by local residential operator Dash Living.

The 18-storey asset… Read More>>

US developer Hines has acquired Butterfly on Prat, a 158-room hotel in Hong Kong’s Tsim Sha Tsui area, which the firm … Read more>>>

Kaisa Kwok Ying-shing

Kaisa Selling Kai Tak Site to New World-Far East Consortium JV for $1B

Kaisa Kwok Ying-shing

2021/11/25 by Pawara Laothamatas Leave a Comment

Cash-strapped Kaisa Group is the latest mainland developer to offload assets in a scramble to repay debts, as the Shenzhen builder has now agreed to sell its half stake in a once-prized residential site on Hong Kong’s former Kai Tak… Read More>>

Cash-strapped Kaisa Group is the latest mainland developer to offload assets in a scramble to repay debts, as the … Read more>>>

Keith Fujii Lasalle

LaSalle Raises $290M for Japan Fund, Adds Apartments, Warehouse

Keith Fujii Lasalle

2021/11/25 by Beatrice Laforga Leave a Comment

LaSalle Investment Management has secured JPY 33 billion ($289 million) in fresh funds for its open-ended Japan fund and added eight industrial and residential assets to the venture as Asia’s second largest economy continues to find favour with property investors.

… Read More>>

LaSalle Investment Management has secured JPY 33 billion ($289 million) in fresh funds for its open-ended Japan fund and … Read more>>>

Sherwood Luo Greenland

Shanghai’s Greenland Completes Sydney Residential Tower First Announced in 2013

Sherwood Luo Greenland

2021/11/25 by Christopher Caillavet Leave a Comment

One of Sydney’s longest-running high-rise construction projects has reached the finish line with Shanghai’s Greenland Group this week announcing the completion of a residential tower in the city’s central business district.

The 235 metre (771 foot) mixed-use building, dubbed Greenland… Read More>>

One of Sydney’s longest-running high-rise construction projects has reached the finish line with Shanghai’s Greenland … Read more>>>

Kissimmee Korners

CFLD Boss Buys US Mall After $14.7B in Defaults and More Asia Real Estate Headlines

Kissimmee Korners

2021/11/25 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, the chairman of beleaguered developer China Fortune Land Development, Wang Wenxue, shakes off his firm’s debt woes with a little retail therapy, acquiring a Florida shopping mall through a private company he controls…. Read More>>

In today’s roundup of regional news headlines, the chairman of beleaguered developer China Fortune Land Development, … Read more>>>

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