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wangjing soho

Soho China Declares Blackstone Buyout Deal DOA and More Asia Real Estate Headlines

wangjing soho

2020/08/16 by Michael Cole Leave a Comment

The coronavirus appears to have claimed another victim with Soho China declaring that its proposed deal with Blackstone to privatise the company had fallen apart as real estate markets struggle with shifts in valuation.

While that transaction… Read More>>

The coronavirus appears to have claimed another victim with Soho China declaring that its proposed deal with Blackstone … Read more>>>

Kwek Leng Beng

CDL Steps Up SG Redevelopment Projects as Profit Falls 99%

Kwek Leng Beng

2020/08/13 by Jonathan Burgos Leave a Comment

Real estate giant City Developments Ltd (CDL) is stepping up plans to redevelop its older commercial buildings in Singapore’s central business district after the COVID-19 pandemic dragged the group’s net profit in the first six months of the year.

CDL… Read More>>

Real estate giant City Developments Ltd (CDL) is stepping up plans to redevelop its older commercial buildings in … Read more>>>

Christina Gaw tb2

Gaw Capital Raises $900M for Education, Property Deals

Christina Gaw tb2

2020/08/13 by Elizabeth Utley Leave a Comment

Hong Kong-based property investment firm Gaw Capital Partners has won a fresh investment mandate totaling $900 million, the company announced in a statement this week.

The capital commitment, which comes from an unnamed institutional investor, will be… Read More>>

Hong Kong-based property investment firm Gaw Capital Partners has won a fresh investment mandate totaling $900 million, … Read more>>>

Hongkong Land Chater House

Tenants Flee Hong Kong’s Central District as Office Vacancy Hits 5.6%

Hongkong Land Chater House

2020/08/13 by Mingtiandi Team Leave a Comment

Hong Kong’s Central district is witnessing a sharp drop in leasing demand, as corporate occupiers and major retail chains shy away from the cost of operating in the world’s most expensive commercial district.

Office leasing rates fell by 2.4 percent… Read More>>

Hong Kong’s Central district is witnessing a sharp drop in leasing demand, as corporate occupiers and major retail … Read more>>>

Pacific Place

Swire Properties Profit Falls 90% on Valuation Slide and More Asia Real Estate Headlines

Pacific Place

2020/08/13 by Michael Cole Leave a Comment

Damage from the coronavirus pandemic continued to show up in the earnings of Asia’s top developers today as Hong Kong-listed Swire Properties reported a 90 percent drop in profit during the first six months of 2020.

Also… Read More>>

Damage from the coronavirus pandemic continued to show up in the earnings of Asia’s top developers today as Hong … Read more>>>

adrian cheng

New World Buys Shanghai Commercial Project for RMB 4.1B

adrian cheng

2020/08/12 by Michael Cole Leave a Comment

New World Development has added a Shanghai project to its mainland commercial portfolio, winning an uncontested land auction for a site on Huaihai Road with a RMB 4.1 billion ($590 million) bid, according to an official announcement today.

The land… Read More>>

New World Development has added a Shanghai project to its mainland commercial portfolio, winning an uncontested land … Read more>>>

Hongkong skyline

Hong Kong Still Asia’s Most Expensive City as Office Rents Top Tokyo by 56%

Hongkong skyline

2020/08/12 by Mingtiandi Team Leave a Comment

Hong Kong retains its crown as Asia’s most expensive commercial real estate market even after the Covid-19 pandemic saw the city record the region’s steepest decline in prime rents over the first six months of the year, London-based real estate… Read More>>

Hong Kong retains its crown as Asia’s most expensive commercial real estate market even after the Covid-19 pandemic saw … Read more>>>

seazen Holdings project

Seazen Holdings Scandal Spawns Insider Trading and More Asia Real Estate Headlines

seazen Holdings project

2020/08/12 by Michael Cole Leave a Comment

The arrest last year of the chairman of one of China’s largest developers has led to further damage this week after one of the fallen bosses buddies was penalised for insider trading after learning that his friend was headed for… Read More>>

The arrest last year of the chairman of one of China’s largest developers has led to further damage this week after one … Read more>>>

Koh Wee Lih, CEO of AIMS APAC REIT

AIMS APAC REIT to Buy Warehouse in Singapore’s Jurong for S$129.6M

Koh Wee Lih, CEO of AIMS APAC REIT

2020/08/11 by Jonathan Burgos Leave a Comment

SGX-listed AIMS APAC REIT (AA REIT) has agreed to buy a four-storey warehouse in western Singapore’s Jurong district for S$129.6 million ($94.4 million), notching the city’s biggest industrial deal thus far in 2020 as investors compete for logistics investment opportunities.

… Read More>>

SGX-listed AIMS APAC REIT (AA REIT) has agreed to buy a four-storey warehouse in western Singapore’s Jurong district for … Read more>>>

David Faulkner ULI

David Faulkner Tapped to Lead ULI’s APAC Operations

David Faulkner ULI

2020/08/11 by Elizabeth Utley Leave a Comment

The Urban Land Institute (ULI) appointed David Faulkner as president for the Asia Pacific region with immediate effect, the real estate industry organisation announced on 6 August.

Faulkner joins ULI after a short break following a 16 year career with… Read More>>

The Urban Land Institute (ULI) appointed David Faulkner as president for the Asia Pacific region with immediate effect, … Read more>>>

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