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David Green-Morgan RCA

APAC Real Estate Investment Plunges to Lowest Level Since 2008 Meltdown

David Green-Morgan RCA

2020/05/13 by James Hatton Leave a Comment

Commercial real estate investment in Asia Pacific hit its lowest level since the global financial crisis during the first three months of the year, as measures put in place to stop the spread of the coronavirus pandemic saw dealmaking almost… Read More>>

Commercial real estate investment in Asia Pacific hit its lowest level since the global financial crisis during the … Read more>>>

Andre Fu AFSO

Casino Heir Buys Office in Central for HK$73.8M and More Hong Kong Real Estate Headlines

Andre Fu AFSO

2020/05/13 by Stephanie Li Leave a Comment

Leading today’s Hong Kong real estate news, the heir of Macau casino tycoon Fu Tak Iam has decided to take a gamble on a strata title office floor in Central, while WeWork has surrendered leases amounting to 20 percent of… Read More>>

Leading today’s Hong Kong real estate news, the heir of Macau casino tycoon Fu Tak Iam has decided to take a gamble on a … Read more>>>

Scape Seals A$2B Aussie Student Digs Deal and More Asia Real Estate Headlines

2020/05/13 by James Hatton Leave a Comment

An Australian mega-deal leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the Australian arm of a London-based student accommodation provider buys a portfolio of university digs down under.

In other news around the region, an… Read More>>

An Australian mega-deal leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the Australian arm … Read more>>>

Samuel WT Chu and Benjamin KY Lee

Phoenix Said Seeking Buyer for Wan Chai Commercial Project at HK$330M

Samuel WT Chu and Benjamin KY Lee

2020/05/12 by James Hatton Leave a Comment

Phoenix Property Investors is seeking a buyer for a commercial redevelopment project in Hong Kong’s Wan Chai district at an asking price of HK$330 million ($43 million), according to people familiar with the matter who spoke to Mingtiandi.

The Hong… Read More>>

Phoenix Property Investors is seeking a buyer for a commercial redevelopment project in Hong Kong’s Wan Chai district at … Read more>>>

South Korean Investors Take Aim at Amazon in €200M Euro Shed Buy

2020/05/12 by James Hatton Leave a Comment

South Korean institutional investors have funded a €200 million ($216 million) acquisition of a German logistics portfolio which includes a large-scale Amazon fulfilment centre, as the European warehouse sector continues to attract Asian capital.

London-headquartered investment management firm Apeiron Capital… Read More>>

South Korean institutional investors have funded a €200 million ($216 million) acquisition of a German logistics … Read more>>>

westin st francis

Mirae Plans Anbang Hotel Deal Countersuit and More Asia Real Estate Headlines

westin st francis

2020/05/12 by James Hatton Leave a Comment

Legal battles push viruses out of the headlines today as Korea’s Mirae Asset Management fires a fresh salvo in a court battle with China’s Dajia Insurance over a failed $5.8 billion hotel deal.

Also finding space in Mingtiandi’s real estate… Read More>>

Legal battles push viruses out of the headlines today as Korea's Mirae Asset Management fires a fresh salvo in a court … Read more>>>

pan sutong

Hong Kong-listed Goldin Sells Kai Tak Residential Plot at HK$2.6B Loss

pan sutong

2020/05/11 by Stephanie Li Leave a Comment

Goldin Financial Holdings has agreed to sell a residential site on Hong Kong’s former airport at a HK$2.6 billion ($340 million) loss, as the company seeks to free up cash amid a downturn in the Asian financial hub.

The financial… Read More>>

Goldin Financial Holdings has agreed to sell a residential site on Hong Kong’s former airport at a HK$2.6 billion ($340 … Read more>>>

Abandoned WeWork Centres Put Up for Lease in Kowloon

2020/05/11 by Stephanie Li Leave a Comment

WeWork has surrendered three lease commitments in Hong Kong as the US co-working giant continues to restructure its portfolio, according to a person with knowledge of the matter who spoke to Mingtiandi.

Mingtiandi understands that WeWork has surrendered its centre… Read More>>

WeWork has surrendered three lease commitments in Hong Kong as the US co-working giant continues to restructure its … Read more>>>

Asia Real Estate People in the News 2020-05-11

2020/05/11 by James Hatton Leave a Comment

In this week’s edition of People in the News, a data centre developer backed by UK fund manager Actis has poached a vice president of sales from rival Equinix as server sheds continue to be a top target for investors… Read More>>

In this week’s edition of People in the News, a data centre developer backed by UK fund manager Actis has poached a vice … Read more>>>

gu gang

HNA Fails to Make Payment on $4B Ingram Micro Buyout Loan

gu gang

2020/05/10 by Stephanie Li Leave a Comment

A unit of China’s HNA Group has failed to repay $750 million owed from its buyout four years ago of a US technology distributor, as the cash-strapped conglomerate’s credit problems continue to mount despite selling off a Shanghai office tower… Read More>>

A unit of China’s HNA Group has failed to repay $750 million owed from its buyout four years ago of a US technology … Read more>>>

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