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Xu Jiayin Evergrande

Evergrande Services Unit Kicks Off Downsized $2B Hong Kong IPO

Xu Jiayin Evergrande

2020/11/23 by Christopher Caillavet Leave a Comment

Evergrande Property Services Group Ltd has announced the details of its proposed listing on the Hong Kong stock exchange, with the public offering to take place from Monday to Thursday this week.

The company, a property management services spin-off of… Read More>>

Evergrande Property Services Group Ltd has announced the details of its proposed listing on the Hong Kong stock … Read more>>>

Ding Xuedong CIC

CIC Nabs Half of Sydney’s Grosvenor Place Office Tower for $674M

Ding Xuedong CIC

2020/11/23 by Christopher Caillavet 2 Comments

Things are heating up as the Australian summer approaches, with China’s sovereign wealth fund paying A$925 million ($674 million) to purchase a 50 percent stake in Sydney’s Grosvenor Place office tower in 2020’s biggest commercial property deal Down Under.

The… Read More>>

Things are heating up as the Australian summer approaches, with China’s sovereign wealth fund paying A$925 million ($674 … Read more>>>

louis lim Keppel Land

Keppel Names New Leadership in Push to Unify Businesses

louis lim Keppel Land

2020/11/23 by Elizabeth Kerr Leave a Comment

In line with a management plan announced earlier this year, Singapore’s Keppel Group on Monday announced five C-suite level changes to its corporate leadership, as it seeks to unify operations that span real estate, infrastructure, offshore marine and fund management.

… Read More>>

In line with a management plan announced earlier this year, Singapore’s Keppel Group on Monday announced five C-suite … Read more>>>

Asia Real Estate People in the News 2020-11-23

2020/11/23 by Christopher Caillavet Leave a Comment

In this week’s edition of People in the News, a stalwart of the region-wide Guoco investment group retires after 40 years of service, while the next generation rises at mainland Chinese property management firm Kaisa Prosperity Holdings. In other moves,… Read More>>

In this week’s edition of People in the News, a stalwart of the region-wide Guoco investment group retires after 40 … Read more>>>

Amazon Loses Battle With India Retail Partner and More Asia Real Estate Headlines

2020/11/23 by Shiunne Bulsombut Leave a Comment

In today’s roundup of news headlines from around Asia, Amazon loses its bid to block a deal involving a business partner in India, heavily indebted China Evergrande reportedly secures a financial lifeline from state-linked companies, and ESR’s South Korean REIT… Read More>>

In today’s roundup of news headlines from around Asia, Amazon loses its bid to block a deal involving a business partner … Read more>>>

Taisuke Miyajima

Sumitomo Mitsui Teams with ARA in $1.3B Buyout of Japan’s Kenedix

Taisuke Miyajima

2020/11/22 by Michael Cole Leave a Comment

A unit of Japan’s Sumitomo Mitsui has launched a JPY 132 billion ($1.3 billion) takeover of one of the country’s most prominent real estate fund managers, and is teaming up with Singapore’s ARA Asset Management to get the buyout completed.

… Read More>>

A unit of Japan’s Sumitomo Mitsui has launched a JPY 132 billion ($1.3 billion) takeover of one of the country’s most … Read more>>>

Gap Shuts Central Store as It Closes Up Shop in Hong Kong

2020/11/22 by Elizabeth Kerr Leave a Comment

US fast fashion retailer Gap is closing its doors in Hong Kong as it follows through on plans to shut its remaining stores in the world’s most expensive retail market by the end of November, according to Apple Daily.

The… Read More>>

US fast fashion retailer Gap is closing its doors in Hong Kong as it follows through on plans to shut its remaining … Read more>>>

Record Number of HK Buyers Abandon Home Purchases and More Asia Real Estate Headlines

2020/11/22 by Shiunne Bulsombut Leave a Comment

In Mingtiandi’s latest roundup of regional news headlines, Hong Kong homebuyers are walking away from deals at a record clip, Chinese online property platform KE raises $2.1 billion in a share sale, and a Chinese investment group withdraws its bid… Read More>>

In Mingtiandi’s latest roundup of regional news headlines, Hong Kong homebuyers are walking away from deals at a record … Read more>>>

Lee-Richards-485x600

CDL Says It Will Offload Hotels After Hospitality Business Lost $155M in 2020 1H

Lee-Richards-485x600

2020/11/19 by Christopher Caillavet Leave a Comment

Millennium & Copthorne Hotels Ltd has offered a glimpse of its recovery strategy after a 12-month period that witnessed an ill-timed privatisation, a sector-wrecking pandemic and boardroom upheaval.

After the hospitality division of Singapore-listed City Developments Ltd (CDL) reported a… Read More>>

Millennium & Copthorne Hotels Ltd has offered a glimpse of its recovery strategy after a 12-month period that … Read more>>>

danke apartment gao jing

Troubled Mainland Apartment Platform Danke Said Headed for Buyout

danke apartment gao jing

2020/11/19 by Elizabeth Kerr Leave a Comment

Following a client uprising over the weekend that drove rumours of bankruptcy early this week, Beijing-based rental platform Danke Apartment may be in line for a buyout, according to local media reports.

Listed on the New York Stock Exchange as… Read More>>

Following a client uprising over the weekend that drove rumours of bankruptcy early this week, Beijing-based rental … Read more>>>

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