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wang jianlin

Wanda’s AMC Facing Imminent Default as COVID-19 Empties Movie Theatres

wang jianlin

2020/04/14 by James Hatton Leave a Comment

American movie theatre chain AMC Entertainment Holdings Inc is said to be close to bankruptcy, eight years after Chinese conglomerate Dalian Wanda bought the Kansas-based company for $2.6 billion.

Shares in the NYSE-listed firm closed down 20 percent to $2.08… Read More>>

American movie theatre chain AMC Entertainment Holdings Inc is said to be close to bankruptcy, eight years after Chinese … Read more>>>

Hong Kong Data Centre Operator BDx Takes Aim at SE Asia with Singapore Buy

2020/04/14 by James Hatton Leave a Comment

Big Data Exchange, the data centre platform of Hong Kong internet provider HGC Global Communications, has completed the acquisition of its first facility outside of Greater China as part of a A$160 million ($102 million) deal as the company looks… Read More>>

Big Data Exchange, the data centre platform of Hong Kong internet provider HGC Global Communications, has completed the … Read more>>>

oyo china

Softbank’s Oyo Furloughs Thousands as Operations Freeze and More Asia Real Estate Headlines

oyo china

2020/04/14 by James Hatton Leave a Comment

A Softbank-backed hotel company leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the budget accommodation chain has furloughed thousands of staff.

In other news around the region, sliding home rents in one… Read More>>

A Softbank-backed hotel company leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news … Read more>>>

Quek-Leng-Chan

GuocoLand Selling Shanghai Hotel to Dahua Group for RMB 1.44B

Quek-Leng-Chan

2020/04/13 by Michael Cole Leave a Comment

One of Southeast Asia’s largest developers has defied the COVID-19 crisis to sell a hotel property in Shanghai’s Putuo district at a mark-up of nearly 65 percent over its net book value, according to an announcement to the Singapore stock… Read More>>

One of Southeast Asia’s largest developers has defied the COVID-19 crisis to sell a hotel property in Shanghai’s Putuo … Read more>>>

he haiyang

Asia Real Estate People in the News 2020-04-13

he haiyang

2020/04/13 by Michael Cole Leave a Comment

With mainland China returning to something that begins to resemble normal working conditions executives in the middle kingdom dominate this week’s collection of people moves from around the region, with developers in Shanghai and Shenzhen introducing new senior leadership. While… Read More>>

With mainland China returning to something that begins to resemble normal working conditions executives in the middle … Read more>>>

sylvia lau JLL

JLL Promotes Sylvia Lau to Head of Valuation and Advisory for Greater China

sylvia lau JLL

2020/04/13 by Michael Cole Leave a Comment

International property consultancy JLL has promoted a veteran member of its team to lead its valuations and advisory division for Greater China, according to an announcement by the US-based firm late last week.

Based in Hong Kong, Sylvia Lau officially… Read More>>

International property consultancy JLL has promoted a veteran member of its team to lead its valuations and advisory … Read more>>>

jordan shop

Jordan Shop Sells for 50% Off and More Hong Kong Real Estate Headlines

jordan shop

2020/04/13 by Stephanie Li Leave a Comment

Leading today’s Hong Kong real estate news, a retail unit in Kowloon’s Jordan area was sold for HK$19 million — 50 percent below the original asking price. In the residential realm, a villa at Henderson Land’s Beverly Hills project in… Read More>>

Leading today’s Hong Kong real estate news, a retail unit in Kowloon’s Jordan area was sold for HK$19 million — 50 … Read more>>>

Claire Tang, LaSalle Investment Management

LaSalle Raises $681M for First Closing of China Logistics Fund

Claire Tang, LaSalle Investment Management

2020/04/12 by Michael Cole Leave a Comment

LaSalle Investment Management has raised $681 million for a China warehouse development and management fund, as the JLL affiliate seeks to capitalise on growing demand for logistics facilities on the mainland.

The Chicago-based fund manager announced the first closing of… Read More>>

LaSalle Investment Management has raised $681 million for a China warehouse development and management fund, as the JLL … Read more>>>

Wang Yonghong Zhonghong

China Orient Asset Management Buys Unfinished Beijing Tower for RMB 3.3B on Taobao

Wang Yonghong Zhonghong

2020/04/12 by Stephanie Li Leave a Comment

A mainland property investment group which once spent $449 million to buy control of the Seaworld amusement park group from Blackstone, saw one of its prized assets sold on Taobao this past week, as China continues to sweep up the… Read More>>

A mainland property investment group which once spent $449 million to buy control of the Seaworld amusement park group … Read more>>>

Park Place Fountain Hills

HK’s Button Capital Buys US Project for $63.5M and More Asia Real Estate Headlines

Park Place Fountain Hills

2020/04/11 by Michael Cole Leave a Comment

With much of the Western world enjoying a holiday this weekend a Hong Kong private equity firm managed to acquire a multi-family asset in Arizona before the Easter break, bringing them to the top of today’s roundup of real estate… Read More>>

With much of the Western world enjoying a holiday this weekend a Hong Kong private equity firm managed to acquire a … Read more>>>

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