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Mingtiandi Report Reveals COVID-Led Rise in Proptech Adoption Sponsored Feature

2020/12/31 by Christopher Caillavet Leave a Comment

The COVID-19 pandemic has jump-started proptech use at real estate businesses, with 60 percent of survey respondents saying the crisis led them to increase or enhance tech system adoption.

That finding comes from a poll of property industry executives conducted… Read More>>

The COVID-19 pandemic has jump-started proptech use at real estate businesses, with 60 percent of survey respondents … Read more>>>

wang-wenbin foreign ministry

Chinese Govt Derails Hang Lung’s Purchase of US State Dept Site in Hong Kong

wang-wenbin foreign ministry

2020/12/30 by Michael Cole Leave a Comment

Just a few weeks after cancelling 2020’s biggest IPO, China’s central government has seized another opportunity to assert its authority in the business realm by blocking an agreement for the sale of a US consular property in Hong Kong.

In… Read More>>

Just a few weeks after cancelling 2020’s biggest IPO, China’s central government has seized another opportunity to … Read more>>>

RRJ Capital

China Logistics Properties Stake on Block for $1B and More Asia Real Estate Headlines

RRJ Capital

2020/12/30 by Pimfha Chandhapradit Leave a Comment

In our latest roundup of regional news headlines, China Logistics’ two biggest shareholders set in motion a plan to sell a 50 percent stake in the firm, a Hong Kong mixed-use property formally changes hands, and Singapore developer CDL obtains… Read More>>

In our latest roundup of regional news headlines, China Logistics’ two biggest shareholders set in motion a plan to sell … Read more>>>

Singapore’s CDL Loses Second Director Over Loss-Making Mainland Investment

2020/12/30 by Christopher Caillavet Leave a Comment

For the second time in less than three months, a board member of City Developments Ltd has stepped down over concerns about the Singaporean firm’s investment in mainland Chinese developer Sincere Property Group.

The resignation of independent non-executive director Koh… Read More>>

For the second time in less than three months, a board member of City Developments Ltd has stepped down over concerns … Read more>>>

Corinthian House at 279 Tottenham Court Road in the British capital

Hong Kong’s K&K Buys Pair of London Office Buildings for £180M

Corinthian House at 279 Tottenham Court Road in the British capital

2020/12/29 by Michael Cole Leave a Comment

The UK narrowly avoided crashing out of the EU without a trade deal last week, but London may still seem like a haven of stability to investors from places facing their own economic challenges, as Hong Kong developer K&K Property… Read More>>

The UK narrowly avoided crashing out of the EU without a trade deal last week, but London may still seem like a haven of … Read more>>>

Singapore Office Rents Set to Rise in 2H 2021

2020/12/29 by Christopher Caillavet Leave a Comment

Despite a downturn in leasing this year due to the COVID-19 pandemic, property consultancy CBRE says office rents in Singapore are likely to rise in the second half of 2021, driven by a limited supply of new Grade A space… Read More>>

Despite a downturn in leasing this year due to the COVID-19 pandemic, property consultancy CBRE says office rents in … Read more>>>

Korea’s NPS Gives $1B Mandate to US Asset Manager and More Asia Real Estate Headlines

2020/12/29 by Pimfha Chandhapradit Leave a Comment

In Mingtiandi’s latest roundup of regional news headlines, South Korea’s National Pension Service gives a second big-dollar mandate to a US fund manager, Singapore’s Chip Eng Seng is terminating its schools tie-up with a British partner, and a wealthy Indian… Read More>>

In Mingtiandi’s latest roundup of regional news headlines, South Korea’s National Pension Service gives a second … Read more>>>

Thomas NAM (1)

ESR Launches Korean REIT, Looks Forward to 2021 Data Centre Debut

Thomas NAM (1)

2020/12/28 by Michael Cole Leave a Comment

Shares began trading in Korea’s first dedicated logistics REIT on 23 December as ESR’s Korean unit finalised an initial public offering that helped the warehouse specialist and fund manager raise $650 million.

Following the Wednesday trading debut at KRW 5,000… Read More>>

Shares began trading in Korea’s first dedicated logistics REIT on 23 December as ESR’s Korean unit finalised an initial … Read more>>>

yuan yafei sanpower

Grosvenor-Shui On JV to Buy Nanjing IFC From Sanpower for $250M

yuan yafei sanpower

2020/12/28 by Christopher Caillavet Leave a Comment

Hong Kong-listed developer Shui On Land Ltd and the UK’s family held Grosvenor Group have agreed to form a 50:50 joint venture to purchase the Nanjing International Financial Center office tower for RMB 1.62 billion ($250 million), according to an… Read More>>

Hong Kong-listed developer Shui On Land Ltd and the UK’s family held Grosvenor Group have agreed to form a 50:50 joint … Read more>>>

mochtar riady comprehensive cancer centre Jakarta

SG’s First REIT Falls 35% After Default Warning and More Asia Real Estate Headlines

mochtar riady comprehensive cancer centre Jakarta

2020/12/28 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, a Singaporean REIT’s traded units suffer a punishing loss, US developer Hines agrees to sell its stake in an Indian office project, and Danke appears to have ceased operating its home rental referral… Read More>>

In today’s roundup of regional news headlines, a Singaporean REIT’s traded units suffer a punishing loss, US developer … Read more>>>

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