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Savills Leads Asia Brokerage Wins with HK$790M Hong Kong Office Deal  Mingtiandi Broker Battle

2020/03/09 by James Hatton Leave a Comment

Savills tops Mingtiandi’s deal charts for the second time running with the property consultancy reported to brokered the HK$790 million ($101 million) sale of an office redevelopment project in Hong Kong’s Cheung Sha Wan area on behalf of consumer goods… Read More>>

Savills tops Mingtiandi’s deal charts for the second time running with the property consultancy reported to brokered the … Read more>>>

Asia Real Estate People in the News 2020-03-09

2020/03/09 by James Hatton Leave a Comment

In this week’s edition of People in the News, WeWork pushes on with its senior leadership re-building by hiring a former oil industry CFO, just over a month after the financially challenged company appointed a new CEO.

In other moves… Read More>>

In this week’s edition of People in the News, WeWork pushes on with its senior leadership re-building by hiring a former … Read more>>>

Ben Keswick Hongkong Land

Hongkong Land Posts 4% Rise in Profit, Warns of Virus Hit for 2020

Ben Keswick Hongkong Land

2020/03/07 by James Hatton 1 Comment

Hongkong Land, the biggest landlord in Hong Kong’s Central district, saw its underlying profit rise to a record $1.1 billion last year, but warned this month that the coronavirus outbreak would hit the firm’s business in 2020.

The division of… Read More>>

Hongkong Land, the biggest landlord in Hong Kong’s Central district, saw its underlying profit rise to a record $1.1 … Read more>>>

Rush desai allianz

Allianz Real Estate Grew Asia Pacific Assets 83% in 2019 to €5.5B

Rush desai allianz

2020/03/07 by James Hatton Leave a Comment

Allianz Real Estate grew its Asia Pacific portfolio by 83 percent last year, as the property investment arm of the European insurance giant ramped up its assets under management in the region to €5.5 billion ($6.1 billion).

“Our success in… Read More>>

Allianz Real Estate grew its Asia Pacific portfolio by 83 percent last year, as the property investment arm of the … Read more>>>

Tencent Joins $2.4B Investment in China Property Portal and More Asia Real Estate Headlines

2020/03/07 by James Hatton Leave a Comment

A Chinese property listings portal leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that Tencent and Hillhouse joined a $2.4 billion funding round led by a $500 million commitment from Softbank.

In other stories… Read More>>

A Chinese property listings portal leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news … Read more>>>

john lim ara

ARA Asset Management Acquires Warehouse Specialist Logos

john lim ara

2020/03/05 by Michael Cole Leave a Comment

Singapore’s ARA Asset Management announced today that it has acquired a majority stake in Asia Pacific logistics real estate developer and fund manager Logos Group for an undisclosed sum.

The deal, which was revealed in a joint announcement by the… Read More>>

Singapore’s ARA Asset Management announced today that it has acquired a majority stake in Asia Pacific logistics real … Read more>>>

Hong Kong Developers Cut Condo Launches 93% as Demand Disappears

2020/03/05 by James Hatton Leave a Comment

Developers are holding off from launching new residential projects in Hong Kong amid a property slump in the Asian financial hub that has been exacerbated by the coronavirus outbreak, according to JLL.

The property consultancy said that developers added just… Read More>>

Developers are holding off from launching new residential projects in Hong Kong amid a property slump in the Asian … Read more>>>

wang jianlin

Dalian Wanda Faces $5.7B Debt Bill and More Asia Real Estate Headlines

wang jianlin

2020/03/05 by James Hatton Leave a Comment

A debt-laden mainland developer leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the company founded by billionaire Wang Jianlin needs to re-finance $5.7 billion of debt maturing this year.

In other news… Read More>>

A debt-laden mainland developer leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news … Read more>>>

Xiong Lin Ziroom

Softbank Said to Have Invested Total of $1.5B in China’s Ziroom, Beike

Xiong Lin Ziroom

2020/03/04 by James Hatton Leave a Comment

Softbank has invested $1.5 billion into a pair of Chinese property startups, as the Japanese venture capital firm takes a gamble on the mainland housing market.

In deals which closed in November last year, Softbank invested $1 billion into apartment… Read More>>

Softbank has invested $1.5 billion into a pair of Chinese property startups, as the Japanese venture capital firm takes … Read more>>>

UOL Deputy CEO Liam Wee Sin

UOL, Frasers, JBE Win Singapore Housing Sites at Discounts

UOL Deputy CEO Liam Wee Sin

2020/03/04 by James Hatton Leave a Comment

UOL Group, JBE Holdings and Frasers Property each won Singapore government residential land sales on Tuesday with bids as much as 4 percent below expectations, as the potential long-term impact of the coronavirus outbreak adds to developer concerns over the… Read More>>

UOL Group, JBE Holdings and Frasers Property each won Singapore government residential land sales on Tuesday with bids … Read more>>>

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