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Sun Hung Kai Properties chairman Raymond Kwok

SHK Hotel Business Takes a Beating and More Asia Real Estate Headlines

Sun Hung Kai Properties chairman Raymond Kwok

2020/03/01 by James Hatton Leave a Comment

Hong Kong’s biggest developer by value leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the company’s hotels business took a pounding in the second half of last year, with the group’s chairman… Read More>>

Hong Kong’s biggest developer by value leads the way in Mingtiandi’s roundup of Asia real estate headlines today with … Read more>>>

Adrian Cheng New World

New World Sells Stakes in Hong Kong Malls to MTR for HK$3B

Adrian Cheng New World

2020/02/27 by James Hatton Leave a Comment

New World Development has sold its ownership interest in a pair of mid-market Hong Kong community malls to MTR Corporation for HK$3 billion ($380 million), according to a company announcement.

The developer said that it was disposing of its 50… Read More>>

New World Development has sold its ownership interest in a pair of mid-market Hong Kong community malls to MTR … Read more>>>

lee chee koon

CapitaLand Freezes Wages as Retail Sales Plunge

lee chee koon

2020/02/27 by James Hatton Leave a Comment

CapitaLand is freezing wages company-wide as one of a series of measures to counter the impact of the coronavirus outbreak on its business, according to a company announcement.

The Singapore-based real estate group said that the wage freeze, which applies… Read More>>

CapitaLand is freezing wages company-wide as one of a series of measures to counter the impact of the coronavirus … Read more>>>

Logos property Fengxian

ARA, Logos Deal Gets Green Light and More Asia Real Estate Headlines

Logos property Fengxian

2020/02/27 by James Hatton Leave a Comment

Logistics leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Singapore’s competition watchdog has given the go-ahead for the proposed merger of ARA Asset Management’s logistics business into the operations of a leading… Read More>>

Logistics leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Singapore’s … Read more>>>

Ng Yat Chung SPH

SPH Buying Canadian Senior Living Properties for C$233M

Ng Yat Chung SPH

2020/02/26 by Michael Cole Leave a Comment

Singapore Press Holdings has made its second overseas investment in senior living facilities this week as the media and property conglomerate announced today that it has agreed to pay C$232.9 million ($176.6 million) to acquire a set of Canadian properties.

… Read More>>

Singapore Press Holdings has made its second overseas investment in senior living facilities this week as the media and … Read more>>>

Jason Leow CapitaLand

CapitaLand Adds £129M UK Biz Park to European Portfolio

Jason Leow CapitaLand

2020/02/26 by James Hatton Leave a Comment

CapitaLand has agreed to acquire a business park in the UK for £129 million ($168 million), as Southeast Asia’s largest real estate group boosts its portfolio in post-Brexit Britain.

The Singapore property giant said that its acquisition of the Arlington… Read More>>

CapitaLand has agreed to acquire a business park in the UK for £129 million ($168 million), as Southeast Asia’s largest … Read more>>>

hong kong housing

HK Property Crisis Looms as Homeowners Face Negative Equity and More Asia Real Estate Headlines

hong kong housing

2020/02/26 by James Hatton Leave a Comment

Hong Kong leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that falling prices are driving homeowners into negative equity, spelling more trouble ahead for the property market.

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

Hong Kong leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that falling prices … Read more>>>

Stephen Schwarzman Blackstone

Blackstone Tops Lone Star Offer with JPY 250B Bid for Japanese Hotel Firm

Stephen Schwarzman Blackstone

2020/02/25 by James Hatton Leave a Comment

Blackstone has improved its bid for a Japanese hotelier and property developer to JPY 205 billion ($1.85 billion), as the US private equity giant tops an existing offer by rival Lone Star Funds that values the company at JPY 195… Read More>>

Blackstone has improved its bid for a Japanese hotelier and property developer to JPY 205 billion ($1.85 billion), as … Read more>>>

JLL Alex Barnes

Virus Drives Office Vacancy in HK’s Central District to Highest Level Since 2014

JLL Alex Barnes

2020/02/25 by James Hatton Leave a Comment

Adding illness to injury, the coronavirus outbreak has brought vacancy in the world’s most expensive office location to its highest level in over five years, according to a report this week from JLL.

The property consultancy said that vacancy rates… Read More>>

Adding illness to injury, the coronavirus outbreak has brought vacancy in the world’s most expensive office location to … Read more>>>

adam neumann

Ex-WeWorker was Paid $2M to Hush Up Sex and Drug Claims and More Asia Real Estate Headlines

adam neumann

2020/02/25 by James Hatton Leave a Comment

Allegations of hedonism and sexual assault lead the way in Mingtiandi’s roundup of Asia real estate headlines today as a former employee of WeWork is said to have been paid $2 million to stay quiet about the drug and sex… Read More>>

Allegations of hedonism and sexual assault lead the way in Mingtiandi’s roundup of Asia real estate headlines today as a … Read more>>>

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