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Vanke Sues US Partner Over Struggling NYC Project and More Asia Real Estate Headlines

2020/11/25 by Shiunne Bulsombut Leave a Comment

In Mingtiandi’s latest roundup of regional news headlines, a legal dispute between Chinese developer Vanke and its New York-based partner heats up, JD.com’s logistics arm reportedly mulls an IPO targeting a $40 billion valuation, and the Delhi High Court… Read More>>

In Mingtiandi’s latest roundup of regional news headlines, a legal dispute between Chinese developer Vanke and its New … Read more>>>

Chong Youn Chou cdl

Singapore’s CDL Appoints Hospitality Veteran, Aberdeen Alum to Board

Chong Youn Chou cdl

2020/11/24 by Christopher Caillavet Leave a Comment

Fresh off its announcement last week of a plan to streamline its loss-making hotel division, City Developments Ltd has named two new directors to the CDL board, including an old Asia hand with nearly five decades of hospitality experience.

The… Read More>>

Fresh off its announcement last week of a plan to streamline its loss-making hotel division, City Developments Ltd has … Read more>>>

Ex-Goldman Banker Says Warned Bosses on Jho Low and More Asia Real Estate Headlines

2020/11/24 by Pimfha Chandhapradit Leave a Comment

In this edition of Mingtiandi’s regional roundup, a former Goldman Sachs banker says he warned against doing business with Malaysian financier Jho Low, private equity giant Blackstone emerges as a possible bidder for an Aussie casino empire, and Singapore’s SPH… Read More>>

In this edition of Mingtiandi’s regional roundup, a former Goldman Sachs banker says he warned against doing business … Read more>>>

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>>>

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