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ARA-QuadReal JV Confirms First Aussie Office Acquisition

2020/02/24 by James Hatton Leave a Comment

ARA Asset Management together with the property arm of British Columbia Investment Management today announced their acquisition of a Melbourne office development valued at A$330 million ($218 million), confirming a Mingtiandi report from earlier this month.

In a joint statement,… Read More>>

ARA Asset Management together with the property arm of British Columbia Investment Management today announced their … Read more>>>

LG Twin Towers, Beijing

Savills Leads Brokerage Wins with $1.2B LG Towers Sale in Beijing Mingtiandi Broker Battle

LG Twin Towers, Beijing

2020/02/24 by James Hatton Leave a Comment

Despite the market continuing to be quiet across Greater China, Savills’ reported brokering of the RMB 8 Billion ($1.1 billion) sale of LG Group’s Beijing HQ tops Asia’s deal charts this week, with the deal ranking as the biggest transaction… Read More>>

Despite the market continuing to be quiet across Greater China, Savills’ reported brokering of the RMB 8 Billion ($1.1 … Read more>>>

Korea’s KB Asset, NH Investment Buy Dallas Complex for Reported $370M 

2020/02/24 by James Hatton Leave a Comment

A fund managed by Seoul-based KB Asset Management has purchased a landmark development in Dallas, Texas, reportedly teaming up with its compatriots at NH Investment & Securities to lasso the commercial complex for $370 million.

The asset management arm of… Read More>>

A fund managed by Seoul-based KB Asset Management has purchased a landmark development in Dallas, Texas, reportedly … Read more>>>

patsy li tec 2

Asia Real Estate People in the News 2020-02-24 

patsy li tec 2

2020/02/24 by James Hatton Leave a Comment

In this week’s edition of People in the News, WeWork continues its senior leadership re-building by bringing on board a former Ernst & Young principal as chief operating officer, while the global community director at Hong Kong’s The Executive Centre… Read More>>

In this week’s edition of People in the News, WeWork continues its senior leadership re-building by bringing on board a … Read more>>>

Phile Pearce ESR

ESR, Goldman Sachs Seeking Buyer for A$275M Brisbane Building

Phile Pearce ESR

2020/02/23 by James Hatton Leave a Comment

ESR Australia has put Brisbane’s State Law Building on the market with the sale expected to fetch upwards of A$275 million ($184 million), as the logistics specialist continues to offload non-core assets down under.

The Warburg Pincus-backed company, which has… Read More>>

ESR Australia has put Brisbane’s State Law Building on the market with the sale expected to fetch upwards of A$275 … Read more>>>

Chen Feng HNA

Hainan Government Said Taking Over HNA as Virus Dents Cashflow

Chen Feng HNA

2020/02/23 by James Hatton Leave a Comment

The Hainan government is said to be planning to take over HNA Group and sell off its airline assets, as the indebted conglomerate’s ongoing struggles to meet its financial obligations reach a crisis point.

The provincial government has been forced… Read More>>

The Hainan government is said to be planning to take over HNA Group and sell off its airline assets, as the indebted … Read more>>>

peng xinkuang sre group

SRE Group Directors Charged with Embezzlement and More Asia Real Estate Headlines   

peng xinkuang sre group

2020/02/23 by James Hatton Leave a Comment

Embezzlement leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the chairman of SRE Group, who was detained in January, has now been formally charged with embezzlement, along with an executive director of… Read More>>

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

Ben Keswick Hongkong Land

Hongkong Land Pays Record RMB 31B for Site in Shanghai’s Xuhui District

Ben Keswick Hongkong Land

2020/02/21 by Michael Cole 1 Comment

In the midst of one China’s most acute economic setbacks in the last two decades, the biggest landlord in Hong Kong’s Central district has agreed to pay a record RMB 31.05 billion ($4.48 billion) for a development site in Shanghai’s… Read More>>

In the midst of one China’s most acute economic setbacks in the last two decades, the biggest landlord in Hong Kong’s … Read more>>>

hong kong housing

HK Housing Rents Sink to Lowest in 23 Months and More Asia Real Estate Headlines

hong kong housing

2020/02/20 by James Hatton Leave a Comment

Hong Kong housing leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that apartment rents in the Asia financial hub are at their lowest level since March 2018.

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

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

the squaire frankfurt

South Korea Led Asia’s Outbound Investors in 2019 with $17B in Deals

the squaire frankfurt

2020/02/20 by James Hatton Leave a Comment

South Korean buyers spent $17 billion on real estate outside of their home region during 2019, making the country Asia Pacific’s biggest cross-border property investor last year, according to data provider Real Capital Analytics.

Driven by office investments in Paris,… Read More>>

South Korean buyers spent $17 billion on real estate outside of their home region during 2019, making the country Asia … Read more>>>

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