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Prestige Falcon Towers Bangalore

Blackstone Said in Talks to Buy $1.5B in India Assets and More Asia Real Estate Headlines

Prestige Falcon Towers Bangalore

2020/08/11 by Michael Cole Leave a Comment

Indian appeal leads Asia’s real estate headlines today as the recent success of the Mindspace office park REIT appears to be sparking more private equity investment on the subcontinent.

A report in the Times of India sees Blackstone in discussions… Read More>>

Indian appeal leads Asia’s real estate headlines today as the recent success of the Mindspace office park REIT appears … Read more>>>

Robinson Point in Singapore

Singapore Office Building Selling for S$500M, 34% Over Valuation

Robinson Point in Singapore

2020/08/10 by Jonathan Burgos Leave a Comment

Tuan Sing Holdings has agreed to sell the Robinson Point office building near Singapore’s Raffles Place central business district for S$500 million ($364.2 million), or 34 percent over the property’s book value, notching an above market deal after real estate… Read More>>

Tuan Sing Holdings has agreed to sell the Robinson Point office building near Singapore’s Raffles Place central business … Read more>>>

Hong Kong's 'Shoe King' Mr Frank Leung

Building on Hong Kong’s Nathan Road Retail Strip Sells at 50% Off

Hong Kong's 'Shoe King' Mr Frank Leung

2020/08/10 by Diana Li Leave a Comment

A 16-storey building on Kowloon’s bustling Nathan Road commercial strip sold this past week at a 50 percent discount as Hong Kong’s property market continues to slide.

According to local media citing Land Registry records, the Tung Cheong Commercial Building… Read More>>

A 16-storey building on Kowloon’s bustling Nathan Road commercial strip sold this past week at a 50 percent discount as … Read more>>>

china mobile

China Mobile Outbid Local Tycoons by 56% for Hong Kong Data Centre Site

china mobile

2020/08/10 by Diana Li Leave a Comment

When China Mobile snapped up a New Territories industrial site for HK$5.6 billion ($464 million) at a government auction last month, the mainland telecom giant outbid its closest competitor by nearly 56 percent, according to an announcement by the Lands… Read More>>

When China Mobile snapped up a New Territories industrial site for HK$5.6 billion ($464 million) at a government auction … Read more>>>

Proptech forum

Join the Top Real Estate Execs Responding to Mingtiandi’s Proptech Survey

Proptech forum

2020/08/10 by Mingtiandi Team Leave a Comment

Mingtiandi launched its proptech survey last week and has already received responses from top executives managing billions of dollars in real estate across the region.

To date, more than 80 responses to the survey have been received with over 75… Read More>>

Mingtiandi launched its proptech survey last week and has already received responses from top executives managing … Read more>>>

han xiaosheng oceanwide

Asia Real Estate People in the News 2020-08-10

han xiaosheng oceanwide

2020/08/10 by Michael Cole Leave a Comment

In this week’s collection of leadership changes at Asia’s real estate developers, investors and other property professionals, a cash-strapped mainland builder has let go its CEO as it struggles to sell off stalled US projects.

Also in… Read More>>

In this week’s collection of leadership changes at Asia’s real estate developers, investors and other property … Read more>>>

china resources fu yuning

China Resources-Led Group Buying Hong Kong Supermarket Chain for $300M

china resources fu yuning

2020/08/08 by Jonathan Burgos Leave a Comment

China Resources Capital Management, the alternative investments arm of China’s state-owned conglomerate China Resources Holdings, said Thursday it and partner Asia Food Growth Fund have signed an agreement to buy a 65 percent stake in Hong Kong-based high-end supermarket chain… Read More>>

China Resources Capital Management, the alternative investments arm of China’s state-owned conglomerate China Resources … Read more>>>

Duncan Pescod West Kowloon

West Kowloon Land Sale Derailed by Hong Kong’s Corona Crisis

Duncan Pescod West Kowloon

2020/08/08 by Elizabeth Utley Leave a Comment

Hong Kong’s COVID-19 crisis has claimed its latest real estate victim — with the impact of the coronavirus on the city’s retail and hotel markets seeming to be the culprit in the death of a land sale in Kowloon.

The… Read More>>

Hong Kong’s COVID-19 crisis has claimed its latest real estate victim -- with the impact of the coronavirus on the … Read more>>>

Abhijit Malkani ESR India

ESR Buys Chennai Industrial Site for INR 3.32B Project

Abhijit Malkani ESR India

2020/08/08 by Jonathan Burgos Leave a Comment

ESR, which has $22 billion of assets under management across the Asia Pacific, is expanding its India operation with the acquisition of an industrial site in Chennai, one of the fastest-growing technology hubs in the country.

The Hong Kong-based logistics… Read More>>

ESR, which has $22 billion of assets under management across the Asia Pacific, is expanding its India operation with the … Read more>>>

capitalgreen 2020-08-07

CapitaLand Profit Dropped 89% in 2020 1H and More Asia Real Estate Headlines

capitalgreen 2020-08-07

2020/08/07 by Michael Cole Leave a Comment

Plunging profits lead the real estate headlines this month as Asia Pacific’s real estate developers total up the damage wrought by the coronavirus during the first half of 2020.

Southeast Asia’s largest builder, CapitaLand saw its profits… Read More>>

Plunging profits lead the real estate headlines this month as Asia Pacific’s real estate developers total up the damage … Read more>>>

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