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Mirae Sells Germany’s Cologne City Hall for €500M

2019/12/07 by James Hatton Leave a Comment

Korean investment manager Mirae Asset Global Investments has sold the Cologne city hall to Germany’s DIC Asset AG for €500 million ($555 million), achieving a 27 percent capital gain after holding the asset for just over three and a half… Read More>>

Korean investment manager Mirae Asset Global Investments has sold the Cologne city hall to Germany’s DIC Asset AG for … Read more>>>

Peter Lee and Martin Lee Henderson

Henderson Buys Out Aging Hong Kong Building to Acquire New Territories Site

Peter Lee and Martin Lee Henderson

2019/12/07 by Jan Kot Leave a Comment

Hong Kong’s Henderson Land Development has added another project site to its land bank in its home city by acquiring the last three units in a building in the New Territories’ Tai Po town.

The blue chip developer recently paid… Read More>>

Hong Kong's Henderson Land Development has added another project site to its land bank in its home city by acquiring the … Read more>>>

wang jianlin

Wanda to Open 17 Malls This Month on Way to 323 Plaza Portfolio

wang jianlin

2019/12/07 by Jan Kot Leave a Comment

Dalian Wanda Group has announced that it will be opening 17 Wanda Plaza shopping centers this month after China’s largest commercial real estate developer celebrated the opening of its 300th plaza in the Hubei provincial city of Xianning in late… Read More>>

Dalian Wanda Group has announced that it will be opening 17 Wanda Plaza shopping centers this month after China’s … Read more>>>

Mapletree Said Among Bidders for £4B UK Student Housing Group and More Asia Real Estate Headlines

2019/12/07 by James Hatton Leave a Comment

Student digs lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a Temasek-backed investment unit is reportedly among the potential bidders for a UK student accommodation group valued at £4 million ($5.3 million).

… Read More>>

Student digs lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a … Read more>>>

Prologis Teams with ADIA to Launch $5.2B in China Logistics Initiatives

2019/12/05 by James Hatton Leave a Comment

The world’s largest industrial real estate firm has teamed up with a unit of the Abu Dhabi Investment Authority (ADIA) to launch $5.2 billion in China logistics initiatives, according to an announcement by Prologis yesterday.

RMB 12.3 billion ($1.7 billion)… Read More>>

The world’s largest industrial real estate firm has teamed up with a unit of the Abu Dhabi Investment Authority (ADIA) … Read more>>>

GDS's William Huang

GDS Buys Beijing Data Centre for RMB 2.5B to Feed Video Streaming Frenzy

GDS's William Huang

2019/12/05 by James Hatton Leave a Comment

GDS Holdings has agreed to acquire a data centre campus in Beijing for RMB 2.5 billion ($348 million) as the company ramps up its capacity to keep up with the rising demand for cloud and digital technology across China, according… Read More>>

GDS Holdings has agreed to acquire a data centre campus in Beijing for RMB 2.5 billion ($348 million) as the company … Read more>>>

Omori Prime Building

Mapletree Sells Japan Offices to Commercial REIT for S$483M and More Asia Real Estate Headlines

Omori Prime Building

2019/12/05 by James Hatton Leave a Comment

Singapore’s Mapletree Investments leads today’s real estate news in the region as it announces a helping hand for one of its affiliated REITs, which is suffering a shaky patch in Hong Kong, by selling a pair of its Tokyo office… Read More>>

Singapore's Mapletree Investments leads today's real estate news in the region as it announces a helping hand for one of … Read more>>>

Suchad Chiaranussati SC

SC Capital Buys Sydney Office Building From Centuria for A$105M

Suchad Chiaranussati SC

2019/12/04 by James Hatton Leave a Comment

SC Capital Partners has announced that it has inked a deal to purchase a grade A office tower just outside of Sydney for A$105.3 million ($72 million), as the company doubles down on its exposure in Australia.

The Singapore-based private… Read More>>

SC Capital Partners has announced that it has inked a deal to purchase a grade A office tower just outside of Sydney for … Read more>>>

Pony Ma Tencent

Tencent Pays RMB 8.5B for Mixed-Use Site on Shenzhen’s Qianhai Bay

Pony Ma Tencent

2019/12/04 by Jan Kot Leave a Comment

The Shenzhen government has awarded tech giant Tencent an 809,124 square metre (8.7 million square foot) plot of reclaimed land to develop a “future city” focused on technology and innovation, according to an announcement by the city’s Land and Real… Read More>>

The Shenzhen government has awarded tech giant Tencent an 809,124 square metre (8.7 million square foot) plot of … Read more>>>

Zhu Mengyi Hopson Development

Hopson Agrees to Buy Stalled NYC Project From Struggling Mainland Developer for $113M 

Zhu Mengyi Hopson Development

2019/12/04 by James Hatton Leave a Comment

Mainland China developer Hopson Development Holdings is poised to make its first overseas acquisition after agreeing to buy a stalled residential project in New York for $113.5 million, according to a company announcement to the Hong Kong stock exchange.

With… Read More>>

Mainland China developer Hopson Development Holdings is poised to make its first overseas acquisition after agreeing to … Read more>>>

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