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Hongkong skyline

Hong Kong Still Asia’s Most Expensive City as Office Rents Top Tokyo by 56%

Hongkong skyline

2020/08/12 by Mingtiandi Team Leave a Comment

Hong Kong retains its crown as Asia’s most expensive commercial real estate market even after the Covid-19 pandemic saw the city record the region’s steepest decline in prime rents over the first six months of the year, London-based real estate… Read More>>

Hong Kong retains its crown as Asia’s most expensive commercial real estate market even after the Covid-19 pandemic saw … Read more>>>

seazen Holdings project

Seazen Holdings Scandal Spawns Insider Trading and More Asia Real Estate Headlines

seazen Holdings project

2020/08/12 by Michael Cole Leave a Comment

The arrest last year of the chairman of one of China’s largest developers has led to further damage this week after one of the fallen bosses buddies was penalised for insider trading after learning that his friend was headed for… Read More>>

The arrest last year of the chairman of one of China’s largest developers has led to further damage this week after one … Read more>>>

Koh Wee Lih, CEO of AIMS APAC REIT

AIMS APAC REIT to Buy Warehouse in Singapore’s Jurong for S$129.6M

Koh Wee Lih, CEO of AIMS APAC REIT

2020/08/11 by Jonathan Burgos Leave a Comment

SGX-listed AIMS APAC REIT (AA REIT) has agreed to buy a four-storey warehouse in western Singapore’s Jurong district for S$129.6 million ($94.4 million), notching the city’s biggest industrial deal thus far in 2020 as investors compete for logistics investment opportunities.

… Read More>>

SGX-listed AIMS APAC REIT (AA REIT) has agreed to buy a four-storey warehouse in western Singapore’s Jurong district for … Read more>>>

David Faulkner ULI

David Faulkner Tapped to Lead ULI’s APAC Operations

David Faulkner ULI

2020/08/11 by Elizabeth Utley Leave a Comment

The Urban Land Institute (ULI) appointed David Faulkner as president for the Asia Pacific region with immediate effect, the real estate industry organisation announced on 6 August.

Faulkner joins ULI after a short break following a 16 year career with… Read More>>

The Urban Land Institute (ULI) appointed David Faulkner as president for the Asia Pacific region with immediate effect, … Read more>>>

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>>>

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