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lee-kok-sun GIC

GIC Buys 50% Stake in Beijing Office Building for RMB 3.03B

lee-kok-sun GIC

2019/11/09 by Jan Kot Leave a Comment

Singapore’s GIC is buying out its partner’s half-stake in a Beijing office building for around RMB 3.03 billion ($433 million), as the sovereign wealth fund bets on the capital’s emerging business district.

GIC is purchasing the 50 percent stake in… Read More>>

Singapore's GIC is buying out its partner's half-stake in a Beijing office building for around RMB 3.03 billion ($433 … Read more>>>

Nick Varney, CEO Merlin Entertainments

UK’s Merlin to Build £500M Legoland Park in Shanghai

Nick Varney, CEO Merlin Entertainments

2019/11/09 by Jan Kot Leave a Comment

Madam Tussauds owner Merlin Entertainments plans to open a Legoland resort in Shanghai to cash in on the rising family tourism market in China, according to a statement this week by the company, which is in the process of… Read More>>

Madam Tussauds owner Merlin Entertainments plans to open a Legoland resort in Shanghai to cash in on the rising family … Read more>>>

Wanda wang-jianlin

Macron Cancels $3.3B Wanda Project in France and More Asia Real Estate Headlines

Wanda wang-jianlin

2019/11/09 by Michael Cole Leave a Comment

The travails of a developer who was once Asia’s richest man lead the way in today’s list of real estate news from around the region, as the president of France announces the end of a Paris project backed by Wang… Read More>>

The travails of a developer who was once Asia’s richest man lead the way in today’s list of real estate news from around … Read more>>>

Christian-Lee WeWork

WeWork Said Looking for Exit From Half-Dozen Hong Kong Centres

Christian-Lee WeWork

2019/11/07 by James Hatton Leave a Comment

WeWork has backed out of an agreement to occupy space in Hong Kong’s Hopewell Centre even before it got a chance to move in, according to sources familiar with the decision who spoke with Mingtiandi.

The troubled co-working pioneer is… Read More>>

WeWork has backed out of an agreement to occupy space in Hong Kong’s Hopewell Centre even before it got a chance to move … Read more>>>

ARA US Hospitality Trust Buys Trio of Texas, North Carolina Hotels for $84.5M

2019/11/07 by James Hatton Leave a Comment

ARA US Hospitality Trust has agreed to acquire a 390-key trio of select-service hotels in the US for $84.5 million, just six months after the trust raised $498 million in its debut on the Singapore stock exchange.

The trust has… Read More>>

ARA US Hospitality Trust has agreed to acquire a 390-key trio of select-service hotels in the US for $84.5 million, just … Read more>>>

mingtiandi events

Get the Event You Want in 2020: Take Mingtiandi’s 2 Minute Event Survey

mingtiandi events

2019/11/07 by Michael Cole Leave a Comment

Mingtiandi’s first event of 2019 is on its way in Hong Kong later this month, and we have already received strong response with more than 60 percent of tickets sold with three weeks yet to go before the event… Read More>>

Mingtiandi’s first event of 2019 is on its way in Hong Kong later this month, and we have already received strong … Read more>>>

QingKe Completes $46M NASDAQ Listing and More Asia Real Estate Headlines

2019/11/07 by James Hatton Leave a Comment

A Morgan Stanley-backed apartment rental operator leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the loss-making company raised $46 million through a US IPO, with shares priced at the lower end… Read More>>

A Morgan Stanley-backed apartment rental operator leads the way in Mingtiandi’s roundup of Asia real estate headlines … Read more>>>

Blackstone Brings Former LimeTree Exec Aboard as China MD

2019/11/06 by James Hatton Leave a Comment

Former LimeTree Capital Partners executive Mark Cho has joined Blackstone as managing director of asset management with the alternative investment giant’s China real estate team, according to a spokesperson for the New York-based firm.

The Blackstone representative confirmed to Mingtiandi… Read More>>

Former LimeTree Capital Partners executive Mark Cho has joined Blackstone as managing director of asset management with … Read more>>>

ji qi huazhu

China’s Huazhu Hotels Buys German Hospitality Group for $802M

ji qi huazhu

2019/11/06 by Jan Kot Leave a Comment

In a sign of how life may be changing for global plutocrats, the next World Economic Forum in Davos may be held at a Chinese budget hotel. Or at least at a property owned and managed by China’s Huazhu Hotels… Read More>>

In a sign of how life may be changing for global plutocrats, the next World Economic Forum in Davos may be held at a … Read more>>>

Henry Cheng New World

New World Aims for Residential Redevelopment with HK$458M Kowloon Tong Buy

Henry Cheng New World

2019/11/06 by James Hatton Leave a Comment

New World Development has acquired a set of flats in an upscale neighbourhood of Hong Kong for a combined HK$458 million ($58 million), as the developer closes in on another potential redevelopment project.

Land Registry documents reveal that 16 flats… Read More>>

New World Development has acquired a set of flats in an upscale neighbourhood of Hong Kong for a combined HK$458 million … Read more>>>

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