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Fosun Said Nearing $1.1B Refinance of NYC Trophy Tower

2019/08/29 by Mingtiandi Team Leave a Comment

At a time when many Chinese investors are retreating from the US real estate market, leaving a trail of troubled projects and financial losses in their wake, Fosun International is poised to notch a significant win in lower Manhattan.

The… Read More>>

At a time when many Chinese investors are retreating from the US real estate market, leaving a trail of troubled … Read more>>>

Greg Lapham Resigns as BlackRock Head of APAC Real Estate Investment

2019/08/28 by James Hatton Leave a Comment

Asset management giant BlackRock has confirmed that the firm’s head of investments for Asia Pacific real estate, Greg Lapham, is stepping down from his role.

John Saunders, Head of BlackRock Asia Pacific Real Estate, said that Lapham had decided to… Read More>>

Asset management giant BlackRock has confirmed that the firm’s head of investments for Asia Pacific real estate, Greg … Read more>>>

Franky Oesman Widjaja

Indonesia’s Sinar Mas Group Approved to Issue RMB 22.9B in CMBS

Franky Oesman Widjaja

2019/08/28 by Michael Cole Leave a Comment

A unit of Indonesia’s Sinar Mas Group won approval this month to issue China’s largest ever commercial mortgage-backed security (CMBS) based on a single real estate asset, according to a recent announcement by the Shanghai Stock Exchange.

Sinar Mas’ mainland… Read More>>

A unit of Indonesia’s Sinar Mas Group won approval this month to issue China’s largest ever commercial mortgage-backed … Read more>>>

Yi Gang PBOC

China’s PBOC Sets Minimum Mortgage Rates in Latest Bid to Control Housing Prices

Yi Gang PBOC

2019/08/28 by Jan Kot Leave a Comment

The People’s Bank of China has unveiled a new minimum interest rate system for home loans according to an announcement on the central bank’s official WeChat social media account, as the mainland government continues to clamp down on the housing… Read More>>

The People's Bank of China has unveiled a new minimum interest rate system for home loans according to an announcement … Read more>>>

Duo Tower Singapore

HK Investors Put $1.4B into SG Property in 2019 1H and More Asia Real Estate Headlines

Duo Tower Singapore

2019/08/28 by Michael Cole Leave a Comment

While Hong Kong’s young people have been voicing their concerns over the city’s future on the streets, real estate investors from the Asian financial hub have been displaying their opinions more privately, as a new study shows an upswing in… Read More>>

While Hong Kong's young people have been voicing their concerns over the city's future on the streets, real estate … Read more>>>

Samuel WT Chu and Benjamin KY Lee

Phoenix Property Said to Delay Fund Closing to Boost Cap to Over $1B

Samuel WT Chu and Benjamin KY Lee

2019/08/28 by James Hatton Leave a Comment

Phoenix Property Investors is said to have postponed the final closing of its latest opportunistic real estate fund to allow time to lock in more capital, after already hitting its $900 million target.

Sources cited by PERE said that a… Read More>>

Phoenix Property Investors is said to have postponed the final closing of its latest opportunistic real estate fund to … Read more>>>

Former Savills IM, MSREI Exec Pearce Sets Up Japan-Focused Advisory Firm

2019/08/28 by James Hatton 1 Comment

Savills Investment Management’s former head of asset management for Asia, Craig Pearce, has established a real estate investment consultancy firm, Nikota Capital.

Pearce is targeting Japan with his new advisory platform, primarily concentrating on assisting professional investors source, structure and… Read More>>

Savills Investment Management's former head of asset management for Asia, Craig Pearce, has established a real estate … Read more>>>

Chicago Intercontinental

Mirae Named Preferred Buyer for $5.5B Anbang Portfolio and More Asia Real Estate Headlines

Chicago Intercontinental

2019/08/28 by James Hatton Leave a Comment

The latest chapter in the saga of a US hotel portfolio belonging to a naughty mainland insurer leads Mingtiandi’s roundup of real estate headlines today with the news that a South Korean financial services group has been named the… Read More>>

The latest chapter in the saga of a US hotel portfolio belonging to a naughty mainland insurer leads Mingtiandi’s … Read more>>>

weijian shan PAG

PAG Said to Sign MOU to Buy Grand Hyatt Seoul for KRW 500B

weijian shan PAG

2019/08/26 by James Hatton Leave a Comment

PAG has signed a memorandum of understanding with Hyatt Hotels Corporation to acquire the Grand Hyatt Seoul for approximately KRW 500 billion ($410 million), according to market sources cited in the Korea Economic Daily.

The investment management firm led by… Read More>>

PAG has signed a memorandum of understanding with Hyatt Hotels Corporation to acquire the Grand Hyatt Seoul for … Read more>>>

CBRE Notches HK$916M Tai Tam Mansions Sale and More Agency Wins  Mingtiandi Broker Battle

2019/08/26 by James Hatton Leave a Comment

While things have grown quieter in Hong Kong’s normally buzzing real estate market, CBRE scored a win with the combined HK$916 million ($117 million) sale of two luxury houses overlooking Tai Tam Bay, one of which sold for over $HK100,000… Read More>>

While things have grown quieter in Hong Kong’s normally buzzing real estate market, CBRE scored a win with the combined … Read more>>>

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