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Tencent Exec Buys Repulse Bay Pad at 18% Off and More Hong Kong Real Estate Headlines

2020/05/10 by Stephanie Li Leave a Comment

Leading today’s Hong Kong real estate news, properties in the Asian financial hub continue to be sold at knockdown prices, with the chief strategy officer of tech giant Tencent buying a Repulse Bay luxury home at an 18 percent discount,… Read More>>

Leading today’s Hong Kong real estate news, properties in the Asian financial hub continue to be sold at knockdown … Read more>>>

IHG Pins Hopes on China as Revenue Plunges 80% and More Asia Real Estate Headlines

2020/05/10 by James Hatton Leave a Comment

The owner of the Holiday Inn brand leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the London-listed hotel group is pinning its hopes on China’s recovery as the hospitality industry faces the… Read More>>

The owner of the Holiday Inn brand leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the … Read more>>>

IFC Hong Kong

Hony Capital Said to Lease Office in Hong Kong’s IFC at 35% Off 2017 Rates

IFC Hong Kong

2020/05/07 by James Hatton Leave a Comment

Mainland private equity investor Hony Capital has leased out an upper level unit in Hong Kong’s Two International Finance Centre for HK$130 ($17) per square foot per month – a 35 percent discount on what an equivalent space in the… Read More>>

Mainland private equity investor Hony Capital has leased out an upper level unit in Hong Kong’s Two International … Read more>>>

Hong Kong, Causeway Bay, Times Square

Hong Kong Landlords Squeezed as Retail Sales Fall for 14th Month

Hong Kong, Causeway Bay, Times Square

2020/05/07 by Stephanie Li Leave a Comment

Statistics released this week show that consumer spending in Hong Kong fell for the fourteenth consecutive month during March, and the slide in shopping is already squeezing some of the city’s largest landlords.

Link REIT, Wheelock Properties and other owners… Read More>>

Statistics released this week show that consumer spending in Hong Kong fell for the fourteenth consecutive month during … Read more>>>

Korea’s NPS Links Up with SL Green, Hines and KPF on $2.3B NYC Project

2020/05/07 by James Hatton Leave a Comment

Korea’s National Pension Service and US developer Hines have teamed up to buy a 49.5 percent stake in a $2.3 billion New York redevelopment that lead architects Kohn Pederson Fox are billing as one of the jewels of 21st century… Read More>>

Korea’s National Pension Service and US developer Hines have teamed up to buy a 49.5 percent stake in a $2.3 billion New … Read more>>>

Shanghai Disney Reopens as China Unlocks and More Asia Real Estate Headlines

2020/05/07 by James Hatton Leave a Comment

A US entertainment conglomerate leads Mingtiandi’s roundup of Asia real estate headlines today with the news that the Mickey Mouse outfit is about to reopen its Shanghai theme park after $1.4 billion was wiped off the company’s profits in the… Read More>>

A US entertainment conglomerate leads Mingtiandi’s roundup of Asia real estate headlines today with the news that the … Read more>>>

jack ma Alibaba

Alibaba Buys 50% of SG’s S$1.7B AXA Tower From Perennial Consortium

jack ma Alibaba

2020/05/06 by James Hatton Leave a Comment

Alibaba has agreed to acquire a 50 percent stake in Singapore’s AXA Tower in a deal that values the landmark office property at S$1.68 billion ($1.2 billion) in one of the few major transactions the city has seen this year.

… Read More>>

Alibaba has agreed to acquire a 50 percent stake in Singapore’s AXA Tower in a deal that values the landmark office … Read more>>>

sun dongping New Ease

JP Morgan Signs Up for $600M China Logistics JV with New Ease

sun dongping New Ease

2020/05/06 by James Hatton Leave a Comment

Shanghai-based industrial developer New Ease has set up a joint venture with JP Morgan Asset Management to invest in logistics facilities across China, marking the latest in more than $4 billion in China warehouse deals announced over the past five… Read More>>

Shanghai-based industrial developer New Ease has set up a joint venture with JP Morgan Asset Management to invest in … Read more>>>

wework hong kong

Neumann Accuses Softbank of Abuse of Power and More Asia Real Estate Headlines

wework hong kong

2020/05/06 by James Hatton Leave a Comment

A messy breakup leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the co-founder and former CEO of coworking giant WeWork has accused Softbank of abuse of power.

In other news around the… Read More>>

A messy breakup leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the … Read more>>>

Pan Shiyi Soho

Blackstone Said to Pull Back HK$31B Soho China Buyout Offer

Pan Shiyi Soho

2020/05/05 by James Hatton Leave a Comment

Blackstone is said to have ended discussions over a potential HK$31 billion buyout of mainland commercial developer Soho China due to current market conditions undermining the feasibility of the deal.

The US fund management giant has pulled back its offer… Read More>>

Blackstone is said to have ended discussions over a potential HK$31 billion buyout of mainland commercial developer Soho … Read more>>>

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