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GDS's William Huang

GIC Aims for the Cloud in China Data Centre Tie-Up with GDS   

GDS's William Huang

2019/08/14 by James Hatton Leave a Comment

GDS Holdings has entered into an agreement with GIC to build and operate hyperscale data centres in China, including in markets beyond the country’s first tier cities, according to a statement by the Shanghai-headquartered company.

Initially, the Singaporean sovereign wealth… Read More>>

GDS Holdings has entered into an agreement with GIC to build and operate hyperscale data centres in China, including in … Read more>>>

Henry Cheng New World

Owners of HK’s New World Rethink £8.4B London Scheme as Brexit Looms

Henry Cheng New World

2019/08/14 by James Hatton Leave a Comment

A UK non-profit organisation has announced that the £1 billion ($1.2 billion) centrepiece of a scheme to regenerate London’s Greenwich Peninsula has been dropped by the Hong Kong-based company set up seven years ago by billionaire property tycoon Henry Cheng… Read More>>

A UK non-profit organisation has announced that the £1 billion ($1.2 billion) centrepiece of a scheme to regenerate … Read more>>>

Li Ka-shing

Li Ka-Shing’s CK Asset Delays $1.5B HK Sales Launch and More Asia Real Estate Headlines 

Li Ka-shing

2019/08/14 by James Hatton

A luxury development leads the way in Mingtiandi’s roundup of real estate headlines today with the news that a developer founded by tycoon Li Ka-shing has postponed planned sales launch at a luxury condominium project in Hong Kong worth a… Read More>>

A luxury development leads the way in Mingtiandi’s roundup of real estate headlines today with the news that a developer … Read more>>>

Rushabh Desai

Allianz, APG Invest $150M Each in Godrej India Office Development Platform 

Rushabh Desai

2019/08/13 by James Hatton Leave a Comment

The property investment arm of Allianz Insurance has committed $150 million to an office development platform in India set up by conglomerate Godrej Group, according to an announcement by the European insurer.

The joint venture, which is to be managed… Read More>>

The property investment arm of Allianz Insurance has committed $150 million to an office development platform in India … Read more>>>

Hana Financial Teams Up to Buy Vienna Hilton for €370M

2019/08/13 by James Hatton Leave a Comment

Munich-based Wealthcore Investment Management has joined forces with a consortium of Korean investors including Hana Financial Investment to acquire the Hilton Parkview hotel in Vienna for €370 million ($414 million), according to an announcement by the German firm.

Wealthcore and… Read More>>

Munich-based Wealthcore Investment Management has joined forces with a consortium of Korean investors including Hana … Read more>>>

David Chiu Far East Consortium

Far East Consortium Pays HK$2.45B to Win Kai Tak Site at 9% Discount

David Chiu Far East Consortium

2019/08/13 by Jan Kot Leave a Comment

Hong Kong’s Lands Department announced on August 12 that Far East Consortium International won a tender for the smallest plot of commercial land at Hong Kong’s former Kai Tak airport at a price of HK$2.45 billion ($312 million).

The local… Read More>>

Hong Kong’s Lands Department announced on August 12 that Far East Consortium International won a tender for the smallest … Read more>>>

Chicago Intercontinental

Mirae Closes in on $5.5B Anbang Luxury Hotel Portfolio and More Asia Real Estate Headlines 

Chicago Intercontinental

2019/08/13 by James Hatton Leave a Comment

Trophy assets lead the way in Mingtiandi’s roundup of real estate headlines today with the news that a South Korean group now leads the pursuit of a troubled insurer’s luxury hotel portfolio, with the offer said to be in the… Read More>>

Trophy assets lead the way in Mingtiandi’s roundup of real estate headlines today with the news that a South Korean … Read more>>>

Evergrande Profit Falls 49% in 2019 1H as Car Unit Loses RMB 2B

2019/08/12 by James Hatton Leave a Comment

China’s third-largest developer by sales, China Evergrande Group, has warned shareholders of falling profits for the first half of the year, according to an alert filed with the Hong Kong stock exchange last Friday.

The Shenzhen-based real estate giant told… Read More>>

China’s third-largest developer by sales, China Evergrande Group, has warned shareholders of falling profits for the … Read more>>>

Asia Real Estate People in the News 2019-08-12

2019/08/12 by James Hatton Leave a Comment

In this week’s edition of People in the News, a Softbank-backed budget hotel chain has made a double leadership appointment, naming a new chief operating officer for India and South Asia as well as a chief executive officer for Southeast… Read More>>

In this week’s edition of People in the News, a Softbank-backed budget hotel chain has made a double leadership … Read more>>>

Guo Shuqing, chairman of CBIRC

China Banking Regulator Launches Crackdown on Property Lending in 32 Cities

Guo Shuqing, chairman of CBIRC

2019/08/12 by Jan Kot Leave a Comment

Sales for China’s top 100 developers fell 29 percent for the first seven months of 2019, as the government has continued a year-long clampdown on the housing market, and that trend could be set to continue, as the country’s top… Read More>>

Sales for China’s top 100 developers fell 29 percent for the first seven months of 2019, as the government has continued … Read more>>>

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