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Sayaka Matsumoto Colliers

Asia Real Estate People in the News 2020-04-27

Sayaka Matsumoto Colliers

2020/04/27 by James Hatton Leave a Comment

In this week’s edition of People in the News, China Vanke’s logistics arm has appointed a head of asset management in Shanghai, while the son of Hong Kong’s third richest man has added CEO to his set of titles at… Read More>>

In this week’s edition of People in the News, China Vanke’s logistics arm has appointed a head of asset management in … Read more>>>

Tricia Song Colliers

Leases of Singapore Office Space Contract for First Time in Three Years

Tricia Song Colliers

2020/04/26 by Michael Cole Leave a Comment

Take-up of office space in Singapore has contracted for the first time since March 2017, according to government figures released on Friday.

Absorption of office space across Southeast Asia’s wealthiest city fell by 75,347 square feet (7,000 square metres) during… Read More>>

Take-up of office space in Singapore has contracted for the first time since March 2017, according to government figures … Read more>>>

Donald Choi Chinachem

Chinachem Wins West Kowloon Site for HK$913M

Donald Choi Chinachem

2020/04/26 by Mingtiandi Team Leave a Comment

Hong Kong developer Chinachem Group has won a tender to develop a residential parcel in West Kowloon, according to an official announcement late last week.

The company led by CEO Donald Choi shouldered aside 16 other bidders to win the… Read More>>

Hong Kong developer Chinachem Group has won a tender to develop a residential parcel in West Kowloon, according to an … Read more>>>

westin st francis

Mirae Misses Payment on $5.8B Hotel Deal and More Asia Real Estate Headlines

westin st francis

2020/04/25 by Michael Cole Leave a Comment

The novel coronavirus continues to create a new reality for real estate investment around the region, as a report reveals that one of Korea’s largest asset managers has defaulted on its obligations in a $5.8 billion acquisition of a set… Read More>>

The novel coronavirus continues to create a new reality for real estate investment around the region, as a report … Read more>>>

mi chunlei thumb

Private Shanghai Developer Braves Pandemic to Pay RMB 6B for Jing An Site

mi chunlei thumb

2020/04/23 by James Hatton Leave a Comment

A little-known mainland developer has braved the economic uncertainty caused by the COVID-19 pandemic to buy a commercial site in central Shanghai’s Jing An district for RMB 6 billion ($850 million), according to a government announcement.

Lanhai Holdings Group, which… Read More>>

A little-known mainland developer has braved the economic uncertainty caused by the COVID-19 pandemic to buy a … Read more>>>

Stuart Gibson ESR

APG, CPPIB Join ESR in $1B Korea Logistics Encore JV

Stuart Gibson ESR

2020/04/23 by James Hatton Leave a Comment

ESR has set up a joint venture with longstanding investors Canada Pension Plan Investment Board (CPPIB) and Dutch pension manager APG to plough at least $1 billion into industrial real estate project in South Korea, as the Hong Kong-listed logistics… Read More>>

ESR has set up a joint venture with longstanding investors Canada Pension Plan Investment Board (CPPIB) and Dutch … Read more>>>

Sunac Wins Tianjin Housing Plot for RMB 1.2B and More Asia Real Estate Headlines

2020/04/23 by James Hatton Leave a Comment

A land sale in a masterplanned eco-city in China leads Mingtiandi’s roundup of Asia real estate headlines today as a mainland developer plunks down RMB 1.2 billion ($170 million) got a 1.2 million square foot residential parcel.

In other news… Read More>>

A land sale in a masterplanned eco-city in China leads Mingtiandi’s roundup of Asia real estate headlines today as a … Read more>>>

Equinix Jeremy Deutsch

GIC Plugs into $1B Japan Data Centre JV with Equinix

Equinix Jeremy Deutsch

2020/04/22 by James Hatton Leave a Comment

GIC has set up a joint venture worth more than $1 billion with data centre provider Equinix to develop hyperscale server facilities in Japan, just nine months after the two parties established a separate $1 billion joint venture to build… Read More>>

GIC has set up a joint venture worth more than $1 billion with data centre provider Equinix to develop hyperscale server … Read more>>>

Stuart Crow, CEO Capital Markets, Asia Pacific, JLL

APAC Real Estate Investment Drops 34% as Investors Await a Reset

Stuart Crow, CEO Capital Markets, Asia Pacific, JLL

2020/04/22 by James Hatton Leave a Comment

Commercial real estate investment in Asia Pacific collapsed in the first quarter of the year — falling 34 percent from the same period in 2019 — to record an aggregate transaction value of just $29.5 billion for the period, according… Read More>>

Commercial real estate investment in Asia Pacific collapsed in the first quarter of the year -- falling 34 percent from … Read more>>>

wework hustle

Neumann to Sue Softbank Over WeWork Share Deal and More Asia Real Estate Headlines

wework hustle

2020/04/22 by James Hatton Leave a Comment

A cancelled share sale leads Mingtiandi’s roundup of Asia real estate headlines today with the news that WeWork’s former boss is poised to sue Softbank for cutting the strings on his golden parachute.

In other news around the region, the… Read More>>

A cancelled share sale leads Mingtiandi’s roundup of Asia real estate headlines today with the news that WeWork’s former … Read more>>>

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