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H1 Hotel

Tang Shing-bor Bails on HK$328M Hotel Buy and More Hong Kong Real Estate Headlines

H1 Hotel

2020/04/18 by Stephanie Li Leave a Comment

Leading today’s Hong Kong real estate news, evidence of a downturn continues to dominate as “Shop King” Tang Shing-bor is said to have forfeited a HK$32.8 million ($4.23 million) initial payment in order to back out of Kowloon hotel purchase.

… Read More>>

Leading today’s Hong Kong real estate news, evidence of a downturn continues to dominate as “Shop King” Tang Shing-bor … Read more>>>

Luckin Coffee

Luckin Coffee Scandal Derails Backer’s $2.5B Fund and More Asia Real Estate Headlines

Luckin Coffee

2020/04/18 by James Hatton Leave a Comment

An accounting scandal leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a mainland private equity firm that is a major backer of the coffee chain accused of faking its sales has put… Read More>>

An accounting scandal leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a … Read more>>>

pua seck guan perennial

Perennial Sells Remaining Stake in Singapore Complex to Shun Tak for S$155M

pua seck guan perennial

2020/04/16 by Michael Cole Leave a Comment

Singapore’s Perennial Real Estate Holdings has broken through a virus-induced lull in the investment market to notch the Southeast Asian financial hub’s biggest property sale so far in 2020.

The SGX-listed developer announced today that it has agreed to sell… Read More>>

Singapore’s Perennial Real Estate Holdings has broken through a virus-induced lull in the investment market to notch the … Read more>>>

Shanghai Authorities Nab COLI, CR Land Execs Over Rigged Land Sale

2020/04/16 by James Hatton Leave a Comment

Shanghai authorities have detained executives at China Resources Land and China Overseas Land & Investment (COLI), after a government auction for a prime slice of residential land in Hongkou district aroused suspicion when all bids came in at the publicly… Read More>>

Shanghai authorities have detained executives at China Resources Land and China Overseas Land & Investment (COLI), … Read more>>>

christine li Cushman

Singapore Real Estate Investment Fell by 33% in Q1 2020

christine li Cushman

2020/04/16 by James Hatton Leave a Comment

Property investment collapsed in Singapore in the first three months of the year, as the COVID-19 pandemic threatened to pitch the city into its first recession in two decades.

Sales of hospitality assets disappeared completely, while office investments plunged to… Read More>>

Property investment collapsed in Singapore in the first three months of the year, as the COVID-19 pandemic threatened to … Read more>>>

100 market street sydney

Link REIT Completes A$683M Aussie Acquisition and More Asia Real Estate Headlines

100 market street sydney

2020/04/16 by James Hatton Leave a Comment

Asia’s largest real estate investment trust leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the Hong Kong-based REIT has completed its acquisition of a 10-storey office tower in Sydney from funds managed… Read More>>

Asia’s largest real estate investment trust leads the way in Mingtiandi’s roundup of Asia real estate headlines today … Read more>>>

sherman kwek CDL

CDL Strikes Deal to Acquire 51% Stake in Mainland Developer for RMB 4.39B

sherman kwek CDL

2020/04/15 by Michael Cole 1 Comment

City Developments Ltd (CDL) has found opportunity in the COVID-19 crisis to expand its real estate holdings in mainland China by acquiring a majority stake in a Chongqing-based developer for an initial investment of RMB 4.39 billion ($621 million).

The… Read More>>

City Developments Ltd (CDL) has found opportunity in the COVID-19 crisis to expand its real estate holdings in mainland … Read more>>>

Lendlease Hires Ikea Mall Veteran to Lead China Expansion

2020/04/15 by James Hatton 1 Comment

Lendlease has hired former Ikea executive Hui Ding as its new managing director for China, reporting to Asia CEO Tony Lombardo, according to an announcement by the Australian property giant.

The ASX-listed developer said that Hui, who is based in… Read More>>

Lendlease has hired former Ikea executive Hui Ding as its new managing director for China, reporting to Asia CEO Tony … Read more>>>

Chicago Intercontinental

Mirae Needs More Time to Close $5.8B Anbang Hotel Deal and More Asia Real Estate Headlines

Chicago Intercontinental

2020/04/15 by James Hatton Leave a Comment

A luxury hotel deal leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the South Korean buyer is said to have asked for some more time to complete the $5.8 billion acquisition, as financing dries up… Read More>>

A luxury hotel deal leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the South Korean buyer … Read more>>>

wang jianlin

Wanda’s AMC Facing Imminent Default as COVID-19 Empties Movie Theatres

wang jianlin

2020/04/14 by James Hatton Leave a Comment

American movie theatre chain AMC Entertainment Holdings Inc is said to be close to bankruptcy, eight years after Chinese conglomerate Dalian Wanda bought the Kansas-based company for $2.6 billion.

Shares in the NYSE-listed firm closed down 20 percent to $2.08… Read More>>

American movie theatre chain AMC Entertainment Holdings Inc is said to be close to bankruptcy, eight years after Chinese … Read more>>>

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