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China housing

China Home Sales Plunge 90% in Early Feb and More Asia Real Estate Headlines

China housing

2020/02/11 by James Hatton Leave a Comment

Mainland China’s beleaguered housing market leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the market braces for worse to come after home sales plunged 90 percent in the first week of February compared with the… Read More>>

Mainland China's beleaguered housing market leads the way in Mingtiandi’s roundup of Asia real estate headlines today as … Read more>>>

Link Asset Management CEO George Hongchoy

Link REIT Negotiating Stake in UK Retail Landlord Seeking £1B Rescue

Link Asset Management CEO George Hongchoy

2020/02/10 by James Hatton Leave a Comment

The manager of Hong Kong’s Link REIT is in talks with Intu Properties to buy equity in the UK shopping centre landlord, according to an announcement by the London-listed company, as the manager of the real estate investment trust conducts… Read More>>

The manager of Hong Kong’s Link REIT is in talks with Intu Properties to buy equity in the UK shopping centre landlord, … Read more>>>

low chee wah frasers

Frasers Buys Manager of Singapore Mall Properties From PGIM

low chee wah frasers

2020/02/10 by Michael Cole Leave a Comment

Frasers Property announced today that it has agreed to buy the property manager of a Singapore commercial real estate portfolio, picking up the company from PGIM for an undisclosed amount.

The sale of AsiaMalls Management Pte Ltd by the real… Read More>>

Frasers Property announced today that it has agreed to buy the property manager of a Singapore commercial real estate … Read more>>>

JLL Leads Asia Brokerage Wins with A$300M ARA Aussie Deal  Mingtiandi Broker Battle

2020/02/10 by James Hatton Leave a Comment

JLL tops the deal charts this week after its team reportedly brokered the sale of an A$300 million ($201 million) Melbourne office development to a fund managed by ARA Asset Management.

Meanwhile in Korea, Savills is closing in on the… Read More>>

JLL tops the deal charts this week after its team reportedly brokered the sale of an A$300 million ($201 million) … Read more>>>

Asia Real Estate People in the News 2020-02-10 

2020/02/10 by James Hatton Leave a Comment

In this week’s edition of People in the News, the CEO of a Mumbai-based conglomerate’s real estate business has stepped down to pursue other interests, shortly after the company posted a 91 percent plunge in third quarter profits.

In other… Read More>>

In this week’s edition of People in the News, the CEO of a Mumbai-based conglomerate’s real estate business has stepped … Read more>>>

Samuel WT Chu and Benjamin KY Lee

Phoenix Sells Singapore Shophouses to Aberdeen Standard for S$54M

Samuel WT Chu and Benjamin KY Lee

2020/02/09 by James Hatton Leave a Comment

Phoenix Property Investors has disposed of a row of shophouses in Singapore’s Chinatown for S$54 million ($39 million), according to Aberdeen Standard Investments (ASI), which purchased the historically preserved buildings.

The asset management arm of London-listed Standard Life Aberdeen confirmed… Read More>>

Phoenix Property Investors has disposed of a row of shophouses in Singapore’s Chinatown for S$54 million ($39 million), … Read more>>>

Stuart Ross JLL

JLL Industrial Chief Stuart Ross Moves to Singapore for SE Asia Role

Stuart Ross JLL

2020/02/09 by Michael Cole Leave a Comment

Southeast Asia’s e-commerce sector quadrupled from 2015 through 2018, and property consultancy JLL has taken steps to help the region’s online shopping networks find the warehouses needed to deliver a growing barrage of packages.

The company’s former head of industrial… Read More>>

Southeast Asia’s e-commerce sector quadrupled from 2015 through 2018, and property consultancy JLL has taken steps to … Read more>>>

Yum Shutters 3,000 China KFC, Pizza Hut Shops and More Asia Real Estate Headlines

2020/02/09 by James Hatton Leave a Comment

Colonel Sanders’ fingerlickin’ fried chicken leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the Shanghai-based operator of mainland China fast food chains including KFC, Pizza Hut and Taco Bell has temporarily… Read More>>

Colonel Sanders’ fingerlickin’ fried chicken leads the way in Mingtiandi’s roundup of Asia real estate headlines today … Read more>>>

Christina Tan Keppel

Keppel Aims to Raise $1B for Alpha Asia Fund IV

Christina Tan Keppel

2020/02/06 by James Hatton Leave a Comment

Keppel Capital, the Temasek Holdings-backed asset management arm of Singapore’s Keppel Corporation, is targeting a $1 billion haul for its latest pan-Asian real estate fund.

While Keppel Capital has yet to formally file documentation with the US’ Securities and Exchange… Read More>>

Keppel Capital, the Temasek Holdings-backed asset management arm of Singapore’s Keppel Corporation, is targeting a $1 … Read more>>>

thomas lam

Wheelock Wins Project at Hong Kong’s Lohas Park at 12% Discount 

thomas lam

2020/02/06 by James Hatton Leave a Comment

Wheelock and Company has won a discounted residential site in Hong Kong’s New Territories amid a plunge in property prices in the Asian financial hub, according to an announcement by the city’s MTR Corporation, which organised the project tender.

The… Read More>>

Wheelock and Company has won a discounted residential site in Hong Kong’s New Territories amid a plunge in property … Read more>>>

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