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Asia Real Estate People in the News 2019-05-20

2019/05/20 by James Hatton Leave a Comment

In this week’s edition of People in the News, there is a change at the top for a mainland developer as well as some fresh moves in the co-working sphere in Shanghai, while Colliers brings in new blood to boost… Read More>>

In this week’s edition of People in the News, there is a change at the top for a mainland developer as well as some … Read more>>>

kuok khoon hua

Robert Kuok’s Youngest Son Takes Over as Kerry Properties CEO, Vice Chairman

kuok khoon hua

2019/05/20 by Michael Cole 1 Comment

The succession plan for one of Asia’s largest conglomerates may have become a bit clearer on Friday when Hong Kong-listed Kerry Properties named Kuok Khoon Hua as its new CEO and Vice Chairman in an announcement to the stock exchange.

… Read More>>

The succession plan for one of Asia’s largest conglomerates may have become a bit clearer on Friday when Hong … Read more>>>

jack ma Alibaba

Alibaba Invests RMB 4.36B in Furniture Mall Operator Red Star Macalline

jack ma Alibaba

2019/05/20 by Dorothy Ma Leave a Comment

Alibaba has made another deal aimed at China’s traditional shopping sector, with the e-commerce giant announcing an investment in China’s largest retailer of furniture and home products, as the tech giant, continues to look for ways to leverage its online… Read More>>

Alibaba has made another deal aimed at China’s traditional shopping sector, with the e-commerce giant announcing an … Read more>>>

lvgem neo

C&W Tops Asia Brokerage Wins with HK$4.1M Leasing Deal in Hong Kong Mingtiandi Broker Battle

lvgem neo

2019/05/20 by James Hatton Leave a Comment

Leasing leads the way in Mingtiandi’s latest list of brokerage wins as Cushman & Wakefield is said to have advised an insurer on its rental of four floors of office space in Hong Kong’s Kowloon East area. The fast-developing commercial… Read More>>

Leasing leads the way in Mingtiandi’s latest list of brokerage wins as Cushman & Wakefield is said to have advised … Read more>>>

Robert Kuok

Kerry Properties Buys Hangzhou Site for RMB 6.8B

Robert Kuok

2019/05/18 by Michael Cole Leave a Comment

Hong Kong-listed Kerry Properties has won the rights to a 98,053 square metre (1 million square foot) site in the eastern China city of Hangzhou after placing the winning bid of RMB 6.814 billion ($985 million) at a government auction,… Read More>>

Hong Kong-listed Kerry Properties has won the rights to a 98,053 square metre (1 million square foot) site in the … Read more>>>

VIctor Li Ck Asset

CK Asset Said Exploring $2.9B Sale of Stake in Shanghai Project

VIctor Li Ck Asset

2019/05/18 by Jan Kot Leave a Comment

Victor Li’s CK Asset Holdings is exploring the sale of its majority ownership in its last large-scale mixed-use development in Shanghai for up to RMB 20 billion ($2.9 billion), according to an account by Bloomberg.

Should the Hong Kong-based developer… Read More>>

Victor Li’s CK Asset Holdings is exploring the sale of its majority ownership in its last large-scale mixed-use … Read more>>>

Loss-making Luckin Coffee Hits $561M IPO Jackpot and More Asia Real Estate Headlines

2019/05/18 by James Hatton Leave a Comment

Coffee leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that the Chinese rival to Starbucks has ground out $561 million from a larger-than-expected IPO, making the online to offline coffee chain full of beans.

… Read More>>

Coffee leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that the Chinese rival to … Read more>>>

liu chengcheng Kr Space

Kr Space Rises From China’s Co-Working Dead with RMB 1B IDG-Led Funding Round

liu chengcheng Kr Space

2019/05/16 by Jan Kot Leave a Comment

Financially troubled co-working space provider Kr Space announced on Wednesday that it has completed a RMB 1 billion ($145 million) round of funding, jointly led by IDG Capital, Gopher Asset Management and Hubei Yixing Capital.

Kr Space’s biggest fund-raising ever,… Read More>>

Financially troubled co-working space provider Kr Space announced on Wednesday that it has completed a RMB 1 billion … Read more>>>

Pan Sutong Goldin

Goldin Buys 2nd Kai Tak Plot for Record HK$11.1B and More Asia Real Estate Headlines

Pan Sutong Goldin

2019/05/16 by James Hatton Leave a Comment

Another Kai Tak land sale leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that Hong Kong developer Goldin Financial beat off stiff competition to win its second plot on the former airport for HK$11.1… Read More>>

Another Kai Tak land sale leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that Hong … Read more>>>

lvgem neo

HK Insurer Takes 126K SqFt Kwun Tong Lease as Kowloon East Keeps Pulling Tenants

lvgem neo

2019/05/16 by Dorothy Ma Leave a Comment

Hong Kong’s FTLife Insurance is preparing to sign a lease for four office floors in Kowloon East, according to a local media account on 13 May, as the former industrial area continues to lure major corporate tenants away from traditional… Read More>>

Hong Kong's FTLife Insurance is preparing to sign a lease for four office floors in Kowloon East, according to a local … Read more>>>

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