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sun dongping New Ease

Warburg Pincus-Backed New Ease in $200M Logistics JV with UK’s Actis

sun dongping New Ease

2020/01/16 by Michael Cole Leave a Comment

Shanghai-based industrial developer New Ease acquired a new partner today as the company chaired by ESR co-founder Sun Dongping announced a joint venture with fund manager Actis.

Warburg Pincus-backed New Ease, together with the UK emerging markets specialist, plan to… Read More>>

Shanghai-based industrial developer New Ease acquired a new partner today as the company chaired by ESR co-founder Sun … Read more>>>

jason hui shimao

Shimao Property JV Adds 70 Projects to Developer’s Mainland Pipeline

jason hui shimao

2020/01/16 by Michael Cole Leave a Comment

Shimao Property this week announced a new joint venture that will add 70 projects to the Hong Kong-listed developer’s pipeline.

At a press conference on Monday jointly organised with Fuzhou-based Fusheng Group, the two companies announced that they had established… Read More>>

Shimao Property this week announced a new joint venture that will add 70 projects to the Hong Kong-listed developer’s … Read more>>>

china housing

China Home Price Growth Stays on the Slide in December and More Asia Real Estate Headlines

china housing

2020/01/16 by Michael Cole Leave a Comment

China’s continuously cooling housing market leads Asia’s real estate headlines today with the latest set of government statistics showing that home price growth on the mainland’s largest cities fell to its lowest rate in 17 months. Hong Kong’s current market… Read More>>

China’s continuously cooling housing market leads Asia’s real estate headlines today with the latest set of government … Read more>>>

Kwok Ying-shing

Kaisa Group Buys New Territories Site for HK$3.5B to Expand HK Foothold

Kwok Ying-shing

2020/01/15 by Michael Cole Leave a Comment

Kaisa Group Holdings has expanded its foothold in Hong Kong as the Shenzhen-based developer beat out 14 other bids to take home a site in the New Territories, according to an announcement by Hong Kong’s Lands Department late Monday.

The… Read More>>

Kaisa Group Holdings has expanded its foothold in Hong Kong as the Shenzhen-based developer beat out 14 other bids to … Read more>>>

Chu Kut Yung Hopson

Hopson Chairman Resigns, Daughter Appointed to Lead Guangzhou Developer

Chu Kut Yung Hopson

2020/01/15 by Michael Cole Leave a Comment

A mainland real estate princess stepped up to queen this week as 31-year-old Chu Kut Yung was named Chairman of Hopson International Development Holdings, according to a stock exchange announcement on Monday.

Chu, whose name in Mandarin is Zhu Jurong,… Read More>>

A mainland real estate princess stepped up to queen this week as 31-year-old Chu Kut Yung was named Chairman of Hopson … Read more>>>

singapore housing

Singapore Condo Sales Fall 53% in December and More Asia Real Estate Headlines

singapore housing

2020/01/15 by Michael Cole Leave a Comment

Sunny Singapore leads the real estate news in Asia today as the city-state’s gradual housing slide hit a steeper slope in December, according to fresh government figures. Blackstone also returns to the headlines today with news that the US real… Read More>>

Sunny Singapore leads the real estate news in Asia today as the city-state’s gradual housing slide hit a steeper slope … Read more>>>

ritesh agarwal Oyo

Oyo Hotels Cutting 20% of India Staff, 65,000 Rooms Vanish From Website

ritesh agarwal Oyo

2020/01/14 by Michael Cole Leave a Comment

Just over seven months ago, India’s Oyo Hotels proclaimed itself the world’s third largest hotel. Now the Softbank-backed startup is cutting headcount in its home market by around one-fifth, as it struggles for profitability.

Valued at as much as $10… Read More>>

Just over seven months ago, India’s Oyo Hotels proclaimed itself the world’s third largest hotel. Now the … Read more>>>

AllCargo Logistics Mumbai

Blackstone Buys $54M Stake in Indian Logistics Portfolio and More Asia Real Estate Headlines

AllCargo Logistics Mumbai

2020/01/14 by Michael Cole Leave a Comment

Warehouses lead the real estate news today around Asia as US private equity giant Blackstone ups its bets on India’s logistics sector and a Korean institution buys the UK’s largest car distribution centre before it’s even finished. Southeast Asia’s wealthiest… Read More>>

Warehouses lead the real estate news today around Asia as US private equity giant Blackstone ups its bets on India’s … Read more>>>

sun hao pgim

PGIM Appoints New Head of Institutional Business for China

sun hao pgim

2020/01/14 by Michael Cole Leave a Comment

Real estate fund manager PGIM has brought on board veteran finance executive Sun Hao to bolster its operation in mainland China, according to an announcement by the division of Prudential Financial this past week.

Sun joins PGIM in Shanghai as… Read More>>

Real estate fund manager PGIM has brought on board veteran finance executive Sun Hao to bolster its operation in … Read more>>>

ESR Jeffrey Shen 1

ESR Announces $500M China Logistics Joint Venture with GIC

ESR Jeffrey Shen 1

2020/01/13 by Michael Cole Leave a Comment

Less than three months after completing a HK$14 billion ($1.8 billion) IPO, ESR continues to raise cash for further expansion, as the logistics developer and fund manager today unveiled a joint venture with Singapore’s GIC.

Warburg Pincus-backed ESR Cayman announced… Read More>>

Less than three months after completing a HK$14 billion ($1.8 billion) IPO, ESR continues to raise cash for further … Read more>>>

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