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Wee Cho Yaw

Singapore’s UOL Pays S$675.3M to Buy Out Marina Bay Partners

Wee Cho Yaw

2019/04/15 by Michael Cole Leave a Comment

Listed developer UOL and its subsidiary, United Industrial Corp (UIC), have agreed to pay S$675.3 million ($499.26 million) to take 100 percent ownership of the Marina Square shopping centre and the Marina Mandarin hotel in Singapore.

The pair of companies… Read More>>

Listed developer UOL and its subsidiary, United Industrial Corp (UIC), have agreed to pay S$675.3 million ($499.26 … Read more>>>

Ben Keswick Jardine Matheson

Jardine-Backed Yonghui Buys Controlling Stake in Wuhan Retailer for RMB 559M

Ben Keswick Jardine Matheson

2019/04/15 by Jan Kot Leave a Comment

Jardine Matheson-backed Yonghui Superstores is to become the controlling shareholder in central China regional supermarket chain Zhongbai Holdings Group in a deal valued at RMB 559 million ($83.2 million), according to a Shanghai Stock Exchange filing.

Yonghui is offering RMB… Read More>>

Jardine Matheson-backed Yonghui Superstores is to become the controlling shareholder in central China regional … Read more>>>

vickie zheng JLL

Asia Real Estate People in the News 2019-04-15

vickie zheng JLL

2019/04/15 by Michael Cole Leave a Comment

Brokers, facility managers and marketing folks lead Mingtiandi’s list of personnel changes in Asia’s real estate world this week as a Jardines Matheson Group veteran takes over responsibilities for the Hong Kong conglomerate’s web of Hong Kong retail shops and… Read More>>

Brokers, facility managers and marketing folks lead Mingtiandi’s list of personnel changes in Asia’s real estate world … Read more>>>

Ronnie Chan Hang Lung

Hang Lung Plans HK$2.6B North Point Project and More Hong Kong Headlines

Ronnie Chan Hang Lung

2019/04/14 by Dorothy Ma Leave a Comment

The world’s most expensive real estate market never stops moving and in this week’s roundup of Hong Kong stories, we bring you all the events that didn’t make its way into Mingtiandi’s breaking news coverage last week. We lead the… Read More>>

The world’s most expensive real estate market never stops moving and in this week’s roundup of Hong Kong stories, we … Read more>>>

zhang wei china create capital

Buyer of HK$9.95B Henderson Project in Hong Kong Arrested for ‘Mafia Practices’

zhang wei china create capital

2019/04/13 by Jan Kot Leave a Comment

China Create Capital Ltd burst into the headlines early last year when the little-known investment firm purchased a Hong Kong office building from Henderson Land for HK$9.95 billion ($1.27 billion).

Now the Shenzhen-based financial firm, which purchased the 22-storey office… Read More>>

China Create Capital Ltd burst into the headlines early last year when the little-known investment firm purchased a Hong … Read more>>>

ye jianming

Troubled Mainland Investor Sells Wan Chai Office Floors for HK$1.8B in Liquidation Sale

ye jianming

2019/04/13 by Michael Cole Leave a Comment

Troubled investors from mainland China continue to generate activity in Hong Kong’s real estate market, with a set of three office floors belonging an energy firm having recently sold in Wan Chai just over a year after the company’s chairman… Read More>>

Troubled investors from mainland China continue to generate activity in Hong Kong’s real estate market, with a set of … Read more>>>

Richard Ng Frasers Centrepoint Trust

Singapore’s Frasers Appoints Former PGIM Exec to Run FCT Retail REIT

Richard Ng Frasers Centrepoint Trust

2019/04/13 by Michael Cole Leave a Comment

The manager of Frasers Centrepoint Trust has chosen a new boss for the retail focused REIT, a move which may strengthen a bridge between the empire of Thai-Chinese tycoon Charoen Sirivadhanabhakdi and one of its recent acquisition targets.

Frasers Centrepoint… Read More>>

The manager of Frasers Centrepoint Trust has chosen a new boss for the retail focused REIT, a move which may strengthen … Read more>>>

Mahathir Mohammed

Malaysia Rail Project Back on Track After 33% Price Cut and More Asia Real Estate Headlines

Mahathir Mohammed

2019/04/13 by Michael Cole Leave a Comment

China’s belt and road could be back on track in Malaysia after the country’s new government worked out a plan with the Chinese contractors set to build a new rail project in the country. Also in the news today, Hong… Read More>>

China’s belt and road could be back on track in Malaysia after the country’s new government worked out a plan with the … Read more>>>

pan sutong goldin

Goldin’s Pan Sutong Sells Kowloon Bay Project for HK$5B

pan sutong goldin

2019/04/11 by Jan Kot Leave a Comment

Pan Sutong, chairman of Hong Kong’s Goldin Group, and the city’s 16th richest man, has sold a commercial site in the Kowloon Bay area for an estimated HK$5 billion ($640 million), according to an account in the Hong Kong press.

… Read More>>

Pan Sutong, chairman of Hong Kong's Goldin Group, and the city's 16th richest man, has sold a commercial site in the … Read more>>>

Lim Kin Song Rockworth

Singapore’s Rockworth Capital Buys 18% Stake in Aussie Investment Group

Lim Kin Song Rockworth

2019/04/11 by Michael Cole Leave a Comment

Rockworth Capital Partners announced today that it has acquired an 18 percent interest in ASX-listed Elanor Investors Group, as the Singapore-based private equity firm ramps up its presence in Australia.

The transaction, which involves purchases of both existing and new… Read More>>

Rockworth Capital Partners announced today that it has acquired an 18 percent interest in ASX-listed Elanor Investors … Read more>>>

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