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Patu Keswani

Warburg Pincus-Backed Lemon Tree Buys Indian Rival Keys Hotels

Patu Keswani

2019/03/19 by Jan Kot Leave a Comment

Warburg Pincus-backed Lemon Tree Hotels has entered into a preliminary agreement to purchase Keys Hotels, a unit of New York’s Berggruen Hotels, according to a stock exchange filing by the New Delhi-based company.

Should the transaction take place, it would… Read More>>

Warburg Pincus-backed Lemon Tree Hotels has entered into a preliminary agreement to purchase Keys Hotels, a unit of New … Read more>>>

country garden Jiangxi

Country Garden Eyes Smaller Cities for Growth and More Asia Real Estate Headlines

country garden Jiangxi

2019/03/19 by Nina Suebsukcharoen Leave a Comment

China’s top two property developers are going in different directions with Country Garden seeing its future in small cities and counties while Evergrande is increasing its investment in the electric car market. Meanwhile Club Med is planning to open a… Read More>>

China’s top two property developers are going in different directions with Country Garden seeing its future in small … Read more>>>

Ankur Gupta Brookfield

Brookfield Buying India’s Leela Hotels for $576M

Ankur Gupta Brookfield

2019/03/19 by Michael Cole Leave a Comment

Canada’s Brookfield Asset Management has agreed to purchase a set of four hotels, a hospitality development project and branding rights to one of India’s elite hotel chains from Hotel Leela Venture for INR 39.5 billion ($576 million), according to a… Read More>>

Canada’s Brookfield Asset Management has agreed to purchase a set of four hotels, a hospitality development project and … Read more>>>

Lui Chong Chee

Far East Orchard Buys UK Student Housing Assets for £55M

Lui Chong Chee

2019/03/18 by Jan Kot Leave a Comment

Singapore-listed property developer Far East Orchard Limited has added three freehold student housing properties to its UK portfolio in a 622-bed deal worth £55 million ($72.96 million), according to a company statement.

The subsidiary of property giant Far East Organization… Read More>>

Singapore-listed property developer Far East Orchard Limited has added three freehold student housing properties to its … Read more>>>

Sammi Lim

Asia Real Estate People in the News 2019-03-18

Sammi Lim

2019/03/18 by Michael Cole Leave a Comment

Hotels and co-living have been gaining attention around the region as competition heats up in more mainstream real estate sectors, a trend which may be reflected in the top level appointments which lead Mingtiandi’s collection of people on the move… Read More>>

Hotels and co-living have been gaining attention around the region as competition heats up in more mainstream real … Read more>>>

Oxley boss Ching Chiat Kwong

AEW Said to Make S$1B Bid for Chevron House at Raffles Place

Oxley boss Ching Chiat Kwong

2019/03/17 by Michael Cole Leave a Comment

Oxley Holdings announced late Thursday that it has received an unsolicited expression of interest in the amount of S$1.025 billion ($758 million) for the Chevron House building at Raffles Place, exactly one year after the Singapore-listed developer completed its purchase… Read More>>

Oxley Holdings announced late Thursday that it has received an unsolicited expression of interest in the amount of … Read more>>>

China home sales

China Home Sales Slow, But Real Estate Investment Rebounds in 2019

China home sales

2019/03/16 by Jan Kot Leave a Comment

Growth in sales of real estate in China fell to 2.8 percent during January and February 2019 compared to the same period a year ago, with the value of new property sales during the two months totalling RMB 1.28 billion,… Read More>>

Growth in sales of real estate in China fell to 2.8 percent during January and February 2019 compared to the same period … Read more>>>

Wang Menghui MOHURD

China Home Price Growth Slows and Cities Loosen Sales Rules

Wang Menghui MOHURD

2019/03/16 by Michael Cole Leave a Comment

Home price growth in China declined to its slowest place in nearly a year during the first two months of 2019, according to official government statistics released on Friday, as purchase restrictions put in place last year continued to dampen… Read More>>

Home price growth in China declined to its slowest place in nearly a year during the first two months of 2019, according … Read more>>>

CBRE Anshuman Magazine

CBRE Vows to Hire 3,000 India Staff This Year and More Asia Real Estate Headlines

CBRE Anshuman Magazine

2019/03/16 by Michael Cole Leave a Comment

Real estate services leads Mingtiandi’s roundup of headlines from around the region today as agency giant CBRE announces plans to hire 3,000 new staff in India this year, after revenues grew 20 percent last year. In line with the real… Read More>>

Real estate services leads Mingtiandi’s roundup of headlines from around the region today as agency giant CBRE announces … Read more>>>

portrait-cha-mou-sing hanison tb

Hanison Buys Kowloon East Industrial Building for HK$489M

portrait-cha-mou-sing hanison tb

2019/03/14 by Michael Cole 2 Comments

Hanison Construction Holdings has agreed to purchase an industrial building in Hong Kong’s Kowloon East area just five months after the city’s government said it would reboot a program to encourage redevelopment of workshops, warehouses and go-downs for new uses.

… Read More>>

Hanison Construction Holdings has agreed to purchase an industrial building in Hong Kong’s Kowloon East area just five … Read more>>>

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