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JI QI Huazhu

China’s Huazhu Group Reports 19% Growth in Hotel Turnover in Q3

JI QI Huazhu

2019/11/18 by Jan Kot Leave a Comment

Huazhu Group has revealed a 19 percent year-on-year jump in hotel turnover for the third quarter of 2019, as China’s largest operator of budget inns boosted its portfolio to more than 5,000 locations.

Turnover increased to RMB 10 billion ($1.4… Read More>>

Huazhu Group has revealed a 19 percent year-on-year jump in hotel turnover for the third quarter of 2019, as China’s … Read more>>>

Asia Real Estate People in the News 2019-11-18

2019/11/18 by James Hatton Leave a Comment

In this week’s edition of Mingtiandi’s People in the News, the CEO of Zhenro Properties has resigned due to “other work commitments”, while Manulife US REIT has appointed a new chief financial officer.

In other people moves around the region,… Read More>>

In this week’s edition of Mingtiandi’s People in the News, the CEO of Zhenro Properties has resigned due to “other work … Read more>>>

jeffrey perlman warburg

ESR Unit Advises Samsung on €132M Buy of AEW Czech Warehouse

jeffrey perlman warburg

2019/11/17 by James Hatton Leave a Comment

ESR’s Kendall Square Asset Management has acted on behalf of Samsung Securities to acquire the largest logistics facility in the Czech Republic for €132 million ($146 million), according to people close to the deal who spoke to Mingtiandi.

A source… Read More>>

ESR’s Kendall Square Asset Management has acted on behalf of Samsung Securities to acquire the largest logistics … Read more>>>

jeremy lake

Savills Adds Jeremy Lake, Galven Tan to Singapore Investment Team

jeremy lake

2019/11/16 by Michael Cole Leave a Comment

Savills says it is on its way to becoming the top team in Singapore’s investment market as the company brings on board a group of former CBRE brokers to staff up its capital markets team in the city.

Jeremy Lake,… Read More>>

Savills says it is on its way to becoming the top team in Singapore’s investment market as the company brings on board a … Read more>>>

Alpha Investment Partners CEO Alvin Mah

Singapore’s Alpha Buys Out Partner’s Stake in NYC Condo Project

Alpha Investment Partners CEO Alvin Mah

2019/11/16 by James Hatton Leave a Comment

Singapore-based Alpha Investment Partners has agreed to buy out its partner’s stake in a luxury condo project in Manhattan’s Upper East Side just over three years after the joint venture began selling homes.

The private fund management division of Keppel… Read More>>

Singapore-based Alpha Investment Partners has agreed to buy out its partner’s stake in a luxury condo project in … Read more>>>

WeWork India Seeks $200M for Expansion and More Asia Real Estate Headlines

2019/11/16 by James Hatton Leave a Comment

Co-working India-style leads the way in Mingtiandi’s roundup of real estate headlines today with the news that the India franchise of the struggling US flexible space giant is looking to raise $200 million to fund its expansion drive.

… Read More>>

Co-working India-style leads the way in Mingtiandi’s roundup of real estate headlines today with the news that the India … Read more>>>

masa son tb

WeWork Losses More Than Doubled to Reach $1.25B in Third Quarter

masa son tb

2019/11/14 by Michael Cole Leave a Comment

Adding to the pain of the We Company’s IPO fail in September, the parent firm of shared workspace provider WeWork revealed in an investor presentation this week that its losses reached $1.25 billion in the third quarter of this year.

… Read More>>

Adding to the pain of the We Company’s IPO fail in September, the parent firm of shared workspace provider WeWork … Read more>>>

Carrie Lam

COLI, Henderson, K Wah and Wharf Buy HK$15.95B Kai Tak Site at a Discount

Carrie Lam

2019/11/14 by James Hatton 1 Comment

As clashes between police and protesters in Hong Kong escalate, the largest piece of land on the site of the Asian financial hub’s former airport has been sold at a discount to a consortium of Hong Kong-listed developers.

The city’s… Read More>>

As clashes between police and protesters in Hong Kong escalate, the largest piece of land on the site of the Asian … Read more>>>

Suchad Chiaranussatti

SC Capital Buys Former Melbourne Police Complex for A$107M

Suchad Chiaranussatti

2019/11/14 by James Hatton Leave a Comment

SC Capital Partners is set to make another purchase in Australia under its RECAP fund series, just one month after buying a retail portfolio in Sydney.

The Singapore-based private equity firm has entered a binding agreement to buy the former… Read More>>

SC Capital Partners is set to make another purchase in Australia under its RECAP fund series, just one month after … Read more>>>

Blackstone REIT Stocks Up on India Assets and More Asia Real Estate Headlines

2019/11/14 by James Hatton Leave a Comment

India takes the lead in Mingtiandi’s roundup of real estate headlines today as a Blackstone-backed REIT aims to add $903 million in office assets to its portfolio. The manager of Asia’s biggest REIT also gets some ink as it renegotiates… Read More>>

India takes the lead in Mingtiandi’s roundup of real estate headlines today as a Blackstone-backed REIT aims to add $903 … Read more>>>

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MTD TV

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