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Lui Chong Chee

BlackRock-Linked Entity Sells UK Student Digs to Far East Orchard for £66.5M

Lui Chong Chee

2019/11/13 by James Hatton Leave a Comment

A BlackRock-linked entity has agreed to sell a pair of student dorms in the UK to Singapore-listed property developer Far East Orchard for £66.5 million ($85 million).

The subsidiary of Far East Organization purchased the assets from a company that… Read More>>

A BlackRock-linked entity has agreed to sell a pair of student dorms in the UK to Singapore-listed property developer … Read more>>>

stan tang hong kong

Stan Group Sets Sights on Kowloon Resi Project with Mongkok Compulsory Sale Bid

stan tang hong kong

2019/11/13 by Jan Kot Leave a Comment

Stan Group has applied for the compulsory sale of a 50-year-old industrial building in Hong Kong’s Mongkok district, according to an account in the Hong Kong Economic Times.

The Hong Kong investment group, which manages a HK$60 billion ($7.7 billion)… Read More>>

Stan Group has applied for the compulsory sale of a 50-year-old industrial building in Hong Kong’s Mongkok district, … Read more>>>

HK Hotel Room Rates Plunge 46% As Vacancy Soars and More Asia Real Estate Headlines

2019/11/13 by James Hatton Leave a Comment

Discounted room rates lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Hong Kong’s hotels are suffering as visitors stay away from the teargas-filled Asian financial hub.

In other news around the region,… Read More>>

Discounted room rates lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Hong … Read more>>>

lee-kok-sun gic

GIC JV Snaps Up Landmark Berlin Hotel for €126M

lee-kok-sun gic

2019/11/12 by James Hatton Leave a Comment

Less than a month after GIC picked up a trophy office tower in Paris, the Singapore sovereign wealth fund has teamed up with Caleus Capital Investors to acquire a landmark hotel in Berlin in an off-market transaction.

The joint venture… Read More>>

Less than a month after GIC picked up a trophy office tower in Paris, the Singapore sovereign wealth fund has teamed up … Read more>>>

Daniel Zhang

Alibaba Invests RMB 23B to Boost Stake in Cainiao Logistics Network

Daniel Zhang

2019/11/12 by Jan Kot Leave a Comment

Alibaba has invested RMB 23.3 billion ($3.3 billion) in logistics affiliate Cainiao, raising its equity in the warehousing and shipping company from 51 percent to 63 percent.

The e-commerce giant said in a statement that the additional 12 percent shareholding… Read More>>

Alibaba has invested RMB 23.3 billion ($3.3 billion) in logistics affiliate Cainiao, raising its equity in the … Read more>>>

SG’s Metro Invests A$96M in Aussie Properties and More Asia Real Estate Headlines

2019/11/12 by James Hatton Leave a Comment

An Aussie real estate portfolio leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a Singapore department store operator and retail developer has agreed to take a 20 percent interest in four office… Read More>>

An Aussie real estate portfolio leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news … Read more>>>

Centaline Commercial wong wai kee

Hong Kong Retail Leasing Dropped 43% in October Says Agency Report

Centaline Commercial wong wai kee

2019/11/12 by Jan Kot Leave a Comment

Buildings made of concrete and steel are feeling the impact of the estimated 6,000 rounds of teargas released on the streets of Hong Kong in recent months, as a newly released report shows that the city’s descent into a police… Read More>>

Buildings made of concrete and steel are feeling the impact of the estimated 6,000 rounds of teargas released on the … Read more>>>

Samuel WT Chu and Benjamin KY Lee

Phoenix Reaches $1.15B Final Close on Sixth Opportunistic Fund

Samuel WT Chu and Benjamin KY Lee

2019/11/11 by James Hatton Leave a Comment

Phoenix Property Investors has closed its latest opportunistic real estate fund at $1.15 billion, surpassing its hard cap by $250 million.

Phoenix Asia Real Estate Investment VI – the private equity company’s sixth pan-Asian investment vehicle – closed in September,… Read More>>

Phoenix Property Investors has closed its latest opportunistic real estate fund at $1.15 billion, surpassing its hard … Read more>>>

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

2019/11/11 by James Hatton Leave a Comment

In this week’s edition of Mingtiandi’s People in the News, Weave Co-Living hires a former JLL capital markets exec to drive the shared housing company’s expansion in Asia Pacific, less than a month after purchasing its fourth property in Hong… Read More>>

In this week’s edition of Mingtiandi’s People in the News, Weave Co-Living hires a former JLL capital markets exec to … Read more>>>

Susan-Leng-Mee-Yin sph reit

SPH REIT Buys Half Stake in Aussie Mall From Lendlease for A$670M

Susan-Leng-Mee-Yin sph reit

2019/11/11 by Mingtiandi Team Leave a Comment

A REIT sponsored by media conglomerate Singapore Press Holdings has agreed to buy a half stake in one of the largest shopping malls in Australia for A$670 million ($461 million), continuing a wave of real estate investments Down Under by… Read More>>

A REIT sponsored by media conglomerate Singapore Press Holdings has agreed to buy a half stake in one of the largest … Read more>>>

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