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Ng Beng Tiong ARA

ARA-Chelsfield JV Buys SG’s Manulife Centre From CDL and Alpha for S$555M

Ng Beng Tiong ARA

2019/01/05 by Michael Cole Leave a Comment

A joint venture between ARA Asset Management and Chelsfield Asia has purchased the Manulife Centre on Singapore’s Bras Basah Road for S$555.5 million ($408.8 million), according to statements released late Friday.

Singapore-based ARA and Chelsfield, the Asian arm of a… Read More>>

A joint venture between ARA Asset Management and Chelsfield Asia has purchased the Manulife Centre on Singapore’s Bras … Read more>>>

16 Shouson Hill Road

Mainland Developer Said to Back HK$1.86B Purchase of Hong Kong Luxury Site

16 Shouson Hill Road

2019/01/05 by Jan Kot Leave a Comment

Carnival Group International Holdings has agreed to sell a low-density residential project on the south side of Hong Kong Island for HK$1.86 billion ($237 million), according to a Hong Kong Stock Exchange filing, bringing the tourism-focused developer a 43 percent capital… Read More>>

Carnival Group International Holdings has agreed to sell a low-density residential project on the south side of Hong … Read more>>>

Logos Acquires S$585M Singapore Industrial Project in Sale and Leaseback Deal

2019/01/05 by Vincent Morkri Leave a Comment

After a string of recent acquisitions in the antipodes, logistics specialist Logos Property has switched focus back to the Singapore market with the purchase of a 25-hectare (61.8-acre) industrial project from a local unit of global solar firm REC.

Through… Read More>>

After a string of recent acquisitions in the antipodes, logistics specialist Logos Property has switched focus back to … Read more>>>

Luckin Coffee China

Luckin Coffee to Open 2,500 New Mainland Stores and More Asia Real Estate Headlines

Luckin Coffee China

2019/01/04 by Michael Cole Leave a Comment

The race for the hearts and wallets of China’s coffee addicts leads today’s real estate news as venture-backed Luckin Coffee says it will open 2,500 new stores this year. That optimistic worldview may not be shared by China Overseas Land… Read More>>

The race for the hearts and wallets of China’s coffee addicts leads today’s real estate news as venture-backed Luckin … Read more>>>

Vincent Lo Shui On

Shui On in $1B China Commercial Property JV With Manulife, China Life

Vincent Lo Shui On

2019/01/03 by Mingtiandi Team 1 Comment

Hong Kong-listed developer Shui On Land has announced that it is partnering with two insurance giants to invest in commercial real estate ventures in China as it continues to lean on financial services companies to rebuild its mainland portfolio.

The… Read More>>

Hong Kong-listed developer Shui On Land has announced that it is partnering with two insurance giants to invest in … Read more>>>

ben lee keppel

Keppel Adds $80M Beijing Office Building to China Portfolio

ben lee keppel

2019/01/03 by Mingtiandi Team Leave a Comment

Keppel Land China has announced it will acquire an 11-storey office building in Beijing’s Haidian district from A Li Yun Shan (Beijing) Business Consulting for RMB 555 million ($80.8 million), with the transaction expected to be completed sometime during the… Read More>>

Keppel Land China has announced it will acquire an 11-storey office building in Beijing’s Haidian district from A Li Yun … Read more>>>

Yu Ying

Sunac China Names Former Baoneng, Poly Exec as New CEO

Yu Ying

2019/01/03 by Mingtiandi Team Leave a Comment

Hong Kong-listed developer Sunac China Holdings has selected former Baoneng Group senior vice president Yu Ying as its new chief executive officer, according to a report in mainland news site The Paper.

The change in leadership at the top five… Read More>>

Hong Kong-listed developer Sunac China Holdings has selected former Baoneng Group senior vice president Yu Ying as its … Read more>>>

Kwok Ying-shing

Kaisa Says $150M Xi’An Project Seized by Local Developers and More Asia Real Estate Headlines

Kwok Ying-shing

2019/01/03 by Michael Cole Leave a Comment

Infamous for its 2015 debt defaults, developer Kaisa Group is back in the news this week with a new take on trouble, as the Hong Kong-listed firm now says that one of its Xi’an projects has been illicitly taken over… Read More>>

Infamous for its 2015 debt defaults, developer Kaisa Group is back in the news this week with a new take on trouble, as … Read more>>>

Evan Kleinberg WeWork

WeWork Turns to Revenue Sharing With Developers After Opening 123 Asian Centres

Evan Kleinberg WeWork

2019/01/02 by Jan Kot 2 Comments

After two years of operating and expanding its Asian operation to 123 centres in nine countries, New York-based co-working provider WeWork believes its brand power and client demand has prepared it to begin partnering with landlords to supply the region’s… Read More>>

After two years of operating and expanding its Asian operation to 123 centres in nine countries, New York-based … Read more>>>

Patanjali Keswani Lemon Tree

Warburg Pincus Forms $430M Co-Living JV With India’s Lemon Tree Hotels

Patanjali Keswani Lemon Tree

2019/01/02 by Jan Kot Leave a Comment

US private equity giant Warburg Pincus is extending its bets on Asia’s rental residential sector by partnering with India’s largest mid-priced hotel chain, Lemon Tree Hotels, in an INR 30 billion ($430 million) joint equity investment to create a new co-living… Read More>>

US private equity giant Warburg Pincus is extending its bets on Asia's rental residential sector by partnering with … Read more>>>

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