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John Pattar KKR

KKR JV Acquires Shanghai Commercial Project Via $1.5B Fund

John Pattar KKR

2019/09/02 by James Hatton Leave a Comment

KKR has partnered up with a Shanghai-based fund manager to acquire a commercial development near the city’s historic Bund waterfront, according to people familiar with the matter.

The US private equity pioneer is making the investment through a joint venture that… Read More>>

KKR has partnered up with a Shanghai-based fund manager to acquire a commercial development near the city’s historic … Read more>>>

Dai Zhikang Zendai

Founder of Shanghai Zendai Group Surrenders to Police in P2P Probe

Dai Zhikang Zendai

2019/09/02 by Jan Kot Leave a Comment

Dai Zhikang, the founder and legal representative of Shanghai-based property and finance conglomerate Zendai Group, has surrendered to the police after his company was brought under investigation for illegal fund raising with regard to a RMB 10 billion ($1.4 billion)… Read More>>

Dai Zhikang, the founder and legal representative of Shanghai-based property and finance conglomerate Zendai Group, has … Read more>>>

ben lee keppel

Keppel Buying Office Building in Beijing’s Zhongguancun for RMB 197M

ben lee keppel

2019/09/02 by James Hatton Leave a Comment

Keppel Land China, the mainland property arm of Keppel Corporation, has announced that it is acquiring an office building in Beijing for RMB 178.6 million ($25 million), as the company pushes forward with plans to grow its commercial real estate… Read More>>

Keppel Land China, the mainland property arm of Keppel Corporation, has announced that it is acquiring an office … Read more>>>

Wu Xiangdong

Asia Real Estate People in the News 2019-09-02

Wu Xiangdong

2019/09/02 by James Hatton Leave a Comment

In this week’s edition of People in the News, just a few weeks after Hong Kong’s flagship airline was reminded that it operates at the pleasure of Beijing, the city’s biggest developer has moved to strengthen its mainland bona fides… Read More>>

In this week’s edition of People in the News, just a few weeks after Hong Kong's flagship airline was reminded that it … Read more>>>

Evergrande

China Evergrande Profit Halves in H1 as Market Curbs Hit Sales

Evergrande

2019/09/01 by James Hatton Leave a Comment

Just over two weeks after China Evergrande Group warned shareholders of falling profits for the period up to the end of June, the country’s third-largest developer by sales has posted its first drop in returns since 2016.

The Shenzhen-based real… Read More>>

Just over two weeks after China Evergrande Group warned shareholders of falling profits for the period up to the end of … Read more>>>

Hong Kong housing market

Hong Kong Home Prices Slide for Second Straight Month and More Asia Real Estate Headlines

Hong Kong housing market

2019/09/01 by James Hatton Leave a Comment

A wobbling housing market leads the way in Mingtiandi’s roundup of real estate headlines today with the news that a government crackdown in Asia’s most talked-about city may have hit housing prices more harshly than it has black-clad protestors. 

… Read More>>

A wobbling housing market leads the way in Mingtiandi’s roundup of real estate headlines today with the news that a … Read more>>>

Hong Kong shuttered shops

Hong Kong Retail Real Estate Transactions Fall 47% in August

Hong Kong shuttered shops

2019/09/01 by Jan Kot Leave a Comment

The uncertainties of the US-China trade war negotiations and the political turmoil in Hong Kong have combined to cool down investor interest in Hong Kong’s property market, with sales of retail real estate bearing the brunt of investor reluctance… Read More>>

The uncertainties of the US-China trade war negotiations and the political turmoil in Hong Kong have combined to cool … Read more>>>

John Lim ARA

Blackstone, ARA and CK Asset Joining APREA Summit in SH 3-5 September

John Lim ARA

2019/08/31 by Mingtiandi Team Leave a Comment

Asia’s property investment leaders will be gathering in Shanghai this coming week as the Asia Pacific Real Estate Association holds its largest event of the year in China’s commercial capital.

The APREA Asia Pacific Property Leaders Summit will take place… Read More>>

Asia’s property investment leaders will be gathering in Shanghai this coming week as the Asia Pacific Real Estate … Read more>>>

Li Ka-shing

Court Clears Way for Li Ka-shing-Linked Developer’s S$402M SG Acquisition

Li Ka-shing

2019/08/29 by James Hatton Leave a Comment

Japura Development, an entity linked to Hong Kong billionaire Li Ka-shing’s CK Asset Holdings, has completed the acquisition of an apartment block in one of Singapore’s most affluent areas after the S$401.9 million ($289 million) collective sale had been blocked… Read More>>

Japura Development, an entity linked to Hong Kong billionaire Li Ka-shing’s CK Asset Holdings, has completed the … Read more>>>

Chris Reilly Resigns as APAC Managing Director for Nuveen Real Estate

2019/08/29 by James Hatton Leave a Comment

Chris Reilly has resigned as managing director for Asia Pacific at Nuveen Real Estate, according to a company spokesperson, after more than five years leading the regional team for the company formerly known as TH Real Estate.

Reilly has left… Read More>>

Chris Reilly has resigned as managing director for Asia Pacific at Nuveen Real Estate, according to a company … Read more>>>

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