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guo wengui

Guo Wengui’s Beijing Office Tower Sold on Taobao for RMB 5.2B

guo wengui

2019/08/22 by Jan Kot Leave a Comment

With its erstwhile owner ensconced in at Manhattan penthouse hurling insults at China’s ruling communist party, a Beijing office tower was sold for RMB 5.2 billion ($730 million) this week on a bad asset website operated by Alibaba’s Taobao.

Yu… Read More>>

With its erstwhile owner ensconced in at Manhattan penthouse hurling insults at China's ruling communist party, a … Read more>>>

yu liang china vanke-tb

China Vanke H1 Net Profit Surges 30% to RMB 11.8B

yu liang china vanke-tb

2019/08/22 by James Hatton Leave a Comment

China Vanke, the country’s second largest developer by contracted sales, has posted a 30 percent surge in net profit attributable to shareholders for the first half of the year, according to a stock exchange announcement.

Despite cooling measures implemented by… Read More>>

China Vanke, the country’s second largest developer by contracted sales, has posted a 30 percent surge in net profit … Read more>>>

JLL Alex Barnes

Office Vacancy in Hong Kong’s Central District Rises to 3-Year High

JLL Alex Barnes

2019/08/21 by James Hatton Leave a Comment

Vacancy in Hong Kong’s normally red-hot Central office market, which boasts the most expensive commercial property in the world, rose to a three-year high in July amid increasing economic uncertainty, according to JLL’s latest Property Market Monitor report.

The property… Read More>>

Vacancy in Hong Kong’s normally red-hot Central office market, which boasts the most expensive commercial property in … Read more>>>

Chen Feng HNA

HNA Group Gets Help to Repay Dollar Bond and More Asia Real Estate Headlines

Chen Feng HNA

2019/08/21 by James Hatton Leave a Comment

A backfiring conglomerate leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the debt-laden company that had golf courses seized four months ago is said to have received help to repay a $300… Read More>>

A backfiring conglomerate leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that … Read more>>>

christine li Cushman

APAC Data Centre Market Predicted to Grow to $28B by 2024

christine li Cushman

2019/08/21 by James Hatton Leave a Comment

The Asia Pacific data centre market is expected to overtake North America to become the largest in the world by 2021, according to property services consultancy Cushman and Wakefield.

Underpinned by a surge in demand for cloud services and digitisation,… Read More>>

The Asia Pacific data centre market is expected to overtake North America to become the largest in the world by 2021, … Read more>>>

Li Ka-Shing’s CK Asset to Buy British Pub Group in £4.6B Deal 

2019/08/20 by James Hatton Leave a Comment

CK Asset Holdings, which is chaired by the son of Hong Kong’s richest man Li Ka-shing, has reached an agreement to buy British brewery Greene King plc in a deal worth £4.6 billion (HK$43.6 billion), according to a stock exchange… Read More>>

CK Asset Holdings, which is chaired by the son of Hong Kong’s richest man Li Ka-shing, has reached an agreement to buy … Read more>>>

Payson Cha Hanison

Hanison, China Merchants Capital Sell Industrial Project to HK Shop King for HK$1.1B

Payson Cha Hanison

2019/08/20 by James Hatton Leave a Comment

Hong Kong “Shop King” Tang Shing-bor has entered into a sale and purchase agreement with a joint venture between Hanison Construction Holdings and a fund managed by China Merchants Capital to buy a Kwai Chung industrial building for HK$1.1 billion… Read More>>

Hong Kong “Shop King” Tang Shing-bor has entered into a sale and purchase agreement with a joint venture between Hanison … Read more>>>

barclays center

Alibaba’s Joe Tsai to Buy Brooklyn Arena for $700M and More Asia Real Estate Headlines

barclays center

2019/08/20 by James Hatton Leave a Comment

Acquisitive Alibabans lead the way in Mingtiandi’s roundup of real estate headlines today with the news that a co-founder of the e-commerce titan is dunking $700 million into acquiring the home of the Brooklyn Nets as part of a $2.35… Read More>>

Acquisitive Alibabans lead the way in Mingtiandi’s roundup of real estate headlines today with the news that a … Read more>>>

feng quanlin

Alibaba’s Red Star Macalline Launches Property Agency in Shanghai

feng quanlin

2019/08/20 by Michael Cole 1 Comment

Red Star Macalline Holding, which develops and operates China’s largest chain of home furnishing malls, is launching its own real estate agency, the president of the newly launched brokerage announced on Monday, according to local media reports.

Famous for its… Read More>>

Red Star Macalline Holding, which develops and operates China’s largest chain of home furnishing malls, is launching its … Read more>>>

Lee Kok Sun GIC

GIC Buys 25% of A$4.3B Sydney Office Fund From Lendlease, CPPIB

Lee Kok Sun GIC

2019/08/20 by James Hatton Leave a Comment

GIC is acquiring just over a quarter stake in a A$4.3 billion ($2.9 billion) Sydney office fund from Australia’s Lendlease and Canada’s CPPIB, according to an announcement by the Singapore sovereign wealth fund.

The purchase gives the Singaporean sovereign wealth… Read More>>

GIC is acquiring just over a quarter stake in a A$4.3 billion ($2.9 billion) Sydney office fund from Australia's … Read more>>>

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