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Eastdil Splits from Wells Fargo in Temasek-Backed Management Buyout

2019/06/13 by James Hatton Leave a Comment

Real estate investment bank and brokerage Eastdil Secured, which handled $243.5 billion of transactions last year, is poised to expand into Asia Pacific and Europe after securing a management buyout, according to a company announcement.

The New York-headquartered firm said… Read More>>

Real estate investment bank and brokerage Eastdil Secured, which handled $243.5 billion of transactions last year, is … Read more>>>

Wang Jianlin

Wanda Sports Group Files for $500M NASDAQ IPO

Wang Jianlin

2019/06/13 by Jan Kot Leave a Comment

Wanda Sports Group (WSG), the owner of the Iron Man Triathlon franchise and soccer marketing group Infront Sports, has filed for an initial public offering in the US with a goal of raising up to $500 million, according to an… Read More>>

Wanda Sports Group (WSG), the owner of the Iron Man Triathlon franchise and soccer marketing group Infront Sports, has … Read more>>>

Wu Xiaohui Anbang

Anbang Launches Sales of Waldorf Astoria Condos and More Asia Real Estate Headlines

Wu Xiaohui Anbang

2019/06/12 by James Hatton Leave a Comment

A scandal-ridden mainland insurance company leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the Beijing-based firm is ready to brave New York’s luxury condo downturn with a plan to launch sales of… Read More>>

A scandal-ridden mainland insurance company leads the way in Mingtiandi’s roundup of Asia real estate headlines today … Read more>>>

Pan Sutong Goldin

Goldin Forfeits HK$25M Deposit to Walk Away From Record Kai Tak Land Purchase

Pan Sutong Goldin

2019/06/11 by Michael Cole Leave a Comment

Goldin Financial is abandoning its HK$11.1 billion ($1.41 billion) purchase of a commercial site on the former runway of Hong Kong’s Kai Tak airport, citing the city’s economic and social instability as motivation for its decision.

The aborted land buy… Read More>>

Goldin Financial is abandoning its HK$11.1 billion ($1.41 billion) purchase of a commercial site on the former runway of … Read more>>>

Lucas Loh CapitaLand

CapitaLand Sells 3 China Shopping Malls to REIT for $430M

Lucas Loh CapitaLand

2019/06/11 by James Hatton Leave a Comment

CapitaLand has entered into an agreement to offload three mainland community malls to CapitaLand Retail China Trust (CRCT) for RMB 2.96 billion ($430 million), according to an announcement to the Singapore stock exchange.

This is the second divestment of China… Read More>>

CapitaLand has entered into an agreement to offload three mainland community malls to CapitaLand Retail China Trust … Read more>>>

sherman kwek cdl

Kwek Family Net Worth Jumps $166M in 1 Day and More Asia Real Estate Headlines

sherman kwek cdl

2019/06/11 by James Hatton Leave a Comment

Property dynasties lead the way in Mingtiandi’s roundup of Asia real estate headlines today with news that the net worth of Singapore’s richest family jumped $166 million in a single day following a deal to buy out a London-listed hotel… Read More>>

Property dynasties lead the way in Mingtiandi’s roundup of Asia real estate headlines today with news that the net worth … Read more>>>

Israel Englander

NYC Hedge Fund Takes HK$170 Per Square Foot Lease in Central’s IFC

Israel Englander

2019/06/10 by Jan Kot Leave a Comment

Hundreds of thousands of people may be marching in Hong Kong’s streets and the famously expensive housing market has started looking shaky, but international financiers are still leasing pricey offices in Central, so at least its business as usual in… Read More>>

Hundreds of thousands of people may be marching in Hong Kong's streets and the famously expensive housing market has … Read more>>>

Savills Notches HK$1.9B Sheung Wan Office Tower Sale and More Agency Wins Mingtiandi Broker Battle

2019/06/10 by James Hatton Leave a Comment

A trio of investment transactions in Hong Kong leads the way in Mingtiandi’s latest list of brokerage wins with Savills brokering the sale of a 32-storey office tower in Sheung Wan for HK$1.9 billion, while Cushman and Wakefield negotiated the… Read More>>

A trio of investment transactions in Hong Kong leads the way in Mingtiandi’s latest list of brokerage wins with Savills … Read more>>>

Asia Real Estate People in the News 2019-06-10

2019/06/10 by James Hatton 1 Comment

In this week’s edition of People in the News, it’s farewell to an old campaigner who saw out nearly two decades at China’s largest commercial developer, while one of the global property agencies takes the wraps off of its new… Read More>>

In this week’s edition of People in the News, it’s farewell to an old campaigner who saw out nearly two decades at … Read more>>>

sherman kwek CDL

CDL Makes £776M Buyout Offer for Millennium & Copthorne Hotels

sherman kwek CDL

2019/06/09 by James Hatton Leave a Comment

City Developments Limited has launched a £776 million ($989 million) takeover bid for London-listed Millennium and Copthorne Hotels (M&C) that values the Airbnb-challenged hotel chain at £2.2 billion, according to an announcement by the publicly listed flagship of the Hong… Read More>>

City Developments Limited has launched a £776 million ($989 million) takeover bid for London-listed Millennium and … Read more>>>

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