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Chen Feng HNA

HNA’s CWT International Defaults on HK$1.4B Loan

Chen Feng HNA

2019/04/17 by Jan Kot Leave a Comment

CWT International (CWTI), a unit of Chinese conglomerate HNA Group announced on Tuesday that it had defaulted on a HK$1.4 billion ($179 million) loan it received less than seven months ago — an event which its creditors say could lead… Read More>>

CWT International (CWTI), a unit of Chinese conglomerate HNA Group announced on Tuesday that it had defaulted on a … Read more>>>

Liu Chengcheng One Hennessy

New HK Office Leases Drop 30% in March and More Asia Real Estate Headlines

Liu Chengcheng One Hennessy

2019/04/17 by Jan Kot Leave a Comment

China’s first quarter surge of liquidity is already helping to boost mainland home prices, but relief may not yet have spread beyond its borders, judging by reports from around the region this week. In Hong Kong, a paucity of mainland… Read More>>

China’s first quarter surge of liquidity is already helping to boost mainland home prices, but relief may not yet have … Read more>>>

Mark Dixon IWG

Regus Parent IWG Sells Japan Business for £320M in Shift to Franchise Model

Mark Dixon IWG

2019/04/16 by Michael Cole Leave a Comment

IWG, the parent company for Regus has agreed to sell its Japanese business for £320 million ($446 million) as the flexible office provider shifts toward a franchise model.

The London-listed firm is selling 100 percent of the equity in the… Read More>>

IWG, the parent company for Regus has agreed to sell its Japanese business for £320 million ($446 million) as the … Read more>>>

Yu Zhisheng Tahoe

Tahoe Exec Linked to Gangster Buyer of Hong Kong Tower Detained in Shenzhen

Yu Zhisheng Tahoe

2019/04/16 by Jan Kot Leave a Comment

A senior executive of Fuzhou-based property developer Tahoe Group is said to have been detained since last week for reasons suspected to be linked to the earlier arrest of the chairman of Shenzhen-based China Create Capital, according to local Chinese… Read More>>

A senior executive of Fuzhou-based property developer Tahoe Group is said to have been detained since last week for … Read more>>>

31 Queen Street Melbourne

AEW Buys Melbourne Office Tower for A$200M and More Asia Real Estate Headlines

31 Queen Street Melbourne

2019/04/16 by Michael Cole Leave a Comment

Events in Australia, India and Japan command top coverage in Asia’s real estate industry today with US fund manager AEW adding a Melbourne office tower to its portfolio down under, while warehouse giant ESR takes on another Tokyo area project… Read More>>

Events in Australia, India and Japan command top coverage in Asia’s real estate industry today with US fund manager AEW … Read more>>>

Wee Cho Yaw

Singapore’s UOL Pays S$675.3M to Buy Out Marina Bay Partners

Wee Cho Yaw

2019/04/15 by Michael Cole Leave a Comment

Listed developer UOL and its subsidiary, United Industrial Corp (UIC), have agreed to pay S$675.3 million ($499.26 million) to take 100 percent ownership of the Marina Square shopping centre and the Marina Mandarin hotel in Singapore.

The pair of companies… Read More>>

Listed developer UOL and its subsidiary, United Industrial Corp (UIC), have agreed to pay S$675.3 million ($499.26 … Read more>>>

Ben Keswick Jardine Matheson

Jardine-Backed Yonghui Buys Controlling Stake in Wuhan Retailer for RMB 559M

Ben Keswick Jardine Matheson

2019/04/15 by Jan Kot Leave a Comment

Jardine Matheson-backed Yonghui Superstores is to become the controlling shareholder in central China regional supermarket chain Zhongbai Holdings Group in a deal valued at RMB 559 million ($83.2 million), according to a Shanghai Stock Exchange filing.

Yonghui is offering RMB… Read More>>

Jardine Matheson-backed Yonghui Superstores is to become the controlling shareholder in central China regional … Read more>>>

vickie zheng JLL

Asia Real Estate People in the News 2019-04-15

vickie zheng JLL

2019/04/15 by Michael Cole Leave a Comment

Brokers, facility managers and marketing folks lead Mingtiandi’s list of personnel changes in Asia’s real estate world this week as a Jardines Matheson Group veteran takes over responsibilities for the Hong Kong conglomerate’s web of Hong Kong retail shops and… Read More>>

Brokers, facility managers and marketing folks lead Mingtiandi’s list of personnel changes in Asia’s real estate world … Read more>>>

Ronnie Chan Hang Lung

Hang Lung Plans HK$2.6B North Point Project and More Hong Kong Headlines

Ronnie Chan Hang Lung

2019/04/14 by Dorothy Ma Leave a Comment

The world’s most expensive real estate market never stops moving and in this week’s roundup of Hong Kong stories, we bring you all the events that didn’t make its way into Mingtiandi’s breaking news coverage last week. We lead the… Read More>>

The world’s most expensive real estate market never stops moving and in this week’s roundup of Hong Kong stories, we … Read more>>>

zhang wei china create capital

Buyer of HK$9.95B Henderson Project in Hong Kong Arrested for ‘Mafia Practices’

zhang wei china create capital

2019/04/13 by Jan Kot Leave a Comment

China Create Capital Ltd burst into the headlines early last year when the little-known investment firm purchased a Hong Kong office building from Henderson Land for HK$9.95 billion ($1.27 billion).

Now the Shenzhen-based financial firm, which purchased the 22-storey office… Read More>>

China Create Capital Ltd burst into the headlines early last year when the little-known investment firm purchased a Hong … Read more>>>

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