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Blackstone-Embassy India REIT IPO 2.5 Times Subscribed and More Asia Real Estate Headlines

2019/03/21 by Nina Suebsukcharoen Leave a Comment

India, Hong Kong and Singapore all had their own happy stories today, leading with the Blackstone-Embassy REIT being oversubscribed on the last day of its IPO. In Hong Kong, the city’s biggest developer saw its former co-chairman released from jail… Read More>>

India, Hong Kong and Singapore all had their own happy stories today, leading with the Blackstone-Embassy REIT being … Read more>>>

Lee Shau Kee Henderson Land

Lee Shau Kee Proposes Handing Over Control of Henderson Land to Sons

Lee Shau Kee Henderson Land

2019/03/20 by Michael Cole Leave a Comment

Lee Shau Kee, chairman of Henderson Land Development and one of Hong Kong’s wealthiest men, proposes to step down from his role at the head of the company that he founded, according to an announcement today to the Hong Kong… Read More>>

Lee Shau Kee, chairman of Henderson Land Development and one of Hong Kong’s wealthiest men, proposes to step down from … Read more>>>

Fang.com chairman Vincent Mo

China’s Top 100 Developers Grabbed 58% of the Real Estate Market in 2018

Fang.com chairman Vincent Mo

2019/03/20 by Jan Kot Leave a Comment

Growth in China’s real estate market slowed in 2018, due to tighter credit and stricter policies, but the changing environment may have been tougher on smaller developers than on the largest builders, according to new research released this week.

A… Read More>>

Growth in China's real estate market slowed in 2018, due to tighter credit and stricter policies, but the changing … Read more>>>

Tencent Watsons

Tencent Said Vying to Buy $3B Watsons Stake and More Asia Real Estate Headlines

Tencent Watsons

2019/03/20 by Nina Suebsukcharoen Leave a Comment

Retail leads the way today in Mingtiandi’s collection of real estate news from around the region, as the parent company of China’s ubiquitous WeChat app is said to be aiming for a $3 billion stake in Li Ka-shing’s Watsons chain,… Read More>>

Retail leads the way today in Mingtiandi's collection of real estate news from around the region, as the parent company … Read more>>>

JR AMC Lee Bang-Joo

Korea’s Hana, JR AMC Buy Paris Office Block From Tishman Speyer for $194M

JR AMC Lee Bang-Joo

2019/03/19 by Michael Cole Leave a Comment

Korean investors continue to raise their profile in cross-border real estate investment as JR AMC has purchased an office building in France from Tishman Speyer for KRW 220 billion ($194 million) according to reports in the Korean press.

The Seoul-based… Read More>>

Korean investors continue to raise their profile in cross-border real estate investment as JR AMC has purchased an … Read more>>>

Patu Keswani

Warburg Pincus-Backed Lemon Tree Buys Indian Rival Keys Hotels

Patu Keswani

2019/03/19 by Jan Kot Leave a Comment

Warburg Pincus-backed Lemon Tree Hotels has entered into a preliminary agreement to purchase Keys Hotels, a unit of New York’s Berggruen Hotels, according to a stock exchange filing by the New Delhi-based company.

Should the transaction take place, it would… Read More>>

Warburg Pincus-backed Lemon Tree Hotels has entered into a preliminary agreement to purchase Keys Hotels, a unit of New … Read more>>>

country garden Jiangxi

Country Garden Eyes Smaller Cities for Growth and More Asia Real Estate Headlines

country garden Jiangxi

2019/03/19 by Nina Suebsukcharoen Leave a Comment

China’s top two property developers are going in different directions with Country Garden seeing its future in small cities and counties while Evergrande is increasing its investment in the electric car market. Meanwhile Club Med is planning to open a… Read More>>

China’s top two property developers are going in different directions with Country Garden seeing its future in small … Read more>>>

Ankur Gupta Brookfield

Brookfield Buying India’s Leela Hotels for $576M

Ankur Gupta Brookfield

2019/03/19 by Michael Cole Leave a Comment

Canada’s Brookfield Asset Management has agreed to purchase a set of four hotels, a hospitality development project and branding rights to one of India’s elite hotel chains from Hotel Leela Venture for INR 39.5 billion ($576 million), according to a… Read More>>

Canada’s Brookfield Asset Management has agreed to purchase a set of four hotels, a hospitality development project and … Read more>>>

Lui Chong Chee

Far East Orchard Buys UK Student Housing Assets for £55M

Lui Chong Chee

2019/03/18 by Jan Kot Leave a Comment

Singapore-listed property developer Far East Orchard Limited has added three freehold student housing properties to its UK portfolio in a 622-bed deal worth £55 million ($72.96 million), according to a company statement.

The subsidiary of property giant Far East Organization… Read More>>

Singapore-listed property developer Far East Orchard Limited has added three freehold student housing properties to its … Read more>>>

Sammi Lim

Asia Real Estate People in the News 2019-03-18

Sammi Lim

2019/03/18 by Michael Cole Leave a Comment

Hotels and co-living have been gaining attention around the region as competition heats up in more mainstream real estate sectors, a trend which may be reflected in the top level appointments which lead Mingtiandi’s collection of people on the move… Read More>>

Hotels and co-living have been gaining attention around the region as competition heats up in more mainstream real … Read more>>>

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