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Jimmy Phua CPPIB

CPPIB Selling China Mall Holdings to Dajia Insurance to Net $163M in Proceeds

Jimmy Phua CPPIB

2025/01/05 by Michael Cole Leave a Comment

A decade after forming its first joint venture with Longfor Properties, the Canada Pension Plan Investment Board (CPPIB) is selling its near-half stake in four projects with the mainland developer as it trims its exposure to commercial real estate in… Read More>>

A decade after forming its first joint venture with Longfor Properties, the Canada Pension Plan Investment Board (CPPIB) … Read more>>>

William Huang GDS

Chinese Data Centre Giant GDS Relaunches International Unit as DayOne

William Huang GDS

2025/01/05 by Mingtiandi Team Leave a Comment

The overseas business of one of China’s largest data centre operators announced its relaunch under a new brand on Wednesday, positioning the unit of Shanghai-based GDS Holdings as an independent group.

Now dubbed DayOne, the former GDS International describes itself… Read More>>

The overseas business of one of China’s largest data centre operators announced its relaunch under a new brand on … Read more>>>

Martin Lee Ka-shing Henderson Land Development

Henderson Land Prepares to Add to Mid-Levels Site in Hong Kong

Martin Lee Ka-shing Henderson Land Development

2025/01/05 by Christopher Caillavet Leave a Comment

Hong Kong heavyweight Henderson Land has applied for the compulsory sale of an ageing apartment block in the city’s Mid-Levels, aiming to add the asset to a redevelopment site with two already-acquired adjacent buildings.

The blue-chip builder holds 69.23 percent… Read More>>

Hong Kong heavyweight Henderson Land has applied for the compulsory sale of an ageing apartment block in the city’s … Read more>>>

Andrew Moore, Schroders

Schroders Marketing Commercial Floor at Kowloon Complex After Cancelled Auction

Andrew Moore, Schroders

2025/01/05 by Christopher Caillavet Leave a Comment

Fund manager Schroders is having another crack at selling a Hong Kong commercial floor after a planned auction last year failed to take place.

The third floor of the Harbourfront Landmark, a residential and commercial complex in Kowloon’s Hung Hom… Read More>>

Fund manager Schroders is having another crack at selling a Hong Kong commercial floor after a planned auction last year … Read more>>>

URA chief executive officer Lim Eng Hwee

Singapore Private Home Prices Surge in Q4 on Rate Cuts, 3-5% 2025 Growth Predicted

URA chief executive officer Lim Eng Hwee

2025/01/05 by Mingtiandi Team Leave a Comment

Prices for private homes in Singapore rose 2.3 percent in the fourth quarter of 2024, posting the strongest quarterly price growth of 2024 and reversing the previous period’s 1.1 percent decline, according to flash estimates released Thursday by the country’s… Read More>>

Prices for private homes in Singapore rose 2.3 percent in the fourth quarter of 2024, posting the strongest quarterly … Read more>>>

MTR chief executive Jacob Kam

Hong Kong’s MTR Faces Shortfall on Property Slump and More Asia Real Estate Headlines

MTR chief executive Jacob Kam

2025/01/04 by Michael Cole Leave a Comment

Hong Kong’s MTR Corp leads the Friday edition of our headline roundup, as the transit-oriented developer seeks to plug budget holes with measures that could include asset sales. Also making news, a Chinese AI firm reduces its Singapore office footprint… Read More>>

Hong Kong’s MTR Corp leads the Friday edition of our headline roundup, as the transit-oriented developer seeks to plug … Read more>>>

Jack Ma (Getty Images)

Alibaba Selling Hypermarket Operator Sun Art to DCP Capital for $1.6B

Jack Ma (Getty Images)

2025/01/02 by Christopher Caillavet Leave a Comment

The new year finds Alibaba Group continuing its retreat from brick-and-mortar retail, with the e-commerce giant on Wednesday announcing plans to sell its controlling stake in Chinese hypermarket operator Sun Art for HK$12.3 billion ($1.6 billion).

The buyer of the… Read More>>

The new year finds Alibaba Group continuing its retreat from brick-and-mortar retail, with the e-commerce giant on … Read more>>>

152 Queen's Road Central

Commercial Building in Hong Kong’s Central Trades for $140M After Bank Pressure

152 Queen's Road Central

2025/01/02 by Christopher Caillavet Leave a Comment

A commercial tower in Hong Kong’s prime Central district has changed hands for HK$1.1 billion ($140 million) in a distressed sale, according to market sources who spoke to Mingtiandi.

The 28-storey building at 152 Queen’s Road Central traded at HK$18,197… Read More>>

A commercial tower in Hong Kong’s prime Central district has changed hands for HK$1.1 billion ($140 million) in a … Read more>>>

Seoul Korea GettyImages

Seoul Apartment Prices End 40-Week Climb and More Asia Real Estate Headlines

Seoul Korea GettyImages

2025/01/02 by Michael Cole Leave a Comment

Seoul apartment prices were flat in the waning days of 2024 to snap a 40-week growth streak, with that story leading today’s headline roundup. Also in the news, Hong Kong home sales are poised to gather pace after hitting a… Read More>>

Seoul apartment prices were flat in the waning days of 2024 to snap a 40-week growth streak, with that story leading … Read more>>>

Hirohisa Fujimoto of Hilton

Speaker Bio: Hirohisa Fujimoto of Hilton MTD TV Productions

Hirohisa Fujimoto of Hilton

2025/01/01 by Mingtiandi Team Leave a Comment

Hiro joined the Hilton Tokyo Regional Office in January 2009 as Director of Development for Japan. He has been responsible for driving the expansion of the pipeline for 23 brands under Hilton, including Hilton Hotels & Resorts, Conrad Hotels &… Read More>>

Hiro joined the Hilton Tokyo Regional Office in January 2009 as Director of Development for Japan. He has been … Read more>>>

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