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Keppel-KBS US REIT David Snyder

Keppel-KBS US REIT Buys Seattle Business Campus for $169M

Keppel-KBS US REIT David Snyder

2018/09/25 by Emma Zhou Leave a Comment

Keppel-KBS US REIT on Monday announced that has agreed to buy a 21 building business park in Washington state, picking up the commercial assets some 15 minutes’ drive from Microsoft’s home office in Seattle for $175.7 million including fees of… Read More>>

Keppel-KBS US REIT on Monday announced that has agreed to buy a 21 building business park in Washington state, picking … Read more>>>

Wang Menghui MOHURD

China’s Guangdong Province Mulls Ban on Condo Pre-Sales in Latest Blow to Developers

Wang Menghui MOHURD

2018/09/25 by Jan Kot Leave a Comment

Guangdong province is calling for the cancellation of a decades-long property pre-sale system that has played a primary role in supporting China’s real estate developers.

The provincial branch of China’s Ministry of Housing and Urban-Rural Development (MOHURD) issued a notice… Read More>>

Guangdong province is calling for the cancellation of a decades-long property pre-sale system that has played a primary … Read more>>>

Shu Qi

Shu Qi Sells $2.2M Hong Kong Home at a Loss and More Asia Real Estate Headlines

Shu Qi

2018/09/25 by Michael Cole Leave a Comment

Movie star Shu Qi is a familiar face representing products from shampoo to long underwear in China, now the actress may become a symbol of Hong Kong’s sliding housing market as news of her loss-making home sale leads today’s headline… Read More>>

Movie star Shu Qi is a familiar face representing products from shampoo to long underwear in China, now the actress may … Read more>>>

sameer sain everstone

GLP Partners with CPPIB, IndoSpace to Enter India Logistics Market

sameer sain everstone

2018/09/25 by Michael Cole Leave a Comment

Singapore’s GLP jointly announced a long-term partnership with India’s largest industrial real estate company, IndoSpace, on Monday, September 24th.

GLP will partner with IndoSpace across fund management as well as developing and operating logistics assets. It will also co-invest in… Read More>>

Singapore’s GLP jointly announced a long-term partnership with India’s largest industrial real estate company, … Read more>>>

Phil Pearce ESR

Logistics Group ESR Launches $505M Bid for Australia’s PropertyLink

Phil Pearce ESR

2018/09/24 by Jan Kot Leave a Comment

Warburg Pincus-backed ESR has made a $505 million all-cash offer for Sydney-based real estate investment manager Propertylink, according to an announcement to the Australian stock exchange late last week.

The Pan-Asian warehouse investment platform’s Australian arm, is offering A$1.15 per… Read More>>

Warburg Pincus-backed ESR has made a $505 million all-cash offer for Sydney-based real estate investment manager … Read more>>>

Evergrande Guanghui

Evergrande Invests $2.1B in World’s Biggest BMW Dealer

Evergrande Guanghui

2018/09/24 by Emma Zhou Leave a Comment

China’s second largest property developer, Evergrande, is buying a 41 percent stake in Guanghui Group, a Xinjiang-based company that owns the world’s biggest chain of BMW dealerships and operates 737 auto retail facilities nationwide.

According to a stock exchange disclosure… Read More>>

China’s second largest property developer, Evergrande, is buying a 41 percent stake in Guanghui Group, a Xinjiang-based … Read more>>>

jacky mak Goodman

Asia Real Estate People in the News 2018-09-24

jacky mak Goodman

2018/09/24 by Michael Cole Leave a Comment

Hotel and logistics professionals dominate our list of who’s secured a new job in the region, as senior level players from Intercontinental Hotels, Goodman and Ping An make an appearance, and there’s even a place for an executive formerly in… Read More>>

Hotel and logistics professionals dominate our list of who’s secured a new job in the region, as senior level players … Read more>>>

Don Taylor Swire

JLL Moving Hong Kong Office to Swire’s One Taikoo Place in Quarry Bay

Don Taylor Swire

2018/09/24 by Emma Zhou Leave a Comment

JLL, the world’s second largest property consultancy by revenue, announced on Thursday that it would pack up its office in the city’s traditional business centre of Admiralty and move to One Taikoo Place in Quarry Bay next year.

The Chicago-based… Read More>>

JLL, the world’s second largest property consultancy by revenue, announced on Thursday that it would pack up its office … Read more>>>

Liu Qiangdong jd.com

JD.com Pledges to Open 1000 High Tech Supermarkets Within Five Years

Liu Qiangdong jd.com

2018/09/23 by Emma Zhou Leave a Comment

China’s second largest e-commerce retailer JD.com is planning to open 1,000 online to offline supermarkets in the next three to five years, stepping up its competition with Alibaba and Tencent to dominate the mainland grocery business.

Wang Xiaosong, CEO of… Read More>>

China’s second largest e-commerce retailer JD.com is planning to open 1,000 online to offline supermarkets in the next … Read more>>>

Toshihiro Toyoshima, chairman of Spring REIT

HK-Listed Spring REIT Buys Guangdong Mall From Huamao Property for $241M

Toshihiro Toyoshima, chairman of Spring REIT

2018/09/23 by Jan Kot Leave a Comment

Spring Real Estate Investment Trust has acquired its first retail asset in China as the Hong Kong-listed REIT announced late last week that it has agreed to purchase a shopping mall just north of Shenzhen for RMB 1.65 billion ($241… Read More>>

Spring Real Estate Investment Trust has acquired its first retail asset in China as the Hong Kong-listed REIT announced … Read more>>>

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