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Law Firm Flees Hong Kong’s The Center for Wanchai as Office Rents Keep Climbing

2018/09/18 by Emma Zhou Leave a Comment

Offshore incorporation specialists Maples and Calder, are giving up the 53rd floor of The Center on Hong Kong’s Queen’s Road, as yet another international company flees the world-leading rents of Hong Kong’s Central district.

The law firm’s new home will… Read More>>

Offshore incorporation specialists Maples and Calder, are giving up the 53rd floor of The Center on Hong Kong’s Queen’s … Read more>>>

Jordan Kostelac

JLL Appoints APAC Proptech Director in Hong Kong

Jordan Kostelac

2018/09/18 by Michael Cole Leave a Comment

JLL has appointed Jordan Kostelac as its new Director of Proptech in Asia Pacific as the international property consultancy continues to carry the flag for technical innovation in real estate in the region.

“With proptech start-ups in Asia Pacific receiving… Read More>>

JLL has appointed Jordan Kostelac as its new Director of Proptech in Asia Pacific as the international property … Read more>>>

Lin Zhuo Yan Hsin Chong

Greenland Group Said in Talks to Buy HK’s Hsin Chong and More Asia Real Estate Headlines

Lin Zhuo Yan Hsin Chong

2018/09/18 by Michael Cole Leave a Comment

Shanghai’s largest developer may be expanding its Hong Kong presence with the purchase of one of the SAR’s oldest construction companies. Also in the news today, the Beijing government seems committed to upping the housing supply in China’s capital and… Read More>>

Shanghai’s largest developer may be expanding its Hong Kong presence with the purchase of one of the SAR’s oldest … Read more>>>

rachel lai

Asia Real Estate People in the News 2018-09-17

rachel lai

2018/09/18 by Michael Cole Leave a Comment

With the real estate world getting ready for the sprint to the end of 2018, there are still a few professionals jockeying for new positions across Asia as we pass the mid-point in September. This week a CapitaLand veteran takes… Read More>>

With the real estate world getting ready for the sprint to the end of 2018, there are still a few professionals … Read more>>>

Wang Jianlin Wanda

Wanda Sells $600M Stake in AMC as Investment Retreat Continues

Wang Jianlin Wanda

2018/09/18 by Jan Kot 1 Comment

Wang Jianlin’s Dalian Wanda trimmed off another slice of the billionaire’s fading overseas empire last week when the property-to-entertainment conglomerate reached a $600 million agreement to hand over a stake in AMC Entertainment to private equity firm Silver Lake.

According… Read More>>

Wang Jianlin’s Dalian Wanda trimmed off another slice of the billionaire’s fading overseas empire last week when the … Read more>>>

Zhang Yuliang Greenland

$14.6B Greenland Suzhou Project to Merge AI with Apartments

Zhang Yuliang Greenland

2018/09/18 by Emma Zhou 2 Comments

Greenland Group has signed a strategic cooperation agreement with the Suzhou government to invest over RMB 100 billion ($14.55 billion) into a series of real estate projects pegged to promote artificial intelligence, high technology and new buildings in the eastern… Read More>>

Greenland Group has signed a strategic cooperation agreement with the Suzhou government to invest over RMB 100 billion … Read more>>>

Fosun chairman Guo Guangchang

Fosun in Talks to Invest $495M in German Wholesaler Metro

Fosun chairman Guo Guangchang

2018/09/18 by Matt Haldane Leave a Comment

Chinese investment firm Fosun International is reportedly in talks to to buy a 426 million euro ($495 million) stake in German food wholesaler Metro AG, unnamed sources told Bloomberg. With Metro’s current market capitalization of 4.85 billion euros, Fosun would… Read More>>

Chinese investment firm Fosun International is reportedly in talks to to buy a 426 million euro ($495 million) stake in … Read more>>>

anbang sales

Anbang Sells Securities Brokerage for $519M and More Asia Real Estate Headlines

anbang sales

2018/09/17 by Michael Cole Leave a Comment

Downturns, debt and slowdowns lead the region’s real estate news today as southern China tries to dry out from the weekend typhoon and checks to see if all the windows are still in place. Once mighty Anbang has raised $519… Read More>>

Downturns, debt and slowdowns lead the region’s real estate news today as southern China tries to dry out from the … Read more>>>

HNA Chen Feng

HNA ‘Toying With Default’ as Chinese Conglomerate Misses Payment on RMB 300M Loan

HNA Chen Feng

2018/09/17 by Matt Haldane 1 Comment

HNA Group defaulted on a RMB 300 million ($43.82 million) principal of a loan on September 10, Hunan Trust announced on its website. The financial failure is the latest blow for the indebted conglomerate, which sold more than $17 billion… Read More>>

HNA Group defaulted on a RMB 300 million ($43.82 million) principal of a loan on September 10, Hunan Trust announced on … Read more>>>

tan shu lin OUE

OUE Selling OUE Downtown Offices to OUE C-REIT for S$908m

tan shu lin OUE

2018/09/16 by Jan Kot Leave a Comment

Property developer OUE is selling the office component of its 1.24 million square foot (115,000 square metre) OUE Downtown complex to OUE Commercial Real Estate Investment Trust (OUE C-REIT) for S$908 million ($661 million), according to a recent announcement by… Read More>>

Property developer OUE is selling the office component of its 1.24 million square foot (115,000 square metre) OUE … Read more>>>

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