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cs logistics centre Kwai Chung

HK Industrial Project Sells for $98M on Way to Becoming Data Centre

cs logistics centre Kwai Chung

2018/08/15 by Amie Cheng Leave a Comment

The redevelopment trend in Hong Kong’s largest logistics hub continues to heat up as an unnamed investor bought a 53,000 square metre industrial facility at 2-16 Lam Tin Street in Kwai Chung district for HK$770 million ($98 million), according to… Read More>>

The redevelopment trend in Hong Kong’s largest logistics hub continues to heat up as an unnamed investor bought a 53,000 … Read more>>>

Donald Trump

Trump Said Forcing HNA to Sell $463M NYC Office Tower

Donald Trump

2018/08/14 by Michael Cole Leave a Comment

HNA has already sold more than $17 billion in assets in 2018, but even that hypersonic rate of disposals may not be fast enough for the US government, which is now said to have given the Chinese conglomerate an ultimatum… Read More>>

HNA has already sold more than $17 billion in assets in 2018, but even that hypersonic rate of disposals may not be fast … Read more>>>

denis ma JLL

First Mortgage Rate Hike in 12 Years Ends Cheap Borrowing Era in Hong Kong

denis ma JLL

2018/08/14 by Emma Zhou Leave a Comment

After 12 years of enjoying rock-bottom interest rates, mortgage-holders in the world’s most expensive city in which to buy a home saw their days of cheap financing come to an abrupt end this past week as some 13 banks announced… Read More>>

After 12 years of enjoying rock-bottom interest rates, mortgage-holders in the world’s most expensive city in which to … Read more>>>

MyDreamPlus founders Mengfei Wen, Wenlei Li and Xiaolu Wang

Hillhouse, General Atlantic Lead $120M in Funding for WeWork China Challenger

MyDreamPlus founders Mengfei Wen, Wenlei Li and Xiaolu Wang

2018/08/14 by Richard Meyer Leave a Comment

WeWork challenger MyDreamPlus has raised $120 million in a Series C funding exercise involving six investors, including venture capital players Hillhouse Capital Management and General Atlantic.

The C-round was the Beijing-based company’s fourth and largest funding exercise so far, bringing… Read More>>

WeWork challenger MyDreamPlus has raised $120 million in a Series C funding exercise involving six investors, including … Read more>>>

Rohan A'Beckett

Asia Real Estate People in the News 2018-08-14

Rohan A'Beckett

2018/08/14 by Michael Cole Leave a Comment

Among this week’s set of real estate executives grabbing new jobs, the asset management division of a Swiss bank adds a senior member to its Singapore team, while a warehouse developer affiliated with tech billionaire Jack Ma could be tipping… Read More>>

Among this week’s set of real estate executives grabbing new jobs, the asset management division of a Swiss bank adds a … Read more>>>

Chen Feng HNA

HNA Agrees to Sell Radisson Hotel Group to Jin Jiang for Reported $2B

Chen Feng HNA

2018/08/11 by Emma Zhou Leave a Comment

Two years after acquiring the Minnesota-based hotel group now known as Radisson Hospitality, Hainan-based conglomerate HNA has agreed to sell off its interest in the 1,400 venue hotel chain to a consortium led by Shanghai-based Jin Jiang International Holdings, according… Read More>>

Two years after acquiring the Minnesota-based hotel group now known as Radisson Hospitality, Hainan-based conglomerate … Read more>>>

Suyi Kim CPPIB

CPPIB Invests in $500M ESR South Korea Logistics Fund

Suyi Kim CPPIB

2018/08/11 by Richard Meyer Leave a Comment

The Canada Pension Plan Investment Board (CPPIB) announced this week that it is investing in a new $500 million investment fund targeting South Korean logistics assets in cooperation with ESR and its Korean subsidiary, Kendall Square Asset Management.

The deal… Read More>>

The Canada Pension Plan Investment Board (CPPIB) announced this week that it is investing in a new $500 million … Read more>>>

Adam Neumann Wework

WeWork Raises $1B From Softbank and More Asia Real Estate Headlines

Adam Neumann Wework

2018/08/11 by Michael Cole Leave a Comment

Shared office giant WeWork leads the news again today as Japan’s Softbank decides to wager another $1 billion that leasing offices on a retail basis will continue to be a growth industry. Also in the news, a UK sports retailer… Read More>>

Shared office giant WeWork leads the news again today as Japan’s Softbank decides to wager another $1 billion that … Read more>>>

Victor Li CK Asset

CK Asset Wins Tender for HK$38B MTR Project in HK’s Wong Chuk Hang

Victor Li CK Asset

2018/08/09 by Michael Cole Leave a Comment

Victor Li’s CK Asset Holdings has won the tender for a 1.5 million square foot (139,000 square metre) project in Hong Kong’s Wong Chuk Hang area, according to an announcement today by the city’s MTR Corporation, which sold the combined… Read More>>

Victor Li’s CK Asset Holdings has won the tender for a 1.5 million square foot (139,000 square metre) project in Hong … Read more>>>

IKEA India

IKEA Opens First India Store in Hyderabad and More Asia Real Estate Headlines

IKEA India

2018/08/09 by Michael Cole Leave a Comment

India looms large in the region’s real estate world today as the subcontinent gets its first IKEA shop, and one of the country’s biggest landlords unveils a 1.1 million square metre lease just before it launches India’s first REIT with… Read More>>

India looms large in the region’s real estate world today as the subcontinent gets its first IKEA shop, and one of the … Read more>>>

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