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Shu Ceceng Wuzhou

Mainland Developer Misses $204M in Bond Payments and More Asia Real Estate Headlines

Shu Ceceng Wuzhou

2018/10/05 by Michael Cole Leave a Comment

Defaults, sheds and empty Japanese office buildings lead today’s collection of real estate headlines from around Asia as we finish off the first week of October. At the top of our list is a struggling Jiangsu developer that just can’t… Read More>>

Defaults, sheds and empty Japanese office buildings lead today’s collection of real estate headlines from around Asia as … Read more>>>

Pony Ma Tencent

Tencent, Hillhouse Agree to $145M O2O Retail Deal With Miniso

Pony Ma Tencent

2018/10/05 by Emma Zhou Leave a Comment

Tencent and Hillhouse Capital have signed a RMB 1 billion ($145.6 million) strategic investment agreement with Japanese-style retailer Miniso, according to an announcement by the Guangzhou-based company on Monday.

“The investment of Tencent and Hillhouse Capital will help the future… Read More>>

Tencent and Hillhouse Capital have signed a RMB 1 billion ($145.6 million) strategic investment agreement with … Read more>>>

Lee Shau-Kee Henderson

Henderson Land Gets $930M Offer for Office Building in HK’s Central

Lee Shau-Kee Henderson

2018/10/05 by Emma Zhou Leave a Comment

Henderson Land Development has reportedly received a HK$7.3 billion ($930 million) offer from an undisclosed financial group for the FWD Financial Centre, a grade A office building at the western fringe of the city’s Central district, according to a source… Read More>>

Henderson Land Development has reportedly received a HK$7.3 billion ($930 million) offer from an undisclosed financial … Read more>>>

Payson Cha Hanison

CapitaLand Sells HK Serviced Apartment Building to Hanison for $93M

Payson Cha Hanison

2018/10/04 by Emma Zhou Leave a Comment

Hong Kong real estate developer Hanison Construction on Wednesday announced to the Hong Kong Exchange that it has agreed to purchase a serviced apartment building in Hong Kong’s Sai Ying Pun area for HK$730 million ($93 million).

Hanison, which is… Read More>>

Hong Kong real estate developer Hanison Construction on Wednesday announced to the Hong Kong Exchange that it has agreed … Read more>>>

Guo Guangchang Fosun

Fosun Acquires London’s Royal Exchange for £45M

Guo Guangchang Fosun

2018/10/04 by Oliver Jones Leave a Comment

Fosun International added another iconic London property to its portfolio on Wednesday, with its majority-owned Resolution Property acquiring the Royal Exchange in the City of London, media reported on Wednesday.

The transaction price for the 16th century financial landmark was £45… Read More>>

Fosun International added another iconic London property to its portfolio on Wednesday, with its majority-owned … Read more>>>

Christina Gaw

Gaw Teams with Korean Investors for £36M London Office Buy

Christina Gaw

2018/10/04 by Oliver Jones Leave a Comment

Gaw Capital Partners has agreed to acquire 4 and 5 Harbour Exchange in London for GBP 36.2 million ($47 million) the Hong Kong-based private equity firm said in a joint announcement on Wednesday with vendor Clearbell Capital.

A spokesperson for Gaw… Read More>>

Gaw Capital Partners has agreed to acquire 4 and 5 Harbour Exchange in London for GBP 36.2 million ($47 million) the … Read more>>>

Wheelock Place

Wheelock Wins Bid to Privatise SG Unit and More Asia Real Estate Headlines

Wheelock Place

2018/10/04 by Michael Cole Leave a Comment

Hong Kong’s Wheelock Properties has crossed the finish line in its bid to privatise its Singapore-listed subsidiary, less than three months after offering to buy out the underperforming stock. Meanwhile up in China, the battle for a slice of the… Read More>>

Hong Kong’s Wheelock Properties has crossed the finish line in its bid to privatise its Singapore-listed subsidiary, … Read more>>>

Lucas Loh CapitaLand

CapitaLand Invests $20M to Bring Co-Working to Prime SG Towers

Lucas Loh CapitaLand

2018/10/03 by Emma Zhou Leave a Comment

CapitaLand on Tuesday announced its “office of the future” strategy, which aims to integrate co-working style “flexible office space” into the developer’s traditional commercial projects. The Singaporean real estate giant says it is already at work implementing the new strategy… Read More>>

CapitaLand on Tuesday announced its “office of the future” strategy, which aims to integrate co-working style “flexible … Read more>>>

xu jiayin one

Evergrande’s Calxon Spends RMB 595M to Expand Movie Theatre Business

xu jiayin one

2018/10/03 by Emma Zhou Leave a Comment

Just over two years after spending $554 million to acquire Shenzhen-listed China Calxon Group, the mainland’s second-largest developer by sales may have finally found a use for the company once thought to give Xu Jiayin’s real estate giant a back-door… Read More>>

Just over two years after spending $554 million to acquire Shenzhen-listed China Calxon Group, the mainland's … Read more>>>

Mapletree Bay point

Cigna Flees HK Island Office Rents With Move to Mapletree Kowloon Project

Mapletree Bay point

2018/10/03 by Emma Zhou Leave a Comment

Cigna Worldwide Life Insurance has become the latest multinational to flee the rising costs of Hong Kong island office space for Kowloon’s more budget-friendly shores, according to local media reports.

The US-based insurer is set to become neighbours with HSBC… Read More>>

Cigna Worldwide Life Insurance has become the latest multinational to flee the rising costs of Hong Kong island office … Read more>>>

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