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Walter Kwok Grabs HK$6B Clubhouse and More Hong Kong Real Estate Headlines

2018/02/13 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, former Sung Hung Kai chairman Walter Kwok has put down HK$6 billion to redevelop a 50-year-old clubhouse, and a project headed by a former sidekick of Richard Li has started selling off office… Read More>>

Leading today’s Hong Kong real estate news, former Sung Hung Kai chairman Walter Kwok has put down HK$6 billion to … Read more>>>

HNA Chen Feng

HNA Grabs $3.2B Loan Lifeline From China CITIC Bank

HNA Chen Feng

2018/02/12 by Shawna Kwan Leave a Comment

HNA Group is said to have missed loan payments to China CITIC Bank in December, but that reported financial stumble didn’t stop the state-owned lender from handing its struggling client a new RMB 20 billion ($3.2 billion) credit facility last… Read More>>

HNA Group is said to have missed loan payments to China CITIC Bank in December, but that reported financial stumble … Read more>>>

Ping An-Backed Outlet Mall Developer Plans $453M Singapore REIT IPO

2018/02/12 by Shawna Kwan Leave a Comment

Chinese retail developer and operator Sasseur Group, which is backed by Ping An Real Estate and Warburg Pincus, plans to cash in on its collection of four mainland outlet malls by listing a real estate investment trust on the Singapore… Read More>>

Chinese retail developer and operator Sasseur Group, which is backed by Ping An Real Estate and Warburg Pincus, plans to … Read more>>>

Asia Real Estate People in the News 2018-02-12

2018/02/12 by Greg Isaacson Leave a Comment

Capital markets dominate this week’s people moves, with a seasoned real estate executive joining a Singaporean private equity firm as portfolio manager, and the CEO of a REIT manager stepping down. A serviced office brand has just welcomed a leasing… Read More>>

Capital markets dominate this week's people moves, with a seasoned real estate executive joining a Singaporean private … Read more>>>

Jeff Perlman Warburg Pincus

Warburg Pincus Teams with VN Developer for $200M Industrial JV

Jeff Perlman Warburg Pincus

2018/02/12 by Greg Isaacson Leave a Comment

Global private equity firm Warburg Pincus is teaming up with Vietnamese state-owned builder Becamex IDC Corp to create the largest logistics and industrial real estate developer in the country, with an investment of over $200 million.

The new venture, BW… Read More>>

Global private equity firm Warburg Pincus is teaming up with Vietnamese state-owned builder Becamex IDC Corp to create … Read more>>>

CapitaLand and Friends Break Ground on 51-Storey Downtown Singapore Tower

2018/02/12 by Greg Isaacson Leave a Comment

CapitaLand has broken ground on a 51-storey, mixed-use skyscraper in downtown Singapore that will provide futuristic offices, serviced apartments and amenities from food stalls to a four-storey tropical garden upon completion in 2021.

The integrated development will bring 635,000 square… Read More>>

CapitaLand has broken ground on a 51-storey, mixed-use skyscraper in downtown Singapore that will provide futuristic … Read more>>>

Teresa Zhuge GLP

GLP Forms $1.6B China Value-Add Warehouse Fund with China Life

Teresa Zhuge GLP

2018/02/11 by Greg Isaacson Leave a Comment

Asia’s largest warehouse developer is teaming up with state-owned insurer China Life to form a new RMB 10 billion ($1.6 billion) value-add fund targetting logistics opportunities in China.

The vehicle marks the first China value-add fund for Singapore-based Global Logistic… Read More>>

Asia's largest warehouse developer is teaming up with state-owned insurer China Life to form a new RMB 10 billion ($1.6 … Read more>>>

Samuel WT Chu and Benjamin KY Lee

Phoenix Property Investors Said Buying Queen’s Road Office Space For HK$442M

Samuel WT Chu and Benjamin KY Lee

2018/02/10 by Shawna Kwan Leave a Comment

Hong Kong-based Phoenix Property Investors is reported to have invested HK$442 million ($56.5 million) to purchase commercial space in the lower floors of the V Heun Building in Central, according to an account in local newspaper Mingpao.

The latest reported… Read More>>

Hong Kong-based Phoenix Property Investors is reported to have invested HK$442 million ($56.5 million) to purchase … Read more>>>

Singapore’s Suntec City Hopes to Hook Up With 3 Mil Mainland Visitors Via Jack Ma’s Alipay

2018/02/10 by Shawna Kwan Leave a Comment

Nearly three million mainland visitors showed up in Singapore during the first 11 months of last year, and one of the city’s biggest shopping centres is angling to capture more of that PRC cash through a tie-up with Jack Ma’s… Read More>>

Nearly three million mainland visitors showed up in Singapore during the first 11 months of last year, and one of the … Read more>>>

Merlin Swire

Swire Family Scion Replacing Slosar as Chair of Blue-Chip Hong Kong Developer

Merlin Swire

2018/02/10 by Shawna Kwan Leave a Comment

Merlin Swire will take over as chairman of blue chip Hong Kong developer Swire Properties as the sixth-generation Swire family scion moves into the top role for the Swire Pacific group, as well as its real estate and aircraft divisions.

… Read More>>

Merlin Swire will take over as chairman of blue chip Hong Kong developer Swire Properties as the sixth-generation Swire … Read more>>>

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