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Asia Real Estate People in the News 2018-02-05

2018/02/05 by Greg Isaacson Leave a Comment

At the top of this week’s edition of People in the News, an award-winning hotel designer has joined the hospitality team of the world’s largest design firm in Shanghai, and a fast-growing Thai developer has just hired a residential pro… Read More>>

At the top of this week's edition of People in the News, an award-winning hotel designer has joined the hospitality team … Read more>>>

AI-Driven Store is All Done After Abbreviated Debut in Chengdu

2018/02/05 by Shawna Kwan Leave a Comment

While artificial intelligence and facial recognition may be the road ahead for physical retail, the promise of online efficiency and future growth may not yet have made it to Chengdu, at least for one retailer.

GOGO unmanned market, the first… Read More>>

While artificial intelligence and facial recognition may be the road ahead for physical retail, the promise of online … Read more>>>

Longfor Co-Founder’s Junson Capital Buying $800M in US Hotels From MassMutual’s Barings

2018/02/04 by Shawna Kwan Leave a Comment

Hong Kong-based Junson Capital, a private equity real estate investment firm controlled by Longfor Properties co-founder Cai Kui is buying a portfolio of US hotels from MassMutual’s Barings subsidiary for as much as $800 million, according to media reports.

Barings’… Read More>>

Hong Kong-based Junson Capital, a private equity real estate investment firm controlled by Longfor Properties co-founder … Read more>>>

Zhang Yuliang

Greenland Group Said Hawking LA Hotel for $280M Amid US Pullback

Zhang Yuliang

2018/02/04 by Greg Isaacson Leave a Comment

China’s Greenland Group is reportedly shopping the hotel within its flagship mixed-use project on the US west coast only 10 months after it opened, in the latest sign of overseas strains for the state-owned property firm.

Greenland USA, the company’s… Read More>>

China's Greenland Group is reportedly shopping the hotel within its flagship mixed-use project on the US west coast only … Read more>>>

Samsung SRA Returns to City of London with $457M Office Buy

2018/02/04 by Shawna Kwan Leave a Comment

Korean institutional investors have chalked up another cross-border property deal, with a unit of Samsung buying a London office building for an estimated price of up to £320 million ($457 million).

Samsung SRA Asset Management, the real estate investment arm… Read More>>

Korean institutional investors have chalked up another cross-border property deal, with a unit of Samsung buying a … Read more>>>

Guo Shuqing CBRC

China’s CBRC Warns on Using M&A Loans for Land Grabs

Guo Shuqing CBRC

2018/02/04 by Shawna Kwan Leave a Comment

China’s banking watchdog is clamping down on lending for land deals in Shanghai, amid a central government campaign to deleverage the property sector. A circular recently issued by the Shanghai branch of the China Banking Regulatory Commission (CBRC) has warned… Read More>>

China’s banking watchdog is clamping down on lending for land deals in Shanghai, amid a central government campaign to … Read more>>>

Stella Shui Sam Wa

China’s Hengmao Takes Hit on Lucky Melbourne Deal and More Asia Real Estate Headlines

Stella Shui Sam Wa

2018/02/04 by Greg Isaacson Leave a Comment

There’s good news and bad news in today’s real estate roundup, starting with a Chinese developer taking a loss on a Melbourne office that it bought for the supposedly lucky price of A$88,888,888. Some cities in northern Britain aren’t so… Read More>>

There's good news and bad news in today's real estate roundup, starting with a Chinese developer taking a loss on a … Read more>>>

HNA Chen Feng

HNA Seeks to Borrow $2B From Developers and More Hong Kong Real Estate Headlines

HNA Chen Feng

2018/02/04 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, cash-strapped HNA is said to be in talks with developers including Sun Hung Kai Properties for a loan of up to $2 billion. Also in the headlines, banks’ loans to property developers rose… Read More>>

Leading today’s Hong Kong real estate news, cash-strapped HNA is said to be in talks with developers including Sun Hung … Read more>>>

Edward Cheng Wing Tai

Wing Tai Sells Wan Chai Commercial Building to Winland for HK$2.85B

Edward Cheng Wing Tai

2018/02/01 by Shawna Kwan Leave a Comment

Hong Kong-based Wing Tai Properties has sold off a commercial building in the city’s Wan Chai area for HK$2.85 billion ($364 million) to local property investment firm Winland Group, according to an announcement by Wing Tai today to the Hong… Read More>>

Hong Kong-based Wing Tai Properties has sold off a commercial building in the city’s Wan Chai area for HK$2.85 billion … Read more>>>

Hongkong Land and Central Group Buy UK Embassy Site in Bangkok for $595M

2018/02/01 by Shawna Kwan 2 Comments

Thanks to its chummy relations with the UK’s colonial-era governments, developer Hongkong Land owns much of the prime real estate in the former British colony that it calls home. Now that the sun has set on Britain’s empire in the… Read More>>

Thanks to its chummy relations with the UK’s colonial-era governments, developer Hongkong Land owns much of the prime … Read more>>>

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