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Kwee Liong Tek Pontiac

Property Tycoons Dominate Singapore’s Billionaire League with $43.7B in Riches

Kwee Liong Tek Pontiac

2018/03/12 by Greg Isaacson Leave a Comment

Singapore’s 2018 crop of 22 billionaires include 16 real estate tycoons with a total fortune of $43.7 billion, which grew nearly 10 percent from last year, according to the latest Forbes rich list.

The 2018 ranking by the media company… Read More>>

Singapore's 2018 crop of 22 billionaires include 16 real estate tycoons with a total fortune of $43.7 billion, which … Read more>>>

HNA Chen Feng

HNA Group Sells Kai Tak Site to Hong Kong’s Wheelock for $811M

HNA Chen Feng

2018/03/11 by Shawna Kwan Leave a Comment

Cash-strapped HNA has grabbed another lifeline from a Hong Kong developer to help crawl its way out of debts estimated at $100 billion. In the latest attempt to bail out its balance sheet, the Hainan-based conglomerate agreed to sell one… Read More>>

Cash-strapped HNA has grabbed another lifeline from a Hong Kong developer to help crawl its way out of debts estimated … Read more>>>

Nicolas Moreau Deutsche AM

Deutsche AM Sells Dalian Office Tower to China Life

Nicolas Moreau Deutsche AM

2018/03/10 by Greg Isaacson Leave a Comment

Deutsche Asset Management has sold Xiwang Tower, a grade A office building in the northeastern Chinese city of Dalian, to mainland financial services giant China Life. The asset management arm of Deutsche Bank disposed of the 40-storey, grade A tower… Read More>>

Deutsche Asset Management has sold Xiwang Tower, a grade A office building in the northeastern Chinese city of Dalian, … Read more>>>

Guy Bradley

Swire Adds Residential Project To Its Miami Portfolio

Guy Bradley

2018/03/10 by Shawna Kwan Leave a Comment

Hong Kong-based developer Swire Properties is expanding its US footprint by teaming up with a Colombian businessman to build a condo tower across the street from its Brickell City Centre project in downtown Miami.

Swire will develop a 72,000 square… Read More>>

Hong Kong-based developer Swire Properties is expanding its US footprint by teaming up with a Colombian businessman to … Read more>>>

Justin O'Connor Savills IM

Savills IM Targets $500M for New Japan Fund and More Asia Real Estate Headlines

Justin O'Connor Savills IM

2018/03/10 by Greg Isaacson Leave a Comment

At the top of today’s news, a global real estate investment manager is seeking to raise $500 million for a new property fund targetting major cities in Japan, while another investment heavyweight has picked up an office building in downtown… Read More>>

At the top of today's news, a global real estate investment manager is seeking to raise $500 million for a new property … Read more>>>

Kerry Logistics

Kerry Logistics Said Hawking HK$12B Shed Horde and More Hong Kong Real Estate Headlines

Kerry Logistics

2018/03/10 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, Kerry Logistics is said to be marketing a portfolio of 12 warehouses in the city at an asking price of up to HK$12 billion, and a Guangzhou developer has snatched up an aging… Read More>>

Leading today’s Hong Kong real estate news, Kerry Logistics is said to be marketing a portfolio of 12 warehouses in the … Read more>>>

John Lim ara

ARA Pays $317M to Add Australia’s Cromwell Property to Global Footprint

John Lim ara

2018/03/09 by Shawna Kwan Leave a Comment

Singapore-based real estate fund manager ARA Asset Management is continuing a global growth strategy by acquiring a 19.5 percent stake in an Aussie real estate investment manager, just a week after announcing a new platform for investments in Europe.

The… Read More>>

Singapore-based real estate fund manager ARA Asset Management is continuing a global growth strategy by acquiring a 19.5 … Read more>>>

Liu Qiangdong JD.com

JD.com Takes Cornerstone Stake in IPO of First China Outlet Mall REIT

Liu Qiangdong JD.com

2018/03/09 by Shawna Kwan Leave a Comment

Chinese e-commerce giant JD.com continues to expand its brick-and-mortar empire, building on its existing ventures in physical supermarkets and convenience stores by taking a cornerstone stake in the IPO of one of the mainland’s largest outlet mall chains.

JD.com is… Read More>>

Chinese e-commerce giant JD.com continues to expand its brick-and-mortar empire, building on its existing ventures in … Read more>>>

Yuan Yafei Sanpower

Sanpower Selling House of Fraser After Launching Just Two Stores in Four Years

Yuan Yafei Sanpower

2018/03/09 by Greg Isaacson Leave a Comment

China’s Sanpower Group is poised to sell a majority stake in troubled UK retailer House of Fraser, less than four years after the Nanjing-based conglomerate bought an 89 percent interest in the department store chain.

Sanpower subsidiary Nanjing Cenbest (Nanjing… Read More>>

China's Sanpower Group is poised to sell a majority stake in troubled UK retailer House of Fraser, less than four years … Read more>>>

Vincent Lo Shui On

Shui On Sees Sales Slump in First Two Months of 2018 and More Asia Real Estate Headlines

Vincent Lo Shui On

2018/03/09 by Greg Isaacson Leave a Comment

At the top of today’s news, Shanghai-based Shui On Land didn’t sell off any projects in the first two months of the year, causing some dismal looking results for the Xintiandi developer. There’s better news in Singapore, which was ranked… Read More>>

At the top of today's news, Shanghai-based Shui On Land didn't sell off any projects in the first two months of the … Read more>>>

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