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Evergrande Buys Tuen Mun Site from Henderson for Reported $844M

2018/01/23 by Shawna Kwan Leave a Comment

Mainland homebuilder Evergrande has purchased a 1,982-unit residential site in Hong Kong’s Tuen Mun area from Henderson Land Development, according to information from the city’s company registry.

China’s second-largest developer by sales is now the owner of the project company… Read More>>

Mainland homebuilder Evergrande has purchased a 1,982-unit residential site in Hong Kong’s Tuen Mun area from Henderson … Read more>>>

Sigrid Zialcita

Singapore Office Rents Expected to Surge 25% in Two Years, Leading Asia Pacific

Sigrid Zialcita

2018/01/23 by Greg Isaacson Leave a Comment

Singapore office rents are projected to surge by over 25 percent from 2017 through 2019, leading the pack among Asia Pacific markets and more than twice as fast as downtown Hong Kong, according to Cushman & Wakefield.

The forecasts by… Read More>>

Singapore office rents are projected to surge by over 25 percent from 2017 through 2019, leading the pack among Asia … Read more>>>

Rob Speyer Tishman

GIC, Tishman Said Selling India Project for $314M and More Asia Real Estate Headlines

Rob Speyer Tishman

2018/01/23 by Greg Isaacson Leave a Comment

At the top of today’s pan-Asian grab bag of headlines, Singapore’s sovereign wealth fund and a leading US developer are reportedly looking to sell a joint venture office project in one of India’s tech clusters. Also in the news, Hong… Read More>>

At the top of today's pan-Asian grab bag of headlines, Singapore's sovereign wealth fund and a leading US developer are … Read more>>>

Regus Takes 2 Floors at Gaw’s Kwun Tong Project and More Hong Kong Real Estate Headlines

2018/01/23 by Shawna Kwan Leave a Comment

The continuing rise of flexible office providers leads Hong Kong’s real estate news again today as Regus is said to take up two floors in a former industrial building in the Kwun Tong area of Kowloon East. Also in the… Read More>>

The continuing rise of flexible office providers leads Hong Kong's real estate news again today as Regus is said to take … Read more>>>

Wang Jianlin Wanda

Wanda Reports 11% Revenue Drop in 2017 as Wang Jianlin Scales Back His Empire

Wang Jianlin Wanda

2018/01/22 by Greg Isaacson Leave a Comment

Dalian Wanda Group saw its revenue tumble by nearly 11 percent last year as the Chinese conglomerate retreated from its global investment and diversification drive to focus on its core property business.

The group’s operating revenues for 2017 dropped 10.8%… Read More>>

Dalian Wanda Group saw its revenue tumble by nearly 11 percent last year as the Chinese conglomerate retreated from its … Read more>>>

schwarzman blackstone HNA Chen Feng

Blackstone Chief Presents Brand of the Year Award to HNA

schwarzman blackstone HNA Chen Feng

2018/01/22 by Michael Cole Leave a Comment

Chinese conglomerate HNA has faced a barrage of bad news lately, as four of its mainland-listed companies halted trading and the once super-buyer has now turned high-interest borrower.

There was at least a ray of sunshine for the airlines to… Read More>>

Chinese conglomerate HNA has faced a barrage of bad news lately, as four of its mainland-listed companies halted trading … Read more>>>

Wanlin Liu Carlyle Group

Asia Real Estate People in the News 2018-01-22

Wanlin Liu Carlyle Group

2018/01/22 by Greg Isaacson Leave a Comment

Co-working leads this week’s roundup of people moves, with an executive taking charge of regional sales for one of China’s leading shared office brands. A global private equity firm with exposure to the Asian property sector has just named a… Read More>>

Co-working leads this week's roundup of people moves, with an executive taking charge of regional sales for one of … Read more>>>

Nick Loup Grosvenor

Hermès Said Selling Floor in Hong Kong’s The Galleria to Chelsfield for $115M

Nick Loup Grosvenor

2018/01/22 by Shawna Kwan Leave a Comment

British property developer Chelsfield is said to be buying the ground floor of The Galleria, a shopping centre in Hong Kong’s Central commercial hub, from French luxury brand Hermès for HK$900 million ($115 million), according to a local media report.

… Read More>>

British property developer Chelsfield is said to be buying the ground floor of The Galleria, a shopping centre in Hong … Read more>>>

Far East Finance Centre

$73M Office Floor Sets New Price Record in HK’s Admiralty

Far East Finance Centre

2018/01/22 by Shawna Kwan Leave a Comment

A high floor of Hong Kong’s Far East Finance Centre in Admiralty has sold for HK$568 million ($72.6 million) to local developer Circle Property Development, according to media reports.

The 41-storey grade A office building is situated on the eastern… Read More>>

A high floor of Hong Kong’s Far East Finance Centre in Admiralty has sold for HK$568 million ($72.6 million) to local … Read more>>>

Chen Shuang China Everbright

Goodman Sells Mainland Logistics Portfolio to China Everbright PE Division

Chen Shuang China Everbright

2018/01/21 by Greg Isaacson Leave a Comment

Australian industrial developer Goodman Group has sold a portfolio of seven Chinese logistics assets to the real estate private equity arm of China Everbright Limited. While no financial terms were disclosed, the deal for around nine percent of Goodman’s total… Read More>>

Australian industrial developer Goodman Group has sold a portfolio of seven Chinese logistics assets to the real estate … Read more>>>

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