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Lal L. Chellaram

Angelo, Gordon and Chellarams Buy 9 Floors of Kwun Tong Building For HK$2.5B

Lal L. Chellaram

2018/01/21 by Shawna Kwan Leave a Comment

Real estate fund manager Angelo, Gordon & Co and the family behind the Chellaram trading and transport firm have recently paid HK$2.5 billion ($320 million) for nine floors in an office building in the Kwun Tong area of Hong Kong’s… Read More>>

Real estate fund manager Angelo, Gordon & Co and the family behind the Chellaram trading and transport firm have … Read more>>>

LaSalle Opens 10th China Warehouse in Beijing

2018/01/20 by Greg Isaacson Leave a Comment

LaSalle Investment Management has opened its tenth logistics project in China, a 56,000 square metre warehouse and distribution facility in Beijing. The new launch brings LaSalle’s portfolio of completed logistics warehouse space in the country to 720,000 square metres, as… Read More>>

LaSalle Investment Management has opened its tenth logistics project in China, a 56,000 square metre warehouse and … Read more>>>

Lucas Lo Similan

Macau Businessman Pegged as Buyer of Pamfleet’s $217M Bonham Circus

Lucas Lo Similan

2018/01/20 by Shawna Kwan Leave a Comment

The mysterious buyer of the $217 million Bonham Circus building in Sheung Wan — a deal which Mingtiandi covered earlier this week — has now been revealed. Macau businessman Lucas Lo, chairman of Similan Group, along with other investors, is… Read More>>

The mysterious buyer of the $217 million Bonham Circus building in Sheung Wan -- a deal which Mingtiandi covered earlier … Read more>>>

PNB chairman Tan Sri Abdul Wahid Omar

Malaysian Funds Buy London’s Battersea for $2.2B and More Asia Real Estate Headlines

PNB chairman Tan Sri Abdul Wahid Omar

2018/01/20 by Greg Isaacson Leave a Comment

Leading today’s news roundup, a pair of Malaysian state-backed funds are buying London’s Battersea Power Station regeneration project in one of Britain’s biggest-ever property deals. Again. Speaking of the UK, a Shanghai-headquartered private equity firm just got the go-ahead to… Read More>>

Leading today's news roundup, a pair of Malaysian state-backed funds are buying London's Battersea Power Station … Read more>>>

Kwun Tong Housing Site Draws 24 Bids and More Hong Kong Real Estate Headlines

2018/01/20 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate headlines, a residential site in Kwun Tong that could be worth up to HK$3.4 billion brought in two dozen bids from a roster of heavyweights including CK Asset, Sun Hung Kai Properties and Henderson… Read More>>

Leading today’s Hong Kong real estate headlines, a residential site in Kwun Tong that could be worth up to HK$3.4 … Read more>>>

Ben Keswick Jardine Matheson

Hongkong Land Buys $745M Nanjing Site for $1.9B Commercial Complex

Ben Keswick Jardine Matheson

2018/01/18 by Shawna Kwan Leave a Comment

Hongkong Land on Wednesday won a tender to develop a plot of commercial land in Nanjing, the capital of eastern China’s Jiangsu province, for RMB 4.8 billion ($745 million). The Hong Kong developer best known for The Landmark complex in… Read More>>

Hongkong Land on Wednesday won a tender to develop a plot of commercial land in Nanjing, the capital of eastern China’s … Read more>>>

Li Ka-shing

Seven of Hong Kong’s Ten Richest People are Real Estate Developers and They Own Half the City

Li Ka-shing

2018/01/18 by Shawna Kwan Leave a Comment

Seven of Hong Kong’s ten wealthiest people and almost half of the city’s top billionaires made their fortunes in real estate, according to the latest annual ranking of the city’s 50 richest people by Forbes.

Thanks to a roaring real… Read More>>

Seven of Hong Kong’s ten wealthiest people and almost half of the city’s top billionaires made their fortunes in real … Read more>>>

Yan Jianguo

China Overseas Land Buys Suburban Beijing Site For RMB 5.5B

Yan Jianguo

2018/01/18 by Shawna Kwan Leave a Comment

Top-ten mainland developer China Overseas Land and Investment (COLI) has purchased a 175,114 square metre mixed-use site in northern Beijing for RMB 5.45 billion ($847 million), according to official announcements following the government auction.

The site in Shahezhen town in… Read More>>

Top-ten mainland developer China Overseas Land and Investment (COLI) has purchased a 175,114 square metre mixed-use site … Read more>>>

Huang Xiangmo Yuhu Group

Wanda Close To Selling Aussie Projects and More Asia Real Estate Headlines

Huang Xiangmo Yuhu Group

2018/01/18 by Greg Isaacson Leave a Comment

Leading the news today, Dalian Wanda Group continues to unwind its overseas property empire, with reports emerging that the Chinese conglomerate is close to selling its flagship Australian projects — and the buyer could be a controversial mainland developer. Things… Read More>>

Leading the news today, Dalian Wanda Group continues to unwind its overseas property empire, with reports emerging that … Read more>>>

China Home Prices Rise in 57 of 70 Cities After First-Tier Markets Frozen

2018/01/18 by Shawna Kwan Leave a Comment

Home prices are rising across China, but smaller cities are getting most of the action, the latest official data shows.

New home prices, excluding government-subsidized housing, rose in 57 out of 70 cities nationwide in December, according to figures from… Read More>>

Home prices are rising across China, but smaller cities are getting most of the action, the latest official data … Read more>>>

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