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Causeway Bay Shop Loses 14% of Value in Two Years and More Hong Kong Real Estate Headlines

2018/01/11 by Channing Huang Leave a Comment

Heading today’s Hong Kong news roundup, a shop space in the Causeway Bay retail hub has changed hands for a bundle of money — more, in fact, than the asking price for another shop in the New Territories that’s 25… Read More>>

Heading today's Hong Kong news roundup, a shop space in the Causeway Bay retail hub has changed hands for a bundle of … Read more>>>

GIC, CPPIB Partner with Cortland in $550M US Multifamily Deal

2018/01/10 by Greg Isaacson Leave a Comment

For the second time in one week, Singapore’s sovereign wealth fund GIC has teamed up with Canadian pension giant CPPIB to buy up residential properties in the US, via a $550 million deal for multifamily assets primarily in the country’s… Read More>>

For the second time in one week, Singapore's sovereign wealth fund GIC has teamed up with Canadian pension giant CPPIB … Read more>>>

Credit Suisse Says Housing Market Cooling Down and More Hong Kong Real Estate Headlines

2018/01/10 by Channing Huang Leave a Comment

After a year of sizzling price increase, Hong Kong’s housing market leads the news today with signs of a cool down. Also in the headlines, a strata-titled office floor has changed hands and the city’s housing crisis may get some… Read More>>

After a year of sizzling price increase, Hong Kong's housing market leads the news today with signs of a cool down. Also … Read more>>>

Benett Theseira

BlackRock Buys Pair of Shanghai Office Buildings From PGIM for RMB 1.2B

Benett Theseira

2018/01/10 by Shawna Kwan Leave a Comment

PGIM Real Estate, a property investment affiliate of Prudential Financial, has sold two buildings at Waterfront Place, an office property in Shanghai’s Putuo District to Blackrock according to JLL which advised PGIM on the disposal.

The US alternative investment giant… Read More>>

PGIM Real Estate, a property investment affiliate of Prudential Financial, has sold two buildings at Waterfront Place, … Read more>>>

K11 ObEN Adrian Cheng

New World’s K11 Invests $10M in AI Startup and More Asia Real Estate Headlines

K11 ObEN Adrian Cheng

2018/01/10 by Michael Cole Leave a Comment

Tales of China retail lead today’s news as one of Hong Kong’s biggest developers invests $10 million into an artificial intelligence startup, while a Beijing mall converts a whole floor into co-working space. A key cog in China’s Belt-and-Road initiative… Read More>>

Tales of China retail lead today’s news as one of Hong Kong’s biggest developers invests $10 million into an artificial … Read more>>>

Playboy TV

Gaw Capital Partners Buys Former Playboy Studio in Los Angeles

Playboy TV

2018/01/10 by Shawna Kwan Leave a Comment

Asia’s sexiest real estate investment firm is taking a risqué bet with its latest US investment as Gaw Capital Partners buys a facility formerly used to produce videos of Playboy bunnies.

The Hong Kong-based private equity firm has purchased a… Read More>>

Asia’s sexiest real estate investment firm is taking a risqué bet with its latest US investment as Gaw Capital Partners … Read more>>>

Woon Pin Chong joins Franklin Real Asset Advisors as MD for APAC

2018/01/10 by Greg Isaacson Leave a Comment

Woon Pin Chong has joined Franklin Real Asset Advisors (FRAA), a division of US investment giant Franklin Templeton Investments, as managing director for the Asia Pacific region.

Based in Singapore, Chong heads up the company’s Asia Pacific investment team, driving… Read More>>

Woon Pin Chong has joined Franklin Real Asset Advisors (FRAA), a division of US investment giant Franklin Templeton … Read more>>>

WeWork’s Chinese Nemesis Leases First Hong Kong Space

2018/01/09 by Shawna Kwan Leave a Comment

The Chinese co-working startup formerly known as UrWork, has reportedly leased a full floor at Grand Millennium Plaza in Sheung Wan, preparing to open its first shared office centre just minutes away from Hong Kong’s Central business hub.

Now going… Read More>>

The Chinese co-working startup formerly known as UrWork, has reportedly leased a full floor at Grand Millennium Plaza in … Read more>>>

Ng Kiat Mapletree

Mapletree Logistics Trust Buys Out Hong Kong Project for $78M

Ng Kiat Mapletree

2018/01/09 by Shawna Kwan Leave a Comment

Singapore-listed Mapletree Logistics Trust is acquiring the remaining 38 percent of a logistics property in Sha Tin for HK$610 million ($78 million) and will now fully own the strata-titled distribution facility in the residential and industrial district of Hong Kong’s… Read More>>

Singapore-listed Mapletree Logistics Trust is acquiring the remaining 38 percent of a logistics property in Sha Tin for … Read more>>>

Greenland e-sports

Greenland Bets on E-Sports Arenas And More Asia Real Estate Headlines

Greenland e-sports

2018/01/09 by Greg Isaacson Leave a Comment

Today’s news roundup takes a detour into China’s booming e-sports scene, with top-six mainland developer Greenland pledging to build stadiums and theme parks across the country’s biggest cities to cater to legions of computer gaming fanatics. Another top property group… Read More>>

Today's news roundup takes a detour into China's booming e-sports scene, with top-six mainland developer Greenland … Read more>>>

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