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685 Third Ave NYC

TH Real Estate, Future Fund Sell NYC Tower to Japan’s Unizo and More Asia Real Estate Headlines

685 Third Ave NYC

2017/10/14 by Michael Cole Leave a Comment

Japan pops to the top of today’s real estate headlines as TH Real Estate and Australia’s Future Fund jointly sell off a Manhattan tower to a Japanese buyer. Also in the news, a Chinese government program to subsidize housing is… Read More>>

Japan pops to the top of today’s real estate headlines as TH Real Estate and Australia’s Future Fund jointly sell off a … Read more>>>

Douglas Woo Wheelock

Wharf Sells Kowloon East Office Project to Mainland Group for $1.2B

Douglas Woo Wheelock

2017/10/12 by Greg Isaacson 1 Comment

Hong Kong’s Kwun Tong district has chalked up another landmark transaction, with Wheelock subsidiary Wharf Group selling a waterfront office tower project to mainland developer LVGEM for HK$9 billion ($1.2 billion), in one of the biggest real estate deals in… Read More>>

Hong Kong's Kwun Tong district has chalked up another landmark transaction, with Wheelock subsidiary Wharf Group selling … Read more>>>

yang huiyan country garden2

Country Garden’s Yang Huiyan Helps Boot Wang Jianlin From Top of China Rich List

yang huiyan country garden2

2017/10/12 by Greg Isaacson Leave a Comment

Country Garden’s Yang Huiyan has vaulted onto the top 10 list of China’s richest individuals, while Wanda boss Wang Jianlin was dethroned by Evergrande’s Xu Jiayin for the number one spot, according to the latest annual ranking published by the… Read More>>

Country Garden's Yang Huiyan has vaulted onto the top 10 list of China's richest individuals, while Wanda boss Wang … Read more>>>

Chen Feng HNA

China Sanctions HNA for Related Party Deals and More Asia Real Estate Headlines

Chen Feng HNA

2017/10/12 by Michael Cole Leave a Comment

China’s cross-border investors continue to draw regulatory ire today, as the country’s insurance regulator slaps HNA for using its insurance division as a slush fund. Also in the news, Tujia.com raises a war chest for its own international expansion, and… Read More>>

China’s cross-border investors continue to draw regulatory ire today, as the country’s insurance regulator slaps HNA for … Read more>>>

Vincent Lo Shui On

Shui On Sells 49% Stake in Shanghai KIC Project for $443M

Vincent Lo Shui On

2017/10/11 by Greg Isaacson Leave a Comment

Shui On has agreed to sell a 49 percent stake in its mixed-use Knowledge and Innovation Community (KIC) project in Shanghai for RMB 2.95 billion ($443.1 million), as chairman Vincent Lo continues to bail out the developer’s balance sheet.

Through… Read More>>

Shui On has agreed to sell a 49 percent stake in its mixed-use Knowledge and Innovation Community (KIC) project in … Read more>>>

Banyan Tree

Singapore’s Banyan Tree Plans First Hotel in Singapore and More Asia Real Estate Headlines

Banyan Tree

2017/10/11 by Michael Cole Leave a Comment

Hotels, hospitals and apartments dominate today’s real estate stories from around the region as Singapore’s best-known resort operator decides to open its first resort in its home city, a co-living operator reveals a mainland expansion plan, and a Shenzhen-based developer… Read More>>

Hotels, hospitals and apartments dominate today’s real estate stories from around the region as Singapore’s best-known … Read more>>>

Zhu Mengyi Hopson Development

Hopson JV Sells Beijing Office Tower for $553M, Books 9% Loss

Zhu Mengyi Hopson Development

2017/10/11 by Greg Isaacson Leave a Comment

A joint venture invested by Hopson Development and mainland asset manager, BMI Funds Ltd, has agreed to sell a Beijing office tower for RMB 3.67 billion ($552.6 million), according to an announcement by the Hong Kong-listed mainland developer.

Hopson, which holds… Read More>>

A joint venture invested by Hopson Development and mainland asset manager, BMI Funds Ltd, has agreed to sell a Beijing … Read more>>>

Nine Hong Kong Bidders Compete for $1.4B Site in City’s Central District

2017/10/10 by Greg Isaacson Leave a Comment

A prime commercial site in Hong Kong’s Central area may sell for up to HK$11 billion ($1.41 billion), after drawing nine bids from local developers in a tender that closed on Monday.

The city’s Urban Renewal Authority (URA) announced that… Read More>>

A prime commercial site in Hong Kong's Central area may sell for up to HK$11 billion ($1.41 billion), after drawing nine … Read more>>>

Martijn van Eldik JLL

Exclusive: JLL Hires Former Morgan Stanley Exec to Run APAC Fund Advisory

Martijn van Eldik JLL

2017/10/10 by Michael Cole Leave a Comment

JLL has hired former Morgan Stanley Real Estate Investing executive Martijn van Eldik as its Head of Funds Advisory for Asia Pacific, the global property consultancy revealed to Mingtiandi today. Van Eldik’s appointment comes as the company grows its capital… Read More>>

JLL has hired former Morgan Stanley Real Estate Investing executive Martijn van Eldik as its Head of Funds Advisory for … Read more>>>

Property Link Shed

ESR Snaps Up 15% Stake in Aussie Fund Manager and More Asia Real Estate Headlines

Property Link Shed

2017/10/10 by Michael Cole Leave a Comment

Warehouses lead the region’s real estate news again today as logistics developer e-Shang Redwood appears to be making a long-awaited expansion into the Aussie market. The Warburg Pincus-backed shed group has now bought into two industrial-focused Australian property groups since… Read More>>

Warehouses lead the region’s real estate news again today as logistics developer e-Shang Redwood appears to be making a … Read more>>>

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