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Singapore’s CDL Offers to Buy Out Millennium & Copthorne Hotels in $822M Deal

2017/10/10 by Greg Isaacson Leave a Comment

Singaporean property heavyweight City Developments Limited (CDL) has offered to buy out the outside investors in its Millennium & Copthorne Hotels, in a deal that values the London-listed global hotelier at £1.8 billion ($2.4 billion).

CDL, which already holds a… Read More>>

Singaporean property heavyweight City Developments Limited (CDL) has offered to buy out the outside investors in its … Read more>>>

Bosco Law

Hong Kong’s Laws Group Buys Kowloon East Site for $178M

Bosco Law

2017/10/09 by Greg Isaacson Leave a Comment

Hong Kong’s Kowloon East business district has just received another shot in the arm, with Laws Group scooping up an ageing industrial building in the rising commercial area for HK$1.39 billion ($178.1 million). The family owned conglomerate says it plans… Read More>>

Hong Kong's Kowloon East business district has just received another shot in the arm, with Laws Group scooping up an … Read more>>>

Asia Real Estate People in the News 2017-10-09

2017/10/09 by Greg Isaacson Leave a Comment

With more than 705 million Chinese hitting the road during last week’s National Day holiday, now is a good time to take stock of the regional real estate pros who have recently moved into new jobs. Heading this week’s edition… Read More>>

With more than 705 million Chinese hitting the road during last week's National Day holiday, now is a good time to take … Read more>>>

China’s UrWork to Open US Co-Working Beachhead in LA This Month

2017/10/09 by Greg Isaacson Leave a Comment

Chinese co-working startup UrWork is bringing its flexible office model to Los Angeles County this month, marking its first centre in the US as a legal battle disrupts the company’s planned New York debut.

UrWork has announced it will open… Read More>>

Chinese co-working startup UrWork is bringing its flexible office model to Los Angeles County this month, marking its … Read more>>>

Tower 535 HK

Wanchai Hotel Said Selling for $181M to Make Way for Co-Working Centre

Tower 535 HK

2017/10/08 by Mingtiandi Team Leave a Comment

A downturn in visitor arrivals to Hong Kong, along with the city’s world-leading office rents, may be fuelling a trend toward converting hospitality space into co-working centres, as yet another hotel in the centre city looks set for conversion into… Read More>>

A downturn in visitor arrivals to Hong Kong, along with the city’s world-leading office rents, may be fuelling a trend … Read more>>>

Christina Tan Keppel Capital

Keppel Wins Approval to List $500M US Office REIT in Singapore

Christina Tan Keppel Capital

2017/10/08 by Michael Cole Leave a Comment

Keppel Corporation announced on Friday that it has received approval from the Singapore stock exchange for a proposed listing of a new real estate investment trust (REIT), composed of $820 million in US office assets.

The Singaporean conglomerate, which already… Read More>>

Keppel Corporation announced on Friday that it has received approval from the Singapore stock exchange for a proposed … Read more>>>

Chris Heady Blackstone

Blackstone Passes $5B Mark for Latest Asia Real Estate Fund and More Asia Real Estate Headlines

Chris Heady Blackstone

2017/10/07 by Michael Cole Leave a Comment

America’s biggest landlord leads Asia’s real estate news today, as a report reveals that Blackstone has already raised $5 billion for its latest real estate fund in the region. Also getting some attention is the ongoing collective sale fever in… Read More>>

America’s biggest landlord leads Asia’s real estate news today, as a report reveals that Blackstone has already raised … Read more>>>

James Lim To Run Real Estate Funds Division at CapitaLand

2017/10/06 by Greg Isaacson Leave a Comment

Former HSBC real estate finance executive James Lim is joining CapitaLand, where he will run the private equity funds business of the Singaporean property group, according to an internal email seen by Mingtiandi.

Effective November 1, Lim will take the… Read More>>

Former HSBC real estate finance executive James Lim is joining CapitaLand, where he will run the private equity funds … Read more>>>

Bharat Bhise HNA

Former HNA Shareholder Says He Was a Proxy and More Asia Real Estate Headlines

Bharat Bhise HNA

2017/10/05 by Michael Cole Leave a Comment

As China’s HNA tries to impose some clarity onto its famously opaque ownership, the company’s former major shareholder has revealed this week that he only held the shares as a favor to the real owners. Meanwhile Wanda boss Wang Jianlin’s… Read More>>

As China’s HNA tries to impose some clarity onto its famously opaque ownership, the company’s former major shareholder … Read more>>>

Sherman Kwek CDL

Singapore’s Hong Leong Group Buys East Coast Housing Block for $667M

Sherman Kwek CDL

2017/10/05 by Michael Cole Leave a Comment

The Singapore housing market is on the rebound and one of the southeast Asian financial hub’s biggest development groups has bought out the residents of a 200-unit housing block on the island city’s east coast to add to its project… Read More>>

The Singapore housing market is on the rebound and one of the southeast Asian financial hub's biggest development groups … Read more>>>

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