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LaSalle Closes Fourth Japanese Logistics Fund at $350M

2017/11/02 by Greg Isaacson Leave a Comment

LaSalle Investment Management has closed its fourth Japanese logistics fund after raising $350 million in new cash to expand its fleet of logistics facilities in the Land of the Rising Sun.

The fund-raising haul paves the way for LaSalle to… Read More>>

LaSalle Investment Management has closed its fourth Japanese logistics fund after raising $350 million in new cash to … Read more>>>

Mount Nicholson

Hong Kong Home Sells for $37M Per Bedroom and More Asia Real Estate Headlines

Mount Nicholson

2017/11/02 by Michael Cole Leave a Comment

Leading today’s news, Hong Kong’s housing affordability may be a hot topic for most of the city’s seven million inhabitants, but developer Wheelock is doing just fine marketing homes that cost about the same amount as the GDP of small… Read More>>

Leading today’s news, Hong Kong’s housing affordability may be a hot topic for most of the city’s seven million … Read more>>>

Topshop Queen's Road, Centra

Topshop Notches 50% Rent Cut as HK Gets Retail Reality Check

Topshop Queen's Road, Centra

2017/11/02 by Michael Cole Leave a Comment

Fast fashion brand Topshop has halved the rent on its home on Queen’s Road in Hong Kong’s Central district, as rates for retail space in the city adjust to a new reality.

The UK-based retailer of youth-oriented apparel and accessories… Read More>>

Fast fashion brand Topshop has halved the rent on its home on Queen’s Road in Hong Kong’s Central district, as rates for … Read more>>>

Li Ka-shing

Li Ka-shing Sets New HK Record with $5.15B Sale of The Center to Mainland-Backed Group

Li Ka-shing

2017/11/02 by Michael Cole Leave a Comment

Hong Kong’s richest man just sold the city’s most expensive building for HK$40.2 billion ($5.15 billion), according to an announcement today by Li Ka-shing’s CK Asset Holdings to the Hong Kong stock exchange.

CK Asset, which was formerly known as… Read More>>

Hong Kong’s richest man just sold the city’s most expensive building for HK$40.2 billion ($5.15 billion), according to … Read more>>>

Broderick Storie PAG

PAG Demands Legal Action as REIT Goes Rogue

Broderick Storie PAG

2017/11/01 by Greg Isaacson Leave a Comment

A feud between a Hong Kong-listed real estate investment trust and one its biggest unit holders is ramping up, with alternative investment manager PAG demanding action by Hong Kong regulators over what it deems to be misleading statements by the… Read More>>

A feud between a Hong Kong-listed real estate investment trust and one its biggest unit holders is ramping up, with … Read more>>>

Taubman Asia Brings Home ICSC Marketing Prize for Zhengzhou Mall

2017/11/01 by Greg Isaacson Leave a Comment

The Asian arm of US mall operator Taubman Centers has won recognition for the launch of its second Chinese shopping centre, which drew on everything from magic shows to partnerships with mobile ride-sharing platforms to lure shoppers to the new… Read More>>

The Asian arm of US mall operator Taubman Centers has won recognition for the launch of its second Chinese shopping … Read more>>>

Li Sze-lim Guangzhou R&F

Guangzhou R&F Says Contracted Sales Rise 56% in 2017 and More Asia Real Estate Headlines

Li Sze-lim Guangzhou R&F

2017/11/01 by Michael Cole Leave a Comment

The top real estate stories in the region are all about home sales today, as a major league mainland developer declares a 56 percent jump in new contracts, and housing prices in Hong Kong hit another record high. Meanwhile in… Read More>>

The top real estate stories in the region are all about home sales today, as a major league mainland developer declares … Read more>>>

Waldorf Astoria

Changi Airport’s Terminal 4 Welcomes First Flight and More Asia Real Estate Headlines

Waldorf Astoria

2017/10/31 by Michael Cole Leave a Comment

Travel dominates today’s real estate headlines as Singapore opens its much-anticipated fourth terminal at Changi airport, and Anbang kicks off its long-delayed renovation of the Waldorf Astoria. Elsewhere in the news, some of China’s richest people picked up another $44… Read More>>

Travel dominates today’s real estate headlines as Singapore opens its much-anticipated fourth terminal at Changi … Read more>>>

Michael Bruhn PFA

Logos Joins with Ivanhoé Cambridge, PFA for $830M China Warehouse Venture

Michael Bruhn PFA

2017/10/31 by Greg Isaacson Leave a Comment

Australia-based warehouse builder Logos Property has closed its third China logistics venture, partnering with a pair of global investment heavyweights to raise up to $830 million for logistics developments across the country.

PFA Pension, Denmark’s largest commercial pension firm, and… Read More>>

Australia-based warehouse builder Logos Property has closed its third China logistics venture, partnering with a pair of … Read more>>>

Raymond Kwok fixed

Sun Hung Kai Picks Up Kowloon Hotel Site for Record-Breaking $649M

Raymond Kwok fixed

2017/10/31 by Greg Isaacson Leave a Comment

Hong Kong development giant Sun Hung Kai has bought a hotel site in Cheung Sha Wan for HK$5.06 billion ($648.8 million), blowing past market expectations for the waterfront parcel and setting a per square foot price record for the city’s… Read More>>

Hong Kong development giant Sun Hung Kai has bought a hotel site in Cheung Sha Wan for HK$5.06 billion ($648.8 million), … Read more>>>

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