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Wanda’s Vista Tower Still on Track Says Chicago Partner And More Asia Real Estate Headlines

2017/08/16 by Greg Isaacson Leave a Comment

At the top of the news, Wanda’s partner in Chicago says the 98-storey Vista Tower is progressing as planned, notwithstanding the mainland group’s proposed reshuffling of overseas assets. In other headlines, shared office giant WeWork is suing its similarly named… Read More>>

At the top of the news, Wanda's partner in Chicago says the 98-storey Vista Tower is progressing as planned, … Read more>>>

John Pattar CLSA

CLSA Capital Partners Sells Hong Kong’s Zing! Retail Centre for $269M

John Pattar CLSA

2017/08/15 by Greg Isaacson Leave a Comment

CLSA Capital Partners has sold Zing!, a 27-storey retail centre in the heart of Hong Kong’s Causeway Bay retail district, for HK$2.1 billion ($268.6 million).

The undisclosed buyer is reported to have paid for Zing! by selling The L. Plaza,… Read More>>

CLSA Capital Partners has sold Zing!, a 27-storey retail centre in the heart of Hong Kong's Causeway Bay retail … Read more>>>

HKRI Taikoo Hui

Surging Supply Brought Down Office Rents in Q2 – Mingtiandi Shanghai Office Index

HKRI Taikoo Hui

2017/08/14 by Greg Isaacson 2 Comments

Developers enticed by Shanghai’s burgeoning tech and service sectors are betting that the city needs more offices, with nearly a quarter million square metres of new space being added to the city centre last quarter, according to figures compiled by… Read More>>

Developers enticed by Shanghai's burgeoning tech and service sectors are betting that the city needs more offices, with … Read more>>>

Wang Jianlin Wanda

Wanda Selling Stakes in UK, US and Aussie Projects in $1B Restructuring

Wang Jianlin Wanda

2017/08/13 by Greg Isaacson Leave a Comment

Dalian Wanda Group is selling stakes in nearly $4.5 billion in real estate projects across the UK, US, China and Australia to a privately held company controlled by its chairman Wang Jianlin, according to an announcement to the Hong Kong… Read More>>

Dalian Wanda Group is selling stakes in nearly $4.5 billion in real estate projects across the UK, US, China and … Read more>>>

KKR To Open Third Greater China Office in Shanghai

2017/08/13 by Greg Isaacson Leave a Comment

Global private equity firm KKR is opening an office in Shanghai, marking its third location in Greater China after Beijing and Hong Kong. The new address in the mainland financial hub is aimed at enhancing the company’s focus on the… Read More>>

Global private equity firm KKR is opening an office in Shanghai, marking its third location in Greater China after … Read more>>>

danielle lau

Asia Real Estate People in the News 2017-08-14

danielle lau

2017/08/13 by Michael Cole Leave a Comment

Leading off this week’s list of real estate professionals finding something new to do is a former private equity ace who decided to join the public sector after more than a decade buying and selling buildings. Also on the move… Read More>>

Leading off this week’s list of real estate professionals finding something new to do is a former private equity ace who … Read more>>>

Carrie Lam

Hong Kongers Now Spend 67% of Income on Mortgages and More Asia Real Estate Headlines

Carrie Lam

2017/08/12 by Greg Isaacson Leave a Comment

At the top of today’s news, the world’s least affordable housing market worsened in Q2, with Hong Kong denizens now spending two-thirds of their incomes on mortgages. The city’s housing misery may be creating an opportunity for co-living entrepreneurs, as… Read More>>

At the top of today's news, the world's least affordable housing market worsened in Q2, with Hong Kong denizens now … Read more>>>

Sherman Kwek CDL

Sherman Kwek Replacing Grant Kelley as CDL Chief Executive

Sherman Kwek CDL

2017/08/12 by Greg Isaacson Leave a Comment

Grant Kelley has stepped down as CEO of City Developments Limited (CDL), the Singapore-listed property heavyweight, and will be replaced by Sherman Kwek, the elder son of CDL chairman Kwek Leng Beng.

The family led company, which is one of… Read More>>

Grant Kelley has stepped down as CEO of City Developments Limited (CDL), the Singapore-listed property heavyweight, and … Read more>>>

Trent Iliffe

Warehouse Developer Logos Enters India with $400M Logistics JV

Trent Iliffe

2017/08/11 by Greg Isaacson Leave a Comment

Ivanhoe Cambridge-backed logistics developer Logos Property is making its first move into India, teaming up with a local developer to build high-end warehouses across the country. The Aussie-managed firm is partnering with Assetz Property Group, a leading developer in India’s… Read More>>

Ivanhoe Cambridge-backed logistics developer Logos Property is making its first move into India, teaming up with a local … Read more>>>

Wang Jianlin

Wanda Hotel Unit Announces $1B Group Restructuring and More Asia Real Estate Headlines

Wang Jianlin

2017/08/11 by Greg Isaacson Leave a Comment

In today’s headlines, troubles continue for Wang Jianlin as Dalian Wanda is reshuffling over $1 billion in assets, while a troubled Singaporean industrial trust may be in luck, as the manager of e-Shang Redwood (ESR) is in talks for a… Read More>>

In today's headlines, troubles continue for Wang Jianlin as Dalian Wanda is reshuffling over $1 billion in assets, while … Read more>>>

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