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Michael Wong Wai-lun

Decaying Workshop Sells for $158M in HK’s Tsuen Wan, Appreciating 808-Fold

Michael Wong Wai-lun

2017/10/18 by Greg Isaacson Leave a Comment

An ageing industrial building in Hong Kong’s Tsuen Wan district has changed hands for HK$1.23 billion ($157.5 million) – appreciating nearly 81,000 percent over the past 45 years – reflecting investor enthusiasm for the asset class as the city government… Read More>>

An ageing industrial building in Hong Kong's Tsuen Wan district has changed hands for HK$1.23 billion ($157.5 million) – … Read more>>>

Wanda Hits Twin US Setbacks as Culture Chief Quits, Beverly Hills Partner Exits

2017/10/18 by Greg Isaacson Leave a Comment

Dalian Wanda Group is facing a fresh set of overseas headaches, this time in Southern California, as its US partner bails on a $1.2 billion development project in Beverly Hills and the company’s top executive in Hollywood steps down.

Athens… Read More>>

Dalian Wanda Group is facing a fresh set of overseas headaches, this time in Southern California, as its US partner … Read more>>>

MIng Z Mei GLP

GLP Plans $1.5B Panda Bond Sale and More Asia Real Estate Headlines

MIng Z Mei GLP

2017/10/18 by Michael Cole Leave a Comment

Among the biggest real estate stories in the region today, GLP plans to raise $1.5 billion in renminbi denominated bonds, just after the company’s buyout was approved, and Lendlease decides to go Dutch in the sale of a stake in… Read More>>

Among the biggest real estate stories in the region today, GLP plans to raise $1.5 billion in renminbi denominated … Read more>>>

Link Asset Management CEO George Hongchoy

Blackstone, KKR and CITIC Said Competing for $2.5B Link REIT Retail Portfolio

Link Asset Management CEO George Hongchoy

2017/10/18 by Michael Cole Leave a Comment

Retail real estate may be under pressure, but that isn’t stopping some of the world’s biggest property investors from competing for a $2.5 billion portfolio of shopping centres in Hong Kong.

Link Asset Management, the Hong Kong-based manager of Asia’s… Read More>>

Retail real estate may be under pressure, but that isn’t stopping some of the world’s biggest property investors from … Read more>>>

Wanda’s Wang Still in the Weeds as Golf Courses Called Out of Bounds

2017/10/17 by Greg Isaacson Leave a Comment

Wang Jianlin’s Dalian Wanda Group continues to find itself deep in China’s regulatory rough this week as mainland authorities have shut down two of the company’s high-end golf courses amid an austerity drive.

The courses are part of Wanda’s Changbaishan… Read More>>

Wang Jianlin's Dalian Wanda Group continues to find itself deep in China's regulatory rough this week as mainland … Read more>>>

Ben Cha Grosvenor

Grosvenor Sells West End Trophy to Hong Kong Scion for $202M

Ben Cha Grosvenor

2017/10/17 by Mingtiandi Team Leave a Comment

Brexit may yet prove to have dire consequences for the UK, but it hasn’t stopped the kingdom’s royals from making a profitable property play this month, as the Duke of Westminster’s real estate firm sells off a West End commercial… Read More>>

Brexit may yet prove to have dire consequences for the UK, but it hasn't stopped the kingdom's royals from making a … Read more>>>

Wei Leng Tang Collliers

$4B Tide of Singapore Collective Sales Could Surge 400% Says Colliers

Wei Leng Tang Collliers

2017/10/17 by Greg Isaacson Leave a Comment

Singapore’s wave of residential collective sales, totalling S$5.88 billion ($4.12 billion) across 15 major deals this year, is poised to intensify further with another 50 to 60 potential en bloc sales in the pipeline, according to a report released today.

… Read More>>

Singapore's wave of residential collective sales, totalling S$5.88 billion ($4.12 billion) across 15 major deals this … Read more>>>

Pham Nhat Vuong

Warburg-Backed VN Mall Developer Plans $680M IPO and More Asia Real Estate Headlines

Pham Nhat Vuong

2017/10/17 by Michael Cole Leave a Comment

Vietnamese malls lead today’s news as a Warburg Pincus-backed retail developer plans a $680 million IPO in the land of cyclos and ao dais. Also in the news, an Aussie fund manager plans to push back against warehouse developer e-Shang… Read More>>

Vietnamese malls lead today’s news as a Warburg Pincus-backed retail developer plans a $680 million IPO in the land of … Read more>>>

Rob Jones Currie & Brown

Asia Real Estate People in the News 2017-10-16

Rob Jones Currie & Brown

2017/10/16 by Greg Isaacson Leave a Comment

Leading this week’s roundup of high-profile job changes in Asia’s real estate industry, a veteran project manager has joined a London-based consultancy to grow its offices across north Asia. Meanwhile, a co-working expert is trying his hand at another hot… Read More>>

Leading this week's roundup of high-profile job changes in Asia's real estate industry, a veteran project manager has … Read more>>>

Li Ka-shing

Li Ka-shing Said Selling Hong Kong’s The Center to Mainland Group for $5.2B

Li Ka-shing

2017/10/16 by Greg Isaacson Leave a Comment

Hong Kong’s richest man is reportedly selling his most valuable building, The Center office tower, for a record price of HK$40.2 billion ($5.15 billion). Li Ka-shing’s CK Asset Holdings – formerly Cheung Kong Property Holdings – agreed to dispose of… Read More>>

Hong Kong's richest man is reportedly selling his most valuable building, The Center office tower, for a record price of … Read more>>>

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