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Charles de Portes ESR

Warehouse Builder ESR Takes Another Look at India and More Asia Real Estate Headlines

Charles de Portes ESR

2017/06/29 by Michael Cole Leave a Comment

Sheds once again lead the news today in Asia as one of the region’s biggest warehouse developers says that it sees India in its future. Also in the headlines, the founder of China’s LeEco told shareholders this week that he… Read More>>

Sheds once again lead the news today in Asia as one of the region’s biggest warehouse developers says that it sees India … Read more>>>

Chris Heady Blackstone

Blackstone Goes Shopping in Singapore for $651M Japanese Retail REIT

Chris Heady Blackstone

2017/06/29 by Greg Isaacson Leave a Comment

The world’s largest alternative investment firm headed to Singapore’s stock exchange this week and on its shopping list was a portfolio of 11 Japanese shopping malls, according to an announcement this week by Singapore-listed REIT, Croesus Retail Trust.

Affiliates of… Read More>>

The world's largest alternative investment firm headed to Singapore's stock exchange this week and on its shopping list … Read more>>>

Singapore’s CDL Goes Deutsch with $112M Munich Hotel Buy

2017/06/28 by Greg Isaacson Leave a Comment

A trust affiliated with City Developments Limited (CDL), the Singaporean property heavyweight, is taking its first piece of continental Europe’s real estate market by buying the Pullman Hotel Munich for €98.9 million (about $112.3 million), the company announced this week.

… Read More>>

A trust affiliated with City Developments Limited (CDL), the Singaporean property heavyweight, is taking its first piece … Read more>>>

Xu Jiayin

Evergrande’s $6.6B Bond Sale Drags Down Debt Market and More Asia Real Estate Headlines

Xu Jiayin

2017/06/28 by Michael Cole Leave a Comment

Debt is the deal at the top of today’s headlines as a bond issue that stacked an additional $3.8 billion burden onto developer China Evergrande’s already weary balance sheet has shaken up international bond markets. Also in the news, Singapore’s… Read More>>

Debt is the deal at the top of today's headlines as a bond issue that stacked an additional $3.8 billion burden onto … Read more>>>

HNA Boss Launches Hong Kong Charm Offensive After Record Kai Tak Deals

2017/06/27 by Greg Isaacson Leave a Comment

HNA may have shattered price records when it scooped up a series of residential sites in Kai Tak in recent months, but the mainland conglomerate says it’s all part of an effort to tame the city’s skyrocketing housing costs.

The… Read More>>

HNA may have shattered price records when it scooped up a series of residential sites in Kai Tak in recent months, but … Read more>>>

Zhou Zheng Joy City

Joy City Scores 49% Return By Flipping Hong Kong Office Floor for $77M

Zhou Zheng Joy City

2017/06/27 by Greg Isaacson Leave a Comment

Mainland investors may have a keen appetite for Hong Kong office property, but one company from north of the border is taking advantage of ever-loftier values by offloading a prized piece of real estate in the city’s Central district. Shopping… Read More>>

Mainland investors may have a keen appetite for Hong Kong office property, but one company from north of the border is … Read more>>>

Jason O'Connor Crown

Why GIC Confronted GLP on Buyout Process and More Asia Real Estate Headlines

Jason O'Connor Crown

2017/06/27 by Greg Isaacson Leave a Comment

Leading today’s news, Bloomberg spills on the complaints that forced Singapore’s GIC to complain about the GLP sale to the warehouse developer’s management. In other headlines, a group headed by Chinese President Xi Jinping announced it would step up scrutiny… Read More>>

Leading today's news, Bloomberg spills on the complaints that forced Singapore's GIC to complain about the GLP sale to … Read more>>>

Sarah Li

Asia Real Estate People in the News 2017-06-26

Sarah Li

2017/06/26 by Michael Cole Leave a Comment

Leading off this week’s list of real estate professionals finding new ways to spend their time is a fund management heavyweight leaving for what are said to be entrepreneurial pastures. Also, a veteran Southeast Asia-hand moves from Vietnam to Cambodia… Read More>>

Leading off this week’s list of real estate professionals finding new ways to spend their time is a fund management … Read more>>>

Dalian Wanda Wang Jianlin

Wanda Agrees to Buy London Site for $595M Despite Credit Crackdown

Dalian Wanda Wang Jianlin

2017/06/26 by Greg Isaacson 2 Comments

China’s banking regulator may have ordered a review of Dalian Wanda’s borrowing practices, and the mainland has instituted controls on cash outflows since late last year, but that hasn’t stopped China’s richest man from agreeing to spend £470 million ($595… Read More>>

China's banking regulator may have ordered a review of Dalian Wanda's borrowing practices, and the mainland has … Read more>>>

Pan Shiyi

Keppel and Alpha Lead $525M Purchase of SOHO Hongkou in Shanghai

Pan Shiyi

2017/06/26 by Greg Isaacson Leave a Comment

SOHO China is selling a mixed-use project in Shanghai to a joint venture led by Singapore’s Keppel Land China and Alpha Investment Partners for around RMB 3.6 billion ($525 million), the buyers announced today. The subsidiaries of Singapore’s Keppel Group… Read More>>

SOHO China is selling a mixed-use project in Shanghai to a joint venture led by Singapore's Keppel Land China and Alpha … Read more>>>

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