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David Chiu FEC

Far East Consortium Selling Kowloon Hotel to Nanjing Developer for HK$450M

David Chiu FEC

2017/03/06 by Michael Cole Leave a Comment

A hotel subsidiary of Hong Kong’s Far East Consortium has agreed to sell a hotel in Hong Kong’s Mongkok area to a Nanjing-based developer for HK$450 million ($58 million) in the latest acquisition by Chinese real estate developers in the… Read More>>

A hotel subsidiary of Hong Kong’s Far East Consortium has agreed to sell a hotel in Hong Kong’s Mongkok area to a … Read more>>>

MIguel Ko Ascendas

Ascendas-Singbridge Breaks Ground on Joint Office Project in Singapore

MIguel Ko Ascendas

2017/03/06 by Michael Cole Leave a Comment

Singaporean developer Ascendas-Singbridge broke ground on the redevelopment of a 500,000 square foot (46,500 square metre) office project in the city’s central business district on Friday, together with partners Mitsui & Co and Tokyo Tatemono Co.

The joint Singaporean-Japanese effort… Read More>>

Singaporean developer Ascendas-Singbridge broke ground on the redevelopment of a 500,000 square foot (46,500 square … Read more>>>

Wee Cho Yaw

Singapore’s UOL Buys Melbourne Hilton from Host Hotels & Resorts JV for $175 Mil

Wee Cho Yaw

2017/03/05 by Michael Cole Leave a Comment

Singapore-listed real estate conglomerate UOL Group continued to expand its hospitality holdings last week with the announcement of an agreement to purchase the Hilton Melbourne South Wharf hotel in Melbourne, Australia for A$230 million ($175 million).

UOL, which is the… Read More>>

Singapore-listed real estate conglomerate UOL Group continued to expand its hospitality holdings last week with the … Read more>>>

robert walker

Asia Real Estate People in the News 2017-03-06

robert walker

2017/03/05 by Michael Cole Leave a Comment

Big moves at a sovereign wealth fund and a NYSE-listed Chinese developer top the list of familiar faces in new places among the region’s real estate community this week, with ADIA’s head of real estate for Asia leading the way…. Read More>>

Big moves at a sovereign wealth fund and a NYSE-listed Chinese developer top the list of familiar faces in new places … Read more>>>

Jesline Goh

Tan Swee Yiow Takes Over at Keppel REIT as Goh Ends One Month at the Controls

Jesline Goh

2017/03/05 by Michael Cole Leave a Comment

Tan Swee Yiow has stepped back in as Chief Executive Officer at Keppel REIT Management, after Jesline Goh served just 28 days in the company’s top role.

The rapid management succession was revealed in an announcement to the stock exchange… Read More>>

Tan Swee Yiow has stepped back in as Chief Executive Officer at Keppel REIT Management, after Jesline Goh served just 28 … Read more>>>

Hong Kong office rent

Blackstone, GIC Lead Wave of India Investment and More Asia Real Estate Headlines

Hong Kong office rent

2017/03/05 by Michael Cole Leave a Comment

The news kicks off this week with a tally of international investment in India revealing the top five foreign players in an increasingly global market. Also in the headlines, C&W says finding a home for your company in Hong Kong… Read More>>

The news kicks off this week with a tally of international investment in India revealing the top five foreign players in … Read more>>>

cheung-chung-kiu

CC Land Buys London’s “Cheesegrater” for $1.42 Billion

cheung-chung-kiu

2017/03/03 by Michael Cole Leave a Comment

A regional developer from western China this week staked out a bigger place for itself in one of the world’s biggest real estate markets with the £1.15 billion ($1.42 billion) of London’s “cheesegrater” office tower.

Chongqing-based CC Land has agreed… Read More>>

A regional developer from western China this week staked out a bigger place for itself in one of the world’s biggest … Read more>>>

Greg Peng Cindat

Cindat to Invest $2 Bil in Senior Care and More Asia Real Estate Headlines

Greg Peng Cindat

2017/03/02 by Michael Cole Leave a Comment

Back home on the mainland, China’s fastest growing private equity real estate investors is shopping around for healthcare opportunities and the country’s biggest computer maker is dumping real estate. Elsewhere around the Internet, GIC is buying in India and Australia,… Read More>>

Back home on the mainland, China’s fastest growing private equity real estate investors is shopping around for … Read more>>>

5Lmeet

GIC Leads RMB 100 Mil Investment in China Co-Living Startup 5Lmeet

5Lmeet

2017/03/01 by Xuan Teng Leave a Comment

Singapore’s GIC is leading a RMB 100 million round of investment in Beijing-based lifestyle real estate startup 5Lmeet, according to a statement released on 5Lmeet’s official WeChat account Monday.

This marks the sovereign wealth fund’s first foray into China’s red… Read More>>

Singapore’s GIC is leading a RMB 100 million round of investment in Beijing-based lifestyle real estate startup 5Lmeet, … Read more>>>

Vienna House Prague

Thailand’s U City Buys European Hotel Chain for $349 Mil

Vienna House Prague

2017/03/01 by Mingtiandi Team Leave a Comment

Asian money continued flow into global hospitality assets this week as a Thai real estate developer announced an agreement to buy a European hotel chain and associated properties for 330 million euros ($349 million).

U City Public Company Limited, which… Read More>>

Asian money continued flow into global hospitality assets this week as a Thai real estate developer announced an … Read more>>>

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