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Lai Wing-To Hong Kong

Hong Kong Investor Selling Down $1.9B Property Portfolio as Commercial Slump Drags On

Lai Wing-To Hong Kong

2024/02/01 by Kevin He Leave a Comment

A Hong Kong investor who once estimated his direct property holdings at HK$15 billion (US$1.9 billion) has put his HK$460 million oceanfront mansion on the block and is marketing a pair of commercial assets in Causeway Bay and Central together… Read More>>

A Hong Kong investor who once estimated his direct property holdings at HK$15 billion (US$1.9 billion) has put his … Read more>>>

Francis Law Sau-fai

China Resources Acquires Hong Kong Retail Podium from Francis Law for $40M

Francis Law Sau-fai

2024/01/31 by Kevin He Leave a Comment

A real estate arm of state-owned China Resources Group has acquired a retail podium in Hong Kong’s Kwai Fong area from local investor Francis Law Sau-fai for HK$310 million ($39.7 million), with property owners in the Asian financial centre showing… Read More>>

A real estate arm of state-owned China Resources Group has acquired a retail podium in Hong Kong’s Kwai Fong area from … Read more>>>

Robert Kuok

Robert Kuok’s Allgreen in Talks to Buy Suburban Singapore Mall for $387M

Robert Kuok

2024/01/17 by Beatrice Laforga Leave a Comment

A Singapore developer controlled by the family of Shangri-La Hotel founder Robert Kuok is in talks to acquire a shopping centre in northeastern Singapore from a joint venture between Temasek Holdings-backed Cuscaden Peak and Yanlord Land’s United Engineers Ltd (UEL)… Read More>>

A Singapore developer controlled by the family of Shangri-La Hotel founder Robert Kuok is in talks to acquire a shopping … Read more>>>

Stephen Ng Tin-hoi, chairman of Wharf REIC

Hong Kong’s Wharf Puts Mall in Singapore’s Orchard Area on Market for $338M

Stephen Ng Tin-hoi, chairman of Wharf REIC

2024/01/09 by Beatrice Laforga Leave a Comment

Hong Kong-based real estate firm Wharf Real Estate Investment Company (Wharf REIC) is marketing a luxury mall along Singapore’s Orchard Road for S$450 million ($338 million) as the rejuvenation of the premier shopping strip gathers speed.

Its Singapore development subsidiary,… Read More>>

Hong Kong-based real estate firm Wharf Real Estate Investment Company (Wharf REIC) is marketing a luxury mall along … Read more>>>

Hiew Yoon Khong of Mapletree

Mapletree Sells Retail Building in Osaka’s Namba Shopping District for $360M

Hiew Yoon Khong of Mapletree

2023/12/20 by Poonyapat Luenam Leave a Comment

Singapore’s Mapletree Investments has sold a 10-storey retail tower in one of Asia Pacific’s most expensive shopping districts to Japan’s fifth-largest electronics and home appliance retailer as consumer spending rebounds in Asia’s second-biggest economy.

The Temasek Holdings owned fund manager… Read More>>

Singapore’s Mapletree Investments has sold a 10-storey retail tower in one of Asia Pacific’s most expensive shopping … Read more>>>

Tan Tze Wooi, CEO of CapitaLand China Trust Management

CapitaLand China Trust Selling Beijing Mall to Inner Mongolian Investor for $120M 

Tan Tze Wooi, CEO of CapitaLand China Trust Management

2023/12/07 by Beatrice Laforga Leave a Comment

CapitaLand China Trust (CLCT) is selling an underperforming Beijing shopping mall to an investor from Inner Mongolia for RMB 849.2 million ($120 million) in the latest example of domestic capital buying up discounted assets as China’s real estate market slows.

… Read More>>

CapitaLand China Trust (CLCT) is selling an underperforming Beijing shopping mall to an investor from Inner Mongolia for … Read more>>>

Fairprice

Mercatus Marketing Singapore Community Retail Portfolio for $194M

Fairprice

2023/09/27 by Beatrice Laforga Leave a Comment

After opening the year selling a trio of mall properties for more than S$2.8 billion, Mercatus Co-operative has headed back to the market with a set of community retail assets carrying a price tag of S$265 million ($194 million).

Marketing… Read More>>

After opening the year selling a trio of mall properties for more than S$2.8 billion, Mercatus Co-operative has headed … Read more>>>

MidlandGate Perth

PAG Buying Perth Mall From CPPIB-Backed Fund After Price Slides 25%

MidlandGate Perth

2023/09/21 by Michael Cole Leave a Comment

Asian private equity powerhouse PAG has made its second opportunistic property purchase in Australia within less than two months with the pick-up of Perth mall for a figure said to be around a quarter less than what its owners were… Read More>>

Asian private equity powerhouse PAG has made its second opportunistic property purchase in Australia within less than … Read more>>>

xiaolan-metro-mall-5

Dasin Retail Trust Scraps Proposed Deal as Restructuring Talks Drag On

xiaolan-metro-mall-5

2023/07/06 by Christopher Caillavet Leave a Comment

Defaulted mall landlord Dasin Retail Trust notified the Singapore Exchange on Thursday that a proposed memorandum of understanding with a “reputable Chinese entity” has been terminated over concerns about legality and some recent actions taken by Zhang Zhencheng, who together… Read More>>

Defaulted mall landlord Dasin Retail Trust notified the Singapore Exchange on Thursday that a proposed memorandum of … Read more>>>

Dalian Wanda chairman Wang Jianlin

Wanda Group Reveals Fourth Attempt at Hong Kong IPO for Mall Management Unit

Dalian Wanda chairman Wang Jianlin

2023/07/02 by Christopher Caillavet Leave a Comment

After failing three times previously, Dalian Wanda Group is taking another stab at listing its mall management unit on the Hong Kong stock exchange.

Zhuhai Wanda Commercial Management filed an application proof for a Hong Kong initial public offering last… Read More>>

After failing three times previously, Dalian Wanda Group is taking another stab at listing its mall management unit on … Read more>>>

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