ARA Asset Management and Chelsfield Asia have put Lazada’s corporate headquarters up for sale according to market sources familiar with the matter who spoke with Mingtiandi, with the marketing exercise coming almost three years after they picked up the asset… Read More>>
GIC, APG, KRC Invest $1B in Dutch Hotel Chain and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Dutch hotel firm CitizenM raises $1 billion from a club of investors including Singapore’s GIC, Hong Kong-based GR properties sells a Los Angeles-area apartment complex, and shares of Chinese property platform Beike curiously… Read More>>
HSBC to Cut Office Space 40%, Trim Travel and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, global bank HSBC makes plans to shrink its property footprint by 40 percent as it gets set for new ways of doing business in preparation for the post-pandemic reality. Also in the news,… Read More>>
Asia Real Estate People in the News 2021-08-30
New leadership at Australia’s Cromwell Property Group leads our collection of regional personnel moves this week as the Sydney-based fund manager continues to set a new direction after Singapore’s ARA Asset Management and Straits Trading helped form a new board… Read More>>
CDL Declares Loss Despite SG Market Boom and More Asia Real Estate Headlines
Singapore’s condo market is experiencing a full-scale boom, but that upswing hasn’t been enough to cure the ills of the city’s largest non-government-backed developer, as City Developments Ltd revealed its second quarter financials today.
Also in the… Read More>>
Alibaba’s Joe Tsai Revealed as Buyer of $157.5M Manhattan Condo
Alibaba’s vice chairman Joseph Tsai has seen his company’s stock price take a beating this year, but that hasn’t stopped him from buying the third most expensive home in American history.
The billionaire e-commerce entrepreneur and Jack Ma running buddy… Read More>>
Alibaba to Launch First Philippine Data Center and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Alibaba Cloud announces plans to build its first data centre in the Philippines, China Evergrande’s shares take investors on a wild ride, and Hong Kong transit operator MTR tries to ease conflict-of-interest concerns… Read More>>
SF Holding Plans $786M HK Logistics REIT and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, China’s largest listed courier service looks to spin off several logistics assets to an offshore REIT, Vanke edges closer to a property management IPO that could happen at the end of this… Read More>>
Alibaba Unit Leases Most of ARA, Chelsfield SG Project and More Asia Real Estate Headlines
In this edition of Mingtiandi’s regional news roundup, Alibaba’s Lazada e-commerce unit leases an expanse of Singapore office space, China plugs loopholes exploited by buyers to load up on multiple properties, and Hyundai mulls a major design change for its… Read More>>
Alibaba Fund, Swire Invest in HK Logistics Startup and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, delivery platform Pickupp receives financing from venture funds tied to Alibaba and Swire, PropertyGuru snaps up a Malaysian property data firm, and a Japanese developer and its media company partner agree to buy… Read More>>
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