More than two years after first putting the property on the market, Chinese state-owned developer Poly Global has sold its 5 Fleet Place office building in the City of London for £191 million ($250.6 million), with a longtime Hong Kong… Read More>>
The new year continues to yield a flurry of top level personnel moves in Asia Pacific’s real estate community, including mainland China heavyweight Poly Developments naming a new chairman. There are also top level moves by Manulife Investment Management, Greystar,… Read More>>
A corporate bail-out drives the top item in Mingtiandi’s collection of personnel news this week as the rescue of mainland appliance retailer Suning has resulted in the company founder being replaced by an Alibaba executive.
Also in… Read More>>
Today’s roundup of mainland China stories features a Shenzhen-based developer announcing plans for a second headquarters in Beijing, as well as a humbling turn of events for a once-chic shopping centre in China’s capital.
Also in the headlines today, China… Read More>>
Korean investors lead Asia’s real estate headlines again today as Mirae Asset Global Investments puts more of its cash into the US with Texas warehouse buy.
Also in the news, China state-owned developer Poly Global is losing some enthusiasm for… Read More>>
The founder of one of China’s earliest tech giants will soon be moving into the place formerly held by Tesla founder/business celebrity Elon Musk, according to news out of Los Angeles’ posh Bel-Air neighbourhood this past week.
Also in Mingtiandi’s… Read More>>
An accounting scandal leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a mainland private equity firm that is a major backer of the coffee chain accused of faking its sales has put… Read More>>
Empty rooms lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Singapore’s average hotel occupancy fell to 51 percent in February, triggering a 40 percent plunge in revenues.
In other news around the… Read More>>
China Evergrande has retained its crown as China’s largest developer during 2019, as measured by contracted sales attributed to shareholders, as the country’s residential sector endures a period of slower growth.
The Shenzhen-based company chaired by mainland billionaire Xu Jiayin… Read More>>
SC Capital Partners has sold an office tower in Sydney’s central business district for A$270 million ($182 million), flipping the property at a mark-up of almost 71 percent just over two and a half years after acquiring the asset.
The… Read More>>