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Alex Barnes JLL

JLL Names Alex Barnes Managing Director for Hong Kong and Macau as Morgan Departs

2022/05/10 by Christopher Caillavet Leave a Comment

JLL on Tuesday announced the promotion of Alex Barnes to managing director for Hong Kong and Macau, succeeding Gavin Morgan.

Currently head of agency leasing at JLL Hong Kong, Barnes in his new role will lead the global property consultancy… Read More>>

Tim Alpe

Brookfield Buys Hong Kong Storage Space From Hanison for $27M After Acquiring RedBox

2022/05/08 by Christopher Caillavet, Pawara Laothamatas Leave a Comment

Brookfield has agreed to acquire industrial assets in Hong Kong’s New Territories from Hanison Construction for HK$211.3 million ($26.9 million), following closely behind the Canadian asset management giant’s under-the-radar purchase of local self-storage operator RedBox.

The assets comprise workshops 1… Read More>>

Golden Mile Singapore

Perennial, Sino Land, Far East JV Buying Singapore’s Golden Mile for $505M

2022/05/08 by Beatrice Laforga Leave a Comment

Perennial Holdings has teamed up with Far East Organization and its Hong Kong-based sister firm Sino Land to buy the Golden Mile Complex in Singapore for S$700 million ($505 million), as they plan to transform the iconic property into an… Read More>>

Neil Anderson

Hongkong Land Leases 3 Central Office Floors to White & Case

2022/05/08 by Pawara Laothamatas Leave a Comment

Hongkong Land has welcomed a former tenant back to its Central office portfolio after 15 years, announcing that global law firm White & Case had taken up three floors at York House, the developer’s Grade A office tower at 15… Read More>>

carol Lofter Group

BentallGreenOak, Schroders Team with Lofter to Buy Tsim Sha Tsui Project for $190M

2022/05/05 by Michael Cole 1 Comment

Just two months after announcing a residential project with SC Capital on Ap Lei Chau Island, a Hong Kong redevelopment specialist on Thursday unveiled a joint venture with BentallGreenOak and Schroders Capital to develop a commercial project in Tsim Sha… Read More>>

Brad Fu

Heitman Buys Hong Kong Industrial Asset From New World Heir for Reported $57M

2022/05/04 by Beatrice Laforga Leave a Comment

Heitman has acquired an industrial building in Hong Kong’s Fanling area from a grandson of New World founder Cheng Yu-tung for a reported HK$450 million ($57.33 million), with the US fund manager planning to transform the asset into a refrigerated… Read More>>

79 Robinson Road

CapitaLand’s 79 Robinson Road in Singapore Rebranded as CapitaSky After $930M Deal

2022/05/04 by Christopher Caillavet Leave a Comment

The office tower at 79 Robinson Road in Singapore’s downtown core officially has new owners and a new name after the sale of the year-and-a-half-old property by CapitaLand Investment and its Japanese partners.

CapitaLand Integrated Commercial Trust and a private… Read More>>

ARA, David Kim

David Kim, Stephen Tang of ARA to Lead APAC for London’s ICG

2022/05/04 by Christopher Caillavet Leave a Comment

The UK’s Intermediate Capital Group is expanding its private real estate fund business to Asia Pacific and has hired four former ARA Asset Management executives to lead the initiative as Western investment institutions continue to expand their footprint in the… Read More>>

WeWork CEO Sandeep Mathrani

Phoenix Property Sues WeWork for Breaking Causeway Bay Lease

2022/05/03 by Pawara Laothamatas Leave a Comment

Phoenix Property Investors is suing WeWork for abandoning a 10 year commitment to its flagship location in Causeway Bay, with the Hong Kong private equity shop said to be demanding payment of about HK$242 million ($30.8 million) on the alleged… Read More>>

Shan Weijian PAG

PAG Boss Warns of a China Economic Crisis Just Months Before IPO

2022/05/03 by Michael Cole 2 Comments

Aiming for a $2 billion Hong Kong IPO in the coming months, private equity firm PAG is headed by Beijing native Weijian Shan, but in the last four years has launched platforms and made major acquisitions in India, Singapore, Japan… Read More>>

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