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Patrick T.A. Wong is the founder & CEO of the Tenacity Group

Hong Kong’s Tenacity Gets Green Light to Develop 33-Storey London Tower

2021/02/18 by Christopher Caillavet Leave a Comment

Hong Kong-based developer Tenacity has received the all-clear to build a 33-storey office tower in the City of London after scaling back an earlier design following opposition from heritage groups.

The business district’s planning authority announced on Tuesday that Tenacity… Read More>>

victor li ck asset

CK Asset Wins Last Residential Plot on Kai Tak Runway With $1.3B Bid

2021/02/18 by Mingtiandi Team Leave a Comment

CK Asset bested four other local tenderers to win the final residential plot on the former Kai Tak airport runway with a bid of HK$10.28 billion ($1.33 billion), Hong Kong’s government announced on Wednesday.

The property development arm of Li… Read More>>

Bangalore skyline

Ivanhoe Cambridge Setting Up India Office JV and More Asia Real Estate Headlines

2021/02/18 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Canada’s Ivanhoe Cambridge teams up with Embassy Group on an Indian office joint venture, Singapore-listed Keppel REIT seeks to raise cash from a private placement, and Hong Kong Disneyland prepares to reopen as… Read More>>

Rui-Yu

JD Announces Plan for Potential $5B Logistics IPO in Hong Kong

2021/02/17 by Michael Cole Leave a Comment

Warehouses could be the source of one of Hong Kong’s biggest initial public offerings again this year after JD.com late Tuesday announced plans to list its logistics unit on the city’s bourse.

The offering, which is backed by the e-commerce… Read More>>

lai jing dong

M&G Real Estate Promotes Lai Jing Dong to Asia CIO and Interim CEO 

2021/02/17 by Christopher Caillavet Leave a Comment

UK-based M&G Real Estate has promoted Lai Jing Dong to chief investment officer and interim CEO for Asia, subject to regulatory approvals.

Reporting to Tony Brown, M&G Real Estate’s global head, Lai will lead M&G’s real estate business and acquisition… Read More>>

Ng Kiat Mapletree

Mapletree Logistics Trust Adding Five Greater Seoul Sheds for $250M

2021/02/17 by Christopher Caillavet Leave a Comment

Singapore-listed Mapletree Logistics Trust on Monday announced an agreement to acquire five warehouse assets in South Korea for KRW 280 billion ($250 million), strengthening MLT’s foothold in Asia Pacific’s third-largest e-commerce market.

Situated in the Yongin-Icheon logistics cluster in the… Read More>>

Korean Investors Face $270M Loss on Vegas Hotel and More Asia Real Estate Headlines

2021/02/17 by Pimfha Chandhapradit Leave a Comment

In this edition of our regional news roundup, South Korean investors move a step closer to losing their shirt on a Las Vegas bet, Singapore’s finance minister sounds the alarm on ultra-low interest rates, and Hong Kong-listed Chinese tech firms… Read More>>

Sanjeev Dasgupta - CEO of Ascendas India Trust

Ascendas India Trust Buying Amazon-Leased Hyderabad Offices for $70M

2021/02/16 by Christopher Caillavet Leave a Comment

Ascendas India Trust on Tuesday announced that it has agreed to purchase an office building in Hyderabad, India leased almost entirely to online giant Amazon as the CapitaLand-managed REIT continues to build its tech space portfolio on the subcontinent.

The… Read More>>

Savills IM, Alistair Ennever

Savills IM Paying $79M to Add Polish Warehouse to Vestas Logistics Fund

2021/02/16 by Christopher Caillavet Leave a Comment

Savills Investment Management on Monday said it had exchanged contracts to acquire a logistics property in Poland for a Korean-backed fund at a price of €65.5 million ($79.6 million).

The transaction is Savills IM’s second on behalf of Vestas European… Read More>>

CK Asset Sells Asia’s Priciest Apartment at $59M and More Asia Real Estate Headlines

2021/02/16 by Pimfha Chandhapradit Leave a Comment

In Mingtiandi’s latest roundup of regional news headlines, a luxury Hong Kong apartment changes hands for a record-breaking price, a Chinese provincial court gives the go-ahead to HNA Group’s restructuring, and Singapore notches its strongest January home sales in eight… Read More>>

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