US presence in Hong Kong took another hit earlier this month when the American Chamber of Commerce in the city sold its offices in Central at a discount.
AmCham Hong Kong sold its 5,968 square foot (554 square metre)… Read More>>
Blackstone to Lead MTD TV Data Centre Panel on 27 October
The second session in Mingtiandi’s Asia Data Centre Forum is set to air on Tuesday 27 October, featuring some of the region’s biggest data centre investors and most experienced advisors.
The event, which takes place at 10:00 am Hong Kong… Read More>>
Blackstone Signs Deal to Buy $1.6B in India Commercial Properties
Less than half of a year after launching its second India REIT IPO, Blackstone could be heading for another trip to the bourse, as the US private equity giant signs a preliminary deal to purchase $1.6 billion in commercial property… Read More>>
Goldin Names Purported Buyer of Kowloon HQ as Bankruptcy Looms
Goldin Financial Holdings released a flurry of announcements late Friday, including the terms of a provisional agreement for a record-breaking sale of its Kowloon East headquarters, as the Hong Kong-listed firm faces end of the month court rulings that could… Read More>>
GLP Launches Vietnam JV with Trio of Warehouse Projects
Asia’s largest warehouse builder has become the latest industrial player to bet on Vietnam as GLP today announced its acquisition of a trio of projects in the Southeast Asian nation.
In a statement together with SEA Logistic Partners, a Ho… Read More>>
Wanda’s AMC Entertainment Says Cash Could Run Dry This Year
Beijing-based Dalian Wanda Group is discovering yet again that Hollywood is a tough town, as its last remaining overseas trophy warned US financial regulators that it could run out of cash this year.
With attendance down 85 percent this year… Read More>>
Warburg Pincus, Princeton Digital Foretell Asia’s Data Centre Future Asia Data Centre Forum 2020
https://player.vimeo.com/video/467614725?h=5e7cc17199Video can’t be loaded because JavaScript is disabled: Mingtiandi Asia Data Centre Forum 2020: Spotlight Interview with Warburg Pincus and Princeton Digital Group (https://player.vimeo.com/video/467614725?h=5e7cc17199)
Once a niche alternative investment, data centres have quickly emerged as a lucrative… Read More>>
ARA’s Suntec REIT Buys Half-Stake in UK Offices From CPPIB for $560M
Suntec REIT last week became the latest Singaporean investor to buy into a UK commercial property this year, with the ARA Asset Management-driven trust picking up a half-stake in a two building complex for £430.6 million ($560 million), according to… Read More>>
Goldin Stalls Winding Up Petition as CK Asset Director Departs
While not every developer can own Hongkong Land’s blue-chip portfolio or boast of China Evergrande’s ability to defy financial gravity, Goldin Financial Holdings has gained distinction in its own right this year by becoming perhaps the region’s most unpredictable real… Read More>>
Shenzhen Developer Agrees to Pay $1M Fine in California Bribery Scandal
China’s surge of overseas real estate acquisitions of the past decade continues to reap negative returns for the country’s developers with the merely unprofitable now giving way to a million dollar fine in one Los Angeles case.
A unit of… Read More>>
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