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Duncan Pescod West Kowloon

West Kowloon Land Sale Derailed by Hong Kong’s Corona Crisis

2020/08/08 by Elizabeth Utley Leave a Comment

Hong Kong’s COVID-19 crisis has claimed its latest real estate victim — with the impact of the coronavirus on the city’s retail and hotel markets seeming to be the culprit in the death of a land sale in Kowloon.

The… Read More>>

Abhijit Malkani ESR India

ESR Buys Chennai Industrial Site for INR 3.32B Project

2020/08/08 by Jonathan Burgos Leave a Comment

ESR, which has $22 billion of assets under management across the Asia Pacific, is expanding its India operation with the acquisition of an industrial site in Chennai, one of the fastest-growing technology hubs in the country.

The Hong Kong-based logistics… Read More>>

laurent-jacquemin axa

ESR-AXA JV Buys Amazon Japan Warehouse for $368M

2020/08/06 by Michael Cole Leave a Comment

A joint venture between warehouse developer and fund manager ESR and AXA Investment Managers has acquired a logistics facility near Tokyo for approximately JPY 39 billion ($368 million), just seven months after Amazon leased nearly half of the property.

The… Read More>>

Huang Qisen Tahoe Group

Vanke’s RMB 2.4B Buy of Tahoe Stake Blocked as Shares Frozen

2020/08/06 by Skye Li Leave a Comment

China Vanke, the mainland’s biggest property firm by market value, last week appeared set to buy 19.9 percent of embattled villa developer Tahoe Group for RMB 2.4 billion ($343 million), however, that plan now appears in doubt.

The stake sale,… Read More>>

zhong-sheng-jian yanlord

Yanlord, GIC Launch RMB 7B China Residential JV as Market Rebounds

2020/08/05 by Jonathan Burgos Leave a Comment

SGX-listed Yanlord Land Group Limited said Tuesday it has partnered with Singapore’s sovereign wealth fund GIC to jointly develop integrated commercial and residential property projects in high-growth cities across China amid signs the mainland residential market is gradually recovering from… Read More>>

Tang-Shing-bor-1

Hong Kong’s Shop King Puts Wanchai Asset on Market for HK$450M

2020/08/05 by Diana Li Leave a Comment

Hong Kong’s ‘Shop King’ Tang Shing-bor has put a building in Wanchai up for sale at HK$450 million ($58 million), marking the fourth time this year that one of the city’s most prolific property investors has put assets on the… Read More>>

Forklift Worker thumbnail

Mingtiandi MTD TV Series Reached 5,700 Viewers, 62% Director-Level or Above

2020/08/05 by Mingtiandi Team Leave a Comment

Mingtiandi concluded its APAC logistics series one week ago, with the inaugural MTD TV video series pulling in more than 5,700 viewers between the live and recorded versions.

The three-part series on logistics real estate investment, which led off with… Read More>>

Ben Keswick Hongkong Land

Mandarin Oriental Hotels Reports $435.5M Loss for 2020 1H

2020/08/04 by Jonathan Burgos Leave a Comment

The Mandarin Oriental Hotel Group said late last week that its net loss in the first half of 2020 widened to $435.5 million from $7.1 million over the same period one year ago, as the COVID-19 pandemic shuttered its hotels… Read More>>

Zhou Xin E-House

Alibaba Invests HK$1.86B in E-House to Launch Online Real Estate Platform

2020/08/03 by Diana Li Leave a Comment

Internet giant Alibaba is making its latest attempt to port its e-commerce dominance into China’s real estate market as the Hangzhou-based firm ups its stake in one of the mainland’s largest real estate agencies.

E-House (China) Enterprise Holdings Limited (02048.HK),… Read More>>

Proptech forum

Has COVID-19 Accelerated Tech Adoption? Take Mingtiandi’s Proptech Survey

2020/08/03 by Mingtiandi Team Leave a Comment

With the coronavirus pandemic creating obstacles to traditional ways of doing business, and market gyrations amplifying demand for data, real estate investors and developers across Asia are taking a closer look at tech systems in 2020.

To find out how… Read More>>

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MTD TV

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