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Stephen Riady OUE

Lippo’s OUE Sells Los Angeles Tower for $430M – 34% Below Book Value

2020/07/19 by Jonathan Burgos Leave a Comment

OUE Limited, the Singapore-based property developer controlled by Indonesian conglomerate Lippo Group, said Friday that it has agreed to sell the iconic US Bank Tower in Los Angeles for $430 million.

The SGX-listed developer is selling the property to USBT… Read More>>

20-16 gage street central

Chuang’s Consortium Secures Redevelopment Site in Hong Kong’s Central

2020/07/19 by Diana Li Leave a Comment

Halfway through a year of public health crisis and political controversy in Hong Kong, the city’s real estate developers continue to take extraordinary measures to acquire prime sites, with Chuang’s Consortium having snapped up a redevelopment site in… Read More>>

Adrian_Chui

Singapore’s ESR REIT to Merge with Sabana REIT in S$397M Deal

2020/07/16 by Mingtiandi Team Leave a Comment

Hong Kong-based logistics developer and fund manager ESR, which has $22.1 billion in assets under management, is consolidating its presence in Southeast Asia’s highest value market by merging a pair of Singapore industrial real estate investment trusts it manages in… Read More>>

shenzhen tencent

Shenzhen Restricts Housing Purchases After Home Sales Jumped 41% in 2020 1H

2020/07/16 by Skye Li Leave a Comment

On Wednesday, the Shenzhen Housing and Construction Bureau announced a set of new home purchase restrictions designed to cool down what has become China’s hottest property market as home sales in the country rebound in the wake of the COVID-19… Read More>>

northpoint city singapore

Frasers Sells Half of S$1.1B Mall to Thai Cousin at Mark-Up Amid Retail Slump

2020/07/15 by Jonathan Burgos Leave a Comment

Despite slumping retail sales, a division of tycoon Charoen Sirivadhanabhakdi’s TCC Group has agreed to purchase half of a suburban Singapore shopping centre from Frasers Property, the SGX-listed developer controlled by the Thai billionaire.

TCC Prosperity’s purchase of the south… Read More>>

Logan Group

Logan Group Buys Shanghai Residential Plot for RMB 2.4B

2020/07/15 by Skye Li Leave a Comment

Shenzhen-based Logan Group won a residential plot in Shanghai’s Yangpu District at a recent government land auction with a bid of RMB 2.381 billion ($340.7 million), marking the developer’s first foothold in China’s commercial capital.

Known until recently as Logan… Read More>>

Investors Boost APAC Logistics Deals Amid E-Commerce Boom APAC Logistics Forum 2020

2020/07/14 by Jonathan Burgos Leave a Comment

https://player.vimeo.com/video/438107315?h=3a769e064cVideo can’t be loaded because JavaScript is disabled: Mingtiandi APAC Logistics Series: Panel Discussion on Core Markets (https://player.vimeo.com/video/438107315?h=3a769e064c)

Institutional investors are rapidly increasing their investments into logistics properties as the e-commerce boom bolsters demand for warehouse space… Read More>>

times china wong wing nin

CFO of HK-Listed Developer Out After Lewd Taxi Encounter Goes Viral

2020/07/14 by Michael Cole Leave a Comment

The chief financial officer of a Guangzhou-based developer who was caught enjoying a quickie in the back of a Hong Kong taxi was given a hasty exit from his role after a video of the former Goldman Sachs executive and… Read More>>

Forklift Worker thumbnail

Allianz, ESR, JLL, LaSalle Talk Logistics in APAC Core Markets Tuesday on MTD TV

2020/07/13 by Mingtiandi Team Leave a Comment

Mingtiandi’s APAC Logistics Series 2020 continues today with a panel discussion exploring how investment opportunities in core markets around Asia Pacific have developed in the year of the pandemic.

In the session at 10:00 am Hong Kong time Tuesday, 14… Read More>>

Andrew Yao

Hong Kong Shanghai Alliance Buys Shanghai Hotel Complex for RMB 3.1B

2020/07/13 by Skye Li 2 Comments

Colliers International announced recently that it had assisted Shanghai’s Great Wall Real Estate Group in the sale of the city’s Great Wall Financial Building, marking the largest single-buyer transaction involving a foreign institution in China’s commercial capital this year.

The… Read More>>

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