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Leung Moon Lam

Mainland Property Tycoon Loses 31% on Hong Kong Office Sale

2020/08/23 by Elizabeth Utley Leave a Comment

A founder of a Hong Kong-listed mainland developer appears to have taken a 30 percent haircut on an office investment in the New Territories as the city’s commercial real estate market continues to slip this year.

A set of three… Read More>>

yi gang pboc

China’s Central Bank, MOHURD Target Indebted Developers

2020/08/22 by Mingtiandi Team Leave a Comment

After loosening the financial reins to boost an economy pummelled by the Covid-19 crisis in February this year, the Chinese government appears to be rolling out new measures to clamp down on flows of capital into the country’s now surging… Read More>>

nigel clarkson Stratus

CEO of Cromwell-Backed Data Centre Platform Previously Convicted of Stealing From Clients

2020/08/21 by Michael Cole Leave a Comment

Australia’s Cromwell Property Group appeared to have latched onto a hot opportunity last month when it announced a new investment platform, together with a pair of partners, that would soon invest $1 billion in Europe’s fast-growing data centre sector.

However,… Read More>>

Charles Ma Greystar

Greystar Announces Second China Project After Buying Jing’an Site

2020/08/20 by Elizabeth Utley Leave a Comment

Greystar has acquired a site on Qiujiang Road in Shanghai’s Jing’an district for development under the American apartment builder and operator’s LIV’N rental brand, the company announced on 10 August.

The developer and fund manager purchased the roughly 8,000 square… Read More>>

trent iliffe

Logos Enters Vietnam with $350M Logistics Development JV

2020/08/19 by Michael Cole Leave a Comment

Logistics development specialist Logos Property has entered the Vietnam market with a $350 million joint venture with an unnamed global institutional investor, according to an announcement by the Sydney-based firm today.

The ARA Asset Management-backed warehouse builder and fund manager,… Read More>>

Samsung Hub Singapore

Singapore’s Sun Venture Tries for Record Office Price as Market Rebounds

2020/08/19 by Jonathan Burgos Leave a Comment

Singapore-based Sun Venture is aiming for a record price for a set of strata floors in the city’s urban core as investor demand returns to the financial hub.

The investment manager has put up for sale floors nine and 10… Read More>>

David Harrison Charter Hall

Singapore’s GIC, Charter Hall Investing A$682M for Aussie Convenience Store Stake

2020/08/18 by Jonathan Burgos Leave a Comment

Singapore’s sovereign wealth fund has partnered with Australian property group Charter Hall to buy a 49 percent stake in a portfolio of convenience stores operated by Ampol, Australia’s biggest oil refiner, for A$682 million ($488.9 million).

Ampol, formerly Caltex Australia,… Read More>>

stan tang hong kong

Hong Kong’s Billionaire Shop King Sued for HK$12M in Back Rent

2020/08/18 by Elizabeth Utley Leave a Comment

Tang Shing-Bor, known in Hong Kong as the “Shop King” has hit a patch of legal trouble after failing to pay more than HK$12 million ($1.5 million) in rent, according to local news reports.

The owners of a building at… Read More>>

KK Fung JLL

Big Data, Cloud Computing in Demand as Proptech Takes Off in China, Says JLL

2020/08/18 by Mingtiandi Team Leave a Comment

Growing cooperation between real estate companies and technology firms is boosting adoption of technology in China’s property sector as demand grows for big data, cloud computing and Internet of Things solutions, according to a report published today by JLL.

A… Read More>>

xu jiayin

Alibaba, Tencent, Huatai Lead $3B Investment in Evergrande Spin-Off Pre-IPO

2020/08/16 by Skye Li Leave a Comment

Some of Greater China’s largest investors have agreed to pay a total of HK$23.5 billion ($3 billion) for stakes in China Evergrande’s property management unit ahead of an anticipated IPO in Hong Kong, according to an announcement late last week.

… Read More>>

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