Asia Pacific real estate investment news and information
Logos Group has expanded its Southeast Asia footprint with the acquisition of a redevelopment site in Singapore through a S$1.2 billion ($850 million) fund set up with a pair of long-term institutional partners.
The Sydney-based developer and fund manager made… Read More>>
Mainland electronics conglomerate Realord Group Holdings has made a voluntary conditional cash offer to buy out Hong Kong’s Sincere Group in a deal that values the city’s oldest Chinese-owned department store group at HK$500 million ($65 million), according to a… Read More>>
Veteran fund manager Greg Lapham has joined Savills Investment Management in Hong Kong, as the property investment arm of London-listed property services firm Savills continues to build its team in the region.
A representative of the firm confirmed to Mingtiandi… Read More>>
The property conglomerate chaired by the son of Hong Kong’s richest man has warned shareholders to expect a fall in profits for the first half of the year, marking the first time the company has issued a profit warning since… Read More>>
One of Hong Kong’s wealthiest men has moved a step closer to developing a residential complex in the city’s Sai Ying Pun district after successfully applying for a compulsory sale of the remaining units in a 61-year-old walk-up near the… Read More>>
The Hong Kong government has scrapped the sale of the second-largest commercial site at Kai Tak, marking the latest blow to its plans for redeveloping the former airport site.
The city’s Lands Department said that it had cancelled the tender… Read More>>
Occupancy at Hong Kong’s famed Peninsula hotel plunged to 14 percent in the first three months of the year, as the owner of the 300-room luxury hotel – Hongkong and Shanghai Hotels – suffered from what chairman Sir Michael Kadoorie… Read More>>
Luckin Coffee has sacked its chief executive and chief operating officers after internal investigations by the company brought to light further evidence of wrongdoing related to an accounting fraud scandal exposed by short seller Muddy Waters Research in January.
The… Read More>>
Commercial real estate investment in Asia Pacific hit its lowest level since the global financial crisis during the first three months of the year, as measures put in place to stop the spread of the coronavirus pandemic saw dealmaking almost… Read More>>
Phoenix Property Investors is seeking a buyer for a commercial redevelopment project in Hong Kong’s Wan Chai district at an asking price of HK$330 million ($43 million), according to people familiar with the matter who spoke to Mingtiandi.
The Hong… Read More>>
