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spencer fung

GLP Backs HK$7.2B Buyout of Hong Kong’s Li & Fung

2020/03/22 by Michael Cole Leave a Comment

Asia’s largest logistics developer and fund manager is branching out into consumer goods distribution, according to an announcement late Friday by Hong Kong-listed Li & Fung Ltd.

GLP, which has $89 billion in assets under management globally, has teamed up… Read More>>

pan sutong

Goldin Looks to Offload HK$8.9B Kai Tak Plot As Residential Values Slide

2020/03/22 by James Hatton Leave a Comment

Goldin Financial Holdings is hoping to offload a piece of land which had once been part of the runway of Hong Kong’s former airport, as a property slump in the Asian financial hub has been intensified by the virus pandemic.

… Read More>>

wu xiaohui

Anbang Said Selling Dutch Office Portfolio to Aviva for €700M

2020/03/19 by Michael Cole Leave a Comment

A Chinese financial firm which once devoured New York’s Waldorf Astoria has sold off its second set of real estate assets this year, with European media reports indicating that Anbang Insurance has disposed of a set of Netherlands office buildings… Read More>>

Stuart Crow JLL

JLL Leads APAC Investment Brokerage Ranks with $28B in 2019 Deals

2020/03/19 by James Hatton Leave a Comment

JLL topped the list of capital markets brokerages in Asia Pacific’s during 2019 as measured by transaction volumes, according to Real Capital Analytics, in a year that saw $169 billion in investment transactions across the region – a 6 percent… Read More>>

son neumann

Softbank Backs Away From Buying $3B in WeWork Shares, Cites China Restructuring

2020/03/18 by Michael Cole Leave a Comment

Softbank has reportedly pulled back from buying $3 billion in WeWork shares from existing shareholders, citing legal investigations of the company’s management and a possible restructuring of the co-working giant’s China business.

The Japanese investment firm sent a letter to… Read More>>

Xu Jiayin Evergrande

Evergrande Holds on to Crown as China’s Top Developer Despite 2019 Slowdown

2020/03/18 by James Hatton Leave a Comment

China Evergrande has retained its crown as China’s largest developer during 2019, as measured by contracted sales attributed to shareholders, as the country’s residential sector endures a period of slower growth.

The Shenzhen-based company chaired by mainland billionaire Xu Jiayin… Read More>>

chris_gilcrest_bio_opt

CBRE GI, Malaysia’s EPF Buy London Office Block for Reported £330M

2020/03/17 by Michael Cole Leave a Comment

Morgan Stanley Real Estate Investing, together with UK real estate investment house Greycoat, has sold an office building in the City of London to a separate account managed by CBRE Global Investors, according to an announcement this week by the… Read More>>

nicholas chua

Ho Bee Land Wins SG Biomed Project With S$224M Bid

2020/03/17 by Michael Cole Leave a Comment

Ho Bee Land has won the tender for a 41,366 square metre (‭‪445,260 square foot) biomedical facility in Singapore’s One-North development, according to an announcement late Monday by the SGX-listed developer.

The company controlled by property investor Chua Thian Poh… Read More>>

China Housing Construction

China Real Estate Investment Falls 16%, Home Sales Drop 36% in Jan-Feb

2020/03/16 by James Hatton Leave a Comment

Real estate investment in mainland China collapsed over the first two months of 2020, recording its largest contraction since records began, according to statistics published today by the country’s National Bureau of Statistics.

The government agency said that overall property… Read More>>

Park Lane Shopper’s Boulevard

Empty Kowloon Shop Sold at 41% Loss as HK Retail Falls Victim to Virus

2020/03/16 by Michael Cole Leave a Comment

A shop in Hong Kong’s Tsim Sha Tsui shopping district has been sold at a more than 41 percent loss as the city’s virus control measures crimp retail sales and push down commercial rents.

A property investment firm believed to… Read More>>

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