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Grosvenor Asia Pacific Names Lawrence Tsang as Chief Financial Officer

2019/05/07 by James Hatton Leave a Comment

London-based Grosvenor Group has appointed Lawrence Tsang as chief financial officer of its Grosvenor Asia Pacific division, according to an announcement this week by the property group owned by the UK’s Duke of Westminster and the Grosvenor family.

Tsang joins… Read More>>

charles yan colliers

Colliers Appoints Charles Yan as Managing Director for North China

2019/05/07 by James Hatton Leave a Comment

Colliers International has brought in former Cushman and Wakefield and CBRE executive Charles Yan to head up its North China business, according to an announcement by the NASDAQ-listed property services company.

Yan’s appointment follows February’s departure of the company’s previous… Read More>>

JLL Brokers $221M Keppel REIT-PGIM Deal in Seoul and More Asia Agency Wins Mingtiandi Broker Battle

2019/05/06 by James Hatton Leave a Comment

Seoul takes centre stage in Mingtiandi’s latest accounting of Asia’s biggest brokerage wins with JLL assisting with a KRW 252.6 billion trade for an office asset in the Korean capital’s central business district as activity also picks up in Hong… Read More>>

Kelvin Wong Pamfleet

Pamfleet Reaches $100M Final Close on 2nd China Real Estate Fund – Exclusive

2019/05/05 by Michael Cole Leave a Comment

Hong Kong-based Pamfleet has raised $100 million for its second mainland China real estate investment fund, according to sources familiar with the company’s operations who spoke with Mingtiandi.

Pamfleet Shanghai Real Estate Fund II, which reached a final close at… Read More>>

Wang On Tang Ching Ho

Angelo, Gordon-Chellaram JV Selling Hong Kong Retail Podium to Wang On for HK$780M

2019/05/05 by Jan Kot Leave a Comment

A joint venture between US real estate fund manager Angelo Gordon and a Hong Kong family office serving one of the region’s oldest shipping families has agreed to sell a retail property in the New Territories’ Tseung Kwan O area… Read More>>

John Lim ARA Asset Management

ARA Launches $451M Singapore IPO of US Hotel REIT

2019/05/02 by Michael Cole Leave a Comment

ARA Asset Management announced today that it has registered the initial public offering prospectus for ARA US Hospitality Trust, kicking off a $451 million listing for the hotel investment vehicle in Singapore.

The public offer, which began on Thursday night… Read More>>

Song Guangju Poly Real Estate

China Poly Buys Residential Site in Shanghai’s Yangpu District for RMB 4.2B

2019/05/02 by Jan Kot Leave a Comment

Guangzhou-based Poly Developments and Holdings, formerly known as Poly Property Group, has won a Shanghai residential site for RMB 4.179 billion ($621 million) at a government auction, according to an announcement by the Shanghai Land Exchange.

The winning bid by… Read More>>

WONG Ho Ming, Augustine Henderson

Henderson Buys Out Kowloon Buildings at Auction, Aims for 1M Sq Ft Project

2019/05/01 by Michael Cole Leave a Comment

Henderson Land Development added to its pipeline of home town projects this week as it bought out the remaining space in a pair of aging buildings in Kowloon’s Hung Hom area.

The blue chip developer bought the properties, which constituted… Read More>>

Shimao Hui Wing Mau

Tahoe Selling Hangzhou Project Stake to Shimao in RMB 928M Deal

2019/05/01 by Jan Kot Leave a Comment

Troubled mainland developer Tahoe Group on 27 April announced to the Shenzhen stock exchange that it has agreed to sell a 49 percent stake in a mixed-use project in Hangzhou, the capital of China’s Zhejiang province to Shimao Properties for… Read More>>

Adam Neumann WeWork

WeWork Files for IPO – Valuation Remains a Mystery

2019/04/30 by Michael Cole 1 Comment

Less than one month after revealing that its losses reached $1.9 billion in 2018 – more than double its 2017 deficit – WeWork has filed for an IPO in the US.

The shared office giant late on Monday revealed that… Read More>>

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