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Vincent Lo Shui On

Shui On in $1B China Commercial Property JV With Manulife, China Life

2019/01/03 by Mingtiandi Team 1 Comment

Hong Kong-listed developer Shui On Land has announced that it is partnering with two insurance giants to invest in commercial real estate ventures in China as it continues to lean on financial services companies to rebuild its mainland portfolio.

The… Read More>>

ben lee keppel

Keppel Adds $80M Beijing Office Building to China Portfolio

2019/01/03 by Mingtiandi Team Leave a Comment

Keppel Land China has announced it will acquire an 11-storey office building in Beijing’s Haidian district from A Li Yun Shan (Beijing) Business Consulting for RMB 555 million ($80.8 million), with the transaction expected to be completed sometime during the… Read More>>

Yu Ying

Sunac China Names Former Baoneng, Poly Exec as New CEO

2019/01/03 by Mingtiandi Team Leave a Comment

Hong Kong-listed developer Sunac China Holdings has selected former Baoneng Group senior vice president Yu Ying as its new chief executive officer, according to a report in mainland news site The Paper.

The change in leadership at the top five… Read More>>

Evan Kleinberg WeWork

WeWork Turns to Revenue Sharing With Developers After Opening 123 Asian Centres

2019/01/02 by Jan Kot 2 Comments

After two years of operating and expanding its Asian operation to 123 centres in nine countries, New York-based co-working provider WeWork believes its brand power and client demand has prepared it to begin partnering with landlords to supply the region’s… Read More>>

Patanjali Keswani Lemon Tree

Warburg Pincus Forms $430M Co-Living JV With India’s Lemon Tree Hotels

2019/01/02 by Jan Kot Leave a Comment

US private equity giant Warburg Pincus is extending its bets on Asia’s rental residential sector by partnering with India’s largest mid-priced hotel chain, Lemon Tree Hotels, in an INR 30 billion ($430 million) joint equity investment to create a new co-living… Read More>>

Mount Nicholson Hong Kong

HK$58 Million Shave on Hong Kong Villa Takes Shine Off Luxury Market

2019/01/02 by Vincent Morkri Leave a Comment

Hong Kong’s bellwether for extravagant living — housing prices Peak area — suffered a proper dinging after a residence in the tony Mount Nicholson development sold at a price whose discount alone would build a stately mansion almost anywhere else… Read More>>

yan jianguo coli

COLI Wins Plot on HK’s Former Kai Tak Runway for Bargain HK$8B

2018/12/29 by Jan Kot Leave a Comment

China Overseas Land & Investment (COLI) picked up Hong Kong’s final residential plot of the year for a bargain HK$8.03 billion ($1.03 billion), as clouds gather over Asia’s most expensive real estate market.

The state-run mainland developer purchased the site on… Read More>>

ellen ng

Warburg Pincus Invests $300M in China Commercial Redevelopment JV

2018/12/27 by Jan Kot Leave a Comment

Warburg Pincus will invest up to $300 million in a new joint venture with Shanghai-based urban renewal operator CREATER to acquire and redevelop real estate projects in China’s first-tier cities, according to a statement jointly released by the two companies… Read More>>

Hong Kong Central

Hong Kong Office Rents Grew Just 0.3% in November on Declining Market

2018/12/24 by Vincent Morkri Leave a Comment

The grade A office rental market in Hong Kong showed signs of further softening in November, with several major real estate services firms in agreement that leasing demand would continue to dissipate on the back of a declining economy, rising… Read More>>

James Chou Arch Capital

Arch Capital Snags Taiwan Mall for $450 Million in JV Deal

2018/12/20 by Vincent Morkri Leave a Comment

Hong Kong-based Arch Capital Property Advisors has spread its investment wings into Taiwan’s commercial sphere, acquiring the Taimall Shopping Center in Taoyuan for about NT$13.8 billion ($450 million) on behalf of an unidentified institutional investor, who partnered with Taiwanese investment trust… Read More>>

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