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Anthony-Couse

JLL Picks up Project and Construction Management Firm JCL in Manila

2018/04/25 by Greg Isaacson Leave a Comment

Global real estate consultancy JLL is boosting its operations in the Philippines by scooping up a Manila-based project and construction management firm with over 40 staff.

JLL has acquired JCL International, which is led by senior partners John Morgan and… Read More>>

Esprit Causeway Bay

Esprit Bails on HK$2M Per Month Causeway Bay Flagship Store

2018/04/25 by Shawna Kwan Leave a Comment

Hong Kong-listed fashion brand Esprit Holdings will not renew the lease for its flagship store in Causeway Bay, according to local media reports.

The lease for the 7,000 square foot (650 square metre) store in Leighton Centre at 77 Leighton… Read More>>

Wang Yonghong Zhonghong

Chinese Developer Defaults on $364M in Debt One Year After $449M Blackstone Deal

2018/04/24 by Shawna Kwan Leave a Comment

Less than one year after its offshore affiliate paid $449 million to buy a stake in Seaworld from Blackstone, and just nine months after that same unit failed in its $4 billion bid to buy out US senior living operator… Read More>>

Lewis Tung

HK$660M Sale of Floor in Admiralty Office Tower Breaks Hong Kong Price Record – Again

2018/04/24 by Shawna Kwan Leave a Comment

Less than two weeks after a floor in 9 Queen’s Road Central claimed the title as the city’s most expensive strata-titled property, a floor in Far East Finance Centre has reportedly broken that short-lived price record.

The 33rd floor of… Read More>>

Knight Frank Builds Overseas Project Marketing Team with Twin Hong Kong Hire

2018/04/24 by Greg Isaacson Leave a Comment

Global property consultancy Knight Frank is bringing a pair of cross-border sales specialists on board to market residential projects in the UK to buyers in Hong Kong. Mei Wong and Fiona Priest are joining the company’s Hong Kong office to… Read More>>

Edwin Leong

Hong Kong’s Shop King Consolidates Western Site with HK$810M Buy of Butterfly Hotel

2018/04/22 by Shawna Kwan Leave a Comment

Edwin Leong Siu-hung, chairman of property developer Tai Hung Fai Enterprise and one of Hong Kong’s wealthiest men, is consolidating a block of properties in Sai Ying Pun, two MTR stations west of Central after spending over HK$1.5 billion ($191… Read More>>

LaSalle Sells Korean Warehouse to Deutsche Bank’s DWS for $57M

2018/04/22 by Greg Isaacson Leave a Comment

Deutsche Bank’s asset management arm has bought a recently completed logistics warehouse in Icheon City, south of Seoul for 61.2 billion won ($57.4 million), as global real estate investors pile into Korea’s modernising logistics sector.

DWS (formerly Deutsche Asset Management)… Read More>>

Lam Chi-fung

Hugo Lam Buys Kwun Tong Industrial Site for HK$1.6B With Plans for New Office Project

2018/04/21 by Shawna Kwan Leave a Comment

One of Hong Kong’s most aggressive real estate speculators is making good on a pledge of love for Kowloon East, as Hugo Lam Chi-fung has scooped up a Kwun Tong industrial site for HK$1.6 billion ($204 million).

This latest real… Read More>>

James von Klemperer KPF

KPF-Led Group Wins Bid to Design Changi Airport Terminal Five in SG

2018/04/21 by Greg Isaacson Leave a Comment

Global architecture firms Kohn Pedersen Fox Associates (KPF) and Heatherwick Studio have won a bid to design the next major extension for Singapore’s Changi Airport, the sixth-busiest air hub in the world.

The two firms along with Singapore’s Architects 61… Read More>>

Beijing CBD Core Area

Beijing Restricts Building Heights in Prime District — Derails RMB 8.6B in Office Projects

2018/04/19 by Shawna Kwan Leave a Comment

The Beijing government has retroactively restricted the height of buildings in a prime plot of the city’s core business district to as low as 100 metres, truncating the building heights and potential investment returns of developers who purchased more than… Read More>>

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