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Hee-seok Kim hana tb

South Korea’s Hana Buys 95% Stake in Seattle Tower for $669M

2021/01/06 by Christopher Caillavet Leave a Comment

The Korean appetite for outbound investment remains healthy, with Hana Alternative Asset Management having closed out 2020 with one of the year’s largest acquisitions of a single US property asset.

The fund management division of Seoul-based Hana Financial Group in… Read More>>

Anthony-Couse

Asia Pacific Property Investment Set to Rise 15-20% in 2021 Says JLL

2021/01/05 by Christopher Caillavet Leave a Comment

Real estate investment volume in Asia Pacific is poised to rebound with up to 20 percent growth in 2021, led by liquidity-rich North Asia, according to a JLL report.

In its outlook for Asia Pacific capital markets, the property consultancy… Read More>>

Ada Fung CBRE

CBRE Promotes Ada Fung to Head of Hong Kong Office Leasing

2021/01/05 by Christopher Caillavet Leave a Comment

CBRE on Tuesday announced the promotion of Ada Fung to head of office services within its advisory and transaction services division in Hong Kong, with immediate effect.

In her new role, Fung will oversee the office services team and the… Read More>>

jimmy phua CPPIB

Canada’s CPPIB Backs $200M Logos Joint Venture in Indonesia

2021/01/04 by Michael Cole Leave a Comment

Logos Property has raised some fresh cash to expand its Southeast Asia footprint, as the Sydney-based logistics developer and fund manager today announced a new joint venture with the Canada Pension Plan Investment Board (CPPIB).

The board, which managed nearly… Read More>>

Third Director Leaves CDL Board Over Investment in China’s Sincere Property

2021/01/04 by Christopher Caillavet Leave a Comment

The new year is looking much like the old for City Developments Ltd and its board, with a third director in as many months stepping down over the Singaporean firm’s contentious investment in Chinese developer Sincere Property Group.

The resignation… Read More>>

kenny lam manulife

Manulife Biggest Investor in HK$9.8B Buy of Swire’s Cityplaza One in Hong Kong

2021/01/03 by Michael Cole Leave a Comment

Hong Kong’s biggest building sale of 2020 closed on one of the last days of the year, with sign-off on the trade of Swire Properties’ Cityplaza One in Taikoo also bringing to light the deal’s largest investor.

While a consortium… Read More>>

Michael Wong Wai-lun

Hong Kong Govt to Sell Five New Sites by End March Despite Market Uncertainty

2021/01/01 by Michael Cole Leave a Comment

After a record-breaking land sale at Victoria Peak just before year-end, Hong Kong authorities are boosting the supply of residential plots coming to market in the next three months, despite ongoing uncertainty in the housing market.

The city’s secretary for… Read More>>

wang-wenbin foreign ministry

Chinese Govt Derails Hang Lung’s Purchase of US State Dept Site in Hong Kong

2020/12/30 by Michael Cole Leave a Comment

Just a few weeks after cancelling 2020’s biggest IPO, China’s central government has seized another opportunity to assert its authority in the business realm by blocking an agreement for the sale of a US consular property in Hong Kong.

In… Read More>>

Singapore’s CDL Loses Second Director Over Loss-Making Mainland Investment

2020/12/30 by Christopher Caillavet Leave a Comment

For the second time in less than three months, a board member of City Developments Ltd has stepped down over concerns about the Singaporean firm’s investment in mainland Chinese developer Sincere Property Group.

The resignation of independent non-executive director Koh… Read More>>

Corinthian House at 279 Tottenham Court Road in the British capital

Hong Kong’s K&K Buys Pair of London Office Buildings for £180M

2020/12/29 by Michael Cole Leave a Comment

The UK narrowly avoided crashing out of the EU without a trade deal last week, but London may still seem like a haven of stability to investors from places facing their own economic challenges, as Hong Kong developer K&K Property… Read More>>

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