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Edwin Cheung ITC

Mainland Buyer Snaps Up Causeway Bay Hotel at 34% Off

2020/08/30 by Mingtiandi Team Leave a Comment

A compact hostelry in Causeway Bay has become the latest Hong Kong property to change hands at a discount, with a mainland buyer picking up Le Petit Rosedale Hotel in the bustling shopping district for 34 percent below the seller’s… Read More>>

China wedding

China’s Couples Marry Later as Home Ownership Customs Delay Weddings

2020/08/30 by Michael Cole Leave a Comment

Despite home prices having risen by more than half over the past decade, nearly 81 percent of mainland China residents in a recent survey say that couples should buy a home before marriage.

The poll published last week by property… Read More>>

desmond tang Straits Real Estate

Singapore’s Straits Trading Buys UK Business Park for £76.7M

2020/08/27 by Michael Cole Leave a Comment

Singapore’s Straits Trading has revived the island nation’s romance with UK real estate with an announcement late yesterday that it had purchased a business park near London for approximately £76.7 million ($101 million) in cash.

The SGX-listed investment firm purchased… Read More>>

David chan ping chi

Hong Kong’s Cassette King Sells Stake in the Center at 35% Off

2020/08/26 by Michael Cole Leave a Comment

One of the most prominent members of an investment consortium which paid a record $5.15 billion to purchase an office building in Hong Kong’s Central district in November 2017 has just sold a chunk of his holdings in the 73-storey… Read More>>

Darren Searle Logos

Ivanhoé Cambridge, Logos Buy Melbourne Site for A$230M Project

2020/08/26 by Mingtiandi Team Leave a Comment

Ivanhoé Cambridge and ARA Asset Management-backed Logos Property have acquired a site in northern Melbourne from local real estate investor Growthpoint for A$50.2 million ($36.4 million), the companies announced on 24 August.

The Canadian pension fund property investor and its… Read More>>

Yoshiyuki Chosa GLP

GLP Launches $2.6B Open-Ended Japan Logistics Fund

2020/08/25 by Michael Cole Leave a Comment

GLP today announced the launch of a JPY 280 billion ($2.6 billion) Japan logistics vehicle as demand for warehouse assets in core markets continues to grow among institutional investors.

The company, which is the second-largest logistics developer in the world… Read More>>

Stuart Gibson_esr

ESR Leases Entire 78,119 SQM Greater Tokyo Warehouse to Daiwa

2020/08/25 by Elizabeth Utley Leave a Comment

Pan-Asian logistics real estate platform ESR has leased an entire four-storey warehouse project near Tokyo to a logistics services division of Japanese industrial group Daiwa just eight months after renting out half of another facility near the Japanese capital to… Read More>>

JLL Alex Barnes

Hong Kong Tenants Hand Back Offices for 12th Straight Month

2020/08/24 by Michael Cole Leave a Comment

The amount of office space leased in Hong Kong contracted for the twelfth straight month in July as a combination of economic uncertainty, public health emergencies and political tension kept tenants on the sidelines of the world’s most expensive real… Read More>>

David Green-Morgan RCA

China Property Deals Nearly Double as APAC Market Struggles

2020/08/24 by Elizabeth Utley Leave a Comment

Covid-19 has sickened Asia’s property sector as it raises uncertainty and impedes economic activity this year, but one market in the region saw transactions of real estate assets nearly double in the most recent quarter after lockdown restrictions were eased.

… Read More>>

Leung Moon Lam

Mainland Property Tycoon Loses 31% on Hong Kong Office Sale

2020/08/23 by Elizabeth Utley Leave a Comment

A founder of a Hong Kong-listed mainland developer appears to have taken a 30 percent haircut on an office investment in the New Territories as the city’s commercial real estate market continues to slip this year.

A set of three… Read More>>

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