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Suchad Chiaranussati SC

SC Capital Buys Sydney Office Building From Centuria for A$105M

2019/12/04 by James Hatton Leave a Comment

SC Capital Partners has announced that it has inked a deal to purchase a grade A office tower just outside of Sydney for A$105.3 million ($72 million), as the company doubles down on its exposure in Australia.

The Singapore-based private… Read More>>

Pony Ma Tencent

Tencent Pays RMB 8.5B for Mixed-Use Site on Shenzhen’s Qianhai Bay

2019/12/04 by Jan Kot Leave a Comment

The Shenzhen government has awarded tech giant Tencent an 809,124 square metre (8.7 million square foot) plot of reclaimed land to develop a “future city” focused on technology and innovation, according to an announcement by the city’s Land and Real… Read More>>

Zhu Mengyi Hopson Development

Hopson Agrees to Buy Stalled NYC Project From Struggling Mainland Developer for $113M 

2019/12/04 by James Hatton Leave a Comment

Mainland China developer Hopson Development Holdings is poised to make its first overseas acquisition after agreeing to buy a stalled residential project in New York for $113.5 million, according to a company announcement to the Hong Kong stock exchange.

With… Read More>>

Mapletree Hiew Yoon Khong

Mapletree Closes on A$654M in Funding for A$1.4B Aussie Office Trust 

2019/12/03 by James Hatton Leave a Comment

Mapletree Investments has boosted its capital management portfolio with the closing of a new Australia-focused private trust at A$654 million ($447 million) in total equity, according to an announcement from the Temasek Holdings-backed real estate firm.

MASCOT Private Trust, which… Read More>>

Lu Wing Chi

Hong Kong’s SEA Holdings Said Buying London’s Sanctuary Buildings From Hana JV for £300M

2019/12/03 by Jan Kot Leave a Comment

Hong Kong-listed SEA Holdings is said to have purchased London’s Sanctuary Buildings from a Hana Alternative Asset Management-led consortium less than a year after the Korean investors bought the property from Blackstone, according to a local media report.

The consortium,… Read More>>

Frasers REIT Managers Propose S$5.7B Supersized Singapore Merger

2019/12/02 by James Hatton Leave a Comment

The managers of a pair of Frasers Property-sponsored real estate investment trusts have agreed to the terms of a merger, which if approved by their unit holders, will result in a single REIT with a portfolio valued at S$5.7 billion… Read More>>

Cushman Leads Brokerage Wins with HK$378M HSBC Deal in Kwun Tong  Mingtiandi Broker Battle

2019/12/02 by James Hatton Leave a Comment

Cushman & Wakefield tops the deal charts in this week’s roundup of brokerage wins with a victory in Hong Kong that saw the firm advise on the sale of a pair of floors in Kwun Tong’s World Tech Centre to… Read More>>

Teresa Zhuge GLP

GLP Launches RMB 15B China Logistics Fund

2019/12/01 by Mingtiandi Team Leave a Comment

Asia’s largest warehouse developer Global Logistic Properties (GLP) has set up a new, RMB 15 billion ($2.1 billion) fund to invest in stabilized logistics assets in China.

The vehicle, GLP China Income Partners I, marks the Singapore-based company’s third fund… Read More>>

Raymond Kwok Sun Hung Kai

Sun Hung Kai Buys West Kowloon Site for HK$42B as Market Slides

2019/11/30 by Jan Kot Leave a Comment

The Hong Kong government has sold the biggest plot of land ever put on sale in the Asian financial hub to Sun Hung Kai Properties for HK$42.23 billion ($5.4 billion), according to an announcement by the city’s Lands Department.

The… Read More>>

liu chengcheng Kr Space

Kr Space Surrenders Times Square Location in Final Retreat From Hong Kong 

2019/11/28 by Jan Kot Leave a Comment

Kr Space has surrendered its lease in Hong Kong’s Times Square, bringing to a close the mainland co-working startup’s  ill-fated venture into the Asian financial hub, according to industry sources who spoke with Mingtiandi.

The Beijing-based operator, which completed a… Read More>>

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