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MTR Corporation chairman Frederick Ma

Fresh Scandal Links Hong Kong’s Newly Retired MTR Chief to Jet Junkets with K Wah Chairman

2019/07/01 by James Hatton Leave a Comment

Newly retired MTR Corporation chairman Frederick Ma Si-hang saw out the end of his tenure at the government-backed railway operator amid allegations of misconduct, following publication of videos, photographs and a news account in the Apple Daily newspaper linking the… Read More>>

Samuel WT Chu and Benjamin KY Lee

Phoenix Property Said Receiving Offers Over HK$9B for WeWork’s Causeway Bay Home

2019/07/01 by James Hatton Leave a Comment

Phoenix Property Investors has been receiving offers of over HK$9 billion ($1.15 billion) from buyers interested in purchasing Tower 535 in Causeway Bay, according to sources familiar with the discussions who spoke with Mingtiandi.

The private equity fund manager, which… Read More>>

Charoen Sirivadhanabhakdi

Frasers Property Selling 50% Stake in S$2B Singapore Tower to Korea’s NPS

2019/06/29 by Michael Cole Leave a Comment

Singapore-listed Frasers Property has agreed to sell a 50 percent stake in its namesake office building in the city’s central business district for cash compensation of S$442.7 million ($327.4 million) according to an announcement by the developer late last week.

… Read More>>

K&K Property Buys Kowloon Project From CSI for HK$1.8B

2019/06/29 by James Hatton Leave a Comment

Hong Kong’s K&K Property has acquired three 1960s-era buildings in Tsim Sha Tsui for redevelopment, according to Knight Frank, which brokered the deal on behalf of the developer founded by Laws Group boss Law Ting-pong

In the latest in a string… Read More>>

mohammed saiful alam

Keppel’s Alpha Investment Partners Sells Ibis Novena Hotel for S$170M

2019/06/28 by Michael Cole 4 Comments

Alpha Investment Partners has sold a 241-room hotel in Singapore’s Novena area for just under S$170 million ($125.6 million), according to sources familiar with the transaction who spoke with Mingtiandi.

The private equity division of Keppel Capital has already handed… Read More>>

bobby chin yoke choo jack lam

Google Leases 344,000 SqFt at Frasers’ Alexandra Technopark in Singapore

2019/06/27 by James Hatton Leave a Comment

The manager of Frasers Commercial Trust has entered into an agreement with Google Asia Pacific that will see the California-based tech giant set up a new base in Singapore, according to an announcement to the stock exchange.

The maker of… Read More>>

OYO CEO Ritesh Agarwal

India Hotel Giant OYO Denies China Layoff Reports

2019/06/27 by Jan Kot Leave a Comment

Oyo Hotels & Homes is denying reports that it has conducted mass layoffs in China, after accounts in the local media indicated that the Indian lodging unicorn had cut up to 1,000 mainland staff.

An Oyo spokesperson refuted the claims… Read More>>

largos residences

Weave Co-Living Said Acquiring HK Serviced Apartments for HK$585M

2019/06/25 by Tianyuan Zhang Leave a Comment

Weave co-living is in the process of acquiring a serviced apartment complex at 123 Queen’s Road West in Hong Kong, according to market sources.

The Hong Kong-headquartered firm is said to be paying approximately HK$585 million to purchase the 23-storey… Read More>>

Zhang Jindong Suning

Suning Buys Carrefour’s China Operation Off the Discount Shelf at RMB 4.8B

2019/06/24 by Jan Kot Leave a Comment

Chinese retailer Suning.com has agreed to buy an 80 percent stake in Carrefour Group’s China unit for RMB 4.8 billion ($699 million) in cash, according to an announcement to the Shenzhen stock exchange.

The agreement paves the way for the… Read More>>

CentreHollywood Hong Kong

CBRE Scores HK$595M Sale of Sheung Wan’s CentreHollywood and More Agency Wins Mingtiandi Broker Battle

2019/06/24 by James Hatton Leave a Comment

A pair of Hong Kong deals brokered by the same agency are at the top of Mingtiandi’s latest list of brokerage triumphs this week with CBRE said to have handled the HK$595 million($76.2 million) sale of CentreHollywood, as well as… Read More>>

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