A survey shows that while Hong Kong’s leadership may have lost the plot regarding what makes a great financial centre, they continue their mastery of creating a housing shortage as the city ranks as the world’s least affordable place to… Read More>>
India’s Park Hotels Files for INR 10B IPO and More Asia Real Estate Headlines
Luxury hotels lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that an Indian hospitality group has filed paperwork for a $139 million initial public offering.
In other news around the region, a Mumbai-based… Read More>>
Greenland Group Sells RMB 7.5B Trio of Office Buildings in Shanghai Bund Project
Haitong Securities has agreed to buy a trio of office buildings worth a combined RMB 7.5 billion ($1 billion) in a Greenland Group project on Shanghai’s Bund, according to announcements last week by units of the mainland investment bank.
The… Read More>>
Greenland Group Pays RMB 2.35B to Buy Out Shanghai Retail JV
State-backed Greenland Group said it has taken full ownership of a suburban Shanghai shopping centre after paying RMB 2.35 billion ($33 million) to buy out its partner in the project.
Greenland Group acquired the 50 percent stake in that it… Read More>>
Cromwell E-REIT Closes €80M French Office Buy and More Asia Real Estate Headlines
The country of love leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a Singapore-listed real estate investment trust has finalised the acquisition of three offices in France for €80 million, part of… Read More>>
Greenland Group Unveils Plan for RMB 100B Project on Shanghai’s South Bund
Just three months after buying a 50 percent stake in a site in Shanghai’s Huangpu district from financially troubled China Minsheng Investment Group, state-backed Greenland Group has unveiled plans for a relaunch of what it says is a RMB 100… Read More>>
Blackstone India REIT to Raise $523M in Bonds and More Asia Real Estate Headlines
Stories from Bangalore to Brooklyn their way into Asia’s real estate world today – with a brief stop over in the Bay Area (just the standard Bay Area, without any proclamations of Great-ness).
In Bangalore, Blackstone-backed Embassy Office Parks is… Read More>>
Brookfield Buys Shanghai Complex From Greenland for RMB 10.6B
Canada’s Brookfield Asset Management has agreed to purchase a commercial property project in Shanghai’s South Bund area from Greenland Hong Kong at a valuation of RMB 10.57 billion, according to a stock exchange filing today by the Shanghai-based developer.
The… Read More>>
Greenland Hotels Signs Pair of Deals to Manage Thai Hospitality Projects
The hotel and tourism unit of Shanghai Greenland Group, one of China’s largest real estate developers, announced on March 6th that it has struck new partnerships with three Southeast Asian developers to accelerate the global expansion of its hotel management… Read More>>
HK Developer Chinese Estates Sold Only 1 Home in 2018 and More Asia Real Estate Headlines
Developers from around the region are announcing 2018 results that range from good to bad this month, but few developers had it as tought as a major Hong Kong player which only sold one home last year, earning this story… Read More>>
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