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Claire Cormier Thielke Hines

Hines Teams with Carlyle Fund Manager to Buy Guangdong Cold Chain Project

2020/11/18 by Christopher Caillavet Leave a Comment

US-based developer Hines and a Carlyle Group-backed real estate fund manager have joined forces to acquire a 33,800 square metre (363,820 square foot) cold storage facility and adjacent development site in southern China’s Guangdong province.

The property is in Dongguan’s… Read More>>

jeffrey perlman warburg

ESR Readies for $320M Korean REIT IPO in December

2020/11/12 by Elizabeth Kerr Leave a Comment

After achieving Hong Kong’s third-largest IPO of 2019, logistics giant ESR this month announced plans to raise fresh capital through an initial public offering of a Korean real estate investment trust in December.

The new REIT is being sponsored by… Read More>>

Justin Wai Blackstone

Blackstone Buying $1.1B Majority Stake in Guangzhou Logistics Park From R&F

2020/11/10 by Michael Cole Leave a Comment

America’s largest landlord has made the biggest-ever purchase of an industrial real estate asset in China, as Blackstone has agreed to acquire a majority stake in a Guangzhou logistics park for $1.1 billion, according to an announcement today.

Blackstone is… Read More>>

william liem tuan sing

Singapore’s Tuan Sing Selling Robinson Road Office Tower for S$500M

2020/11/10 by Christopher Caillavet Leave a Comment

Tuan Sing Holdings is making one of Singapore’s largest commercial real estate sales this year after signing a S$500 million ($371 million) sale and purchase agreement with a BVI-registered buyer for the firm’s Robinson Point office building.

In a statement… Read More>>

Thomas Lau

Hong Kong Dept Store Owner Closes In on $307M Buy of BP’s London HQ

2020/11/05 by Elizabeth Kerr Leave a Comment

Hong Kong-listed Lifestyle International Holdings is close to signing a deal to purchase BP’s London headquarters at posh 1 St James’s Square for a reported £235 million ($307 million), as investors from the Asian financial hub continue to favour London… Read More>>

CapitaLand Chairman Ng to Retire as Singapore Giant Rebounds in Q3

2020/11/04 by Christopher Caillavet Leave a Comment

CapitaLand on Tuesday announced the retirement of Ng Kee Choe as chairman, effective at the close of next April’s general meeting, as Southeast Asia’s largest developer highlighted signs of recovery in its third-quarter business update.

Miguel Ko, the deputy chairman,… Read More>>

One Raffles Quay Raffles Place SG

APAC Property Investment Spikes 35% as Institutions Step Up

2020/11/03 by Christopher Caillavet Leave a Comment

Real estate investment in Asia Pacific showed signs of recovery in the third quarter of 2020 as volume shot up 35 percent from the previous three months, supported by the return of institutional investors who had stayed on the sidelines… Read More>>

pan sutong goldin

Hong Kong Court Paves Way for Sale of Goldin’s Kowloon East HQ

2020/10/30 by Michael Cole 2 Comments

Mainland tycoon Pan Sutong has lost his battle for control of his Kowloon East headquarters, as Hong Kong’s High Court today ruled in favour of creditors which had seized the property in July.

The court confirmed that Smart Edge Ltd,… Read More>>

Merlin Swire

Swire in Talks to Sell Cityplaza One in Hong Kong

2020/10/28 by Michael Cole Leave a Comment

Just over one week after its airline division cut 6,000 workers, the property development business of Hong Kong’s Swire Group says it is in talks to dispose of an office building on Hong Kong island.

Swire Properties announced to the… Read More>>

ravi menon mas

Singapore Ready to Remove Manager of Hotel REIT After Legal Breaches

2020/10/27 by Michael Cole Leave a Comment

The Monetary Authority of Singapore has seen enough of the ongoing saga of Eagle Hospitality Trust, with the country’s central bank saying on Monday that it aims to remove the manager of the hotel REIT.

In an announcement on its… Read More>>

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