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david chan ping chi

Hong Kong Tycoon Sells Floor in the Center for $126.5M as Downturn Drags On

2020/10/25 by Michael Cole Leave a Comment

With tenants continuing to hand back offices in Hong Kong’s traditional business district, a local tycoon has sold off a floor in the Center on Queen’s Road after marketing the commercial asset for two years, according to market sources.

David… Read More>>

alex jeffrey

Savills IM Reaches $200M First Close on Japan Residential Fund

2020/10/21 by Michael Cole Leave a Comment

Savills Investment Management has become the latest fund manager to bet on Japan’s multi-family sector this year with the announcement of a $200 million financing round today.

The investment management affiliate of London-based Savills raised the cash to reach a… Read More>>

Irfan Razack

Blackstone Signs Deal to Buy $1.6B in India Commercial Properties

2020/10/18 by Michael Cole 1 Comment

Less than half of a year after launching its second India REIT IPO, Blackstone could be heading for another trip to the bourse, as the US private equity giant signs a preliminary deal to purchase $1.6 billion in commercial property… Read More>>

pan sutong tb

Goldin Names Purported Buyer of Kowloon HQ as Bankruptcy Looms

2020/10/17 by Michael Cole Leave a Comment

Goldin Financial Holdings released a flurry of announcements late Friday, including the terms of a provisional agreement for a record-breaking sale of its Kowloon East headquarters, as the Hong Kong-listed firm faces end of the month court rulings that could… Read More>>

kent yang SLP

GLP Launches Vietnam JV with Trio of Warehouse Projects

2020/10/15 by Michael Cole Leave a Comment

Asia’s largest warehouse builder has become the latest industrial player to bet on Vietnam as GLP today announced its acquisition of a trio of projects in the Southeast Asian nation.

In a statement together with SEA Logistic Partners, a Ho… Read More>>

wang jianlin

Wanda’s AMC Entertainment Says Cash Could Run Dry This Year

2020/10/14 by Elizabeth Kerr 1 Comment

Beijing-based Dalian Wanda Group is discovering yet again that Hollywood is a tough town, as its last remaining overseas trophy warned US financial regulators that it could run out of cash this year.

With attendance down 85 percent this year… Read More>>

Nuveen Uiwang Logistics

Nuveen Real Estate Acquires Seoul-Area Logistics Facility for $122M

2020/10/08 by Elizabeth Kerr Leave a Comment

Nuveen Real Estate continued its focus on northern Asia this week as the Chicago-based fund manager announced the $122 million (KRW 145 billion) acquisition of a last-mile logistics facility near Seoul.

The purchase of the 84,300 square metre ( 907,397… Read More>>

John Siu Cushman

Hong Kong Rents Could Fall 21% By Year-End as Tenants Surrender Offices

2020/10/07 by Mingtiandi Team Leave a Comment

Hong Kong office rents dropped for a sixth consecutive quarter in the three months ending 30 September, falling by 4.7 percent from June with analysts predicting that the average cost of leasing desk space in the city will have dropped… Read More>>

glenn hughes logos color

Logos Acquires First Vietnam Project for $350M Logistics JV

2020/10/06 by Michael Cole Leave a Comment

Just two months after establishing a joint venture to expand its Asia Pacific logistics network into Vietnam, Logos Property has acquired its first site in the fast-growing Southeast Asian nation, according to an announcement today.

The Sydney-based warehouse specialist has… Read More>>

Salvatore Takoushian

Eagle Hospitality Trust Directors Arrested in Singapore

2020/10/04 by Michael Cole Leave a Comment

The challenges of a Singapore-listed hotel trust escalated from financial problems to arrests this week as six current and former directors of Eagle Hospitality Trust were hauled in as part of a deepening investigation into its failures to make necessary… Read More>>

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