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>>
GLP Launches Vietnam JV with Trio of Warehouse Projects
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>>
Wanda’s AMC Entertainment Says Cash Could Run Dry This Year
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 Real Estate Acquires Seoul-Area Logistics Facility for $122M
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>>
Hong Kong Rents Could Fall 21% By Year-End as Tenants Surrender Offices
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>>
Logos Acquires First Vietnam Project for $350M Logistics JV
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>>
Eagle Hospitality Trust Directors Arrested in Singapore
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>>
Bain Capital Data Centre Operator Raises $540M in NASDAQ IPO
A Bain Capital-backed data centre operator made a hyperscale debut on NASDAQ exchange yesterday with shares climbing by more than 20 percent after being priced at the top of their expected range.
Chindata, a Beijing-based developer and operator of Internet… Read More>>
GLP Raises $1.3B for European Logistics Fund
Asia’s largest logistics developer and fund manager revealed a major expansion of its European platform this week by announcing a €1.1 billion ($1.3 billion) first close on a fund spanning nine countries on the continent.
GLP raised the cash for… Read More>>
Blackstone China Real Estate Boss Tim Wang Leaving Firm at Year-End
The head of Blackstone’s real estate business in mainland China is leaving the firm, Mingtiandi has learned, with ten-year company veteran Tim Wang due to leave the company by the end of this year, according to two sources familiar with… Read More>>
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