Houston-based developer Hines and the Abu Dhabi Investment Authority (ADIA) have divested a 60-storey skyscraper in downtown Shanghai to a fund backed by China Post Insurance in a deal said to value the project at as much as RMB 10.9… Read More>>
Hines JV to Develop Condo-Led Complex on Delhi’s Birla Mills Site
US builder Hines has joined a trio of Indian partners to develop a residential-led mixed-use complex on the site of a former cotton mill in Delhi.
The project will feature 3 million square feet (278,709 square metres) of condo residences… Read More>>
Asia Real Estate People in the News 2025-01-13
This week’s review of people in transition across Asia brings us an update from Hong Kong where a US industrial giant makes global-level appointment and a Hines veteran has left Sydney to return to Los Angeles. Also in making the… Read More>>
Hines, NPS Resolve $500M Loan on San Fran Asset and More Asia Real Estate Headlines
The Hines-NPS joint venture behind a San Francisco mixed-use development reaches an agreement to pay off a recently matured loan, with that story leading today’s headline roundup. Also making the list, a mystery buyer picks up 26 Hong Kong homes… Read More>>
Hines Said Eyeing $385M North Sydney Office Tower and More Asia Real Estate Headlines
US developer and fund manager Hines leads today’s headline roundup with tentative plans to buy a North Sydney skyscraper. Also in the news, Hong Kong’s New World Development sells a Kowloon industrial tower and Singapore’s GIC seeks more bids for… Read More>>
Hines Affirms Commitment to Aussie Living Sector After BTR Sites Put Up for Sale
Hines has made a strategic shift from developing Australian rental residential assets in favour of purchasing properties with near-term income potential, the US developer and fund manager said Tuesday, after local media suggested the company was retreating from the build-to-rent… Read More>>
Hines Leads $235M Buy of Seoul Office Building in Sale and Lease-Back Deal
Hines has acquired a Seoul office building from local furniture maker Hanssem through a vehicle of Korean real estate investment manager Gravity Asset Management, marking the US developer and fund manager’s second Korean office investment as the sector continues to… Read More>>
Hines, Australia’s Haben Buying Western Sydney Mall From QIC for $605M
A joint venture of US property giant Hines and Australian fund manager Haben has agreed to acquire a western Sydney mall from the Queensland Investment Corporation for A$900 million ($605 million).
The sale of Westpoint Shopping Centre represents the largest-ever… Read More>>
Hines, Ontario Teachers’ Buy Two Brisbane Multi-Family Projects for $242M
US developer and fund manager Hines and the Ontario Teachers’ Pension Plan have completed their acquisition of two build-to-rent projects in Brisbane with a total of 354 units, providing exposure to a growing market for multi-family assets in Australia.
The… Read More>>
Asia Real Estate People in the News 2024-09-09
A resignation from a troubled mainland developer leads this week’s collection of personnel moves from around the region, with Shimao Holdings losing an executive director. There’s also a board move at the manager of Frasers Hospitality Trust in Singapore and… Read More>>
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