Korea’s National Pension Service and US developer Hines have teamed up to buy a 49.5 percent stake in a $2.3 billion New York redevelopment that lead architects Kohn Pederson Fox are billing as one of the jewels of 21st century… Read More>>
ARA, Logos Deal Gets Green Light and More Asia Real Estate Headlines
Logistics leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Singapore’s competition watchdog has given the go-ahead for the proposed merger of ARA Asset Management’s logistics business into the operations of a leading… Read More>>
Asia Real Estate People in the News 2019-11-25
In this week’s edition of Mingtiandi’s People in the News, the head of broker development at WeWork India has announced her resignation as the co-working giant lays off 2,400 staff.
In other people moves around the region, the CEO of… Read More>>
Hong Kong Home Prices Fall 1.4% in August and More Asia Real Estate Headlines
The struggles of Asia’s wealthiest city continue to dominate real estate news from around the region today as home prices in Hong Kong fell by 1.4 percent in August – their fastest decline of 2019. The performance by the Greater… Read More>>
US Developer Hines Opens APAC Headquarters in Hong Kong
Real estate developer Hines announced this week that it has opened an office in Hong Kong to serve as the Houston-based developer’s Asia Pacific headquarters and appointed company veteran Ray Lawler to lead an executive team for the region.
Lawler… Read More>>
Hines Lands Chinese Financial Giant at One Museum Place in Shanghai Sponsored Feature
One Museum Place, a 60-storey skyscraper in the heart of Shanghai’s Jing’an district has landed one of China’s largest securities companies at the newly-completed premium Grade A office tower by US-based developer Hines.
Guotai Junan Securities and its subsidiary Guotai… Read More>>
Hines India’s Stake in Gurgaon Office Tower Could Fetch $175M
Global real state developer Hines plans to sell its 50 percent stake in its first project in India, a premium commercial tower outside of New Delhi, in a deal estimated to fetch around 11.8 billion rupees ($175 million).
A Hines… Read More>>
Hines Promotes Amit Diwan to Head of India Business
Global real estate developer Hines is introducing a new boss for its India operation as the Houston-based company promotes Amit Diwan to managing director and country head.
“We are confident that Amit will build on our standards of excellence in… Read More>>
Singapore’s Mapletree Buys Minneapolis Office Tower for $259M
Minnesota’s record-breaking spell of arctic weather may have prompted a state of emergency last month, but it didn’t stop Singapore’s Mapletree from venturing into the midwestern US state for a major property deal.
The US unit of the real estate… Read More>>
GIC, M&G Join Bidding for $400M Seoul Tower and More Asia Real Estate Headlines
South Korea continues to push its way back into the investment target area today as a $400 million Seoul office tower is said to receive bids from Singapore’s GIC and London-based M&G. Slightly to the south and west, Houston-based Hines… Read More>>
