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>>
Asia Real Estate People in the News 2017-05-30
Leading off this week’s list of familiar faces in new places is a new senior executive with a Korean pension fund, and a new chairman for a Shenzhen-listed developer, as the region’s real estate professionals continue to find new job… Read More>>
COLI-Sino Land-K Wah JV Wins HK Condo Site with $1.1B Bid and More Asia Real Estate Headlines
Topping today’s headlines is the latest record land sale in Hong Kong, as a mainland-HK joint venture takes home a New Territories residential site for HK$8.33 billion. Also in the headlines, both WeWork and Savills are expanding in India, and… Read More>>
SL Green Sells $525M Stake in NYC Tower to Korea’s NPS, Hines
New York’s biggest office landlord has scored $525 million in new funding for a $3.2 billion Manhattan development, thanks to a recent agreement with Korea’s National Pension Service (NPS) and a division of Houston-based developer Hines.
According to a statement… Read More>>
Hines May Add 475 Homes to Boston Project After Gemdale JV
Leading US developer Hines teamed up with China’s Gemdale Properties & Investment in May to help kickstart a Boston project that has been in the works since 1990.
Now, just over three months later, the transpacific partners have submitted revised… Read More>>
Greater China Real Estate Professionals in the News 2016-01-04
A new year has begun and it brings new roles for many of Greater China’s real estate players. This week a credit and risk expert takes a step up at a global investment bank, a major US developer builds up… Read More>>
Hines Office Project Tops Out in Shanghai’s Jing An
Houston-based developer Hines celebrated its latest milestone in China on Thursday by holding the topping out ceremony for an office project in Shanghai’s Jing An district, which it announced will be named “One Museum Place.”
Now structurally complete, the 54-storey… Read More>>