Asia real estate and outbound investment news
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>>
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>>
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>>
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>>
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>>
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>>
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>>
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>>
China’s hunger for real estate in global gateway cities was demonstrated again this week when word leaked that the Bank of China is purchasing a Manhattan office tower for a sum said to approach $600 million.
The big four Chinese… Read More>>
US-based real estate developer Hines announced this week that its bid had been accepted for a 17,937 square metre site in downtown Shanghai, China, where it plans to develop a 156,000 square metre mixed-use project.
Hines bid of RMB 3.706… Read More>>
