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gu gang

HNA Group Sells Shanghai Office Tower to China Cinda for RMB 3.6B

2020/04/19 by James Hatton 1 Comment

Just over a month after Hainan government officials took over HNA Group, a report by Colliers International has revealed that the cash-strapped conglomerate has completed the disposal of the Shanghai HNA Tower for RMB 3.6 billion ($510 million).

The property… Read More>>

Luckin Coffee

Luckin Coffee Scandal Derails Backer’s $2.5B Fund and More Asia Real Estate Headlines

2020/04/18 by James Hatton Leave a Comment

An accounting scandal leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a mainland private equity firm that is a major backer of the coffee chain accused of faking its sales has put… Read More>>

100 market street sydney

Link REIT Completes A$683M Aussie Acquisition and More Asia Real Estate Headlines

2020/04/16 by James Hatton Leave a Comment

Asia’s largest real estate investment trust leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the Hong Kong-based REIT has completed its acquisition of a 10-storey office tower in Sydney from funds managed… Read More>>

Chicago Intercontinental

Mirae Needs More Time to Close $5.8B Anbang Hotel Deal and More Asia Real Estate Headlines

2020/04/15 by James Hatton Leave a Comment

A luxury hotel deal leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the South Korean buyer is said to have asked for some more time to complete the $5.8 billion acquisition, as financing dries up… Read More>>

wework hustle

WeWork Offers Staff $100 Daily Virus Bonuses and More Asia Real Estate Headlines

2020/03/25 by James Hatton Leave a Comment

A US co-working giant leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the company is offering $100-a-day bonuses to lure staff back to its US locations, despite the ongoing pandemic.

In other… Read More>>

China housing

Court Freezes Tianjin Developer Assets and More Asia Real Estate Headlines

2020/03/11 by James Hatton Leave a Comment

Unpaid debt leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a court has frozen assets belonging to a Chinese state-owned developer after it defaulted on RMB 1.7 billion ($240 million) in debt.

… Read More>>

CP to Buy Tesco’s SE Asia Business for $10.6B and More Asia Real Estate Headlines

2020/03/10 by James Hatton Leave a Comment

Britain’s biggest supermarket leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a conglomerate controlled by Thailand’s richest family has agreed to acquire Tesco’s Thai and Malaysian business for $10.6 billion.

In other… Read More>>

gu gang

Hainan Officials Take the Controls as HNA Sends Distress Call

2020/03/02 by Mingtiandi Team Leave a Comment

The Hainan government has moved to take direct control of HNA Group with the appointment of two state officials to leadership roles on the company’s board, according to announcements over the weekend by the financially troubled aviation and investment conglomerate.

… Read More>>

Sun Hung Kai Properties chairman Raymond Kwok

SHK Hotel Business Takes a Beating and More Asia Real Estate Headlines

2020/03/01 by James Hatton Leave a Comment

Hong Kong’s biggest developer by value leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the company’s hotels business took a pounding in the second half of last year, with the group’s chairman… Read More>>

Chen Feng HNA

Hainan Government Said Taking Over HNA as Virus Dents Cashflow

2020/02/23 by James Hatton Leave a Comment

The Hainan government is said to be planning to take over HNA Group and sell off its airline assets, as the indebted conglomerate’s ongoing struggles to meet its financial obligations reach a crisis point.

The provincial government has been forced… Read More>>

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