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Metro Tower Seoul

Anbang Unit Buys Seoul Tower From Angelo, Gordon for $225M

2018/01/01 by Michael Cole Leave a Comment

An investment fund backed by Anbang Insurance’s Korean subsidiary has purchased the Metro Tower in Seoul from real estate fund manager Angelo, Gordon and Company and local partner Vestas Investment Management, according to accounts in the Korean media.

The fund… Read More>>

payson cha ming sou

PAG, Hanison Sell Hong Kong Workshop to Tang Shing-bor for HK$1.04B

2017/12/29 by Channing Huang Leave a Comment

Hong Kong chief executive Carrie Lam announced in early October that government bureaus are developing new policies to revitalise old industrial buildings for non-industrial use, but the city’s real estate investors have already begun buying up aging workshops and warehouses… Read More>>

URWork Mao Daqing

Mainland Co-Working Startup URWork Raises $45M in Series C Cash at $1.3B Valuation

2017/12/26 by Michael Cole 3 Comments

Beijing-based URWork has raised RMB 300 million ($46 million) from a trio of mainland investment firms in a series C funding round that values the mainland co-working provider at RMB 9 billion ($1.3 billion), according to a recent announcement by… Read More>>

Keppel Land CEO Ang Wee Gee

Keppel Land Buys Wuxi Site for RMB 2.5B With Plans to Build 2,755 Homes

2017/12/26 by Channing Huang Leave a Comment

Singapore’s Keppel Land has purchased an 18 hectare residential site in Wuxi, China, for RMB 2.53 billion ($387 million) via a government land tender, the company announced on Monday.

Approved for development of a gross floor area of about 360,500 square… Read More>>

Santa Xi Jinping

Happy Holidays From Mingtiandi

2017/12/26 by Michael Cole Leave a Comment

Christmas has come and gone but New Year’s Day is still on the way, which means that there’s still time for all of us here at Mingtiandi to wish our faithful readers a happy holiday season.

It’s been a great… Read More>>

Madeleine Cosgrave

Singapore’s GIC Sovereign Wealth Fund Grabs 50% Stake in UK Mall for $60 Mil

2017/01/02 by Michael Cole Leave a Comment

Singapore’s sovereign wealth fund GIC has made its fourth European real estate investment in the past four months – this time snatching up a 50 percent stake in a new shopping mall in the UK for 48.5 million pounds ($60… Read More>>

Adam Neumann Shanghai

Co-Working, Superman and China’s Rolling Wave of Cash – Asia’s Top 24 Real Estate Stories of 2016

2017/01/02 by Michael Cole Leave a Comment

In 2015 it was defaulting developers and cross-border binging that dominated Asia’s real estate headlines. This year, the defaulting disease seems to have eased, only to be replaced by co-working fever.

Also grabbing investor attention in 2016 were record-setting deals… Read More>>

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