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Blackstone Completes €66M European Shed Deal and More Asia Real Estate Headlines

2020/03/26 by James Hatton Leave a Comment

European real estate assets lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Blackstone has completed its acquisition of twelve light industrial and logistics properties in Europe from a Singapore-listed REIT.

In other… Read More>>

Nelson Wong JLL

Hong Kong Office Rents Fell 2.2% in February as COVID-19 Rocks Property Market

2020/03/26 by Charles McDermid Leave a Comment

The COVID-19 pandemic continues to batter Hong Kong real estate, with rents in the world’s most expensive office spaces suffering the steepest month-on-month drop in more than a decade, according to a report this week by JLL.

The property consultancy… Read More>>

Lee Tze Bun Le Saunda founder

Hong Kong Shop Sold for Nearly Half Off as Virus Hits Retail

2020/03/25 by Stephanie Li Leave a Comment

Shoppers have disappeared from the streets of Hong Kong, and with retail sales dropping, some store owners in Asia’s most expensive city have resorted to selling the shop.

A store along Nathan Road in Mongkok — normally one of Hong… Read More>>

Peter Lee and Martin Lee Henderson

Henderson Land Underlying Profit Drops 26% in 2019 and More Asia Real Estate Headlines

2020/03/24 by James Hatton Leave a Comment

A Hong Kong developer leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the company controlled by the family of the city’s richest man posted a 26 percent drop in underlying profit to… Read More>>

pan sutong

Goldin Looks to Offload HK$8.9B Kai Tak Plot As Residential Values Slide

2020/03/22 by James Hatton Leave a Comment

Goldin Financial Holdings is hoping to offload a piece of land which had once been part of the runway of Hong Kong’s former airport, as a property slump in the Asian financial hub has been intensified by the virus pandemic.

… Read More>>

son neumann

Softbank Backs Away From Buying $3B in WeWork Shares, Cites China Restructuring

2020/03/18 by Michael Cole Leave a Comment

Softbank has reportedly pulled back from buying $3 billion in WeWork shares from existing shareholders, citing legal investigations of the company’s management and a possible restructuring of the co-working giant’s China business.

The Japanese investment firm sent a letter to… Read More>>

national-storage

Public Storage Backs Out of Aussie REIT Buyout and More Asia Real Estate Headlines

2020/03/18 by James Hatton Leave a Comment

A binned self-storage deal leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the highest bidder for an Australian REIT is said to have backed out of the deal, citing market conditions, having… Read More>>

Park Lane Shopper’s Boulevard

Empty Kowloon Shop Sold at 41% Loss as HK Retail Falls Victim to Virus

2020/03/16 by Michael Cole Leave a Comment

A shop in Hong Kong’s Tsim Sha Tsui shopping district has been sold at a more than 41 percent loss as the city’s virus control measures crimp retail sales and push down commercial rents.

A property investment firm believed to… Read More>>

Blackstone Calls Off A$800M Aussie Shed Sale and More Asia Real Estate Headlines

2020/03/14 by James Hatton Leave a Comment

An abandoned sale leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a US private equity giant has shelved its plan to sell a portfolio of Aussie logistics assets valued at A$800 million… Read More>>

Mirae Selling Chicago Office Tower for $225M and More Asia Real Estate Headlines

2020/03/12 by James Hatton Leave a Comment

A Chicago office block leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a South Korean investor is offloading the 31-storey property for $225 million – just $7 million more than its acquisition… Read More>>

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