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serene nah kerry

Asia Real Estate People in the News 2022-04-25

2022/04/25 by Michael Cole Leave a Comment

After completing its takeover of ARA Asset Management three months ago, Hong Kong-listed ESR is adding some diversity to its board, with that update leading our weekly roundup of personnel moves from around the region. Also making our list this… Read More>>

Hui Wing Mau Shimao

Shimao Selling Shanghai’s Hyatt on the Bund to State Developer for $708M

2022/01/30 by Michael Cole Leave a Comment

Defaulting real estate developer Shimao Group has agreed to sell the Hyatt on the Bund Hotel in Shanghai to a property investment firm controlled by the city government for RMB 4.5 billion ($707.5 million), the Hong Kong-listed company said in… Read More>>

westin st francis

Mirae Plans Anbang Hotel Deal Countersuit and More Asia Real Estate Headlines

2020/05/12 by James Hatton Leave a Comment

Legal battles push viruses out of the headlines today as Korea’s Mirae Asset Management fires a fresh salvo in a court battle with China’s Dajia Insurance over a failed $5.8 billion hotel deal.

Also finding space in Mingtiandi’s real estate… Read More>>

peng xinkuang sre group

SRE Group Directors Charged with Embezzlement and More Asia Real Estate Headlines   

2020/02/23 by James Hatton Leave a Comment

Embezzlement leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the chairman of SRE Group, who was detained in January, has now been formally charged with embezzlement, along with an executive director of… Read More>>

CBRE Leads Brokerage Wins with Warburg Pincus-Backed RMB 3B Beijing Buy Mingtiandi Broker Battle

2020/01/13 by James Hatton Leave a Comment

CBRE tops the deal charts this week after its team assisted a Warburg Pincus-backed JV in acquiring a 25,780 square metre (277,493 square foot) office tower in Beijing.

Also in mainland China, Shenzhen-based commercial real estate agency BlackHills scored with… Read More>>

weijian shan PAG

PAG Joins with Korean Investor to Buy Grand Hyatt Seoul for KRW 560B

2019/12/20 by James Hatton Leave a Comment

PAG has teamed up with Seoul-based Inmark Asset Management to acquire the landmark Grand Hyatt Seoul hotel, as the city’s hospitality sector continues to draw interest from foreign investors.

The Hong Kong-based private equity firm, together with its co-investors, is… Read More>>

Colliers Brokers S$402M Sale of SG Project to Li Ka-shing’s CK Asset and More Agency Wins Mingtiandi Broker Battle

2019/09/09 by James Hatton 1 Comment

A successful collective sale in Singapore leads this edition of Mingtiandi’s roundup of agency wins with Colliers’ having brokered the $291 million sale of an apartment block in District 10 to an entity linked to Hong Kong billionaire Li Ka-shing’s… Read More>>

weijian shan PAG

PAG Said to Sign MOU to Buy Grand Hyatt Seoul for KRW 500B

2019/08/26 by James Hatton Leave a Comment

PAG has signed a memorandum of understanding with Hyatt Hotels Corporation to acquire the Grand Hyatt Seoul for approximately KRW 500 billion ($410 million), according to market sources cited in the Korea Economic Daily.

The investment management firm led by… Read More>>

lee chee koon

CapitaLand Reshuffles Roles After $11B Merger and More Asia Real Estate Headlines

2019/05/28 by James Hatton Leave a Comment

A leadership reshuffle leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that a major Singapore developer that now holds assets under management in excess of S$100 billion is going through a reorganisation at the… Read More>>

chen feng hna

HK Airlines President Quits as HNA Saga Continues and More Asia Real Estate Headlines

2019/05/10 by James Hatton Leave a Comment

HNA’s ongoing Hongkong Airlines saga leads the Mingtiandi roundup of Asia news again today as the financially challenged mainland investment conglomerate plays out its own version of Game of Thrones in the boardroom.

In other news around the region, Guangzhou-based… Read More>>

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serene nah kerry

Hong Kong-listed developer Kerry Properties waited until the city was transfixed with the arrival of a visitor from the … Read More>>

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Top level executive changes at a pair of major mainland real estate companies lead this week’s round-up of personnel … Read More>>

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US developer Tishman Speyer has hired industry veteran Graham Mackie as a managing director to lead the firm’s Asia … Read More>>

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