Asia real estate and outbound investment news
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>>
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>>
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>>
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>>
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>>
With the passing of the lantern festival, the last instalment of the lunar new year, in many parts of Asia last week, the region is back to full speed ahead, with several industry leaders finding new places to work this… Read More>>
Singapore-based real estate fund manager ARA Asset Management announced on Monday that it had purchased a portfolio of 38 Hyatt-branded hotels in the United States from a unit of Lone Star Funds at an undisclosed price, marking ARA’s first foray… Read More>>
Leading today’s roundup, after being elected on an anti-corruption mandate, Malaysian prime minister Mahathir Mohammed says his government will renegotiate billions of dollars of Chinese infrastructure projects in the Southeast Asia nation. Also in the news, Amazon’s cloud computing arm… Read More>>
Dalian Wanda Group is saying goodbye to its partnerships with foreign hotel operators as the Chinese conglomerate continues its quest to build the first globally recognised Chinese premium hotel brand.
While the company has been forced to abandon its attempts… Read More>>
Leading this week’s roundup of people moves, a top hospitality exec has joined Hyatt Hotels to lead the brand’s growth in Greater China. An asset management pro is taking the helm at a newly formed Singaporean investment firm, and CBRE… Read More>>
