A pair of South Korean warehouses lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a Swiss asset manager has snapped up two logistics facilities in Icheon for 120 billion won ($104 million).
Hong Kong Princeling Buys HK$916M Peak Pad and More Asia Real Estate Headlines
A generation Z tycoon-in-training leads the way in Mingtiandi’s roundup of real estate headlines today with news that the heir to a lesser-known Hong Kong fortune has purchased a house in Jardines’ Lookout for HK$916 million ($117.33 million), or HK$105,603… Read More>>
Sumitomo Buying India’s Most Expensive Land Parcel for $323M
Japanese conglomerate Sumitomo Corporation is poised to buy the most expensive plot of land ever sold in India, according to local media.
The Tokyo-headquartered conglomerate, which has completed 300 real estate projects globally at a value of $30 billion, submitted… Read More>>
HNA-Backed HK Airlines May Axe More Flights and More Asia Real Estate Headlines
HNA’s increasingly turbulent flight path leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news of trouble in the cockpit as long-haul flights at Hong Kong Airlines may be axed, while bounteous fund raising by mainland… Read More>>
HK Developers Cut Prices by 20% to Lure Back Buyers and More Asia Real Estate Headlines
Hong Kong home sales lead the way in Mingtiandi’s roundup of Asia real estate headlines today as developers take drastic measures to lure reluctant buyers back to the market, with some slashing prices by up to 20 percent, while a… Read More>>
Li Ka-Shing’s Fortune REIT to De-list from SGX and More Asia Real Estate Headlines
The Superman of Hong Kong’s property world leads the way in Mingtiandi’s roundup of Asia headlines today with the news that a REIT managed by an affiliate of the billionaire’s CK Asset Holdings is de-listing from the Singapore stock exchange.
Blackstone Said to Buy Prime Mumbai Office Asset for $358M
US private equity firm Blackstone has acquired a grade A office building in Mumbai for Rs 2,500 crore ($358 million), in one of India’s biggest office property deals this year, according to local media reports.
Owned and developed by Mumbai-based… Read More>>
WeWork Said Planning to Buy Back India Business for $1.9B
US co-working unicorn WeWork is planning to take majority control of its India affiliate in a deal worth $1.9 billion which would allow the shared-office operator to consolidate its operations, and its financial results, in preparation for an initial public… Read More>>
Kwek Family Net Worth Jumps $166M in 1 Day and More Asia Real Estate Headlines
Property dynasties lead the way in Mingtiandi’s roundup of Asia real estate headlines today with news that the net worth of Singapore’s richest family jumped $166 million in a single day following a deal to buy out a London-listed hotel… Read More>>
Credit Suisse Says Trade War Will Hurt HK Market and More Asia Real Estate Headlines
Hong Kong home prices lead the way in Mingtiandi’s roundup of Asia real estate headlines today with a Swiss investment bank warning that US-China tensions will start to bite, while trade tariffs prompt several major hotel groups to double down… Read More>>
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