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>>
GIC Teams with India’s IHCL for $600M Hospitality Investment JV
Singapore’s sovereign wealth fund, GIC and South Asia’s largest hospitality group by market capitalization, IHCL, have agreed to an investment partnership which is expected to be worth $600 million over the next three years, the National Stock Exchange of India-listed… Read More>>
Warburg Pincus JV Commits $400M to Build India Malls and More Asia Real Estate Headlines
Shopping leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that a major US private equity firm is entering what is planned as a $1 billion shopping mall JV in India, while in China, a… Read More>>
HK Airlines President Quits as HNA Saga Continues and More Asia Real Estate Headlines
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>>
HNA Woes Deepen as HK Airlines Auditor Resigns and More Asia Real Estate Headlines
HNA’s turbulent financial trajectory leads the headlines from around Asia today with the news that the auditor at the company’s Hongkong Airlines affiliate has jumped ship, hopefully not taking the last parachute, while there could be stormy weather ahead for… Read More>>
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