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Sumitomo Buying India’s Most Expensive Land Parcel for $323M

2019/06/27 by James Hatton Leave a Comment

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 Chen Feng

HNA-Backed HK Airlines May Axe More Flights and More Asia Real Estate Headlines

2019/06/25 by James Hatton Leave a Comment

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>>

Cheng Wai Keung

HK Developers Cut Prices by 20% to Lure Back Buyers and More Asia Real Estate Headlines

2019/06/22 by James Hatton Leave a Comment

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

Li Ka-Shing’s Fortune REIT to De-list from SGX and More Asia Real Estate Headlines

2019/06/20 by James Hatton Leave a Comment

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.

… Read More>>

Stephen Schwarzman

Blackstone Said to Buy Prime Mumbai Office Asset for $358M

2019/06/19 by Jan Kot Leave a Comment

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>>

adam neumann india

WeWork Said Planning to Buy Back India Business for $1.9B

2019/06/17 by Jan Kot Leave a Comment

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>>

sherman kwek cdl

Kwek Family Net Worth Jumps $166M in 1 Day and More Asia Real Estate Headlines

2019/06/11 by James Hatton Leave a Comment

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>>

seline sia credit suisse

Credit Suisse Says Trade War Will Hurt HK Market and More Asia Real Estate Headlines

2019/06/05 by James Hatton Leave a Comment

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

2019/05/21 by James Hatton Leave a Comment

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

2019/05/21 by James Hatton Leave a Comment

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>>

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