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lai jing dong

M&G Buying Four Singapore Car Showrooms From Cycle & Carriage

2022/10/23 by Beatrice Laforga Leave a Comment

M&G Real Estate has agreed to acquire four car showrooms in Singapore from auto distributor Jardine Cycle & Carriage (JC&C) for an undisclosed sum, according to industry sources who spoke with Mingtiandi.

UK-based M&G signed a sale and purchase agreement… Read More>>

Mandarin Oriental Selling DC Hotel to UK’s Henderson Park For $139M

2022/07/19 by Beatrice Laforga Leave a Comment

Hong Kong-based Mandarin Oriental International is selling its five-star luxury hotel in Washington DC to UK asset manager Henderson Park for $139 million as the Jardine Matheson-controlled firm continues to offload US assets on weak corporate bookings.

Mandarin Oriental told… Read More>>

Ben Keswick Hongkong Land

Hongkong Land Q1 Underlying Profit Ticks Up Despite Pandemic Pain on Home Turf

2022/05/22 by Christopher Caillavet Leave a Comment

Hongkong Land reported higher underlying profit in the first quarter of 2022 compared with year-earlier levels, as a rise in completions from its development pipeline in mainland China offset COVID-led weakness in the group’s office and retail portfolios at home.

… Read More>>

Hongkong Land Takes on First Logistics Project with Logos Indonesia JV 

2022/02/09 by Beatrice Laforga Leave a Comment

Hongkong Land is embarking on its first-ever logistics project by teaming up with its Indonesian sister firm PT Astra International and warehouse specialist Logos Property in a joint venture to develop and manage warehouses in Southeast Asia’s largest economy.

The… Read More>>

link reit ceo george hongchoy and chairman Nicholas Allen

Link REIT Buys Hong Kong Auto Facilities, Guangdong Sheds for Combined $865M

2021/11/11 by Michael Cole Leave a Comment

Just days after unveiling its acquisition of a trio of retail assets in Sydney, Link REIT has announced the purchase of four more properties in a single day to bring its deal total for the week to nearly $1.26 billion.

… Read More>>

Ben Keswick Hongkong Land

Hongkong Land Keeps Calm After Underlying Profit Rose 12% in 2021 1H

2021/07/31 by Christopher Caillavet Leave a Comment

Hongkong Land Holdings on Thursday reported a 12 percent year-on-year rise in first-half underlying profit and a narrowing of net losses, as the developer synonymous with Hong Kong’s commercial core continues to muddle through challenging times for commercial landlords.

The… Read More>>

Simon Dixon, Hongk,ong Land

Craig Beattie to Succeed Simon Dixon as Hongkong Land Finance Chief

2021/05/20 by Christopher Caillavet Leave a Comment

Blue-chip developer Hongkong Land announced Thursday that chief financial officer Simon Dixon is stepping down from his role at the end of August to return to Australia.

Dixon will be succeeded by Craig Beattie, currently chief financial officer of hotel… Read More>>

Solar panels on Singaporean rooftops

Facebook Taps SG Rooftops to Power Data Centre and More Asia Real Estate Headlines

2020/10/06 by Shiunne Bulsombut Leave a Comment

The promise of a greener data centre leads today’s real estate news as Facebook signs a deal that promises to power its Singapore bit barn through solar panels on top of the city’s omnipresent apartment blocks.

Also seeking some sustainability… Read More>>

Ben Keswick Hongkong Land

Mandarin Oriental Hotels Reports $435.5M Loss for 2020 1H

2020/08/04 by Jonathan Burgos Leave a Comment

The Mandarin Oriental Hotel Group said late last week that its net loss in the first half of 2020 widened to $435.5 million from $7.1 million over the same period one year ago, as the COVID-19 pandemic shuttered its hotels… Read More>>

john witt hongkong land

HongKong Land Profit Drops 24% as Retail Properties Suffer

2020/07/31 by Skye Li 1 Comment

Hongkong Land, the biggest landlord in Hong Kong’s Central district, saw its underlying profit drop 24 percent in the first half of this year as retail rent relief, lower shop turnover and slower residential completions dented revenue.

In announcing its… Read More>>

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