Just two weeks after being added to an SEC watchlist which could lead to its shares being delisted by the New York Stock Exchange, Chinese real estate brokerage Ke Holdings has found a new home for its equity, with that… Read More>>
Hong Kong-listed JD Logistics is expanding its shipping network on the mainland amid a region-wide boom in the sector, having entered an agreement to buy a 66.5 percent stake in Shanghai-based Deppon Logistics for RMB 8.97 billion ($1.4 billion).
The… Read More>>
Top level moves in Hong Kong and Singapore lead this week’s collection of personnel changes around the region, including a new boss at Champion REIT and a former Keppel REIT chief resurfacing at competitor CapitaLand.
We also… Read More>>
In today’s roundup of regional news headlines, officials slap trade restrictions on some of developer China Evergrande’s onshore bonds, Blackstone cashes out of part of its stake in India’s Embassy Office Parks REIT, and a COVID-hit travel agency offloads its… Read More>>
JD.com’s real estate division has agreed to buy a controlling stake in Hong Kong-listed China Logistics Property Holdings, giving the e-commerce giant an opportunity to beef up its portfolio of distribution centres amid consolidation and rising rents in the warehouse… Read More>>
Hong Kong-listed China Logistics Property Holdings has reeled in a candidate for taking over the mainland warehouse operator, with market sources confirming to Mingtiandi that e-commerce giant JD.com has proposed buying a controlling stake of 26.38 percent in the company.
The trials of one of Singapore’s largest developers are leading Mingtiandi’s headline roundup again today as local media in South Korea report that the company is in talks to sell the Millennium Hilton Hotel in Seoul for nearly $900 million.
China’s second-largest e-commerce player has set up its own property fund management business and now has support from a US private equity giant and a mainland venture fund to grow that asset management venture, according to recent announcements.
JD Property,… Read More>>
In today’s roundup of regional news headlines, Hong Kong retailer Giordano plans to close six stores in the city after reporting a full-year loss, JD.com’s shares slide on fears of overstretched logistics spending, and China Evergrande’s chairman looks beyond his… Read More>>
Warehouses could be the source of one of Hong Kong’s biggest initial public offerings again this year after JD.com late Tuesday announced plans to list its logistics unit on the city’s bourse.
The offering, which is backed by the e-commerce… Read More>>