China’s JD.com has followed its rival Alibaba in investing in a major Hong Kong office tower, with the mainland tech giant said to have bought into Lai Sun’s CCB Tower.
Lai Sun Development and parent company Lai Sung Garment announced… Read More>>
Blackstone Takes on $5B Persian Gulf Logistics Partnership and More Asia Real Estate Headlines
Making friends with major Arab investors leads today’s collection of real estate news from around the region as Blackstone teams with a subsidiary of ADIA chairman Tahnoon bin Zayed al-Nahyan’s International Holding Company to exploit the Arab world’s booming e-commerce… Read More>>
KKR in Talks to Take Over Singapore’s STT GDC and More Asia Real Estate Headlines
The rising value of data centres leads today’s review of real estate headlines from around the region with KKR said to be in discussion to take over a Temasek Holdings’ controlled player at a $5 billion valuation. Also in the… Read More>>
Brookfield Commits $10B to Japan and More Asia Real Estate Headlines
Brookfield leads today’s collection of real estate headlines from around the region, with asset management giant vowing to invest $10 billion in Japan over the next five years. Also making the list, Hong Kong developer Lai Sun continues to struggle… Read More>>
Asia Real Estate People in the News 2025-01-27
Major changes at Hong Kong-listed companies lead this week’s review of personnel moves around Asia, with a local builder seeing off its long-time CEO and industrial specialist ESR bidding farewell to the former boss of ARA Asset Management.
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Hong Kong’s Lai Sun Continues Asset Sales and More Asia Real Estate Headlines
The new financial reality of Hong Kong’s real estate developers leads Mingtiandi’s headline roundup today, with Lai Sun announcing its second major disposal in less than a month. Also in the news, China’s Ping An Insurance is said to have… Read More>>
Lai Sun Selling 10% Stake in $2.2B Hong Kong Office Building to AIA
Hong Kong-listed builder Lai Sun Development has agreed to sell its 10 percent stake in the AIA Central office building in Hong Kong’s Central district to AIA Group in return for HK$1.4 billion ($181.5 million) in cash, plus assumption of… Read More>>
Daishin Selling Seoul HQ to NH-Amundi for $493M and More Asia Real Estate Headlines
South Korea’s booming office market leads Mingtiandi’s headline roundup today with Daishin Securities planning to sell its Seoul headquarters to investment manager NH-Amundi. Hong Kong’s Lai Sun also makes the list, as it warns of a potential $151 million loss… Read More>>
China Resources Buys Hong Kong Shopping Centre From Lai Sun, Empire for $68M
State-run conglomerate China Resources continues to be one of the biggest buyers of Greater China real estate during the current downturn with a property unit of the Shenzhen giant having picked up a commercial asset in the New Territories in… Read More>>
Asia Real Estate People in the News 2023-10-09
The resignation of a veteran Hong Kong executive from a trio of directorships leads this week’s review of personnel moves from around the region, with leadership changes at Keppel Infrastructure Trust and Shenzhen’s Logan Group also making the list.