Jardine Matheson’s ongoing reshaping of its investment portfolio leads today’s look at real estate news from around Asia Pacific, with the Hong Kong conglomerate delisting shares in Mandarin Oriental Hotel Group in London and Singapore. Also making the news are… Read More>>
Alibaba, Ant Complete $925M Office Buy From Mandarin Oriental as Hong Kong Deals Rise
Chinese e-commerce titan Alibaba and its Ant financial affiliate have completed their $925 million buy of the top 13 floors of Mandarin Oriental Hotel Group’s newly built Causeway Bay commercial tower, helping to boost Hong Kong real estate investment by… Read More>>
Mandarin Oriental Shareholders Approve $4.2B Buyout by Jardines
Mandarin Oriental shareholders have overwhelmingly approved a proposal for Jardine Matheson to acquire the remaining 11.96 percent of equity in the luxury hotel operator not yet owned by the parent group.
The vote took place Monday and clears the way… Read More>>
Jardine Matheson Sees Stable Full-Year Results as PAG’s Pan Prepares to Take Helm
Jardine Matheson’s third-quarter portfolio performance was in line with the group’s expectations, according to a management statement released late last week, as the Hong Kong-based conglomerate continues to chart its evolution from an owner-operator to a long-term investor in the… Read More>>
Goodman Buys San Jose Data Centre Site for $200M and More Asia Real Estate Headlines
Data centres again lead the day’s look at real estate headlines from around the region, as Goodman Group picks up a site in Silicon Valley. Also in the news, Australia’s largest pension fund is betting on UK housing demand and… Read More>>
Alibaba, Ant Buying Top Half of Mandarin Oriental Causeway Bay Tower for $925M
Chinese e-commerce giant Alibaba Group and its Ant financial affiliate have agreed to buy the top 13 floors of Mandarin Oriental Hotel Group’s nearly completed Causeway Bay commercial tower for $925 million in Hong Kong’s biggest real estate deal of… Read More>>
Alibaba in Talks to Buy Top Half of Mandarin Oriental Causeway Bay Tower for $900M
Alibaba Group is in talks to buy the top 13 floors of the Mandarin Oriental Hotel Group’s soon to be completed Causeway Bay commercial tower in a HK$7 billion ($900 million) deal which would rank as Hong Kong’s largest of… Read More>>
KKR Picks Morgan Stanley for Japan Logistics IPO and More Asia Real Estate Headlines
KKR selects Morgan Stanley to advise on a public offering of the fund manager’s Logisteed unit in Japan, with that report leading today’s headline roundup. Also in the news, billionaire Gautam Adani eyes an expansion of his data centre plans… Read More>>
$98M Singapore Bungalow Buy Linked to Hillhouse Boss and More Asia Real Estate Headlines
Two adjoining bungalows on Singapore’s Belmont Road change hands for a total of $97.8 million, with that story leading Mingtiandi’s headline roundup today. Also making the list, the People’s Bank of China cuts a key interest rate and Singapore-listed CapitaLand… Read More>>
Mandarin Oriental Launching Causeway Bay Project into Hong Kong Office Headwinds
More than five years after announcing a $650 million plan to redevelop the former Excelsior Hotel into a commercial project set to ride a boom in demand, Hong Kong’s Mandarin Oriental Hotel Group recently announced preparations to begin leasing the… Read More>>