In our latest roundup of regional news headlines, Singapore’s ARA Asset Management buys out the manager of China’s Dasin Retail Trust, JD.com reportedly gets the go-ahead for its logistics unit’s IPO, and private equity titan Blackstone looks to offload some… Read More>>
Manulife Signs Hong Kong’s Biggest Office Lease Since 2019 in PAG-Owned Tower
Canada-based financial services firm Manulife said Wednesday that its Hong Kong operation had signed a lease agreement for 145,000 square feet (13,471 square metres) of office space in Kowloon East, marking the city’s biggest office leasing deal in terms of… Read More>>
Vanke Sues US Partner Over Troubled NYC Project and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese developer Vanke strikes back in court against its New York partners over their condo development deal gone sour, South Korea’s Meritz Securities faces its own Manhattan melodrama as the builder of a… Read More>>
Manulife Biggest Investor in HK$9.8B Buy of Swire’s Cityplaza One in Hong Kong
Hong Kong’s biggest building sale of 2020 closed on one of the last days of the year, with sign-off on the trade of Swire Properties’ Cityplaza One in Taikoo also bringing to light the deal’s largest investor.
While a consortium… Read More>>
ESR Sets Up RMB 1.7B China Logistics JV with Manulife
Logistics developer and fund manager ESR today announced a new joint venture with Canadian insurer Manulife, adding to its growing list of investment partnerships in 2020.
As part of the same announcement, ESR revealed that the new venture has completed… Read More>>
Alpha, Manulife Team with Indonesian Builder for $200M Warehouse JV
Singapore-based Alpha Investment Partners Limited has joined forces with a subsidiary of Manulife Financial Corporation and Indonesian warehouse specialist PT Mega Manunggal Property Tbk (MMP) for a new $200 million logistics investment in Jakarta, according to an announcement to the… Read More>>
Asia Real Estate People in the News 2019-03-25
Companies from the construction, investment and development branches of Asia’s real estate industry are all seeing top level changes in their teams this week, including a new chairman at the Hong Kong division of China’s largest construction company and a… Read More>>
Shui On in $1B China Commercial Property JV With Manulife, China Life
Hong Kong-listed developer Shui On Land has announced that it is partnering with two insurance giants to invest in commercial real estate ventures in China as it continues to lean on financial services companies to rebuild its mainland portfolio.
The… Read More>>
Chinese Builder Gets Greenlight for 2nd Melbourne Tower and More Asia Real Estate Headlines
Leading today’s roundup, low-profile Chinese developer Holder East has won approval for the design of a 208-unit residential tower in Melbourne, less than a week after getting the green light for another high-rise apartment building in the same city. Also… Read More>>
Kenny Lam Joins Manulife Real Estate as Head of Asia Property Investments
Manulife Real Estate has hired a new head of Asia real estate investments, as the arm of Canada’s Manulife Financial Corp doubles down on the Asian property sector. Real estate investment veteran Kenny Lam is joining the firm’s Hong Kong… Read More>>