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LA Hotel Seized from Jho Low Sold for $100M and More Asia Real Estate Headlines

2020/10/26 by Shiunne Bulsombut Leave a Comment

The ongoing unwinding of Malaysia’s 1MDB saga leads today’s real estate headlines from around the region, with the buyer of a Los Angeles hotel once owned by fugitive financier Jho Low revealed in a Wall Street Journal story.

Hong Kong’s… Read More>>

gu guodong

Asia Real Estate People in the News 2020-10-26

2020/10/26 by Michael Cole Leave a Comment

Today we lead off Mingtiandi’s round up of people moves around the region with some top-level turnover to go with the turmoil at Beijing-based Danke Apartments. Also in the stressed department, WeWork India has named a new CFO, chief counsel… Read More>>

Kintetsu, 7 Bulim Street

AA REIT Completes $94M Singapore Industrial Buy and More Asia Real Estate Headlines

2020/10/12 by Shiunne Bulsombut Leave a Comment

Warehouses lead Mingtiandi’s first headline roundup of the week with a Singapore-listed REIT closing on its purchase an industrial asset in the city’s Jurong area after agreeing to buy the property during August.

Also, in the news is a… Read More>>

state theatre

New World Set to Buy Up Hong Kong’s State Theatre and More Asia Real Estate Headlines

2020/10/07 by Mingtiandi Team Leave a Comment

Cinemas are not popular destinations in Hong Kong these days but New World Development is willing to bet on reviving the State Theatre in North Point as the developer is expected to buy out the building in a Thursday compulsory… Read More>>

SG Private Home Price Growth Quickened in Q3 and More Asia Real Estate Headlines

2020/10/01 by Shiunne Bulsombut Leave a Comment

While the humans of Singapore are still having to struggle with the coronavirus, the city-states housing market seems to be recovering rapidly with prices for new homes gathering pace in the three months ending yesterday.

Also, in the news, billionaire… Read More>>

Hines Founder Passes Away at 95 and More Asia Real Estate Headlines

2020/08/26 by Elizabeth Utley Leave a Comment

The passing of the founder of a US blue-chip developer with projects in China, India and other APAC markets leads today’s collection of headlines from around the region, as Gerald Hines completes his final project just 95 years after it… Read More>>

nws bus

New World Selling HK Bus Biz for $410M and More Asia Real Estate Headlines

2020/08/22 by Michael Cole Leave a Comment

After selling some of its peripheral property holdings in Hong Kong during June, New World Development seems to be freeing up more cash with an agreement to sell off its Hong Kong bus franchises to a private equity fund managed… Read More>>

adrian cheng

New World Buys Shanghai Commercial Project for RMB 4.1B

2020/08/12 by Michael Cole Leave a Comment

New World Development has added a Shanghai project to its mainland commercial portfolio, winning an uncontested land auction for a site on Huaihai Road with a RMB 4.1 billion ($590 million) bid, according to an official announcement today.

The land… Read More>>

adrian cheng

New World Sells Off Shun Tak Centre Stake, Happy Valley Apartments for HK$3.6B

2020/06/30 by Mingtiandi Team Leave a Comment

Hong Kong’s New World Development this week announced a pair of asset disposals with the development giant taking in HK$3.6 billion ($460 million) from the sale of properties in its home town.

The pair of divestments… Read More>>

IFC Hong Kong

Office Vacancy in HK’S Central Hits Post-2009 Peak and More Asia Real Estate Headlines

2020/06/11 by James Hatton Leave a Comment

Hong Kong’s priciest district leads Mingtiandi’s roundup of Asia real estate headlines as the average vacancy level across the once red hot office market has soared to 8.5% – its highest since 2009.

In other news around the region, the… Read More>>

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