Cash-strapped Kaisa Group is the latest mainland developer to offload assets in a scramble to repay debts, as the Shenzhen builder has now agreed to sell its half stake in a once-prized residential site on Hong Kong’s former Kai Tak… Read More>>
New World Vice Chair William Doo Buys London Building for $175M
A member of the clan behind Hong Kong’s New World Development has bought another piece of prime UK real estate, as tycoon William Wai-hoi Doo reportedly purchased an 11-storey building in the City of London for more than ÂŁ130 million… Read More>>
Goldman to Double Asia Alternatives Business and More Asia Real Estate Headlines
Wall Street titan Goldman Sachs leads today’s roundup of Asia real estate headlines with the big bank saying that it plans to double its alternative investments in the region, according to a freshly published interview.
Evergrande also finds its way… Read More>>
New World Buys Causeway Bay Assets for $164.5M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong’s New World Development acquires a further stake in three run-down Causeway Bay buildings, flexible office provider IWG contemplates a spin-off of its digital assets, and a CapitaLand-CDL venture is set to… Read More>>
New World Sells Kowloon Office Floors for $154M as Commerce Comes BackÂ
New World Development recorded a big-ticket sale last month, selling a block of three high-level floors in an office project in Kowloon’s Cheung Sha Wan area to an unnamed financial institution for HK$1.2 billion ($154.1 million).
With 888 Lai Chi… Read More>>
Softbank’s Oyo Aims for IPO at $12B Valuation and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, India’s Oyo Hotels files papers for an IPO that could value the firm at $12 billion, Hong Kong-listed ESR buys a Brisbane industrial estate to combine with an already-held adjacent property, and Singaporean… Read More>>
Asia Real Estate People in the News 2021-10-04
Top level moves at some of the world’s largest money managers lead Mingtiandi’s collection of personnel changes this week with major appointments and renewals happening at UBS, Apollo Global Management and Korea Teacher Pension. Asia’s developer community are also on… Read More>>
Link REIT Said in Talks for Sydney Assets and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong’s Link REIT is reportedly seeking to buy half stakes in three Sydney shopping centres held by Singapore’s GIC, New World Development submits a plan to scrap and rebuild a defective part… Read More>>
New World to Invest $732M in Guangzhou Project and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong’s New World Development sets sights on its biggest-ever project in China, private equity titan Blackstone picks up a pair of assets in India, and Singapore’s GLP forms a logistics investment partnership… Read More>>
China Blocks Private Development Funds and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China presses pause on private equity funds seeking to raise money to invest in residential property developments, Australia’s Lendlease plans a restructuring to cut costs, and Hong Kong’s New World Development sees its… Read More>>
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