In today’s roundup of regional news headlines, the billionaire Cheng family of Hong Kong’s NWS seeks to privatise the group in a bid to pump liquidity into New World Development, and Japan’s Mori Trust makes its maiden New York investment… Read More>>
Asia Real Estate People in the News 2022-05-16
A former CapitaLand executive’s appointment to the top role at Singapore Press Holdings leads Mingtiandi’s collection of personnel changes from around Asia this week, as we also see a round of board-level changes at Hong Kong’s Wharf Holdings and NWS… Read More>>
New World Buying 6 China Logistics Properties From Goodman for $337.2M
Much of China’s economy may be locked down, but the country’s warehouse market remains active, with New World Development’s infrastructure investment subsidiary agreeing to purchase six mainland logistics properties from a fund managed by Australia’s Goodman Group for RMB 2.29… Read More>>
Developer CWG Buys Hangzhou Site for $178M and More Asia Real Estate Headlines
Singapore-listed companies and Southeast Asian happenings lead the news today, with a SGX-listed developer winning a residential and commercial plot in Hangzhou, China for $178 million. Also in the news, a Malaysian developer has unveiled the country’s biggest indoor theme… Read More>>