The manager of Hong Kong’s Link REIT is in talks with Intu Properties to buy equity in the UK shopping centre landlord, according to an announcement by the London-listed company, as the manager of the real estate investment trust conducts… Read More>>
Frasers Buys Manager of Singapore Mall Properties From PGIM
Frasers Property announced today that it has agreed to buy the property manager of a Singapore commercial real estate portfolio, picking up the company from PGIM for an undisclosed amount.
The sale of AsiaMalls Management Pte Ltd by the real… Read More>>
APG-Xander JV Buys Pair of India Malls From Tata Realty for INR 7B
A joint venture between Xander Group and Dutch pension fund manager APG has acquired a pair of shopping malls in India from Tata Realty for INR 7 billion ($100 million), according to an announcement.
The acquisition of the two Trilium-branded… Read More>>
Hong Kong Retail Leasing Dropped 43% in October Says Agency Report
Buildings made of concrete and steel are feeling the impact of the estimated 6,000 rounds of teargas released on the streets of Hong Kong in recent months, as a newly released report shows that the city’s descent into a police… Read More>>
Swire Properties Said Launching Xi’an Commercial Project
Hong Kong developer Swire Properties is bringing its Taikoo Li network of commercial projects to the western China city of Xi’an, according to local government officials as cited in mainland media accounts.
The decision to move ahead with the Taikoo… Read More>>
Hong Kong Retail Sector Faces Harshest Conditions Since SARS: Savills
Hong Kong’s retail sales declined more sharply in August than during the 2003 SARS outbreak, according to a report released this week, as the city’s shopping sector suffered from the joint effects of tighter economic conditions on the mainland, the… Read More>>
SC Capital Partners Acquires Aussie Retail Portfolio for A$175M
SC Capital Partners has teamed up with Australia-based Fortius Funds Management to buy three shopping centres in Sydney for A$174.5 million ($118 million) from a joint venture between Frasers Property Australia and Sekisui House.
The Singapore-based private equity firm, which… Read More>>
Frasers Property Singapore CEO Retires as Developer Shifts to Retail
The chief executive officer of developer Frasers Property Singapore, will retire from the unit of Thai billionaire Charoen Sirivadhanabhakdi’s Frasers empire at the end of this year, according to an announcement to the Singapore stock exchange.
Christopher Tang, who will… Read More>>
Hong Kong Restaurant Operator Puts Central Space on Market for HK$400M
Hong Kong restaurant operator Tsui Wah Holdings is said to be offering for sale its flagship location in Central at an asking price of HK$400 million ($51 million), as the city’s ongoing civil unrest chips away at consumer spending.
The… Read More>>
Hong Kong Retail Real Estate Transactions Fall 47% in August
The uncertainties of the US-China trade war negotiations and the political turmoil in Hong Kong have combined to cool down investor interest in Hong Kong’s property market, with sales of retail real estate bearing the brunt of investor reluctance… Read More>>
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