Savills tops Mingtiandi’s deal charts for the third time running, after reportedly linking up with First Group in the Hong Kong developer’s HK$640 million ($83 million) purchase of a commercial site in New Kowloon – right next door to a… Read More>>
First Group Spends HK$1.4B Buying Sites for Kowloon Office Project
A Hong Kong developer has spent more than HK$1.4 billion ($180 million) this month to consolidate a Kowloon commercial project despite a slide in tenant demand that saw rents in the world’s priciest office market fall by the steepest rate… Read More>>
First Group Acquires Kowloon’s Centennial Building for HK$790M
Hong Kong developer First Group Holdings has signed a sale and purchase agreement to acquire a commercial site in New Kowloon for a reported HK$790 million ($102 million), as the firm tries to follow up on earlier successes in the… Read More>>
Savills Leads Asia Brokerage Wins with HK$790M Hong Kong Office Deal Mingtiandi Broker Battle
Savills tops Mingtiandi’s deal charts for the second time running with the property consultancy reported to brokered the HK$790 million ($101 million) sale of an office redevelopment project in Hong Kong’s Cheung Sha Wan area on behalf of consumer goods… Read More>>
Savills Leads Brokerage Wins with $1.2B LG Towers Sale in Beijing Mingtiandi Broker Battle
Despite the market continuing to be quiet across Greater China, Savills’ reported brokering of the RMB 8 Billion ($1.1 billion) sale of LG Group’s Beijing HQ tops Asia’s deal charts this week, with the deal ranking as the biggest transaction… Read More>>
South Korea Led Asia’s Outbound Investors in 2019 with $17B in Deals
South Korean buyers spent $17 billion on real estate outside of their home region during 2019, making the country Asia Pacific’s biggest cross-border property investor last year, according to data provider Real Capital Analytics.
Driven by office investments in Paris,… Read More>>
Singapore’s GIC Buys LG Group’s China HQ for RMB 8B
Singapore’s GIC is spending RMB 8 billion ($1.15 billion) to ramp up its Beijing office portfolio by making the Chinese capital’s biggest office acquisition since early last year.
The sovereign wealth fund said in an announcement that it has acquired… Read More>>
JLL Leads Asia Brokerage Wins with A$300M ARA Aussie Deal Mingtiandi Broker Battle
JLL tops the deal charts this week after its team reportedly brokered the sale of an A$300 million ($201 million) Melbourne office development to a fund managed by ARA Asset Management.
Meanwhile in Korea, Savills is closing in on the… Read More>>
Asia Real Estate People in the News 2020-01-20
With just a few days left before much of the region takes a long break for the lunar new year holiday, there are still a few Asia real estate professionals settling into fresh roles for 2020. This week Mingtiandi tracks… Read More>>
Korea’s NH Investment Selected as Preferred Bidder for $863M Seoul Tower
Korea’s NH Investment & Securities has taken a step toward acquiring one of Seoul’s largest office projects, after being selected as the preferred bidder for Tower 2 of the city’s Parc 1 complex, according to sources familiar with the project… Read More>>
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