A successful collective sale in Singapore leads this edition of Mingtiandi’s roundup of agency wins with Colliers’ having brokered the $291 million sale of an apartment block in District 10 to an entity linked to Hong Kong billionaire Li Ka-shing’s… Read More>>
Hilton Sells Japan Resort to Mori JV for $119M
Hilton Worldwide has sold the Hilton Odawara Resort and Spa in Japan to a joint venture between Mori Trust and Mori Trust Hotel REIT for $119 million, according to data supplied by Real Capital Analytics.
The REIT and the Tokyo-based… Read More>>
CBRE Notches HK$916M Tai Tam Mansions Sale and More Agency Wins Mingtiandi Broker Battle
While things have grown quieter in Hong Kong’s normally buzzing real estate market, CBRE scored a win with the combined HK$916 million ($117 million) sale of two luxury houses overlooking Tai Tam Bay, one of which sold for over $HK100,000… Read More>>
Asia Real Estate People in the News 2019-08-26
In this week’s edition of People in the News, 88-year-old Kushal Pal Singh has resigned as chairman of India developer DLF, while agreeing to carry on as a non-executive director, and M&G Real Estate establishes a presence down under with… Read More>>
Asia Real Estate People in the News 2019-08-19
In this week’s edition of People in the News, the chairman of a major Shenzhen-listed developer has retired after 14 years in charge, while the chief executive officer of Asia’s biggest developer steps down from chairing the executive committee of… Read More>>
Asia Real Estate People in the News 2019-08-12
In this week’s edition of People in the News, a Softbank-backed budget hotel chain has made a double leadership appointment, naming a new chief operating officer for India and South Asia as well as a chief executive officer for Southeast… Read More>>
Savills Blames Brexit and HK Protests for 12% Drop in Profits
Savills has posted a half-year drop in group underlying profit of 12 percent in constant currency terms to £38.4 million, blaming Brexit and political unrest in Hong Kong, according to a stock exchange announcement.
Group underlying profit for Asia Pacific… Read More>>
Asia Real Estate People in the News 2019-08-05
In this week’s edition of People in the News, Singapore’s UOL Group has announced that Frasers Hospitality’s former chief executive officer will be taking up a new role at UOL Group subsidiary Pan Pacific Hotels Group, after 23 years with… Read More>>
Singapore’s Stamford Land Buys City of London Office for £260M
Stamford Land Corporation has snapped up a commercial building on one of the City of London’s most historic streets, teaming up with a private firm controlled by the chairman of the Singapore-listed company to acquire the asset for £260 million… Read More>>
CBRE Brokers HK$892M Sale of Former Wan Chai Nightclub and More Agency Wins Mingtiandi Broker Battle
The former site of a notorious nightclub in Wan Chai is once again a hub of broker activity this week with CBRE picking up a win with the HK$892 million sale of the space on Jaffe Road.
Also in Hong… Read More>>
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