Leading this week’s roundup of people moves, a JLL exec is taking a top job overseeing the agency’s facilities management business in North Asia, while a veteran of China’s largest construction firm is hopping to Greenland USA. Hong Kong’s Pamfleet… Read More>>
Pamfleet Fund Puts Kowloon Mall on the Market With $128M Price Tag
A real estate investment fund managed by Andrew Moore’s Pamfleet is putting up for tender a retail center in Kowloon’s Lai Chi Kok with an asking price of HK$1 billion ($128 million). The tender follows the company’s $217 million sale… Read More>>
Asia Real Estate People in the News 2018-02-19
At the top of this week’s roundup of people moves, a Pamfleet executive has donned a new title in Hong Kong, and the Chinese arm of Logos Property has welcomed a new associate director in Shanghai. A residential expert has… Read More>>
Macau Businessman Pegged as Buyer of Pamfleet’s $217M Bonham Circus
The mysterious buyer of the $217 million Bonham Circus building in Sheung Wan — a deal which Mingtiandi covered earlier this week — has now been revealed. Macau businessman Lucas Lo, chairman of Similan Group, along with other investors, is… Read More>>
Pamfleet Sells Hong Kong Office Building for $217M After Leasing to naked Hub
Andrew Moore’s Pamfleet is reported to have sold the Bonham Circus office building in Sheung Wan for HK$1.7 billion ($217 million), making a profit of HK$700 million ($89 million) in less than two years.
The buyer, which market sources indicate… Read More>>
URWork Rebrands as Ucommune After WeWork Spat and More Asia Real Estate Headlines
At the top of the news today, China’s biggest co-working operator decided to start the new year out with a new name after tangling with its North American rival over pronouns and trademarks. South Korea investors also show up with… Read More>>
Li Ka-Shing’s Fortune REIT Said Selling Hong Kong Mall to Pamfleet, Chelsfield for HK$2B
Fortune REIT, which is managed by an affiliate of billionaire Li Ka-shing’s CK Asset Holdings, announced this week that it is selling the Provident Square shopping centre in Hong Kong’s North Point area for HK$2 billion ($256 million). The buyer… Read More>>
Kwun Tong Workshop Sold for HK$1.6B and More Hong Kong Real Estate Headlines
An auction leads off today’s real estate headlines in Hong Kong, as an old industrial building Kwun Tong sold for over HK$1.6 billion. Redevelopment also looks on the way for a set of aging shops in Kowloon’s Tsim Sha Tsui… Read More>>
China Outbound Property Deals Slid 84% in Jan and More Asia Real Estate Headlines
It’s been a busy year for the real estate crowd, but things might be slowing down a bit for Chinese buyers of overseas assets, according to the latest government numbers. Figure in the spring festival effect before you read too… Read More>>
Is Pamfleet Betting on a Retail Rebound with Reported HK$600M Kowloon Deal?
Hong Kong real estate investment manager Pamfleet has agreed to acquire a commercial building in Hong Kong’s Tsim Sha Tsui on behalf of its Pamfleet Fund II for a price approaching HK$600 million, according to sources familiar with the pending… Read More>>
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