Hong Kong’s Gaw Capital Partners announced today that a fund under its management had closed on its RMB 5.01 billion (now $798 million) acquisition of two of the four office buildings in Sky Soho, a commercial development in Shanghai’s Changning district,… Read More>>
LaSalle Buys Office Tower in Shanghai’s Hongkou District From Alpha
LaSalle Investment Management has acquired Shanghai International Plaza (盛邦国际大厦) in Shanghai’s Hongkou district, marking the third time the 31-storey, grade A commercial tower has changed hands in seven years.
The US-based real estate investment firm purchased the property on behalf… Read More>>
Johnny Lu Shao Joins Gaw Capital in Shanghai
One of Shanghai’s best-known investment brokers has left the agency world to join Gaw Capital, as the Hong Kong-based private equity real estate firm continues to build up its mainland team.
Johnny Lu Shao, formerly head of Capital Markets for… Read More>>
Pamfleet Launches 67-Unit Shanghai Co-Living Project
Hong Kong-based real estate investment firm Pamfleet is launching a pioneering co-living project in Shanghai, the company revealed to Mingtiandi, as the communal living model that has proven popular with young professionals in Europe and the US makes its first… Read More>>
HNA Sells $1.1B in Mainland Real Estate to R&F, Sunac
After disposing of $5.5 billion of overseas real estate and hotel company stakes since the start of 2018, cash-starved HNA Group has now sold eight properties in mainland China worth $1.1 billion so far this month, according to data from… Read More>>
Perennial Buys Out Capitol Singapore for $402M and More Asia Real Estate Headlines
Leading today’s roundup, top Singaporean developer Perennial Real Estate is poised to buy out an iconic heritage property in the city-state, ending years of business bickering. Also in the headlines, a Thai hotel operator has scooped up all 456 units… Read More>>
James Allan Takes Over Top Spot at JLL Indonesia, Todd Lauchlan to Run NZ Office
Global property brokerage JLL is making a key leadership change in Southeast Asia by naming James Allan as Country Head of its Indonesia business.
Allan, who jointly heads up JLL’s office leasing team in Shanghai with Anny Zhang, starts the… Read More>>
Swire’s Pudong Mall Project Moves Forward With $213M Purchase of JV Stake
After opening its HKRI Taikoo Hui mall at 90 percent occupancy in November, Swire Properties is set to develop its second retail project in Shanghai. The latest venture for the Hong Kong-based builder is in Pudong’s Qiantan Area, an international… Read More>>
Shanghai Awards Site for $8B Pudong Commercial Complex to SOE Duo for $2.2B
Shanghai’s government has awarded a deal for a RMB 50 billion ($7.9 billion) commercial complex — bigger than New York’s Grand Central Terminal — to a consortium of local state-run firms as the city prepares for yet another commercial hub… Read More>>
GIC, Vanke Win Shanghai Shopping Mall Site for $111M
Singapore’s sovereign wealth fund GIC has teamed up with homebuilder China Vanke to win a plot of land in Shanghai for RMB 702 million ($111 million), which the partners plan to develop into a high-end shopping centre.
GIC subsidiary RECO… Read More>>
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