As we head into February, major developers, fund managers and service providers continue to add to their teams around Asia Pacific. This week seeks Guangzhou-based China Aoyuan Group bring its chief financial officer onto its board, while Shanghai’s Shui On… Read More>>
Grosvenor-Shui On JV to Buy Nanjing IFC From Sanpower for $250M
Hong Kong-listed developer Shui On Land Ltd and the UK’s family-held Grosvenor Group have agreed to form a 50:50 joint venture to purchase the Nanjing International Financial Center office tower for RMB 1.62 billion ($250 million), according to an announcement… Read More>>
Shui On Land Reports HK$1.8B Loss and More Asia Real Estate Headlines
Shui On Land this week became the latest Hong Kong-listed developer to post a loss for the first half of 2020, as a dip in value of the Xintiandi landlord’s investment properties overshadowed a jump in revenue of nearly 33… Read More>>
Asia Real Estate People in the News 2020-06-15
In this week’s edition of People in the News, Shanghai-based Qingke promotes a company director to COO as the apartment rental start up , while a well-known Hong Kong real estate leader launches a new investment firm for popular travel… Read More>>
Shui On Plans Xintiandi in the Suburbs with RMB 2.1B in Shanghai Land Buys
Shui On Land spent RMB 2.1 billion ($290 million) buying four parcels of land in Shanghai in just three days last week, as the developer assembles the pieces for an urban redevelopment project which it hopes will rival the success… Read More>>
Bossini Shares Double as Li Ning Eyes Buyout and More Asia Real Estate Headlines
A beleaguered fashion chain leads Mingtiandi’s roundup of Asia real estate headlines today with the news that the company’s share price has rallied on the news that Chinese gymnastics star Li Ning has offered to buy a 67 percent stake… Read More>>
HK Co-living Firms Slash Rents as Tenants Scram and More Asia Real Estate Headlines
Communal housing leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that co-living operators in Hong Kong have been forced to slash rents as occupancy rates fall.
In other news around the region, Hong… Read More>>
HK Home Sales Could Drop 80% Amid Virus Scare and More Asia Real Estate Headlines
Hong Kong leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that the coronavirus is expected to shrink home sales in February by between 50 percent and 80 percent, according to analysts.
In other news… Read More>>
Hana Enters into $325M US Student Housing JV with Scion and More Asia Real Estate Headlines
University halls lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a Seoul-based bank has spent $325 million in a JV with a US company to acquire 3,275 student housing beds in the… Read More>>
Asia Real Estate People in the News 2019-11-18
In this week’s edition of Mingtiandi’s People in the News, the CEO of Zhenro Properties has resigned due to “other work commitments”, while Manulife US REIT has appointed a new chief financial officer.
In other people moves around the region,… Read More>>
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