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Marina Mandarin

SG Hotel Revenues Plunge 40% in February and More Asia Real Estate Headlines

2020/03/27 by James Hatton Leave a Comment

Empty rooms lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Singapore’s average hotel occupancy fell to 51 percent in February, triggering a 40 percent plunge in revenues.

In other news around the… Read More>>

wework hustle

WeWork Offers Staff $100 Daily Virus Bonuses and More Asia Real Estate Headlines

2020/03/25 by James Hatton Leave a Comment

A US co-working giant leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the company is offering $100-a-day bonuses to lure staff back to its US locations, despite the ongoing pandemic.

In other… Read More>>

SPH Cancels C$233 Canadian Senior Living Buy Amid COVID-19 Scare

2020/03/24 by James Hatton Leave a Comment

Singapore Press Holdings has scrapped its acquisition of a portfolio of senior living facilities in Canada, as the potential impact of COVID-19 on property values triggers second thoughts on valuations.

The SGX-listed media and property conglomerate announced to the stock… Read More>>

Enoch Tan of Elite Partners Capital,

Singapore’s Elite Partners Capital Nears Close of €150M Logistics Fund

2020/03/24 by James Hatton Leave a Comment

Alternative asset management firm Elite Partners Capital has announced the first close of a UK and Europe-focused logistics fund with a target hard cap of €150 million ($163 million).

A spokesperson for the Singapore-based company revealed to Mingtiandi that the… Read More>>

Peter Lee and Martin Lee Henderson

Henderson Land Underlying Profit Drops 26% in 2019 and More Asia Real Estate Headlines

2020/03/24 by James Hatton Leave a Comment

A Hong Kong developer leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the company controlled by the family of the city’s richest man posted a 26 percent drop in underlying profit to… Read More>>

nicholas chua

Ho Bee Land Wins SG Biomed Project With S$224M Bid

2020/03/17 by Michael Cole Leave a Comment

Ho Bee Land has won the tender for a 41,366 square metre (‭‪445,260 square foot) biomedical facility in Singapore’s One-North development, according to an announcement late Monday by the SGX-listed developer.

The company controlled by property investor Chua Thian Poh… Read More>>

China housing

Court Freezes Tianjin Developer Assets and More Asia Real Estate Headlines

2020/03/11 by James Hatton Leave a Comment

Unpaid debt leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a court has frozen assets belonging to a Chinese state-owned developer after it defaulted on RMB 1.7 billion ($240 million) in debt.

… Read More>>

Tencent Joins $2.4B Investment in China Property Portal and More Asia Real Estate Headlines

2020/03/07 by James Hatton Leave a Comment

A Chinese property listings portal leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that Tencent and Hillhouse joined a $2.4 billion funding round led by a $500 million commitment from Softbank.

In other stories… Read More>>

UOL Deputy CEO Liam Wee Sin

UOL, Frasers, JBE Win Singapore Housing Sites at Discounts

2020/03/04 by James Hatton Leave a Comment

UOL Group, JBE Holdings and Frasers Property each won Singapore government residential land sales on Tuesday with bids as much as 4 percent below expectations, as the potential long-term impact of the coronavirus outbreak adds to developer concerns over the… Read More>>

ritesh agarwal Oyo

Oyo Said Cutting 60% of China Workforce and More Asia Real Estate Headlines

2020/03/04 by James Hatton Leave a Comment

A Softbank-backed hotel platform leads the way in Mingtiandi’s roundup of Asia real estate headlines today with a report that the Indian firm plans to cut 60 percent of its workforce in China.

In other news around the region, a… Read More>>

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