A 36-storey office tower in Brussels leads the way in Mingtiandi’s roundup of real estate headlines today with the news that the Korean consortium that snapped up Microsoft’s UK HQ last year is negotiating the purchase of Belgium’s biggest… Read More>>
Court Clears Way for Li Ka-shing-Linked Developer’s S$402M SG Acquisition
Japura Development, an entity linked to Hong Kong billionaire Li Ka-shing’s CK Asset Holdings, has completed the acquisition of an apartment block in one of Singapore’s most affluent areas after the S$401.9 million ($289 million) collective sale had been blocked… Read More>>
HKMA Buys 25% Stake in A$1.8B Aussie Development and More Asia Real Estate Headlines
Hong Kong leads the way in Mingtiandi’s roundup of real estate headlines today with the news that the city’s monetary authority has bought a 25 percent stake in a commercial development in Sydney, spending $304 million overseas while protests continue… Read More>>
HK Investors Put $1.4B into SG Property in 2019 1H and More Asia Real Estate Headlines
While Hong Kong’s young people have been voicing their concerns over the city’s future on the streets, real estate investors from the Asian financial hub have been displaying their opinions more privately, as a new study shows an upswing in… Read More>>
HNA Group Gets Help to Repay Dollar Bond and More Asia Real Estate Headlines
A backfiring conglomerate leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the debt-laden company that had golf courses seized four months ago is said to have received help to repay a $300… Read More>>
APAC Data Centre Market Predicted to Grow to $28B by 2024
The Asia Pacific data centre market is expected to overtake North America to become the largest in the world by 2021, according to property services consultancy Cushman and Wakefield.
Underpinned by a surge in demand for cloud services and digitisation,… Read More>>
Alibaba’s Joe Tsai to Buy Brooklyn Arena for $700M and More Asia Real Estate Headlines
Acquisitive Alibabans lead the way in Mingtiandi’s roundup of real estate headlines today with the news that a co-founder of the e-commerce titan is dunking $700 million into acquiring the home of the Brooklyn Nets as part of a $2.35… Read More>>
Hong Kong Commercial Real Estate Transactions Fell 42% in 2019 Q2
As discontent over the government’s extradition bill roiled the Hong Kong economy, and with mainland authorities keeping a tight clamp on cash, commercial real estate transaction volume fell over 42 percent in Hong Kong during the second quarter of this… Read More>>
OUE Sells French-Designed Mansion to Chairman Stephen Riady for S$95M
Singapore-listed OUE Group has sold a trophy home in the most elite enclave of the city’s ultra rich to its executive chairman, Stephen Riady for S$95 million ($68 million), according to a stock exchange announcement.
Under the terms of an… Read More>>
JLL Names Ting Lim as Head of Capital Markets for Singapore
JLL has promoted Ting Lim to head of capital markets for Singapore, the property services firm revealed to Mingtiandi today.
The capital markets executive and Singapore local, who joined JLL in 2004, has stepped up to her new role amid… Read More>>
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