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sherman kwek CDL

CDL Makes £776M Buyout Offer for Millennium & Copthorne Hotels

2019/06/09 by James Hatton Leave a Comment

City Developments Limited has launched a £776 million ($989 million) takeover bid for London-listed Millennium and Copthorne Hotels (M&C) that values the Airbnb-challenged hotel chain at £2.2 billion, according to an announcement by the publicly listed flagship of the Hong… Read More>>

Duo Tower

Gaw Capital, Allianz Close in on S$1.5B Purchase of Singapore’s Duo Project

2019/06/02 by Michael Cole Leave a Comment

Gaw Capital Partners is leading an investor consortium that has entered into advanced negotiations for the acquisition of the Duo Tower office building and the connecting Duo Galleria shopping centre for a sum in excess of S$1.5 billion ($1.1 billion),… Read More>>

James Packer China

Packer Sells Half of Crown Stake to Melco for $1.3B and More Asia Real Estate Headlines

2019/05/31 by James Hatton Leave a Comment

Casinos lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Australia’s king of gambling has given up a $1.3 billion chunk of his business to the son of Macau’s Godfather of Gambling, while… Read More>>

Richard Yue Arch Capital

Arch Capital Buys Sydney Office Block for A$45M and More Asia Real Estate Headlines

2019/05/30 by James Hatton Leave a Comment

A Hong Kong-based fund manager leads the way in Mingtiandi’s roundup of real estate headlines today with the news of a A$45 million transaction down under, while a S$2 billion collective-sale flop in Singapore adds another duck to a litany… Read More>>

Stuart Crow JLL

China Drives Record $45B in APAC Commercial Real Estate Investment

2019/05/29 by James Hatton Leave a Comment

Commercial real estate investment in Asia Pacific reached $45 billion during the first three months of the year, setting a new first quarter high, according to a new report released by property consultant JLL.

Transactions in China drove the spike,… Read More>>

Lee Shau-kee

Property Heirs Get Keys to $109B in HK Family Empires and More Asia Real Estate Headlines

2019/05/29 by James Hatton Leave a Comment

Property dynasties lead the way in Mingtiandi’s roundup of real estate headlines today with the news that the biggest four Hong Kong tycoons have passed on empires worth a combined $109 billion, while the Chinese government has taken another step… Read More>>

Ginny Eckblad ben eckblad Gorilla Space

SG Proptech Start-Up Raises Seed Funding From Mitsubishi Estate

2019/05/28 by James Hatton Leave a Comment

GorillaSpace has raised seed investment led by Tokyo-listed real estate developer Mitsubishi Estate Company (MEC), according to an announcement by the Singapore-based start-up, which did not specify the amount of funding it would receive.

“GorillaSpace represents a fresh and exciting… Read More>>

lee chee koon

CapitaLand Reshuffles Roles After $11B Merger and More Asia Real Estate Headlines

2019/05/28 by James Hatton Leave a Comment

A leadership reshuffle leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that a major Singapore developer that now holds assets under management in excess of S$100 billion is going through a reorganisation at the… Read More>>

ESR Jeffrey Shen

ESR Invests S$62.2M to Take Control of Singapore’s Sabana REIT

2019/05/24 by Jan Kot Leave a Comment

Pan-Asian logistics group ESR continued its mission to build a heavyweight player in Singapore’s fragmented industrial REIT sector this week, with a set of deals that boosts its stake in SGX-listed Sabana REIT to where it owns more units in… Read More>>

Wu Xiaohui

17 Bidders Offer Up to $5.8B for Anbang US Hotels and More Asia Real Estate Headlines

2019/05/22 by James Hatton Leave a Comment

A disgraced Chinese insurer leads the way in our roundup of Asia real estate news today as the company’s administrators field offers of up to $5.8 billion for its set of US luxury hotels.

While that mainland investor winds up… Read More>>

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