In Mingtiandi’s latest roundup of regional news headlines, China’s largest listed courier service looks to spin off several logistics assets to an offshore REIT, Vanke edges closer to a property management IPO that could happen at the end of this… Read More>>
Societe Generale Joins Crowd of Foreign Banks Handing Back Hong Kong Office Space
French bank Societe Generale is reducing its footprint in a Hong Kong commercial tower under the terms of its upcoming lease renewal, joining a parade of foreign finance giants cutting back in the city as mainland firms expand their role… Read More>>
Standard Chartered Giving Up 11 HK Office Floors and More Asia Real Estate Headlines
In the latest roundup of regional news headlines, Standard Chartered is reportedly relinquishing the lease on eight floors it occupies in its namesake Hong Kong tower, Brookfield raises $233 million from its India REIT IPO, and mainland developer China Evergrande… Read More>>
Asia Real Estate People in the News 2021-02-01
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>>
China Evergrande Mainland Listing Plan Fizzles and More Asia Real Estate Headlines
Four years after undertaking a $19.7 billion plan to achieve a back-door listing on a mainland exchange, China Evergrande’s announcement of that scheme’s failure leads Mingtiandi’s collection of real estate news from around the region.
Also in the news, Canada’s… Read More>>
Hong Kong Site Sale Cancelled After Lowball Bids and More Asia Real Estate Headlines
The continuing slide of Hong Kong’s commercial property market leads today’s news from around the region, as a government auction of a commercial site near the city’s airport was cancelled after attracting just three bids — all of which fell… Read More>>
Asia Real Estate People in the News 2020-02-10
In this week’s edition of People in the News, the CEO of a Mumbai-based conglomerate’s real estate business has stepped down to pursue other interests, shortly after the company posted a 91 percent plunge in third quarter profits.
In other… Read More>>
Standard Chartered Sells Asia Principal Finance Real Estate Business to UK’s Actis
Standard Chartered Bank has sold its Principal Finance Real Estate (PFRE) business in Asia to UK emerging markets investor Actis and is reported to be close to unloading its private equity business as well. The deals mark an end to… Read More>>
Shui On Sees Sales Slump in First Two Months of 2018 and More Asia Real Estate Headlines
At the top of today’s news, Shanghai-based Shui On Land didn’t sell off any projects in the first two months of the year, causing some dismal looking results for the Xintiandi developer. There’s better news in Singapore, which was ranked… Read More>>
ARA Taps Standard Chartered Alum To Head New European Platform
Singapore-based real estate fund manager ARA Asset Management is making its first foray out of Asia Pacific by setting up a new European platform under the leadership of veteran real estate financier Mark Ebbinghaus.
Based in London, Ebbinghaus is responsible… Read More>>