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kenny lam manulife

Manulife Biggest Investor in HK$9.8B Buy of Swire’s Cityplaza One in Hong Kong

2021/01/03 by Michael Cole Leave a Comment

Hong Kong’s biggest building sale of 2020 closed on one of the last days of the year, with sign-off on the trade of Swire Properties’ Cityplaza One in Taikoo also bringing to light the deal’s largest investor.

While a consortium… Read More>>

RRJ Capital

China Logistics Properties Stake on Block for $1B and More Asia Real Estate Headlines

2020/12/30 by Pimfha Chandhapradit Leave a Comment

In our latest roundup of regional news headlines, China Logistics’ two biggest shareholders set in motion a plan to sell a 50 percent stake in the firm, a Hong Kong mixed-use property formally changes hands, and Singapore developer CDL obtains… Read More>>

Ascendas REIT Buying Brisbane Warehouse for A$70M and More Asia Real Estate Headlines

2020/12/24 by Pimfha Chandhapradit Leave a Comment

In this edition of our news roundup, Ascendas REIT sets its sights on an Australian logistics property as its next holding, Keppel Land prepares to divest itself of a London office building, and Swire announces a collaboration with Sino-Ocean on… Read More>>

James Murray Swire

Swire Properties Names Cathay’s Martin Murray to Board in Financial Reshuffle

2020/12/17 by Michael Cole Leave a Comment

Facing its toughest year of the century, Hong Kong’s Swire Group has named new financial leadership at three of its biggest units, according to an announcement to the Hong Kong stock exchange this week.

Michelle Low, a 23-year veteran of… Read More>>

Zoom to Set Up R&D Centre in Singapore and More Asia Real Estate Headlines

2020/12/16 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, video conferencing juggernaut Zoom announces a big expansion in Singapore, Hong Kong retains its crown as the world’s priciest city for expats, and Guocoland draws unwanted attention from Malaysia’s stock exchange over unusual… Read More>>

Goodwin Gaw

Gaw Capital, Schroder Pamfleet Lead HK$9.8B Buy of Swire’s CityPlaza One

2020/11/09 by Michael Cole Leave a Comment

An investment consortium led by fund managers Gaw Capital Partners and Schroders Pamfleet have agreed to buy the CityPlaza One office building in Hong Kong from Swire Properties, braving declining office leasing activity to make the city’s largest acquisition of… Read More>>

Merlin Swire

Swire in Talks to Sell Cityplaza One in Hong Kong

2020/10/28 by Michael Cole Leave a Comment

Just over one week after its airline division cut 6,000 workers, the property development business of Hong Kong’s Swire Group says it is in talks to dispose of an office building on Hong Kong island.

Swire Properties announced to the… Read More>>

TikTok Owner Bytedance Expands in Singapore and More Asia Real Estate Headlines

2020/10/15 by Shiunne Bulsombut Leave a Comment

Singapore office landlords received some good news today as China’s Bytedance follows through on earlier talk of expanding its presence in the city-state with three-storey lease near Raffles Place.

While the maker of TikTok is enlarging its… Read More>>

Li Ka Shing

Regulators Block Loans for CK Asset Chengdu Deal and More Asia Real Estate Headlines

2020/09/24 by Shiunne Bulsombut Leave a Comment

China’s “three red lines” rules introduced last month appear to already be having an impact with Li Ka-shing’s sale of a Chengdu project said to be endangered by the new guidelines on restricting credit to indebted developers, according to a… Read More>>

Pacific Place

Swire Properties Profit Falls 90% on Valuation Slide and More Asia Real Estate Headlines

2020/08/13 by Michael Cole Leave a Comment

Damage from the coronavirus pandemic continued to show up in the earnings of Asia’s top developers today as Hong Kong-listed Swire Properties reported a 90 percent drop in profit during the first six months of 2020.

Also… Read More>>

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