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henry cheng chow tai fook

Chow Tai Fook, FEC Secure Financing for A$3.6B Brisbane Casino

2020/05/18 by James Hatton Leave a Comment

An A$3.6 billion ($2.3 billion) Brisbane casino resort backed by a pair of Hong Kong heavyweights has secured financing that allows the controversial development to press ahead despite opposition from preservationists and design groups.

Australian gambling and entertainment company Star… Read More>>

RImon Ambarchi

CBRE Leads Brokerage Wins with Deutsche Shed Deal as Asia Recovers Mingtiandi Broker Battle

2020/05/18 by James Hatton Leave a Comment

Asia’s real estate markets have reawakened in May with the world’s largest brokerages handling a string of investment and leasing transactions in Hong Kong, mainland China and Singapore after deals came to a near halt during April, according to data… Read More>>

victor li ck asset

Li Ka-shing’s CK Asset Sounds Profit Alarm as COVID-19 Crimps Business

2020/05/17 by James Hatton Leave a Comment

The property conglomerate chaired by the son of Hong Kong’s richest man has warned shareholders to expect a fall in profits for the first half of the year, marking the first time the company has issued a profit warning since… Read More>>

Billionaire Developer Targets HK$700M Forced Sale in Western HK

2020/05/17 by Stephanie Li Leave a Comment

One of Hong Kong’s wealthiest men has moved a step closer to developing a residential complex in the city’s Sai Ying Pun district after successfully applying for a compulsory sale of the remaining units in a 61-year-old walk-up near the… Read More>>

pan sutong

Hong Kong-listed Goldin Sells Kai Tak Residential Plot at HK$2.6B Loss

2020/05/11 by Stephanie Li Leave a Comment

Goldin Financial Holdings has agreed to sell a residential site on Hong Kong’s former airport at a HK$2.6 billion ($340 million) loss, as the company seeks to free up cash amid a downturn in the Asian financial hub.

The financial… Read More>>

Abandoned WeWork Centres Put Up for Lease in Kowloon

2020/05/11 by Stephanie Li Leave a Comment

WeWork has surrendered three lease commitments in Hong Kong as the US co-working giant continues to restructure its portfolio, according to a person with knowledge of the matter who spoke to Mingtiandi.

Mingtiandi understands that WeWork has surrendered its centre… Read More>>

Deutsche Asset Manager Makes SG’s First Major Logistics Buy of 2020

2020/05/10 by James Hatton Leave a Comment

Deutsche Bank’s asset management arm has acquired a warehouse asset in western Singapore, braving the COVID-19 downturn to make the Southeast Asian financial mecca’s first major logistics acquisition of the year.

DWS, which was formerly known as Deutsche Asset Management,… Read More>>

IFC Hong Kong

Hony Capital Said to Lease Office in Hong Kong’s IFC at 35% Off 2017 Rates

2020/05/07 by James Hatton Leave a Comment

Mainland private equity investor Hony Capital has leased out an upper level unit in Hong Kong’s Two International Finance Centre for HK$130 ($17) per square foot per month – a 35 percent discount on what an equivalent space in the… Read More>>

warehouse2

Baring Private Equity Asia Raises $480M for China Logistics Venture

2020/05/04 by James Hatton Leave a Comment

Baring Private Equity Asia has closed a $480 million commitment to a mainland China logistics joint venture, as the Hong Kong-based firm dials in on the accelerating appetite for warehouse space in the country.

Forest Logistics aims to build and… Read More>>

albert chuang

Hong Kong Family Office Said to Buy London Commercial Building for £94M

2020/05/04 by James Hatton 1 Comment

A Hong Kong family office has reportedly made its first solo property acquisition in London, defying the pandemic to snap up a commercial building next to oyster sauce maker Lee Kum Kee Group’s £1.3 billion ($1.6 billion) Walkie Talkie building.

… Read More>>

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