Just three months after buying a 50 percent stake in a site in Shanghai’s Huangpu district from financially troubled China Minsheng Investment Group, state-backed Greenland Group has unveiled plans for a relaunch of what it says is a RMB 100… Read More>>
Frasers Property Appoints Hua Tiong Lim as Vietnam CEO
Frasers Property Limited has appointed Hua Tiong Lim as chief executive officer of its Vietnam subsidiary, according to an announcement by the Singapore-listed developer.
The former China Fortune Land Development International executive will lead Frasers Property Vietnam’s operations in the… Read More>>
Nan Fung Pays RMB 2.4B for Office Site in Shanghai’s Gubei
Hong Kong’s Nan Fung International Holdings has won the rights to a commercial plot in Shanghai’s Changning district after the developer agreed to pay RMB 2.4 billion ($352 million) to purchase the site at a government land auction this past… Read More>>
Unnamed Mainland Investor Buys Floor of Hong Kong’s the Center for HK$1.1B
Hong Kong tycoon David Chan Ping-chi has taken a step towards cashing out his holdings in the Center on Hong Kong’s Queen’s Road, selling a floor in the office building nearly two years after joining a consortium which acquired the… Read More>>
JLL Brokers $221M Keppel REIT-PGIM Deal in Seoul and More Asia Agency Wins Mingtiandi Broker Battle
Seoul takes centre stage in Mingtiandi’s latest accounting of Asia’s biggest brokerage wins with JLL assisting with a KRW 252.6 billion trade for an office asset in the Korean capital’s central business district as activity also picks up in Hong… Read More>>
Chris Wu Steps Up to Group CFO at LifeHub Developer Chongbang
Christopher Wu has made the step up to Group Chief Financial Officer at Chongbang Group, the developer behind a series of LifeHub mixed-use projects in Shanghai and other major mainland centres, according to market sources who spoke with Mingtiandi.
In… Read More>>
Mirae Asset, Korea Post Buy Seoul Tower From ADIA and CBRE GI for KRW 589B
A unit of Korea’s Mirae Asset Financial Group has agreed to purchase the State Tower Namsan in Seoul for KRW 588.6 billion ($507 million), according to a statement last week from a brokerage representing the seller of the 24-storey office… Read More>>
Keppel Capital Buys Trio of Seoul Office Buildings From Samsung SRA for KRW 430B
Singapore private equity firm Keppel Capital has agreed to purchase a set of three Seoul office buildings for a combined KRW 430 billion ($370.5 million), according to an announcement by the firm on Monday.
Keppel Capital is buying the asset… Read More>>
Bunny Wang Joins Brokerage Core Capital Asia in Shanghai
Core Capital Asia, the boutique real estate investment advisory firm founded by veteran broker Mark Suchy, has added some depth to its leadership with the appointment of Shanghai native Bunny Wang as Senior Director.
Wang will focus primarily on assisting… Read More>>
Perennial and SPH Sell Singapore Mall to Mitsubishi-CLSA Fund in S$520M Deal
Singapore’s Perennial Real Estate Holdings and a consortium of investors including Singapore Press Holdings (SPH) have agreed to sell a retail complex in the city’s Chinatown precinct for S$520 million ($383.28 million), the listed companies announced on Monday.
Under the… Read More>>
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