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ESR Jeffrey Shen 1

ESR Announces $500M China Logistics Joint Venture with GIC

2020/01/13 by Michael Cole Leave a Comment

Less than three months after completing a HK$14 billion ($1.8 billion) IPO, ESR continues to raise cash for further expansion, as the logistics developer and fund manager today unveiled a joint venture with Singapore’s GIC.

Warburg Pincus-backed ESR Cayman announced… Read More>>

CBRE Leads Brokerage Wins with Warburg Pincus-Backed RMB 3B Beijing Buy Mingtiandi Broker Battle

2020/01/13 by James Hatton Leave a Comment

CBRE tops the deal charts this week after its team assisted a Warburg Pincus-backed JV in acquiring a 25,780 square metre (277,493 square foot) office tower in Beijing.

Also in mainland China, Shenzhen-based commercial real estate agency BlackHills scored with… Read More>>

chen feng HNA

HNA Said to Have Sold Shanghai Office Project to China Cinda

2020/01/13 by Michael Cole Leave a Comment

China’s HNA Group has disposed of another of its property assets, according to mainland news reports, with one of the country’s top bad asset banks said to have taken over a Shanghai office building developed by the financially troubled conglomerate.

… Read More>>

cheung chung kiu CC Land

CC Land Chairman Agrees to Buy London’s Priciest Home for £210M

2020/01/12 by Michael Cole Leave a Comment

Hong Kong billionaires continue to take advantage of the Brexit discount on London property, as the chairman of the developer CC Land has agreed to buy the most expensive home ever in the UK capital.

The family office of Cheung… Read More>>

LV to Close Store in Hong Kong’s Causeway Bay Amid Collapsing Sales

2020/01/06 by James Hatton 1 Comment

Louis Vuitton is set to become the second major fashion brand to opt not to renew a lease in Hong Kong since the start of the city’s pro-democracy protests seven months ago, as retail sales plunge in the Asian financial… Read More>>

su bo macrolink

Mainland Developer Dumps Chairman Amid Police Investigation

2020/01/06 by Michael Cole Leave a Comment

The chairman of a Hong Kong-listed company building a casino on South Korea’s Jeju Island has replaced its chairman after the former company head became involved in an investigation in China, according to statements to the Hong Kong exchange and… Read More>>

Wei-Shenyi First Group

Hong Kong’s First Group Buys Tsuen Wan Office Site for HK$980M

2020/01/06 by Mingtiandi Team Leave a Comment

Hong Kong’s once-frenzied commercial property market is flagging as months of political turbulence take a mounting toll on the city’s economy. But a pair of recent sales in the New Territories and Kowloon totaling more than HK$1 billion show that… Read More>>

Mitsubishi Estate Said Doubling Overseas Property Fund to $9B

2020/01/04 by James Hatton Leave a Comment

Mitsubishi Estate Corporation is looking to double the size of its overseas property investment platform to JPY 1 trillion ($9 billion), according to a report in the Nikkei Asian Review.

The Japanese property giant plans to expand the low-risk, long-term… Read More>>

Stephen Schwarzman Blackstone

Blackstone Leaps into India Logistics Sector with INR 25B Development JV

2019/12/28 by James Hatton Leave a Comment

After building up India’s largest portfolio of office assets, Blackstone has committed INR 12.5 billion ($175 million) to an industrial real estate investment initiative as its first move into the country’s logistics real estate sector.

The US private equity giant,… Read More>>

jardine house, ifc central hong kong

Office Vacancy in Hong Kong’s Central Surges as Cost Concerns Rise

2019/12/28 by James Hatton Leave a Comment

With Hong Kong poised to see in the new year with the completion of its seventh month of pro-democracy protests, the city’s prime commercial district now has more empty office space than at any time in the past four years.

… Read More>>

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