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>>
Hong Kong’s First Group Buys Tsuen Wan Office Site for HK$980M
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
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>>
Blackstone Leaps into India Logistics Sector with INR 25B Development JV
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>>
Office Vacancy in Hong Kong’s Central Surges as Cost Concerns Rise
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.
JD.Com Logistics Unit Said Eyeing $10B IPO and More Asia Real Estate Headlines
The logistics unit of an ecommerce giant leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the the e-commerce giant mulls an IPO that could potentially raise $10 billion.
In other news around… Read More>>
Singapore’s ARA Sets Up European Real Estate Debt JV in London
ARA Asset Management took another step toward establishing a global footprint this week when the Singapore-based firm announced a European joint venture focused on real estate debt opportunities.
The Warburg Pincus-backed fund manager has reached an agreement with London-based Venn… Read More>>
Chongqing’s CC Land Joins Meyer Bergman for £1.2B London Redevelopment
Mainland China developer CC Land has committed £182 million ($236 million) to a London regeneration scheme worth £1.2 billion, pumping money into a city that analysts expect to offer more opportunities following the landslide election victory by Boris Johnson’s Conservative… Read More>>
SPH Buys Student Digs for £448M as Singapore Zeroes in on UK Universities
Singapore Press Holdings has acquired a portfolio of student housing properties in the UK for £448 million ($583 million), as student digs in the Brexit-encumbered country continue to draw Singapore investors.
The SGX-listed media conglomerate’s latest acquisition more than doubles… Read More>>
RMB 16B Western China Deal Makes Sunac Owner of World’s Biggest Building
Sunac China Holdings has racked up RMB 16.31 billion ($2.32 billion) in land and property acquisitions in less than two weeks, extending a buying binge in second-tier cities and further boosting the Tianjin-based developer’s outsize project pipeline.
On 6 December,… Read More>>
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