Arch Capital Management is buying Anson House in Singapore for S$210 million ($152 million), according to market sources.
A sale and purchase agreement is due to be signed this week, with Arch acting on behalf of an unnamed German fund,… Read More>>
Dah Sing Bank Said Signing HK$3.42M Lease in Wan Chai’s Sunlight Tower
As strikes and protests continue to grip Hong Kong, banks in the Asian financial hub are still signing leases for new office space, even as rents are predicted to slide in the second half of 2019.
Hong Kong-based Dah Sing… Read More>>
Compulsory Sale Moves Henderson Closer to 1M SqFt Kowloon Project
Henderson Land Development has moved a step closer to consolidating a site for a 1 million square foot mixed-use project in Kowloon’s Hung Hom area, thanks to a judicial ruling last week.
Hong Kong’s Lands Tribunal last week approved an… Read More>>
Singapore’s Stamford Land Buys City of London Office for £260M
Stamford Land Corporation has snapped up a commercial building on one of the City of London’s most historic streets, teaming up with a private firm controlled by the chairman of the Singapore-listed company to acquire the asset for £260 million… Read More>>
Bouwinvest Reveals $100M Investment with PAG
Amsterdam-based Bouwinvest Real Estate Investors has committed $100 million to Asian investments managed by private equity firm PAG, according to an announcement last week.
Bouwinvest’s cash has already been put to work under PAG’s real estate division acquiring 26 office… Read More>>
CBRE Brokers HK$892M Sale of Former Wan Chai Nightclub and More Agency Wins Mingtiandi Broker Battle
The former site of a notorious nightclub in Wan Chai is once again a hub of broker activity this week with CBRE picking up a win with the HK$892 million sale of the space on Jaffe Road.
Also in Hong… Read More>>
Pamfleet Reaches $450M Final Close on Third HK-SG Value-Add Fund
Hong Kong-based real estate private equity firm Pamfleet has reached a $450 million final close on Pamfleet Real Estate Fund III, Mingtiandi has come to understand.
The investment vehicle is the company’s third pooled investment vehicle targeting value-add projects in… Read More>>
Post-War Mansion on Hong Kong’s Peak Could Fetch Up to HK$6B
A Hong Kong property owned by the family of tin-mining tycoon Loke Yew has been put up for sale, with offers predicted to reach up to HK$6 billion ($770 million), according to market sources.
The 68-year-old mansion, which is being… Read More>>
JD.Com, Qihoo 360 Buy HK$491M Stake in High-Tech Mainland Property Manager
Mainland e-commerce giant JD.com and internet security provider Qihoo 360 Technology have agreed to buy a combined HK$491 million ($62.87 million) stake in Shenzhen-based residential property manager Colour Life, according to a statement to the stock exchange by the Hong… Read More>>
New World’s K11 Atelier King’s Road Project Now Half-Leased in Eastern Hong Kong
New World Development’s K11 division has won an occupancy permit for its latest Hong Kong office project, kicking off formal leasing activity for K11 Atelier King’s Road, according to an announcement by the company late last week.
The 22-storey office… Read More>>
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