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Zhang Guobiao Forchn

Forchn to Set Up $150M Logistics Fund, Wins Rights to SE Asia Warehouses From YCH

2018/04/30 by Mingtiandi Team Leave a Comment

Chinese manufacturer and warehouse developer Forchn Holdings has signed a framework agreement with Singaporean logistics provider YCH Group to cooperate on investments in Southeast Asia and China including establishing a $150 million warehouse fund.

“The partnership with YCH Group is… Read More>>

Cuscaden Road site

New World, FEC and SC Global in Record $309M Singapore Site Bid

2018/04/28 by Shawna Kwan Leave a Comment

Hong Kong developers New World Development and Far East Consortium have teamed up with their Singapore counterpart SC Global Developments to lodge a record S$410 million ($309 million) bid for a residential site near the city-state’s Orchard Road, according to an… Read More>>

Gaw, Sino-Ocean and Huarong Partner to Buy Chicago’s Soho House for $95M

2018/04/23 by Greg Isaacson 1 Comment

A room for a night at Soho House Chicago will set you back about $365. Membership in the posh private club at the same address will cost you at least $2,100 per year. Or you can buy the whole building… Read More>>

Li Sze-lim Guangzhou R&F

HNA Sells Rights to Haikou Project to Guangzhou R&F for RMB 5.7B

2018/04/23 by Shawna Kwan Leave a Comment

Guangzhou R&F Properties, the white knight which bought out 70 Dalian Wanda hotels when Wang Jianlin’s commercial developer hit the wall financially, is now officially the partner of another embattled Chinese conglomerate. The Guangdong-based developer announced on Friday that it… Read More>>

Tony Lombardo Lendlease

Lendlease Enters China Senior Housing Market With $302M Shanghai Project

2018/04/23 by Shawna Kwan Leave a Comment

Australia’s largest provider of senior housing is entering the Chinese elder living market for the first time. Aussie property developer Lendlease is set to develop a RMB 1.9 billion ($302 million) senior living community in Shanghai, China, according to a… Read More>>

Edwin Leong

Hong Kong’s Shop King Consolidates Western Site with HK$810M Buy of Butterfly Hotel

2018/04/22 by Shawna Kwan Leave a Comment

Edwin Leong Siu-hung, chairman of property developer Tai Hung Fai Enterprise and one of Hong Kong’s wealthiest men, is consolidating a block of properties in Sai Ying Pun, two MTR stations west of Central after spending over HK$1.5 billion ($191… Read More>>

Mark Gabbay LaSalle IM

LaSalle Raises $1.15B for Fifth Asia Opportunity Fund

2018/04/16 by Greg Isaacson Leave a Comment

US-based real estate investment firm LaSalle Investment Management has secured $1.15 billion of equity for its fifth pan-Asia opportunistic fund, topping the initial target of $750 million as global institutional investors pile into the region’s property assets.

The capital will… Read More>>

Humbert Pang Gaw

Gaw Closes on $798M Purchase of Sky Soho in Shanghai After Teaming Up With Allianz

2018/04/16 by Michael Cole Leave a Comment

Hong Kong’s Gaw Capital Partners announced today that a fund under its management had closed on its RMB 5.01 billion (now $798 million) acquisition of two of the four office buildings in Sky Soho, a commercial development in Shanghai’s Changning district,… Read More>>

JD_conference

JD.com Says It Will Open 1,000 Convenience Stores Every Day

2018/04/16 by Shawna Kwan Leave a Comment

China’s second-ranking e-commerce company continues to expand its online empire into the offline world as JD.com’s founder and chief executive vowed late last week to open 1,000 stores every day this year.

“As of last month, JD.com opened 1,000 convenience… Read More>>

Grant Dooley ARA Infrastructure

ARA Hires Grant Dooley To Lead New Infrastructure Platform

2018/04/16 by Greg Isaacson Leave a Comment

Real estate fund manager ARA Asset Management has tapped former diplomat and investment veteran Grant Dooley to lead its newly formed infrastructure platform as chief executive officer. Based in Singapore, Dooley is tasked with overseeing the ARA Infrastructure division and… Read More>>

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