The heirs of Hong Kong’s late “Shop King” Tang Shing-bor have put a Kowloon East hotel back on the market, in their latest move to wind down the family’s property portfolio after an ill-timed venture into the city’s hospitality sector… Read More>>
Nomura Takes on Pair of Condo Projects Near Pattaya in Thai JV
Nomura Real Estate Development is investing in two condo projects in eastern Thailand through a joint venture with local developer Origin Nationwide, according to an announcement this week by the Japanese company.
Nomura has partnered with Origin to develop a… Read More>>
Evergrande Winding-Up Hearing Adjourned Again and More Asia Real Estate Headlines
A winding-up hearing for China Evergrande has been pushed back again, this time to the end of January, with that story leading Mingtiandi’s roundup of real estate headlines today. Also making the list, OCBC files a money-laundering claim in Singapore’s… Read More>>
China Advances First Mall Trusts in Latest Expansion of REIT Programme
China’s first batch of retail REITs received registration approval from the country’s securities regulator following an expansion of the country’s listed real estate investment trust pilot programme in March that saw malls and other retail properties added to China’s nascent… Read More>>
CBRE Promotes Tom Gaffney to President of North Asia Advisory, Succeeding Ben Duncan
CBRE has elevated Tom Gaffney to president of the firm’s North Asia advisory business, with the post’s current holder, Ben Duncan, assuming a temporary role as North Asia chairman ahead of a planned exit next year.
Gaffney, who is regional… Read More>>
Hong Kong Office Leasing Grew Again in October as Occupiers Grabbed Bargains
Tenants in Hong Kong’s Grade A office market took up 152,500 square feet (14,168 square metres) more than they gave back in October, marking a third straight month of positive take-up, according to JLL.
The overall vacancy rate of the… Read More>>
Mingtiandi Events Set to Return to Hong Kong, Singapore, Adding Tokyo Session in 2024
After attracting more than 4,000 attendees across its online and on-location event programmes this year, Mingtiandi has laid out a full year of panels and interviews for 2024, including events in Hong Kong, Singapore and Tokyo.
Mingtiandi’s Singapore Forum on… Read More>>
Suspects Detained in $36B Zhongzhi Crisis and More Asia Real Estate Headlines
China’s latest corruption case leads the real estate news from around Asia again today, with reports emerging that authorities have detained suspects in a newly launched investigation. Also making the headlines, Hong Kong developers are turning to private credit as… Read More>>
Hong Kong Residential Tender Failures in Past 22 Months Surpass 2015-2021 Total
The number of failed residential development tenders in Hong Kong over the last 22 months has surpassed that of the previous seven years, according to a report by consultancy JLL.
The government has withdrawn four residential sites from tenders since… Read More>>
Blackstone in Need of New CEO for India Industrial Platform as Rahul Pandit Departs
Having established a portfolio of 17 industrial developments across eight major markets in India, Blackstone is looking for new leadership for its Horizon Industrial Parks joint venture in the country, Mingtiandi can confirm.
Rahul Pandit, who served as chief executive… Read More>>
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