Trading in shares of Goldin Financial Holdings remained suspended on the Hong Kong exchange today as the real estate and investment firm controlled by mainland tycoon Pan Sutong struggles to raise funds after having its corporate headquarters taken over by… Read More>>
APAC Real Estate Deals to Rebound After Slumping 32% Jan to June: JLL
Real estate investment volumes across Asia Pacific slumped 32 percent in the first half of 2020 compared to last year, falling to $60.4 billion as the full economic impact of the Covid-19 pandemic hit the region, property brokerage JLL said… Read More>>
Lippo’s OUE Sells Los Angeles Tower for $430M – 34% Below Book Value
OUE Limited, the Singapore-based property developer controlled by Indonesian conglomerate Lippo Group, said Friday that it has agreed to sell the iconic US Bank Tower in Los Angeles for $430 million.
The SGX-listed developer is selling the property to USBT… Read More>>
Chuang’s Consortium Secures Redevelopment Site in Hong Kong’s Central
Halfway through a year of public health crisis and political controversy in Hong Kong, the city’s real estate developers continue to take extraordinary measures to acquire prime sites, with Chuang’s Consortium having snapped up a redevelopment site in… Read More>>
Sino-Ocean Capital Acquires Office Asset in Shanghai’s Caohejing for RMB 2B
Beijing’s Sino-Ocean Capital recently completed an acquisition of an office building in Shanghai’s Xuhui district, closing on the purchase of the H88 Yuehong Plaza despite delays caused by the pandemic and weakening demand for commercial space in the city.
The… Read More>>
Allianz, ESR, JLL, LaSalle Talk Logistics in APAC Core Markets Tuesday on MTD TV
Mingtiandi’s APAC Logistics Series 2020 continues today with a panel discussion exploring how investment opportunities in core markets around Asia Pacific have developed in the year of the pandemic.
In the session at 10:00 am Hong Kong time Tuesday, 14… Read More>>
Knight Frank Names Jonathan Rideout Head of Office Services for ShanghaiÂ
Knight Frank has hired former CBRE business park specialist Jonathan Rideout as head of office services for the company’s Shanghai office, according to a company press release.
“I am delighted to be joining Knight Frank and look forward to working… Read More>>
Hong Kong Shanghai Alliance Buys Shanghai Hotel Complex for RMB 3.1B
Colliers International announced recently that it had assisted Shanghai’s Great Wall Real Estate Group in the sale of the city’s Great Wall Financial Building, marking the largest single-buyer transaction involving a foreign institution in China’s commercial capital this year.
The… Read More>>
Mingtiandi APAC Logistics Series Starts Today
Logistics real estate has become a favoured sector for investment in 2020 and Mingtiandi is happy to begin a series of conversations with industry leaders today, with an interview of Warburg Pincus managing director and head of Southeast Asia, Jeffrey… Read More>>
Digital Realty Kicks Off Work on Second Hong Kong Data Centre
US-based data centre REIT Digital Realty announced late last week that it will start development of its second data centre in Hong Kong as the 16-year-old company expands its footprint in Asia Pacific.
The company expects the carrier neutral facility,… Read More>>
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