Henderson Land Development has submitted a design plan for its Site 3 harbourfront development in Hong Kong’s Central district, according to an application by the builder to the Town Planning Board, with the project expected to be worth as much as HK$73 billion ($9. Mingtiandi Hong Kong Forum 2024; Mingtiandi APAC Logistics Forum 2024; Mingtiandi Singapore Forum 2024;. The 1446 square metre (15,5655 square foot) building occupies an 840. Home; ROV and Drone Services; Mineral,Energy & Agro Commodities. 2023/12/12 by Christopher Caillavet Leave a Comment. US developer Hines has joined the stampede into Japan’s rental residential market with the purchase of 11 multi-family properties on behalf of the firm’s flagship pan-Asian fund. Oasis Capital Management filed an action against Kaisa in Manhattan, saying the HKEX-listed. 6 million), with plans to redevelop the property and surrounding buildings into what could become a. Mingtiandi Hong Kong Forum 2024; Mingtiandi APAC Logistics Forum 2024; Mingtiandi Singapore Forum 2024; Mingtiandi APAC Data Centre Forum 2024; Mingtiandi Japan VIP Conference 2024; More Events; MTD TV; People. Mingtiandi Hong Kong Forum 2024; Mingtiandi APAC Logistics Forum 2024; Mingtiandi Singapore Forum 2024; Mingtiandi APAC Data Centre Forum 2024; Mingtiandi Japan VIP Conference 2024; More Events; MTD TV;. In today’s roundup of regional news headlines, fund management. The luxury residential segment fared better as its capital values climbed 1. Disregarding the impact of the sale of the CityPlaza One project, gross rental income was down 2 percent compared with the first six months of 2020. 3 billion) upon completion. With a facility in Singapore and plans to expand in other Southeast Asia markets as well as Taiwan, Empyrion DC recently broke ground in. Mingtiandi 2023 Event Calendar; Mingtiandi APAC Residential Forum 2023; Mingtiandi Asia Logistics Forum 2023; Mingtiandi Hong Kong Focus Forum 2023These rates are automatically applied upon registration. New York-based private equity group Angelo Gordon could be on its way to building a 20-megawatt data centre in Hong Kong’s New Territories, having last month submitted a second redevelopment application in three months to the city’s Town Planning Board, said sources familiar with the matter. Hines on Friday announced the official opening of its first-ever rental apartment complex in Hong Kong as the US developer continues to expand its bets on multi-family residential in Asia Pacific. Mingtiandi 2023 Event Calendar; Mingtiandi APAC Residential Forum 2023; Mingtiandi Asia Logistics Forum 2023; Mingtiandi Hong Kong Focus Forum 2023The buyer of the 28-storey building in Kowloon East, identified as HG Real Estate Investment Hong Kong Co Ltd, says it was notified on 1 November by receivers holding the property that the HK$6. 8 percent year-on-year revenue growth and a 167. Next up, Mingtiandi will return to Hong Kong on 14 May for our second forum in the city, after attracting nearly 200 top decision-makers at our 2023 event. As part of Mingtiandi’s APAC Residential Forum 2023, which is sponsored by Yardi, Mingtiandi is proud to host a panel of experts who will explore the latest developments in the Japan market including. Asia Real Estate People in the News 2023-12-04. Far East Orchard Net Profit Jumps 68% as Hospitality Recovers Singapore-listed real estate firm Far East Orchard posted a 67. The InterContinental hotel on the Tsim Sha Tsui waterfront in Hong Kong will lay off about 500 employees as it embarks on a two-year renovation project, a labour union has said. The Temasek Holdings-owned group noted that operational performance improved, supported by higher contributions from. The manager of Hong Kong’s Link REIT is in talks with Intu Properties to buy equity in the UK shopping centre landlord, according to an announcement by the London-listed company, as the manager of the real estate investment trust conducts a £1 billion ($1. Asia Real Estate People in the News 2023-12-04. 2023/10/01 by Danita Phaopat Leave a Comment. 8 billion, Mercatus Co-operative has headed back to the market with a set of community retail assets carrying a price tag of S$265 million ($194. Rents in Champion Tower currently average around HK$88. . Hongkong Land Names Mapletree’s Smith Chief Executive as Office Slump Continues. 3 billion), the CEO of Asia’s biggest REIT still sees acquisition opportunities as regional markets face a potential downturn in property values and interest rates move higher. 7B for Deal and More Hong Kong Real Estate Headlines. Industry Moves;. 2023/10/03 by Michael Cole Leave a Comment. Mingtiandi Hong Kong Forum 2024; Mingtiandi APAC Logistics Forum 2024; Mingtiandi Singapore Forum 2024; Mingtiandi APAC Data Centre Forum 2024;Mingtiandi Hong Kong Forum 2024; Mingtiandi APAC Logistics Forum 2024; Mingtiandi Singapore Forum 2024; Mingtiandi APAC Data Centre Forum 2024; Mingtiandi Japan VIP Conference 2024; More Events; MTD TV; People. 20 (US$11. 9 billion ($290 million). Hongkong Land veteran Tom Andrews has joined Henderson Land Development in Hong Kong as a. Mingtiandi APAC Residential Forum 2024; Mingtiandi Hong Kong Forum 2024; Mingtiandi APAC Logistics Forum 2024; Mingtiandi Singapore Forum 2024; Mingtiandi APAC Data Centre Forum 2024;. Mingtiandi’s Singapore forum concluded on Tuesday with nearly 200 top decision-makers gathering to hear in-depth interviews and panel discussions covering real estate investment in the city-state and across Southeast Asia. 2023/11/30 by Ponrath Sopannarath Leave a Comment. Mingtiandi Hong Kong Forum 2024; Mingtiandi APAC Logistics Forum 2024; Mingtiandi Singapore Forum 2024; Mingtiandi APAC Data Centre Forum 2024; Mingtiandi Japan VIP Conference 2024; More Events; MTD TV;. One of Asia’s hottest real estate investment sectors comes into focus starting next week as Mingtiandi begins its APAC Residential Forum with an interview of top executives from Warburg Pincus and Hong Kong’s Weave Living. Wang On Buys Building Opposite APG JV Redevelopment Project in Hong Kong. GLP, Heitman, JLL and BEI Group See Opportunity in Hong Kong Industrial Upgrades. The gross floor area of the residential-cum-commercial site is 369,415. Private equity firm PAG has purchased Mapletree Bay Point, a prime office building in Hong Kong’s Kowloon East area which is home to both HSBC and WeWork, according to sources familiar with the transaction who spoke with Mingtiandi. 25 million ($17. Link REIT has provided continuous. 3 billion to HK$9. Capital Markets; Events. 8 million square foot (172,819. If you’re in a traditional office you can only stay in one location, but with TEC in Hong Kong, you can go to all our locations. 36 million ($39 million), according to the source, who confirmed earlier reports in the local press. ESR has acquired a western Sydney logistics complex from M&G Real Estate. The company said at the time that it aimed to raise $400 million for that strategy by the end of 2023 and to eventually grow the vehicle. Mingtiandi Hong Kong Forum 2024; Mingtiandi APAC Logistics Forum 2024; Mingtiandi Singapore Forum 2024; Mingtiandi APAC Data Centre Forum 2024;. Also making the list are board level moves at Singapore’s CapitaLand Investment. 2 billion). Some 200 industry executives joined Mingtiandi’s Hong Kong Focus Forum on Tuesday, as leaders of the region’s biggest developers, fund managers and investment institutions took a closer look at the real estate market in the city and across the region. Also making the list, Vietnam expects a surge in data centre projects and Shenzhen developers look for buyers in Hong Kong. Land Registry…. Required fields are marked * Comment * Name * Email *ESR Selling 30% Stake in Hong Kong Cold Chain Project to Mainland Investor. 2023/11/11 by Michael Cole Leave a Comment. 4 billion ($305. A new head of real estate at one of Canada’s largest pension fund managers leads Mingtiandi’s round of industry personnel moves from around the region this week as the Ontario Teachers’ Pension Plan reorganises its management. CSI Properties is leasing 100,000 sqft in its Harbourside HQ project to Hong Kong’s Hospital Authority in the city's biggest lease of 2023. After nearly four years of pandemic and travel restrictions, Mingtiandi returns to Hong Kong with its first-ever Hong Kong Focus Forum in 2023, which will. Hong Kong’s Lands Department has awarded Sun Hung Kai Properties (SHKP) a site in Kowloon’s Mong Kok area at a price of HK$4. Capital Markets; Events. Mingtiandi Hong Kong Forum 2024; Mingtiandi APAC Logistics Forum 2024; Mingtiandi Singapore Forum 2024; Mingtiandi APAC Data Centre Forum 2024;. 3 percent over the last six months, while transaction volume for properties valued at or above HK$20 million surged 96. Mingtiandi Events Set to Return to Hong Kong, Singapore, Adding Tokyo Session in 2024 2023/11/27 by Michael Cole Leave a Comment 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,. Also making the list is a report…. Some 200 industry executives joined Mingtiandi’s Hong Kong Focus Forum on Tuesday, as leaders of the region’s biggest developers, fund managers and investment institutions took a closer look at the real estate market in the city and across the region. China’s answer to Nike has agreed to buy Harbour East, a four-year-old office tower in the North Point area, from Henderson Land for HK$2. Mingtiandi Hong Kong Forum 2024; Mingtiandi APAC Logistics Forum 2024; Mingtiandi Singapore Forum 2024; Mingtiandi APAC Data Centre Forum 2024; Mingtiandi Japan VIP Conference 2024; More Events; MTD TV; People. Asia Real Estate People in the News 2023-11-27. Returning to the Lion…. Mingtiandi 2023 Event Calendar; Mingtiandi APAC Residential Forum 2023; Mingtiandi Asia Logistics Forum 2023; Mingtiandi Hong Kong Focus Forum 2023The city’s Lands Department announced on Friday that it had commenced the open tender of Site 3 of the New Central Harbourfront, a commercial plot that had earlier been projected to fetch HK$40 billion ($5. Capital Markets; Events. December 9, 2023. Mingtiandi 2023 Event Calendar; Mingtiandi APAC Residential Forum 2023; Mingtiandi Asia Logistics Forum 2023; Mingtiandi Hong Kong Focus Forum 2023Resilient Singapore Office Sector Lifts OUE C-REIT’s Net Property Income by 18% in Q1. Hong Kong’s Liu Chong Hing Investment Buys London Commercial Building for $55M. If questions remained about Hong Kong-based Link REIT’s dedication to the hometown cause, they should be laid to rest after Asia’s largest listed trust bested four other bidders to clinch a Kowloon East commercial site for HK$766 million ($97. Hong Kong developer Wang On Properties has taken over an aging residential building in Southern District’s Ap Lei Chau for about HK$106 million ($13. More than 150 industry professionals have secured their spot at the #MingtiandiHongKongForum2023. Heitman exited a self-storage joint venture in Singapore with the sale of Mandarin Self Storage to Warburg Pincus-backed StorHub late last year for an estimated S$230 million ($172. Knight Frank has named former Le Mans driver and motorsport veteran Ho-Pin Tung as head of its newly established private office division in Hong Kong, according to an announcement. Asia Real Estate People in the News 2023-12-11. At the event sponsored by Yardi, attendees. Panel: Logistics Investment in Asia’s Emerging Markets MTD TV Asia Logistics Forum 2023. 1 billion ($2. Some 200 industry executives joined Mingtiandi’s Hong Kong Focus Forum on Tuesday, as leaders of the region’s biggest developers, fund managers and investment institutions took a closer look at the real estate market in the city and across the region. For payment via bank transfer, please contact customerservice@mingtiandi. Mingtiandi Hong Kong Forum 2024; Mingtiandi APAC Logistics Forum 2024; Mingtiandi Singapore Forum 2024;. The developer said that it was disposing of its 50 percent stake in Telford Plaza II, as well as its 21 percent share in Popcorn 2, to the. A defaulting mainland China developer leads Mingtiandi’s first roundup of personnel moves for December with CIFI Holdings announcing that it has lost its CEO. 47 at the end of last year. Following the success of Mingtiandi’s North Asia-focused Hong Kong Forum, which attracted more than 200 senior industry executives in June, the Singapore Forum will concentrate on opportunities and strategies for Southeast Asia and is expected to bring in more than 220 attendees from around the region. Mingtiandi 2023 Event Calendar; Mingtiandi APAC Residential Forum 2023; Mingtiandi Asia Logistics Forum 2023; Mingtiandi Hong Kong Focus Forum 2023Link REIT Grows Revenue 11. 2023/12/11 by Michael Cole Leave a Comment. 2023/08/15 by Beatrice Laforga Leave a Comment. PAG Chairman Shan Weijian to Headline Mingtiandi Hong Kong Forum on 27 June. Hong Kong’s Lands Department has awarded Sun Hung Kai Properties (SHKP) a site in Kowloon’s Mong Kok area at a price of HK$4. Asia’s top gathering of logistics real estate leaders is back for 2022, with the Mingtiandi Asia Logistics Forum scheduled for May on MTD TV. Markets repricing the quickest, and hence looking like better value, will attract investments in the first half of 2023 while the others may have to wait longer for the investors to return. Office leasing in Hong Kong rebounded in the third quarter, with tenants leasing more space than they vacated during the period, thanks in part to tenants shifting to the Quarry Bay area and continuing demand from flexible workspace operators, according to Cushman & Wakefield. The transit operator said in a statement on Monday that it. 2023/12/11 by Michael Cole Leave a Comment. Mingtiandi Hong Kong Forum 2024; Mingtiandi APAC Logistics Forum 2024; Mingtiandi Singapore Forum 2024; Mingtiandi APAC Data Centre Forum 2024; More Events; MTD TV; People. Tickets to the event are available via the Register link below while supplies last. Inquiries from Mingtiandi to Yuexiu and Evergrande attempting to verify the transaction reports went unanswered at the time of publication. In declaring its results Wednesday. 6 billion ($680 million to $1. Mining Equipment&NewsMingtiandi - Asia real estate intelligence #MingtiandiHongKongForum2023 gathered nearly 200 investment professionals on-site and over 900 more tuning in on. ESR has agreed to sell a 30 percent stake in its Kwai Chung Cold Storage Logistics Centre project in Hong Kong to an unnamed “strategic investor” from mainland China. A mainlander leased a five-bedroom house at King’s Court on The Peak for HK$210,000 a month. CITIC Pacific Wins Residential Site in Hong Kong’s Kwai Chung for $140M. Tuesday, November 28, 2023. The forum, which is expected to attract 250 guests, will be the largest gathering of institutional real estate investors in Hong Kong since 2019, and will also feature speakers from Blackstone, Link REIT, Warburg Pincus and PAG. 8 million), according to an announcement to the Hong Kong stock exchange on Sunday. 3 billion in debt from 2020 through 2022, has sold the 23rd floor of Bank of America Tower for HK$305. Asia Real Estate People in the News 2023-11-20. All prices are in Hong Kong Dollars. Capital Markets; Events. RMB 7. Returning to the Lion…. By the end of 2023, Tay expects gross effective rents for Grade A offices in Singapore’s central business district to stay level or potentially slide by as no more than 1 percent from the S$11. Hong Kong to say goodbye to 2023 in style with biggest-ever countdown fireworks. Investors have already reacted to this transformation of China’s housing market, with. Real estate accounted for 13 percent of GIC’s overall portfolio by the end of its fiscal year on 31 March as the Singapore sovereign fund boosted its allocation to the asset class by three percentage points from a year earlier following a set of overseas REIT privatisations and other property investments. 6 billion purchase of the Goldin Financial Global Centre in a January distressed deal, and Schroders’. 2023/10/10 by Platform Sponsor Leave a Comment. Industry Moves;. 9B in Q2. 6 billion in 2032, according to a recent study. 3M is said to be paying monthly rent of HK$688,050 ($87,709) per month for its new accommodation. Email:The long-awaited listing of Shui On Land’s Xintiandi unit has faltered at the final hurdle, with the Shanghai-based developer scrapping — for now — the Hong Kong IPO of an ownership vehicle for the group’s mainland commercial properties. Leave a Reply. 7 percent on November 25. HK Home Prices Could Nosedive 30% Through 2023: Goldman Sachs. Creditors Close in on Sale of Evergrande Founder’s Seized $112M Hong Kong Mansion. Kailong Buying New Territories Industrial Building From Tang Family for Reported $55M. Following a quiet third quarter, Singapore’s commercial real estate sector has seen a. 6 billion ($713 million), confirming a Mingtiandi report from last month. At the event, Mingtiandi will announce the results of its second 2020 Asia Proptech Survey. 6 billion ($713 million), confirming a Mingtiandi report from last month. In a keynote interview Tuesday at Mingtiandi’s Hong Kong Focus Forum, PAG co-founder and chairman Weijian Shan held the house rapt with his tale of helping lead the only takeover of a mainland Chinese bank by a foreign company. Hong Kong will face a shortage of over 60,000 residences for the elderly by 2032 as the city’s population rapidly ages, before eventually becoming the world’s oldest society by 2050, according to JLL. China Evergrande Group is marketing its Hong Kong headquarters at a valuation of around HK$9 billion ($1. China’s sovereign fund leads Mingtiandi’s review of personnel moves from around Asia this week with news that CIC’s head of infrastructure has resigned from the Beijing-based organisation. Mingtiandi Hong Kong Forum 2024; Mingtiandi APAC Logistics Forum 2024; Mingtiandi Singapore Forum 2024; Mingtiandi APAC Data Centre Forum 2024; Mingtiandi Japan VIP Conference 2024; More Events; MTD TV; People. in income-producing properties in Asia Pacific fell 40 percent year-on-year to $31. Now 51, Chng has been serving as the Singapore-listed conglomerate’s deputy chief financial officer since March of this year, after first joining the group in 2016 as general manager of risk and compliance. Mingtiandi 2023 Event Calendar; Mingtiandi APAC Residential Forum 2023; Mingtiandi Asia Logistics Forum 2023; Mingtiandi Hong Kong Focus Forum 2023Mainland Developer Ronshine Defaults on $316M Offshore Bond. Noting that some of its largest overseas. Hong Kong Faces Shortage of 60,000 Residences for Elderly by 2032: JLL. 6 billion. 2023/06/28 by Christopher Caillavet Leave a Comment. The Mingtiandi Singapore Focus Forum 2022 will bring market leaders face-to-face for a full-day of discussions in Singapore of the opportunities and challenges facing investors in the city-state’s real estate markets. In a joint announcement the two companies called their new effort the “largest-ever. 2 percent interest in Banyan Tree Assets (China) Holdings JV, which owns the JV’s mainland hotels, for RMB 30 million ($4. The property, 11-27 Tavistock Place, is a former power substation in Melbourne’s central business district. With the event set to start at 9:00 AM next Tuesday at the Sheraton Hotel. 7 million) in Sai Ying Pun, according to an announcement from the city’s Urban Renewal Authority. Read more>> Hanwha Life to Boost Overseas Real Estate Investment via. 5 million) for a majority stake in a Hong Kong-listed senior care provider as the company prepares to expand into healthcare and. 2 million), officially ending a partnership set up in 2017. Mingtiandi Hong Kong Forum 2024 On-Location Event 2023/11/23 by Danita Phaopat Leave a Comment Having welcomed nearly 200 industry professionals at our inaugural Hong Kong Forum in 2023, Mingtiandi returns in 2024 to once again bring together top experts for a full day exploration of the opportunities and challenges in. Panel: Life Science and Core Office Investment in APAC MTD TV Office Strategies Forum 2023. @2023 - All Right Reserved . 1 billion ($140 million), according to land Registry documents and sales records posted by the project’s. Country Garden Holdings has agreed to sell an unfinished housing project near Melbourne, Australia to Singapore’s Frasers Property, market sources have confirmed to Mingtiandi, with the asset sale emerging during the same week that China’s largest developer formally defaulted on…. Our #MingtiandiHongKongForum2023on 27 June is set to launch the full-day event with a keynote panel which will bring together top players for an overview of Greater China’s. 2023/11/22 by Beatrice Laforga Leave a Comment. 8 billion this week, the company said. Tung, who completed a joint Kellogg-HKUST Business School executive MBA last year, joins the property consultancy this month while continuing to work as a. Mingtiandi Hong Kong Forum 2024; Mingtiandi APAC Logistics Forum 2024; Mingtiandi Singapore Forum 2024; Mingtiandi APAC Data Centre Forum 2024; Mingtiandi Japan VIP Conference 2024. The acquisition comes more than seven months after Singapore-based Mapletree. Read more>> Former China Life Chairman Given Death Penalty With. Don Taylor, director of the office division at Swire Properties, will join a panel discussion on Hong Kong commercial hubs at the Mingtiandi Hong Kong Focus Forum on 27 June. Industry Moves; MTD TV Speakers; Logistics; Data Centres; Asia Outbound; Retail; Research & Policy; Advertise; Login to your account. Tickets to the event are available via the Register link below while supplies last. Should the transaction take place, it would be the largest sale of a single real estate asset in Hong Kong since CK Asset sold the Center on Queen’s Road in Central to a local consortium for HK$40. JD. 2 million), Mingtiandi has. List Stretches On. Following presentation of the survey results, Mingtiandi founder Michael Cole will lead a discussion with Christoph Schumacher of Manulife and Stuart Mercier of Brookfield on how two of the world’s largest real estate investors are incorporating sustainable practices into their strategies and what goals they. 2 billion in 2022 to US$86.