After working since 2007 to acquire a site in Causeway Bay, Hong Kong-listed Soundwill Holdings has asked Hong Kong’s Lands Tribunal to lower the price for acquiring the remaining space in the property, as a slowing real estate market and... Read More>> The post Hong Kong Developer Pushes to Revalue Causeway Bay Project as Site Demand Slides appeared first on Mingtiandi ..read more

In a first for Mingtiandi’s Hong Kong Focus Forum, a panel of experts will discuss how changes in society and the economy are reshaping demand in the hospitality and living sectors of Greater China, Japan and South Korea. The session... Read More>> The post AB Capital, Alyssa, Greystar, Frasers to Talk Lodging and Living at Hong Kong Forum appeared first on Mingtiandi ..read more

Ichigo Office REIT has announced the sale of two ageing buildings to undisclosed buyers for a total of JPY 4.5 billion ($29 million), with the Tokyo-listed trust set to reap JPY 1.3 billion in gains from the disposals. The REIT,... Read More>> The post Ichigo Office REIT Selling Greater Tokyo Buildings as Earnings View Brightens appeared first on Mingtiandi ..read more

South Korea’s IGIS Asset Management leads Mingtiandi’s headline roundup today as it agrees to buy bad loans linked to construction firm Taeyoung E&C in a debt workout plan. Also making the list, mainland new home prices squeak out a monthly... Read More>> The post Korea’s IGIS Gives Boost to Taeyoung E&C Restructuring and More Asia Real Estate Headlines appeared first on Mingtiandi ..read more

A pair of aging buildings in Hong Kong’s Tsim Sha Tsui area have been seized from the family of the city’s late “Shop King” Tang Shing-bor and are being offered for sale at less than half of what the clan... Read More>> The post Receivers Marketing Seized Kowloon Buildings at 59% Off as Banks Lose Patience appeared first on Mingtiandi ..read more

Financial services giant Aon has agreed to sell Cleveland-based real estate private equity firm Townsend Group to an investment manager based in the same city, as property strategies continue to struggle for traction. Ohio’s Riverside Group, a private equity firm... Read More>> The post Aon Selling Townsend Group to US PE Firm Riverside as Property Strategies Struggle appeared first on Mingtiandi ..read more

Tenants in Hong Kong’s Grade A office market took up 137,000 square feet (12,728 square metres) more than they gave back in March, with leasing demand driven by occupiers realising pre-commitments at newly completed projects, according to JLL. The citywide... Read More>> The post Project Completions Boost Hong Kong Office Leasing Deals as Vacancy Hits 13.1% appeared first on Mingtiandi ..read more

The ongoing challenges facing China Vanke lead Mingtiandi’s May Day collection of real estate headlines as the mainland giant tries to reassure investors of its path to profitability. Also in the news, negative equity mortgage hit a 20-year high in... Read More>> The post China Vanke to Exit Non-Core Ventures and More Asia Real Estate Headlines appeared first on Mingtiandi ..read more

As analysts warn of a “lost decade” in Chinese office markets, state-backed developer Shanghai Lujiazui Development Group Co Ltd, better known as Lujiazui Group, is scrambling to sell about 20 Shanghai office towers estimated to be valued at RMB 30... Read More>> The post State-Backed Lujiazui Group Marketing $4.1B in Shanghai Office Towers as Crisis Deepens appeared first on Mingtiandi ..read more

Blackstone has acquired a south Sydney industrial complex from Charter Hall for A$55.75 million ($39.4 million), according to sources familiar with the transaction, as Australia’s logistics real estate market continues to show opportunities for rising income. Colliers and CBRE, which... Read More>> The post Blackstone Buys Sydney Logistics Complex From Charter Hall for $39M  appeared first on Mingtiandi ..read more