In today’s roundup of regional news headlines, Alibaba Cloud announces plans to build its first data centre in the Philippines, China Evergrande’s shares take investors on a wild ride, and Hong Kong transit operator MTR tries to ease conflict-of-interest concerns… Read More>>
SF Holding Plans $786M HK Logistics REIT and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, China’s largest listed courier service looks to spin off several logistics assets to an offshore REIT, Vanke edges closer to a property management IPO that could happen at the end of this… Read More>>
Alibaba Unit Leases Most of ARA, Chelsfield SG Project and More Asia Real Estate Headlines
In this edition of Mingtiandi’s regional news roundup, Alibaba’s Lazada e-commerce unit leases an expanse of Singapore office space, China plugs loopholes exploited by buyers to load up on multiple properties, and Hyundai mulls a major design change for its… Read More>>
Alibaba Fund, Swire Invest in HK Logistics Startup and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, delivery platform Pickupp receives financing from venture funds tied to Alibaba and Swire, PropertyGuru snaps up a Malaysian property data firm, and a Japanese developer and its media company partner agree to buy… Read More>>
Taobao Helps Xiamen Tower Find Open Arms on Singles Day
China’s Singles Day shopping celebration concluded last week with a record $74 billion in deals recorded, including finding a new match for one of the country’s spinster real estate projects.
Thanks to Alibaba’s Taobao website, which is best known as… Read More>>
Blackstone Sets Terms for $1.5B India Buy and More Asia Real Estate Headlines
In the top drawer of today’s roundup of regional news headlines, private equity heavyweight Blackstone finalises the terms of its big asset buy in India, a prime office floor in Singapore’s Suntec City goes on the market, and Chinese e-commerce… Read More>>
Alibaba Buying Out China’s Sun Art Retail for $3.6B
E-commerce giant Alibaba continued to expand its offline retail empire today with a deal to take control of China’s largest hypermarket operator for HK$28 billion ($3.6 billion).
The Hangzhou-based company said in an announcement to the Hong Kong stock exchange… Read More>>
Cartier Closes Hong Kong Boutique Amid Luxury Slump and More Asia Real Estate Headlines
Hong Kong is back to work after last week’s holiday, but the city’s real estate market doesn’t seem to be able to catch a break with Tsim Sha Tsui losing its Cartier shop as retail woes continue.
In a crisis… Read More>>
Soho China Declares Blackstone Buyout Deal DOA and More Asia Real Estate Headlines
The coronavirus appears to have claimed another victim with Soho China declaring that its proposed deal with Blackstone to privatise the company had fallen apart as real estate markets struggle with shifts in valuation.
While that transaction… Read More>>
Alibaba Invests HK$1.86B in E-House to Launch Online Real Estate Platform
Internet giant Alibaba is making its latest attempt to port its e-commerce dominance into China’s real estate market as the Hangzhou-based firm ups its stake in one of the mainland’s largest real estate agencies.
E-House (China) Enterprise Holdings Limited (02048.HK),… Read More>>
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