7 million) bid. The transit operator said in a statement on Monday that it. Panel: Logistics Investment in Asia’s Emerging Markets MTD TV Asia Logistics Forum 2023. 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;. 27 billion) project in northern Lantau island without finding a buyer after the three bids received for the commercial and residential site fell short of the government-backed transport firm’s expectations. The leading Hong Kong landlords already working with WiredScore include Swire Properties, Henderson Land Group, Nan Fung Group and Sun Hung Kai Properties, plus a joint venture between Sino. Swire Properties Buys 40% Stake in Bangkok Residential Site From HKRI for $73M. A joint venture between US private equity giant Blackstone and Hong Kong-based self-storage operator StoreFriendly has acquired an industrial building in Hong Kong’s New Territories for approximately HK$560 million ($72 million), with plans to convert the Tsuen Wan property into a self-storage facility, sources familiar with the transaction. 9 billion compared with the previous year. Wanda chairman Wang Jianlin has been doing some heavy negotiating. . 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. The full-day event features 8 sessions and more than 30 speakers including senior executives from and many more. Two of Hong Kong’s largest property agencies have either cut headcount or seen staff members leave amid a slump in commercial property transactions. The Mingtiandi APAC Data Centre Forum 2023 concludes with an exclusive interview with Singapore-based data centre operator Empyrion DC and their partner, Seraya Partners on building greener data infrastructure. 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. 8 million in 2021, and last year signed a memorandum of understanding with CLP Power to cooperate on green initiatives for data centres and logistics projects in Hong Kong and China’s Greater Bay Area. 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. The One Holland Village site next to Holland Village MRT station was acquired in 2018 by a joint venture of Far East Organization, Hong Kong-based sister company Sino Group and Japan’s Sekisui House for S$1. Agenda and tickets are available here. In addition to the on-location events, MTD TV’s full programme will be back in 2023 , with online forums on rental residential, logistics, data centres and. During the one-hour interview at 10:00 am Hong Kong time on 30 March, the head of the HK$199 billion ($25. Industry Moves;. A mainlander leased a five-bedroom house at King’s Court on The Peak for HK$210,000 a month. 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. Champion REIT’s Three Garden Road, where Citi added office space in Q2. Hong Kong’s luxury residential rents saw modest signs of a rally in the second quarter as the fifth wave of COVID-19 receded and tenants from mainland China drove the city’s high-end. Hong Kong’s office market awaits open borders. Far East Orchard Net Profit Jumps 68% as Hospitality Recovers Singapore-listed real estate firm Far East Orchard posted a 67. 9 million ($62. 2023/05/18 by Christopher Caillavet Leave a Comment. The government reference price is RMB 69,000 per square. 8 million square foot (172,819. 2023/07/28 by Michael Cole Leave a Comment. WiredScore’s recent launch in Hong Kong offers a significant opportunity for the city’s buildings to become smarter and better connected. More Industry Professionals>> People in the NewsMingtiandi Hong Kong Forum 2024; Mingtiandi APAC Logistics Forum 2024; Mingtiandi Singapore Forum 2024; Mingtiandi APAC Data Centre Forum 2024; Mingtiandi Japan VIP Conference 2024. Research & Policy; Advertise; Asia Real Estate People in the News 2023-05-01. Chinese investment banks and securities firms eyeing business from stock listings will replace multinational companies that are reducing their footprint, said Goodwin Gaw, chairman of the Hong Kong-based private equity firm that has about $36 billion in assets under management. 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. 2023/12/10 by. Gaw Capital Unveils Indonesian Data Centre Project, STT GDC Enters Malaysia. 10:00 AM – 11:00 AM HKT. 3 billion. Hong Kong Up Next. in income-producing properties in Asia Pacific fell 40 percent year-on-year to $31. 8 million), according to an announcement to the Hong Kong stock exchange on Sunday. 2023/02/27 by Danita Phaopat Leave a Comment. 29 billion) emergency cash call. “Our vision is for Site 3 to become a new landmark for Hong Kong. . 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;. Hong Kong is ready to host its biggest institutional real estate event since 2019 as Mingtiandi welcomes Asia’s top property executives to its first forum in the city in nearly four years. Despite this fall in prices, UBS said that imbalances in the city’s property market have declined only slightly and Hong. 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. 9 billion ($290 million). Hong Kong is also on the agenda in the coming year, as Mingtiandi returns to the SAR for its first event since 2019, with a forum focusing on top sectors in the city and mainland China. 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. For 2024, Mingtiandi is proud to present a series of online forums, bringing together thought leaders from around the region to discuss trends affecting sectors including residential, logistics and data centres in Asia Pacific as well as three on-location gatherings of senior leaders in Hong Kong, Singapore and Tokyo. 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. Asia’s top gathering of logistics real estate leaders is back for 2023, with the Mingtiandi Asia Logistics Forum scheduled for May on MTD TV. Kailong Buying New Territories Industrial Building From Tang Family for Reported $55M. While the US, Europe and the rest of Asia Pacific saw investment. 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. com Upload, livestream, and create your own videos, all in. 4 million), as Asian investors continue to do their high-end shopping in the UK. Date: 27 June 2023 Venue: Sheraton Hong Kong Hotel & Towers Secure your tickets for the exclusive conversation: #APAC #HongKong #RealEstate #MingtiandiHongKongForum2023 2Mingtiandi 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. Hong Kong’s Link REIT recorded year-on-year revenue growth of 11. For payment via bank transfer, please contact customerservice@mingtiandi. A deal with ICBC could keep the lights on at Cheung Kong Center II (CK Asset) After contracting by more than 420,000 square feet (39,000 square metres) in the first half of 2023, Hong Kong’s office market. 6 percent in the first half as pent-up demand was unleashed and new supply increased. Bookmark Saudi Arabia’s FoFs Jada Backs eWTP Arabia Capital’s. One of Hong Kong’s best-known developers, Swire Properties has grown its office. contact: opportunities@mingtiandi. 6 million) for the first. 19 per square foot per month average at the end of 2022. In today’s roundup of regional news headlines, GLP beefs up its flagship Japan logistics fund with new capital commitments, and China Evergrande’s former CEO reportedly puts his Hong Kong home on the market. Asia Real Estate People in the News 2023-12-04. A defaulting mainland China developer leads Mingtiandi’s first roundup of personnel moves for. A tender for a residential project in Hong Kong Island’s Western district closed on Monday having drawn nine bids for the opportunity to build housing worth HK$2. Global office investment has plunged in 2023 to levels last seen during the Great Financial Crisis, yet select markets and strategies continue to thrive as fund managers find opportunities in shifting conditions. Mingtiandi Hong Kong Forum 2024; Mingtiandi APAC Logistics Forum 2024; Mingtiandi Singapore Forum 2024; Mingtiandi APAC Data Centre Forum 2024;. New-home prices rose on a monthly basis in 36 of the 70 large and mid-sized cities surveyed, compared to just 15 cities in December. Sherman Hung is Managing Director, Head of Large Corporate, for Institutional Banking Group of DBS Bank (Hong Kong). Landmark South, a 256,957 square foot (23,872 square metre) tower developed under a 60:40 joint venture with Empire Group,. The American investment bank, after. 8 billion) Hong Kong-listed giant, will explain Link REIT’s plans for growth and diversification after the trust expanded its management team in June and declared revenues of HK$11. More recently, JD Property bought a warehouse facility in China’s Hubei province from Singapore-based SC Capital Partners and Japanese developer Unified Industrial, as reported by Mingtiandi last August. Sherman possesses around 20 years of experience in investments and commercial. Guangzhou R&F Properties co-chairman Zhang Li has avoided jail time and will not see criminal charges after admitting to bribing a local official in order to secure approvals for a San Francisco mixed-use project. 2 billion ($282. 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;. Mingtiandi Hong Kong Forum 2024; Mingtiandi APAC Logistics Forum 2024; Mingtiandi Singapore Forum 2024; Mingtiandi APAC Data Centre Forum 2024;. Read More>> 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 Asia’s biggest financial hub. 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. Hong Kong’s Biggest Real Estate Event of 2023 Coming Up on 27 June. Revenue was flat at S$2. Asia Real Estate People in the News 2023-11-27. Also making the list are board level moves at Singapore’s CapitaLand Investment and commercial developer China…. Retail; Research & Policy; Advertise; BlackRock, Gaw Capital, TE Capital Join Mingtiandi Singapore Forum on Tuesday. OUE Commercial REIT saw its net property income surge by 18 percent year on year to reach S$56. 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. A new head of real estate at one of Canada’s largest pension fund managers leads Mingtiandi’s round. The real estate market may get a meaningful boost in late 2023 — but it will remain in a state of structural decline over the. 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…. Mingtiandi 2023 Event Calendar; Mingtiandi APAC Residential Forum 2023; Mingtiandi Asia Logistics Forum 2023; Mingtiandi Hong Kong Focus Forum 2023Mainland developer Fantasia Holdings Group informed the Hong Kong stock exchange on 3 August that Zhu Guogang has resigned from his position as an executive director. 7 billion in the second quarter of 2023, weighed down by China’s economic slump and a lack of big. Jeffrey Perlman is connecting real estate to the tech economy. 6 billion) trust will sit down for a talk with Mingtiandi founder Michael Cole, to cover not only how Link REIT enhances yield from its existing portfolio in Hong Kong and mainland China, but also how the trust manager is approaching its new. All three sessions will be held via Mingtiandi’s industry-leading MTD TV online video platform. Due to rising urban population, housing affordability concerns and supporting government policies, Greater China’s multi-family sector has the potential to grow into one of the largest globally. Funds Deliver a Jolt to Hong Kong’s Investment Market as Transactions Perk Up. Henderson Land Unveils Plan for Central’s Site 3 in Hong Kong. PAG executive chairman and co-founder Weijian Shan will appear in a spotlight interview at the Mingtiandi Hong Kong Focus Forum on 27 June. 2023/09/14 by Christopher Caillavet Leave a Comment. The gross floor area of the residential-cum-commercial site is 369,415. During last year the Dutch pension fund manager took a 20 percent stake it purchased in Hong Kong-based firm OneAsia after earlier investing for a 19. More than 150 industry professionals have secured their spot at the #MingtiandiHongKongForum2023. 99 billion ($380 million) profit in the six months ending September after reporting full-year losses for the last two years, with its top officials noting that Asia’s. Wednesday 20 September 2023, 10:00 AM – 10:45 AM HKT. 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. The bit barn is part of Goodman Tsuen Wan West precinct, a 1. The spotlight interview session brings together. Returning to the Lion City in 2024, Mingtiandi will bring together top limited and general partners in the region for discussions on the commercial, industrial and lodging sectors, as well as in-depth sessions on Singapore as a global capital hub and the future of the office. 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. Also making the list is a new CFO of Singapore’s Elite. The HKEX-listed developer, through its subsidiary Wealthy Guide Ltd, has been awarded the… Read More>>Capital Markets; Events. Leave a Reply. 2023/10/01 by Danita Phaopat Leave a Comment. GLP, Heitman, JLL and BEI Group See Opportunity in Hong Kong Industrial Upgrades. 1 million), as the Tang family sells its 20th major asset this year, according to Mingtiandi’s tally. News,Affiliation ,multipurpose site designed by success street. C&W Promotes Mandy Qian to Lead Greater China Business Development. 2023/09/01 by Christopher Caillavet Leave a Comment. 2023/11/08 by Kevin He Leave a Comment. Since its launch in 2022, Mingtiandi’s annual Singapore Forum has featured top executives from Warburg Pincus, Oxford Properties, Ivanhoé Cambridge, APG Asset Management and more, while gathering over 10,000 views from industry professionals around the world. Industry Moves;. 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. com on Thursday filed applications for Hong Kong initial public offerings (IPO) of its Jingdong Property and Jingdong. 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. The risk has definitely increased, especially when you are looking at a valuation report as of January 2023, you can pretty much. 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. 3 percent loss by the broader MSCI US REIT Index. Capital Markets; Events. 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 Asia’s biggest. Mingtiandi 2023 Event Calendar; Mingtiandi APAC Residential Forum 2023; Mingtiandi Asia Logistics Forum 2023; Mingtiandi Hong Kong Focus Forum 20232023/09/27 by Michael Cole Leave a Comment After a year-long streak of nearly endless contraction, Hong Kong’s office market crawled into positive territory last month in terms of net area leased, with tenants taking up 229,800 square feet (21,349 square metres) more than they gave up, thanks…Hong Kong’s MTR Corporation has ended a tender for a HK$10 billion ($1. Having welcomed nearly 200 industry professionals at our inaugural Hong Kong Forum in 2023, Mingtiandi returns in 2024 to once again bring together top. HOME FOR PARTICIPANT programme (2023) programme (2023) Expand Condense All Dates 05 Dec 2023 (Tue) 06 Dec 2023 (Wed) ALL Day 1 Day 2 05 Dec. com. Hong Kong Agency Midland Warns of Loss as Home Sales Near 27-Year Low. 2 billion in 2022 to US$86. January’s 0. A mainlander leased a five-bedroom house at King’s Court on The Peak for HK$210,000 a month. CapitaLand Investment Warns of Profit Drop for 2023 as Valuations Slide. Evergrande’s creditors have hired US restructuring. com ON-LOCATION EVENTS 2023 SINGAPORE FORUM •Keynote panel •Spotlight interview •Panel: Singapore Commercial Markets 2023 •Panel: Southeast Asia Industrial Outlook •Keynote interview 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 Asia’s biggest financial hub. Mainland real estate developer Gemdale. Industry Moves;. 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. Mingtiandi kicked off its first-ever Hong Kong Focus Forum on Tuesday with a keynote panel featuring four decision-makers in a discussion of Greater China’s macro outlook as rising borrowing costs throw up. Presentation: Findings of Property Innovation Study – 23 November. Mingtiandi 2023 Event Calendar; Mingtiandi APAC Residential Forum 2023; Mingtiandi Asia Logistics Forum 2023; Mingtiandi Hong Kong Focus Forum 2023The Center’s Buyers May Need To Borrow $4. 2 percent dip in December, according to Reuters calculations based on data released Thursday by the National Bureau of Statistics. Li Ning says it intends to set up its local headquarters in the 144,000 square foot (13,378 square metre. Keynote speech by Mr Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, at the International Chamber of Commerce - Hong Kong (ICCHK). 7 billion ($850 million) sale and purchase agreement would be terminated and that HG’s HK$250 million deposit would be forfeited, according. 2023/06/28 by Christopher Caillavet Leave a Comment. With the transaction, ESR will reduce its own stake in the…. The district will soon see more supply entering the market, however, with Biel Crystal now on track to begin developing a 720,000 square foot vertical retail and office building in the Kwun Tong area. . 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. Hong Kong’s Chevalier Buying London Office Building From BBC Trust for $62M 2022/02/22 by Christopher Caillavet Leave a Comment Hong Kong-listed Chevalier International Holdings has agreed to buy a City of London office building for £45. Since the event’s debut with our interview with ESR’s chairman Jeffrey Perlman back in 2020, the online discussion series has attracted more than 15,000 views, with the 2022 session having featured. 51 billion and US$5. The 1998-vintage Horae Plaza is due for an overhaul. 2023/10/03 by Michael Cole Leave a Comment. Often tipped to become Singapore’s next. 6 billion ($713 million), confirming a Mingtiandi report from last month. Hong Kong and Japan stood out as the fourth and fifth largest source of cross-border capital, spending US$6. In a joint announcement the two companies called their new effort the “largest-ever. Ronshine China Holdings has defaulted on yet another set of offshore notes with the Fuzhou-based builder announcing that it missed payment on the $316 million in notes to the Singapore stock exchange late on Friday. CapitaLand Ascendas REIT bought. “Increased space availability and the more attractive rental level in Hong Kong’s office market have created opportunities for occupiers to move into newer, greener buildings at a lower cost, but a broader rebound in demand will take root once the border with mainland China reopens”,. Hong Kong’s SHKP Wins Mong Kok Commercial Site for $602M. 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. Also making. 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. 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. 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.