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HKMA: HK Commercial Real Estate Still Facing Challenges

Eddie Yue, Chief Executive at the Hong Kong Monetary Authority, says the city's residential property market has stabilized, while the commercial real estate scene is still facing some challenges.

Eddie Yue, Chief Executive at the Hong Kong Monetary Authority, says the city's residential property market has stabilized, while the commercial real estate scene is still facing some challenges. He speaks with David Ingles and Yvonne Man on the sidelines of the Global Financial Leaders’ Investment Summit in Hong Kong. (Source: Bloomberg)
Bloomberg MarketsNov 4, 1:36 AM
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Schroders CEO: Working Through HK Property Challenges

Richard Oldfield, Group Chief Executive at Schroders, says the company is working through market challenges in Hong Kong's commercial real estate.

Richard Oldfield, Group Chief Executive at Schroders, says the company is working through market challenges in Hong Kong's commercial real estate. He speaks with David Ingles and Yvonne Man on the sidelines of the Global Financial Leaders’ Investment Summit in Hong Kong. (Source: Bloomberg)
Bloomberg MarketsNov 4, 1:35 AM
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Starbucks to sell control of China business to private equity. Here’s how much the stake is worth.

Starbucks to sell control of China business to private equity. Here’s how much the stake is worth.

The U.S. coffee-shop chain is forming a joint venture with Boyu Capital, with Boyu holding 60% interest in the company’s retail operations in China. Starbucks will retain the other 40% and continue to own and license the Starbucks brand and intellectual property in the new entity.
MarketWatch - Top StoriesNov 3, 10:48 PM
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Singapore’s CapitaLand and Mapletree Mull Merger, DJ Reports

Two Singapore property asset managers are mulling a merger that could create one of Asia’s largest real estate firms with more than $150 billion under management, Dow Jones reported on Monday.

Two Singapore property asset managers are mulling a merger that could create one of Asia’s largest real estate firms with more than $150 billion under management, Dow Jones reported on Monday.
Bloomberg MarketsNov 3, 3:22 AM
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Serbia Seeks to Fast-Track Trump Hotel Project Backed by Kushner

Serbian President Aleksandar Vucic’s governing party drafted a special law to push through a real estate project, championed by Jared Kushner, Donald Trump’s son-in-law, on a historic site.

Serbian President Aleksandar Vucic’s governing party drafted a special law to push through a real estate project, championed by Jared Kushner, Donald Trump’s son-in-law, on a historic site.
Bloomberg PoliticsNov 2, 9:06 PM
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Rithm Capital CEO on NYC Mayoral Race, CRE Investments

Michael Nierenberg, Rithm Capital CEO, says there are “a lot of concerns” around Mamdani.

Michael Nierenberg, Rithm Capital CEO, says there are “a lot of concerns” around Mamdani. He tells Katie Greifeld and Romaine Bostick on “The Close” that while Rithm doesn’t own any rent-stabilized housing, that sector would likely come under pressure if Mamdani wins the election. (Source: Bloomberg)
Bloomberg MarketsOct 31, 10:27 PM
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'Lot of Concerns' Around Mamdani for NYC Commercial Real Estate, Rithm CEO Says

Michael Nierenberg, CEO of Rithm Capital, says he has concerns around NYC mayoral frontrunner Zohran Mamdani's policies.

Michael Nierenberg, CEO of Rithm Capital, says he has concerns around NYC mayoral frontrunner Zohran Mamdani's policies. Nierenberg also says he feels confident in Rithm's office space portfolio, no matter who becomes mayor of the city. (Source: Bloomberg)
Bloomberg MarketsOct 31, 8:41 PM