ULI Asia Pacific

UL Interview: Vincent Lo, Chairman of Shui On Land, on Addressing COVID-19

Kenneth Rhee, executive director of ULI China Mainland, spoke with ULI leader Vincent Lo, chairman of Shui On Land, about his thoughts on the near-term impact of COVID-19 on China’s real estate market and how the urban environment and real estate industry will change.

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Hong Kong Adopts Two-Envelope Tendering for Prime Waterfront Site

The Hong Kong government’s recent decision to embrace a new tendering process for the sale of a prime parcel of waterfront land adjoining the Central business district marks a welcome departure from longstanding policy. In the past, such tenders were invariably awarded to the highest bidder without regard to the quality of the proposed development. Now, however, use of a “two-envelope” approach to sell the plot, known as Site 3, means that design also becomes part of the equation.

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Private-Equity Investors Focused on Data Centers, Logistics Sector in South Korea

Niche strategies and development are high on the agenda for investors looking to hit their return targets in South Korea. A group of private-equity real estate managers gathered at the ULI South Korea Annual Conference, held in Seoul in January to discuss capital markets in Korea and further afield.

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