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Iris Hong

Vito Xu Sasseur

China Approves First IPOs Under Commercial REIT Regime as Pipeline Hits $8.7B

2026/04/29 by Iris Hong Leave a Comment

China’s securities regulator has approved the first IPOs under new rules which allow REITs backed by commercial properties, the opening wave of a deal pipeline that has swelled to more than RMB 60 billion ($8.7 billion) in the four months… Read More>>

Karl Chan of JP Morgan

JPMorgan Predicts Shanghai Rebound as Mainland Housing Crisis Seen Ebbing

2026/04/27 by Iris Hong Leave a Comment

JPMorgan Chase & Co expects home prices in China’s four largest cities to stabilise in 2026, with Shanghai set to lead gains as the secondary market shows early signs of recovery.

Second-hand prices across Beijing, Shanghai, Guangzhou and Shenzhen rose… Read More>>

Sebastian Paredes DBS

DBS Buying Hong Kong Office Floors From Shimao Founder Hui Wing Mau for $334M

2026/04/15 by Iris Hong Leave a Comment

Hong Kong’s struggling commercial property market continues to offer cut-rate deals for companies ready to buy their own office space, with Singapore’s DBS Bank is set to acquire an additional six floors in The Center on Queen’s Road for around… Read More>>

299 QRC

Office Block on Hong Kong’s Queen’s Road Sold by Receivers at 71% Off

2026/04/09 by Iris Hong Leave a Comment

A Hong Kong family has picked up an office building at the western fringe of the city’s busiest commercial district for 71 percent off its 2018 price as banks offload cut-rate properties from the balance sheets.

A company controlled by… Read More>>

henry cheng new World

Hong Kong’s New World Balks at Chance to Buy Prized Causeway Bay Site

2026/04/03 by Iris Hong Leave a Comment

Cash-strapped New World Development has deferred an opportunity to secure the final piece in one of the largest redevelopment opportunities in Hong Kong’s Causeway Bay commercial hub after failing to show up for a court-ordered property auction on Thursday. 

The… Read More>>

William Wei Huang GDS

Asset Sales Lift China Data Centre Giant GDS Despite Operating Losses

2026/03/18 by Iris Hong, Michael Cole Leave a Comment

GDS Holdings reported net income of RMB 959.4 million ($139 million) in 2025, recording positive results for the first time since its 2016 NASDAQ listing, thanks to a series of asset monetisations, according to results released by the Mainland data… Read More>>

Swire Properties chief executive officer Tim Blackburn

Swire Properties Reports $196M 2025 Loss on Falling Office Values

2026/03/15 by Iris Hong Leave a Comment

Swire Properties reported an attributable loss of HK$1.53 billion ($196 million) for 2025, doubling from a year-earlier loss of HK$766 million, as property writedowns on its home city’s office market overshadowed a mainland China retail business that now generates more… Read More>>

Lai Wing-To Hong Kong

Hong Kong Tycoon Sells Central Entertainment District Building at Nearly Half-Off

2026/03/06 by Iris Hong Leave a Comment

A Hong Kong investor whose property portfolio was once estimated to be worth HK$15 billion (US$1.9 billion) is disposing of a building in Central district’s Soho nightlife area at nearly half off his 2024 asking price.

Known colloquially as the… Read More>>

Platinum Shanghai

CalPERS-Backed Fund Sells Office Tower Near Shanghai’s Xintiandi at 43% Off

2026/03/05 by Iris Hong Leave a Comment

One of Shanghai’s most-traded office buildings has changed hands again, with a fund managed by industrial specialist ESR parting with the prime office tower next to the Xintiandi entertainment complex at a discount of more than 40 percent from its… Read More>>

Goh Yeow Lian, executive chairman and managing director of Wee Hur.

Singapore’s Wee Hur Returns to Profit With Boost From Construction and Development

2026/03/02 by Iris Hong Leave a Comment

Singapore developer and fund manager Wee Hur Holdings achieved a net profit of S$29.7 million ($23.4 million) in the second half of 2025, after recording a loss of S$12.5 million a year earlier, as it m0re than doubled its construction… Read More>>

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