The real estate unit of mainland e-commerce giant JD.com says it is teaming up with more than 200 Chinese property developers to offer homes at half their market value for the Singles’ Day online shopping festival coming up next month.
Despite the impact on Hong Kong’s hotel industry after months of escalating social unrest, a select number of players are doing some bargain hunting in the Asian financial hub.
Among the most active purchasers this year has been Payson Cha’s… Read More>>
CK Asset Holdings has sold a real estate project in the northeastern Chinese city of Dalian to Sunac China Holding for over RMB 4 billion ($560 million), according to an account by the Chinese business news site Caixin.
The sale… Read More>>
The chief executive officer of developer Frasers Property Singapore, will retire from the unit of Thai billionaire Charoen Sirivadhanabhakdi’s Frasers empire at the end of this year, according to an announcement to the Singapore stock exchange.
Christopher Tang, who will… Read More>>
Singapore’s sovereign wealth fund GIC has agreed to acquire four hotels along the west coast of the US for $249 million through a recently formed joint venture with Summit Hotel Properties, according to an announcement by the New York Stock… Read More>>
Grade A office rents in Hong Kong’s traditional business district experienced their largest quarterly drop in seven years according to a newly released report, as a slowing mainland China economy and ongoing protests dampened demand in the world’s priciest commercial… Read More>>
A four-star hotel in Hong Kong’s Tsim Sha Tsui district, which fell into receivership after its owner was tortured to death on the mainland has received an offer from an interested buyer, according to a report in the Hong Kong… Read More>>
The chief operating officer of Link Asset Management has resigned after nearly ten years with the manager of Hong Kong’s Link REIT, according to a company announcement.
Andy Cheung Lee-ming’s departure from the Link REIT was revealed in an release… Read More>>
Keppel Land China, the mainland property arm of Keppel Corporation, has agreed to acquire a completed commercial property in Shanghai’s Zhangjiang High Tech Park for RMB 493 million ($69.23 million), according to an announcement by the Singapore-listed developer on Friday.
Hong Kong-based developer Hang Lung Properties has teamed up with New York-based architecture firm Kohn Pedersen Fox (KPF) Associates to begin construction on Westlake 66, a 194,100 square metre commercial development in Hangzhou’s Xiacheng district.
The project, which broke ground… Read More>>