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Kevin He

Guy Bradley of Swire Properties

Swire Properties Profit Plunges 67% on Markdowns Despite Retail Rebound

2024/03/14 by Kevin He Leave a Comment

Swire Properties reported an attributable net profit of HK$2.6 billion in 2023, marking a 67 percent decline from a year prior as a HK$4.4 billion fair value loss on investment properties dented the Hong Kong-listed developer’s bottom line, according to… Read More>>

Henry Bott Swire

Swire Denies Attempting to Sell Miami Project as Market Slides

2024/03/13 by Kevin He Leave a Comment

Ten months after starting to clear the site for an office development which is planned to be Miami’s tallest skyscraper upon completion, Swire Properties has shopped the project to potential buyers, according to a Wall Street Journal report this week,… Read More>>

William Huang GDS

China’s GDS Confirms Talks to Raise Cash for International Data Centre Expansion

2024/03/13 by Kevin He Leave a Comment

Three years after announcing plans to expand beyond its home market of mainland China, data centre developer and operator GDS Holdings has confirmed that it has held discussions with private equity investors regarding a potential capital raise for its international… Read More>>

Selena Shi, LaSalle

LaSalle, Savills, CPE Funds to Explore China Rental Residential Boom on MTD TV

2024/03/12 by Kevin He Leave a Comment

With global investors committing more cash to rental housing projects in mainland China, viewers of Mingtiandi’s upcoming Multi-Family Investment in China Panel will hear perspectives from panelists including Selena Shi, managing director of acquisitions and RMB Fund at LaSalle Investment… Read More>>

xiaolan-metro-mall-5

SGX-Listed Dasin Retail Trust Pursued by Former Directors on Allegations of Unpaid Debts

2024/03/08 by Kevin He Leave a Comment

The manager of mainland mall REIT Dasin Retail Trust has received a sixth debt collection notice in five weeks from former officers of the company or their associates as its erstwhile management joins bondholders in pursuing repayment from the manager… Read More>>

Laurent Kleitman, chief executive of Mandarin Oriental Hotel Group

Mandarin Oriental Launching Causeway Bay Project into Hong Kong Office Headwinds

2024/03/07 by Kevin He Leave a Comment

More than five years after announcing a $650 million plan to redevelop the former Excelsior Hotel into a commercial project set to ride a boom in demand, Hong Kong’s Mandarin Oriental Hotel Group recently announced preparations to begin leasing the… Read More>>

BDx CEO Mayank Srivastava

BDx Acquires Singapore Data Centre From Hwa Hong for $104M

2024/03/05 by Kevin He Leave a Comment

An entity linked to Singapore-based data centre developer and operator BDx has acquired an industrial building that houses the company’s sole data centre in the city-state from Hwa Hong Corp for an estimated S$140 million ($104 million).

After operating a… Read More>>

Eric Chu Nap Kee

Hong Kong’s Eric Chu Nap-Kee to Stand Trial in $12B Vietnam Corruption Case

2024/03/04 by Kevin He Leave a Comment

Hong Kong investor Eric Chu Nap-kee saw the $819 million sale of his Nexxus Building in the city’s Central district rank as Asia Pacific’s second-biggest real estate asset sale of 2023, but he will struggle to enjoy that victory as… Read More>>

adrain cheng nwd

Hong Kong’s New World Selling New Territories Mall to Chinachem for $514M

2024/03/01 by Kevin He Leave a Comment

New World Development is selling a shopping centre in Hong Kong’s Tsuen Wan area to Chinachem Group at a one-third discount from its reported asking price, as the Hong Kong-listed builder continues to pare its investment portfolio as part of… Read More>>

Evergrande Real Estate Group Chairman of the Board Hui Ka-yan attends Evergrande Real Estate result announcement at the JW Marriott in Admiralty. 29MAR16 SCMP/ Nora Tam

$64M Hong Kong Mansion Marketed by Receivers as Evergrande Liquidation Continues

2024/03/01 by Kevin He Leave a Comment

A second Hong Kong mansion linked to China Evergrande Group’s fallen chairman Xu Jiayin has been put up for sale after being seized by receivers, as creditors liquidate assets in the wind-up of what was once China’s largest developer.

Receivers… Read More>>

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