Leading today’s set of real estate headlines from around the region, Singapore’s UOL announced an 85 percent drop in net profit after a recent consolidation, plus the fugitive boss of one of Hong Kong’s largest developers is still free to… Read More>>
Defaulting HNA Unit Offers Investors Air Tickets and More Asia Real Estate Headlines
Investors in a finance unit of China’s troubled HNA may be hoping that the company manages its planes better than it has their money, after the defaulting finance provider began offering them airplane tickets in lieu of principal and interest…. Read More>>
CapitaLand Buys Guangzhou Project for RMB 882M and More Asia Real Estate Headlines
Singapore’s CapitaLand dominates the region’s real estate headlines today with news of its acquisition of a site in Guangzhou, being released on the same day that the developer confirmed a joint venture with GIC for an acquisition in Shanghai. Elsewhere… Read More>>
Asia Real Estate People in the News 2018-11-12
Top executives and board members of some of the region’s biggest property developers and investors are on the move as one of 2018’s biggest sellers of assets seems to have now disposed of the CEO of its key Hong Kong… Read More>>
Survey Shows 22% of Mainland Homes Unoccupied and More Asia Real Estate Headlines
At the top of today’s real estate news from around the region, while China’s leaders seem determined to stamp out housing speculation, that sentiment seems to have had little impact on the country’s world-leading supply of empty homes. Further south,… Read More>>
Grosvenor Appoints Sing Cheong Liu as APAC Chairman, Replacing Keith Kerr
Grosvenor Group today announced the appointment of Sing Cheong Liu as non-executive chairman of the UK-based developer’s Asia Pacific board, replacing Keith Kerr.
62-year-old Liu, a veteran chartered surveyor who also served as the founding chairman of the Royal Institute… Read More>>
WeWork Opening in Manila, HCMC and More Asia Real Estate Headlines
Flexible office phenomenon WeWork hits the headlines again today as the co-working pioneer announces impending openings in a pair of new Southeast Asian markets – the Philippines and Vietnam. Also in the news, Chinese gadget maker Xiaomi has decided to… Read More>>
Henderson, New World, Wheelock and Empire Win Kai Tak Site for HK$8.33B
A four company consortium featuring some of Hong Kong’s biggest developers was announced as the winner of a government tender for a residential site in the city’s Kai Tak area today, picking up the prime plot at what could be… Read More>>
Swire Reaches 100% Occupancy at One Taikoo Place in Hong Kong
Hong Kong’s commercial centre of gravity may have just shifted a few MTR stops eastward as Swire Properties announced today that its latest office tower in Quarry Bay, One Taikoo Place, has now reached 100 percent occupancy.
Swire revealed that… Read More>>
Office Rents Set to Slide in Hong Kong’s Central and More Asia Real Estate Headlines
The downdraft slowing Hong Kong’s home sales may have finally reached the city’s famously expensive office market as one of the leading property consultancies is now predicting a drop off in office prices in Central in 2019. Also making news… Read More>>
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