Hong Kong’s glamorous Gaws lead the region’s real estate news again today as sources confirm that a deal to back an HK$15 billion acquisition of a pair of Quarry Bay buildings is moving forward. JD.com makes another of its frequent… Read More>>
ESR Wins Approval for A$693M Aussie Takeover and More Asia Real Estate Headlines
Australia and Thailand lead today’s hottest real estate news stories from around the region as warehouse developer ESR wins another battle in its plan to expand its shed empire and a Singaporean developer goes hotel shopping in Perth. Back in… Read More>>
Asia Real Estate People in the News 2018-10-22
The world of valuations gets a bit of attention in this week’s collection of real estate professionals finding new roles around the region as JLL hires away a veteran valuer from rival Savills in Singapore. Sheds also figure into this… Read More>>
Former SHK Chairman Walter Kwok Dies at 68
Walter Kwok, once the chairman of Hong Kong’s largest property developer, Sun Hung Kai, passed away Saturday morning in the city’s Adventist Hospital, according to a report in the South China Morning Post.
The death of Kwok, who inherited part… Read More>>
SMBC, Dufry Sign New Leases in Kowloon’s Hung Hom Area as More Corporates Flee Central
While Hong Kong’s investment market has slowed down in the past two months, excitement over the opening of the Hong Kong-Zhuhai-Macau bridge is helping to give the city’s office rental market a boost, especially in the emerging Kowloon East commercial… Read More>>
China Home Sales Volumes Fall as Crackdown Kicks In and More Asia Real Estate Headlines
Things are getting quiet on the mainland as authorities continue to step up enforcement of home sales restrictions in a crackdown first launched in late June. During September home sales fell by 3.6 percent in terms of floor space, marking… Read More>>
HK Commercial Deals Fell 51% in Sept – Turning Up Pressure on Speculators
Hong Kong’s housing market made headlines earlier this month when home prices fell for the first time in nearly two and a half years, after an unprecedented bull run.
Now data is emerging to show that the trend in the… Read More>>
Tesla Buys Land for Shanghai Factory and More Asia Real Estate Headlines
Leading today’s property news from around the region, one of America’s best known entrepreneurs crossed the front lines of the current trade war to purchase an 860,000 square metre Shanghai site, as Tesla gears up to start production in China.
Gaw Capital Said to Invest in HK$15B Office Deal in Quarry Bay
Four months after buying a pair of Hong Kong office buildings from Swire Properties for HK$15 billion ($2 billion), a privately held affiliate of mainland investor Chen Chang Wei’s Hengli Group has reportedly recruited Gaw Capital Partners to take as… Read More>>
GIC Buying Paris Office Tower for $539M and More Asia Real Estate Headlines
Singapore’s lust for European real estate assets opens a new chapter this week with news that the city-state’s sovereign wealth fund has spent more than half of a billion dollars to buy an office building in the City of Love…. Read More>>
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