Growth leads today’s real estate headlines once again as Singapore’s CapitaLand reports a 28 percent third quarter jump in profits for its pan-Asian operations. The numbers are also getting bigger for leading Hong Kong developer Sun Hung Kai which just… Read More>>
Warburg Pincus-Backed VN Mall Developer Raises $740M on HCMC Exchange
While Vietnam has been gaining popularity as a vacation destination in recent years, the Southeast Asian nation may soon be greeting an influx of hopeful property investors after a Warburg Pincus-backed mall developer celebrated the country’s biggest ever public listing… Read More>>
Gaw Raising Half of $360M US Fund From Korea and More Asia Real Estate Headlines
Funds, fund-raising and a unique Singapore retail property lead today’s real estate headlines as we finish off our first week’s worth of November. Maybe BlackRock should have followed the lead of Hong Kong’s Gaw Capital after the US asset management… Read More>>
Evergrande Raises $9.05B in Run-Up to Mainland Listing
China’s famously indebted developer now appears to be among the most sought after by investors, after China Evergrande Group attracted RMB 60 billion ($9.05 billion) in investment in the run-up to its long-awaited mainland listing.
Ranked as China’s largest developer… Read More>>
Logos Locks in BlackRock Veteran Tom Lee as New CEO
Now that logistics real estate player Logos Group has raised $2.8 billion in equity for its pan-Asian warehouse empire, the Sydney and Shanghai-based logistics developer is bringing on board a veteran real estate financier to help manage all that cash… Read More>>
Swire and HKRI Hold Grand Opening for Shanghai Mega-Project HKRI Taikoo Hui
Hong Kong developers Swire and HKRI held the official opening party today for their 322,000 square metre (3.46 million square foot) office, hotel, residential and retail mega-project on Shanghai’s West Nanjing Road.
The pair of real estate giants pulled in… Read More>>
CDL China Sells Stake in Chongqing Projects to Vanke and More Asia Real Estate Headlines
In today’s news, Singapore’s CDL is selling off stakes in two of its western China residential projects to Vanke, while 37 developers, including China’s HNA Group, have submitted bids for a site on southern Hong Kong island. Speaking of HNA,… Read More>>
Hong Kong Home Sells for $37M Per Bedroom and More Asia Real Estate Headlines
Leading today’s news, Hong Kong’s housing affordability may be a hot topic for most of the city’s seven million inhabitants, but developer Wheelock is doing just fine marketing homes that cost about the same amount as the GDP of small… Read More>>
Topshop Notches 50% Rent Cut as HK Gets Retail Reality Check
Fast fashion brand Topshop has halved the rent on its home on Queen’s Road in Hong Kong’s Central district, as rates for retail space in the city adjust to a new reality.
The UK-based retailer of youth-oriented apparel and accessories… Read More>>
Li Ka-shing Sets New HK Record with $5.15B Sale of The Center to Mainland-Backed Group
Hong Kong’s richest man just sold the city’s most expensive building for HK$40.2 billion ($5.15 billion), according to an announcement today by Li Ka-shing’s CK Asset Holdings to the Hong Kong stock exchange.
CK Asset, which was formerly known as… Read More>>
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