Leading today’s news, the Thai billionaire behind Fraser & Neave and Centrepoint plans the kingdom’s biggest ever project next to Bangkok’s Lumpini Park, Beijing’s plans for a satellite city trigger China’s biggest land rush since we all still believed in… Read More>>
Asia Real Estate People in the News 2017-04-03
While much of Greater China takes a break to clean up gravesites and honor their ancestors, the region’s real estate professionals remain on the move, with a number of high level job changes being reported just before the holiday. This… Read More>>
How Hong Kong Can Bring in More Than Just HK$18B From a Land Sale in Central Sponsored Feature
Hong Kong has just finished taking bids for the first commercial site to be auctioned off in Central in the last 20 years, and the land sale could bring in as much as HK$18.6 billion ($2.4 billion) for the city’s… Read More>>
Li Ka-shing Buying Canadian HVAC Co for $2.1 Bil and More Asia Real Estate Headlines
Leading today’s news, Hong Kong’s “Superman” is flexing his financial muscle again as Cheung Kong Property agrees to buy a Canadian HVAC business for more than $2.1 billion. Also in the headlines, after the city of Beijing rolled out nearly… Read More>>
Anbang’s NYC Deal with Kushner Collapses and More Asia Real Estate Headlines
At the top of the news today, Trump’s son-in-law will need to look like a new investor to bail out the family’s Fifth Avenue project, after Wu Xiaohui’s Anbang backed out of discussions to take a controlling stake in the… Read More>>
HNA Pitches HK$9.26B Rights Issue to Pay for Kai Tak Land Buys and More Asia Real Estate Headlines
If you wondered how China’s most acquisitive conglomerate plans to pay for the HK$27 billion in sites it just purchased in Kai Tak, then the mystery was solved today when HNA announced an upcoming rights issue that should cover part… Read More>>
Fosun CEO Liang Xinjun Steps Down Amid Reports of Discord
Fosun CEO Liang Xinjun is leaving the company he co-founded more than 25 years ago with four of his school buddies, as revealed by an unexpected announcement in Hong Kong today by Guo Guangchang, the billionaire chairman of the Shanghai-based… Read More>>
Benoy Appoints Darren Cartlidge as Regional Operations Director
Global design firm Benoy announced today that it has appointed Darren Cartlidge as its Regional Operations Director based in Hong Kong, giving the 20 year industry veteran responsibility for projects in China, Southeast Asia and the other Australasia for the… Read More>>
China Life Hunts for Overseas Assets and More Asia Real Estate Headlines
Leading today’s news, China’s largest insurer has some big plans for overseas acquisitions, while one of the country’s biggest developers is still working on not becoming an acquisition. Also in the headlines, Kaisa is back from the dead zone and… Read More>>
Ping An Finance Center Now China’s Second Tallest
Ping An Finance Center, a 599-metre (1965-foot) skyscraper in Shenzhen is now officially China’s second tallest building. The Kohn Pedersen Fox-designed megatall in the city’s Futian district now ranks just behind the 632-metre Shanghai Tower among the mainland’s loftiest erections,… Read More>>
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