Mainland developer Country Garden Holdings announced this past week that two of its executive directors have tendered their resignations, as China’s largest developer by sales struggles financially, including having launched three major equity sales totalling HK$13.73 billion ($1.75 billion) since… Read More>>
Swire Properties Adds New Tower to Pacific Place Portfolio in Hong Kong
Swire Properties is expanding its Pacific Place portfolio eastward from Hong Kong’s Admiralty into Wan Chai district, having dubbed a 24-storey office tower on Queen’s Road East as Six Pacific Place earlier this month.
Set to be completed in the… Read More>>
CK Asset Paying $1.1B to Buy Second Hong Kong Residential Site in One Week
CK Asset Holdings has picked up a residential development site in Hong Kong’s Kai Tak area for HK$8.7 billion ($1.1 billion), according to a Wednesday announcement, breaching the low end of market expectations by about 23 percent as home prices… Read More>>
Standard Chartered Names Shelley Boland Global Head of Property
Standard Chartered has tapped Shelley Boland as its new global head of property to lead management of the bank’s real estate resources worldwide, with the promotion having taken effect on 1 December.
Boland is succeeding Denis McGowan, who is retiring… Read More>>
C&W Promotes Gordon Marsden and James Young to Strengthen APAC Investment Team
In a move to upgrade its investor services platform across Asia Pacific, Cushman & Wakefield has announced a pair of promotions with Gordon Marsden stepping up as head of capital markets for the region, and James Young, the company’s current… Read More>>
Goldin Financial Global Centre Sells Again, PAG-Mapletree JV Reported as Buyer
Following a series of failed tenders and cancelled sales of Hong Kong’s Goldin Financial Global Centre (GFGC) over the past two years, liquidators of the former headquarters of Goldin Financial Holdings are said to have reached a deal to sell… Read More>>
Hongkong Land Leases Two Central Retail Floors to Sotheby’s
Hongkong Land on Thursday announced that international auction house Sotheby’s has agreed to lease 24,000 square feet (2,229.6 square metres) of space at Landmark Chater, the three-storey retail podium of Central’s Chater House, with analyst sources who spoke with Mingtiandi… Read More>>
Swire Group Sells Hong Kong Luxury Project to Fund for $128M
Swire Group has sold a luxury housing compound on Hong Kong’s Peak for HK$1 billion ($128.3 million), in what has been tallied as the city’s most expensive luxury property deal so far this year on a per square foot basis.
India Data Centre Market to Double Capacity by 2025
India’s data centre stock is expected to double over the next three years to reach as much as 20 million square feet (1.85 million square metres) and 1500 megawatts, driven by a regional e-commerce boom and increasing adoption of smart… Read More>>
DWS Promotes Steven Kim to Head of Real Estate Asset Management for APAC
German fund manager DWS Group this week promoted Seoul-based Steven Kim to head of real estate asset management for Asia Pacific, as the fund management unit of Deutsche Bank continues to rework its management team.
Kim, formerly the manager’s head… Read More>>
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