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Shawna Kwan

Payson Cha Hanison

Hanison Said to Buy Kowloon Workshop and More Hong Kong Real Estate Headlines

2018/04/25 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, just a month after snapping up an industrial building in Kwai Chung, Hanison Construction has reportedly purchased another workshop on the other side of Kowloon for HK$420 million.

Also in the headlines, a… Read More>>

Wang Yonghong Zhonghong

Chinese Developer Defaults on $364M in Debt One Year After $449M Blackstone Deal

2018/04/24 by Shawna Kwan Leave a Comment

Less than one year after its offshore affiliate paid $449 million to buy a stake in Seaworld from Blackstone, and just nine months after that same unit failed in its $4 billion bid to buy out US senior living operator… Read More>>

Lewis Tung

HK$660M Sale of Floor in Admiralty Office Tower Breaks Hong Kong Price Record – Again

2018/04/24 by Shawna Kwan Leave a Comment

Less than two weeks after a floor in 9 Queen’s Road Central claimed the title as the city’s most expensive strata-titled property, a floor in Far East Finance Centre has reportedly broken that short-lived price record.

The 33rd floor of… Read More>>

William Chan of Rykadan Capital

URA to Reveal Winning Bid Amounts and More Hong Kong Real Estate Headlines

2018/04/24 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, the city’s urban redevelopment agency has announced a new policy to inform the public of the amounts of successful bids in a move to improve transparency. Also in the headlines, Hong Kong-listed developer… Read More>>

Li Sze-lim Guangzhou R&F

HNA Sells Rights to Haikou Project to Guangzhou R&F for RMB 5.7B

2018/04/23 by Shawna Kwan Leave a Comment

Guangzhou R&F Properties, the white knight which bought out 70 Dalian Wanda hotels when Wang Jianlin’s commercial developer hit the wall financially, is now officially the partner of another embattled Chinese conglomerate. The Guangdong-based developer announced on Friday that it… Read More>>

Tony Lombardo Lendlease

Lendlease Enters China Senior Housing Market With $302M Shanghai Project

2018/04/23 by Shawna Kwan Leave a Comment

Australia’s largest provider of senior housing is entering the Chinese elder living market for the first time. Aussie property developer Lendlease is set to develop a RMB 1.9 billion ($302 million) senior living community in Shanghai, China, according to a… Read More>>

Edwin Leong

Hong Kong’s Shop King Consolidates Western Site with HK$810M Buy of Butterfly Hotel

2018/04/22 by Shawna Kwan Leave a Comment

Edwin Leong Siu-hung, chairman of property developer Tai Hung Fai Enterprise and one of Hong Kong’s wealthiest men, is consolidating a block of properties in Sai Ying Pun, two MTR stations west of Central after spending over HK$1.5 billion ($191… Read More>>

Lam Chi-fung

Hugo Lam Buys Kwun Tong Industrial Site for HK$1.6B With Plans for New Office Project

2018/04/21 by Shawna Kwan Leave a Comment

One of Hong Kong’s most aggressive real estate speculators is making good on a pledge of love for Kowloon East, as Hugo Lam Chi-fung has scooped up a Kwun Tong industrial site for HK$1.6 billion ($204 million).

This latest real… Read More>>

9 Queen's Road Central

Floor in 9 Queen’s Road Central Breaks Price Record and More Hong Kong Real Estate Headlines

2018/04/21 by Shawna Kwan Leave a Comment

Record high prices make the news again today in Hong Kong, with confirmation that a floor in an office tower on Queen’s Road has sold at just under HK$60,000 per square foot.

Also in the headlines, a developer is planning… Read More>>

Beijing CBD Core Area

Beijing Restricts Building Heights in Prime District — Derails RMB 8.6B in Office Projects

2018/04/19 by Shawna Kwan Leave a Comment

The Beijing government has retroactively restricted the height of buildings in a prime plot of the city’s core business district to as low as 100 metres, truncating the building heights and potential investment returns of developers who purchased more than… Read More>>

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