Hong Kong-listed developer Far East Consortium (FEC) is making another move to bolster its portfolio in Singapore, buying a freehold residential project near the Orchard Road shopping district from a seller believed to be US private equity giant Blackstone for… Read More>>
Hanison, PAG Sell Kowloon Office Tower by the Floor and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, Hanison Construction is offloading an office building in Cheung Sha Wan, western Kowloon on a strata-titled basis for as much as HK$28.4 million per floor, less than four months after selling a 50… Read More>>
Ascendas-Singbridge Reveals $300M India JV with Temasek, Said Close to UK Deal
Singapore’s Ascendas-Singbridge Group today announced a new S$400 million ($300 million) investment programme with government giant Temasek Holdings to develop a portfolio of as much as 15 million square feet (1.39 million square metres) of industrial real estate projects in… Read More>>
Shop King Said Buying Kwai Chung Asset for HK$1.6B and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the city’s “Shop King” Tang Shing-bor seems to be snapping up another shed, with reports that the veteran real estate investor paid HK$1.6 billion for a 13-storey industrial building in the Kwai Chung… Read More>>
China Resources Said to Break HK Residential Land Price Record with HK$6B Buy
Mainland state-owned conglomerate China Resources is said to have snapped up one of Hong Kong’s most prestigious home sites, and has set a land price record in the process.
The Shenzhen-based giant, which invests in businesses from retail to energy… Read More>>
SG Co-Working Operator The Great Room Leases First HK Space in Swire’s One Taikoo Place
High-end Singaporean co-working provider The Great Room is venturing into Hong Kong for the first time by leasing a full floor in Swire Properties One Taikoo Place project in Quarry Bay, according to a revelation today by Swire’s head of… Read More>>
Brawling Brokers Rebuked and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, city authorities have warned property agents against violence after two brawls broke out between brokers competing for clients in the last few days. And today’s coverage shows the breadth of Hong Kong’s space… Read More>>
ARA Closes on Buy of $317M Stake in Cromwell Property, Raising AUM to $58B
ARA Asset Management has closed on its acquisition of a 19.5 percent stake in Australia’s Cromwell Property, boosting the Singapore-based company’s assets under management to S$77.2 billion ($57.7 billion).
The Singaporean asset manager implemented the deal by purchasing 86.5 million… Read More>>
HNA Said to Sell San Francisco Office Tower to Northwood Investors for $290M
HNA Group has reportedly sold an office tower in San Francisco for $290 million, marking yet another disposal of an overseas asset as the Chinese conglomerate seeks to pay off a debt pile estimated at $100 billion.
The airline-to-property group… Read More>>
Warburg Pincus-Backed Nova, Sunac Buying Shanghai Square Mall for RMB 1.9B
Less than three months after announcing a RMB 20 billion fund to redevelop commercial properties in China’s first tier cities, Warburg Pincus-backed Nova Property and Sunac China Holdings have teamed up to acquire a pair of commercial buildings in Shanghai’s… Read More>>
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