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Payson Cha Hanison

CapitaLand Sells HK Serviced Apartment Building to Hanison for $93M

Payson Cha Hanison

2018/10/04 by Emma Zhou Leave a Comment

Hong Kong real estate developer Hanison Construction on Wednesday announced to the Hong Kong Exchange that it has agreed to purchase a serviced apartment building in Hong Kong’s Sai Ying Pun area for HK$730 million ($93 million).

Hanison, which is… Read More>>

Hong Kong real estate developer Hanison Construction on Wednesday announced to the Hong Kong Exchange that it has agreed … Read more>>>

Lucas Loh CapitaLand

CapitaLand Invests $20M to Bring Co-Working to Prime SG Towers

Lucas Loh CapitaLand

2018/10/03 by Emma Zhou Leave a Comment

CapitaLand on Tuesday announced its “office of the future” strategy, which aims to integrate co-working style “flexible office space” into the developer’s traditional commercial projects. The Singaporean real estate giant says it is already at work implementing the new strategy… Read More>>

CapitaLand on Tuesday announced its “office of the future” strategy, which aims to integrate co-working style “flexible … Read more>>>

xu jiayin one

Evergrande’s Calxon Spends RMB 595M to Expand Movie Theatre Business

xu jiayin one

2018/10/03 by Emma Zhou Leave a Comment

Just over two years after spending $554 million to acquire Shenzhen-listed China Calxon Group, the mainland’s second-largest developer by sales may have finally found a use for the company once thought to give Xu Jiayin’s real estate giant a back-door… Read More>>

Just over two years after spending $554 million to acquire Shenzhen-listed China Calxon Group, the mainland's … Read more>>>

Mapletree Bay point

Cigna Flees HK Island Office Rents With Move to Mapletree Kowloon Project

Mapletree Bay point

2018/10/03 by Emma Zhou Leave a Comment

Cigna Worldwide Life Insurance has become the latest multinational to flee the rising costs of Hong Kong island office space for Kowloon’s more budget-friendly shores, according to local media reports.

The US-based insurer is set to become neighbours with HSBC… Read More>>

Cigna Worldwide Life Insurance has become the latest multinational to flee the rising costs of Hong Kong island office … Read more>>>

Rita Tong Liu

Macau Gambling Figures Buy Asset in HK’s Central From Car Park Queen for HK$100M

Rita Tong Liu

2018/10/02 by Amie Cheng Leave a Comment

The sixth floor of the On Lok Yuen Building on Hong Kong’s Dex Voeux Road was purchased by a Macau investor for HK$100 million, the Land Registry announced late last month. The investor has now been identified as Chan Wai… Read More>>

The sixth floor of the On Lok Yuen Building on Hong Kong’s Dex Voeux Road was purchased by a Macau investor for HK$100 … Read more>>>

Midea He Xiangjian

Midea Real Estate, DaFa Kick Off Hong Kong IPOs

Midea He Xiangjian

2018/09/30 by Oliver Jones Leave a Comment

Midea Real Estate Holdings and DaFa Properties launched their initial public offerings on Friday, with share prices for both to be fixed on 4 October testing the market at a volatile time for Chinese property developers.

Midea hopes to capitalise… Read More>>

Midea Real Estate Holdings and DaFa Properties launched their initial public offerings on Friday, with share prices for … Read more>>>

Edmund Cheng Mapletree

Mapletree Bay Point Get HK$9B Bid from Mainland Investment Group Zhongrong

Edmund Cheng Mapletree

2018/09/27 by Emma Zhou Leave a Comment

Singapore’s Mapletree Investments has reportedly received a HK$9 billion ($1.15 billion) offer from mainland China-based Zhongrong Holdings Group for its Mapletree Bay Point office building in Hong Kong’s Kowloon East area, according to market sources familiar with the negotiations who… Read More>>

Singapore’s Mapletree Investments has reportedly received a HK$9 billion ($1.15 billion) offer from mainland China-based … Read more>>>

HNA Chen Feng

HNA Agrees to Sell Beijing Office Complex to China Vanke for $190M

HNA Chen Feng

2018/09/27 by Jan Kot Leave a Comment

China’s embattled HNA Group is continuing its series of asset disposals as the conglomerate’s aviation and tourism arm agreed to sell a Beijing office complex to China Vanke for RMB 1.29 billion ($190 million).

A notice filed with the Shanghai… Read More>>

China’s embattled HNA Group is continuing its series of asset disposals as the conglomerate’s aviation and tourism arm … Read more>>>

PAG Seeks “Positive Change” with $671M Hostile Bid for Spring REIT

2018/09/26 by Oliver Jones Leave a Comment

Private equity firm PAG launched a HK$5.24 billion ($670.8 million) hostile takeover to acquire all the units it doesn’t already own of Hong Kong-listed Spring REIT on Monday, at a price of HK$4.85 per unit.

The announcement sent the Hong… Read More>>

Private equity firm PAG launched a HK$5.24 billion ($670.8 million) hostile takeover to acquire all the units it doesn’t … Read more>>>

Sun Hongbing

Sunac China Buys Control of Failing Le Eco Units After Losing $2.6B

Sun Hongbing

2018/09/26 by Emma Zhou Leave a Comment

China’s fourth largest real estate developer Sunac China Holdings has taken control of two of the three units of Jia Yueting’s financial-troubled LeEco company via court auction, at a price of RMB 773 million. The investment comes after the developer… Read More>>

China’s fourth largest real estate developer Sunac China Holdings has taken control of two of the three units of Jia … Read more>>>

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