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Li Ka-shing

Li Ka-shing Sets New HK Record with $5.15B Sale of The Center to Mainland-Backed Group

Li Ka-shing

2017/11/02 by Michael Cole Leave a Comment

Hong Kong’s richest man just sold the city’s most expensive building for HK$40.2 billion ($5.15 billion), according to an announcement today by Li Ka-shing’s CK Asset Holdings to the Hong Kong stock exchange.

CK Asset, which was formerly known as… Read More>>

Hong Kong’s richest man just sold the city’s most expensive building for HK$40.2 billion ($5.15 billion), according to … Read more>>>

Broderick Storie PAG

PAG Demands Legal Action as REIT Goes Rogue

Broderick Storie PAG

2017/11/01 by Greg Isaacson Leave a Comment

A feud between a Hong Kong-listed real estate investment trust and one its biggest unit holders is ramping up, with alternative investment manager PAG demanding action by Hong Kong regulators over what it deems to be misleading statements by the… Read More>>

A feud between a Hong Kong-listed real estate investment trust and one its biggest unit holders is ramping up, with … Read more>>>

Lui Che Woo

Hong Kong’s K Wah Reportedly Buying Sydney Tower for $146M

Lui Che Woo

2017/10/30 by Greg Isaacson Leave a Comment

K Wah Group may be the latest Asian investor to buy into Sydney’s heated commercial property market, as the Hong Kong-based property firm is reportedly poised to pick up a grade A office tower in the city’s financial district for… Read More>>

K Wah Group may be the latest Asian investor to buy into Sydney's heated commercial property market, as the Hong … Read more>>>

Poly Real Estate boss Song Guangju

Poly, SCPG Lead $1.3B Surge in Mainland Asset-Backed Securities This Month

Poly Real Estate boss Song Guangju

2017/10/28 by Greg Isaacson Leave a Comment

Two mainland real estate giants announced plans for as much as RMB 8.8 billion ($1.3 billion) in asset-backed securities in the last two weeks as the mainland’s real estate investment market opens to a financing alternative to traditional bank loans.

… Read More>>

Two mainland real estate giants announced plans for as much as RMB 8.8 billion ($1.3 billion) in asset-backed securities … Read more>>>

He Binwu China Jinmao

Boss of China Minsheng Real Estate Unit Out After China Jinmao Raided by HK Anti-Graft Body

He Binwu China Jinmao

2017/10/26 by Greg Isaacson Leave a Comment

The chairman of a Hong Kong-listed developer controlled by China’s largest privately owned investment group abruptly stepped down this week, on the same day that the executive’s former employer revealed that it had been raided by Hong Kong’s anti-graft body.

… Read More>>

The chairman of a Hong Kong-listed developer controlled by China's largest privately owned investment group abruptly … Read more>>>

Trent Iliffe

Logos Announces $800M India Expansion With Ivanhoe Cambridge and Quadreal

Trent Iliffe

2017/10/25 by Greg Isaacson Leave a Comment

Canada’s Ivanhoé Cambridge and QuadReal Property Group are backing Logos Property’s India expansion through a joint venture that expects to invest $800 million in logistics facilities across the country, as global investors look to capitalise on India’s fast-rising industrial real… Read More>>

Canada's Ivanhoé Cambridge and QuadReal Property Group are backing Logos Property's India expansion through a joint … Read more>>>

Pan Shiyi Soho

Soho China Sells Shanghai Complex to Gaw Capital in $754M Deal

Pan Shiyi Soho

2017/10/24 by Greg Isaacson Leave a Comment

Beijing-based developer Soho China is selling a Zaha Hadid-designed project on the western edge of Shanghai to a fund managed by private equity house Gaw Capital for a total consideration of RMB 5.01 billion ($754.1 million), as the company owned… Read More>>

Beijing-based developer Soho China is selling a Zaha Hadid-designed project on the western edge of Shanghai to a fund … Read more>>>

Rosedale Hotel in Hong Kong’s Causeway Bay Sells for $211M

2017/10/23 by Greg Isaacson Leave a Comment

Hong Kong’s hotel investment market continues to heat up, with the Rosedale hotel in Causeway Bay reportedly selling to a director of Hong Kong’s Shun Ho Property Investments for HK$1.65 billion ($211.4 million).

Jonathan Cheng (鄭啟俊), a director of Shun Ho… Read More>>

Hong Kong's hotel investment market continues to heat up, with the Rosedale hotel in Causeway Bay reportedly selling to … Read more>>>

Wang Gehong CYPA

China Boosts Rental Housing Via RMB 270M Shenzhen-Listed Near-REIT

Wang Gehong CYPA

2017/10/23 by Greg Isaacson Leave a Comment

China is now enabling operators of rental housing projects to convert their income streams into listed securities, as the government moves to foster affordable housing for the country’s growing middle class.

The Shenzhen Stock Exchange announced this month that China Young… Read More>>

China is now enabling operators of rental housing projects to convert their income streams into listed securities, as … Read more>>>

Xie Yonglin Ping An Bank

Ping An Rents Whole Floor in HK’s Exchange Square as Mainlanders Dominate Central

Xie Yonglin Ping An Bank

2017/10/21 by Michael Cole Leave a Comment

Mainland corporates continue to dominate office leasing activity in Hong Kong’s Central district as China’s Ping An Bank has recently agreed to pay nearly triple Manhattan office leasing rates for a high floor in Exchange Square.

The mainland financial institution… Read More>>

Mainland corporates continue to dominate office leasing activity in Hong Kong’s Central district as China’s Ping An Bank … Read more>>>

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