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Ryan Ip

$701M Kowloon Residential Project Attracts 31 Potential Buyers in URA Tender

Ryan Ip

2022/08/15 by Pawara Laothamatas Leave a Comment

Developers including Sun Hung Kai Properties, CK Asset and Henderson Land are showing continued interest in a gentrifying Kowloon neighbourhood as a tender for a HK$5.5 billion ($700.9 million) residential project in the To Kwa Wan area last week attracted… Read More>>

Developers including Sun Hung Kai Properties, CK Asset and Henderson Land are showing continued interest in a … Read more>>>

2011 Beijing Spring Real Estate Trade Fair

China Real Estate Investment Fell 12% in July as Home Sales Slide Continues

2011 Beijing Spring Real Estate Trade Fair

2022/08/15 by Iris Hong Leave a Comment

China’s cash-strapped developers cut back further on real estate investment in July as new construction starts fell at the fastest pace in almost a decade and home sales worsened despite the lifting of COVID lockdowns and a slew of stimulus… Read More>>

China’s cash-strapped developers cut back further on real estate investment in July as new construction starts fell at … Read more>>>

jesline goh UOL

Jesline Goh Resigns as CIO of Singapore’s UOL as Developer Promotes Hotel Chief

jesline goh UOL

2022/08/15 by Beatrice Laforga Leave a Comment

Jesline Goh is stepping down as chief investment and asset officer of Singaporean developer UOL Group after nearly five years on the job, with her last day set for 11 September, according to an SGX announcement late Friday.

Now 49,… Read More>>

Jesline Goh is stepping down as chief investment and asset officer of Singaporean developer UOL Group after nearly five … Read more>>>

people's bank of china pboc

China’s PBOC Cuts Rates as Economy Staggers and More Asia Real Estate Headlines

people's bank of china pboc

2022/08/15 by Proud Channara Leave a Comment

Disappointing data on China’s economy prompted some of today’s biggest headlines, with the mainland’s central bank moving quickly to cut rates at same time that JP Morgan analysts are predicting more gloom for developers.

Also in the news, an SGX-listed… Read More>>

Disappointing data on China’s economy prompted some of today’s biggest headlines, with the mainland’s central bank … Read more>>>

Lee Hoon KIc

Asia Real Estate People in the News 2022-08-15

Lee Hoon KIc

2022/08/15 by Michael Cole Leave a Comment

Senior personnel changes in Korea, Hong Kong and Singapore lead Mingtiandi’s roundup of HR moves from around the region this week, starting with the selection of a new chief investment officer at South Korea’s sovereign wealth fund. Also making the… Read More>>

Senior personnel changes in Korea, Hong Kong and Singapore lead Mingtiandi’s roundup of HR moves from around the region … Read more>>>

David Harrison charter hall

GIC Buys Half-Stake in Amazon-Anchored Melbourne Project

David Harrison charter hall

2022/08/14 by Beatrice Laforga Leave a Comment

Singapore’s GIC is buying a half slice of an A$800 million ($568.3 million) Melbourne office development from Charter Hall after the Australian property giant secured Amazon and Aware Super, the third largest pension fund in the country, as anchor tenants.

… Read More>>

Singapore’s GIC is buying a half slice of an A$800 million ($568.3 million) Melbourne office development from Charter … Read more>>>

lee chee koon tb

CapitaLand Investment Sees Profit Drop 38% as China Bets Turn Sour

lee chee koon tb

2022/08/14 by Beatrice Laforga Leave a Comment

CapitaLand Investment Ltd saw its profit drop by 38.3 percent to S$433 million ($316 million) in the first half of this year as the listed fund manager took a hit from China’s stringent lockdowns while divesting assets at a slower… Read More>>

CapitaLand Investment Ltd saw its profit drop by 38.3 percent to S$433 million ($316 million) in the first half of this … Read more>>>

Swire's Guy Bradley

Swire Properties Takes on More Hong Kong Projects Despite Challenging 2022 1H

Swire's Guy Bradley

2022/08/14 by Iris Hong Leave a Comment

Swire Properties saw revenue decrease by 26 percent in the first half of the year to HK$6.70 billion ($855 million) while its underlying net profit slid 8 percent to $4.14 billion as its retail and hotel businesses were hit by… Read More>>

Swire Properties saw revenue decrease by 26 percent in the first half of the year to HK$6.70 billion ($855 million) … Read more>>>

CK Asset's Li Ka-Shing

CK Asset Sells Home in Hong Kong’s Repulse Bay at Discount as Market Slides

CK Asset's Li Ka-Shing

2022/08/14 by Pawara Laothamatas Leave a Comment

A house at CK Asset’s 90 Repulse Bay Road project was sold for HK$75,000 ($9,557) per square foot this past week, setting a record for the lowest unit price at the luxury property against a backdrop of sliding values for… Read More>>

A house at CK Asset’s 90 Repulse Bay Road project was sold for HK$75,000 ($9,557) per square foot this past week, … Read more>>>

Ebisu gramercy

Gaw Capital Expects $4B in Japan Investments and More Asia Real Estate Headlines

Ebisu gramercy

2022/08/14 by Michael Cole Leave a Comment

A falling yen is helping to boost the appeal of Japanese real estate assets, according to Gaw Capital Partners, with a story on the Hong Kong private equity shop’s growing interest in Asia’s second-largest economy leading our headline roundup today…. Read More>>

A falling yen is helping to boost the appeal of Japanese real estate assets, according to Gaw Capital Partners, with a … Read more>>>

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