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China housing construction

China Property Crisis Drives Down Junk Bonds and More Asia Real Estate Headlines

China housing construction

2022/07/20 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, the trading prices of China’s high-yield dollar bonds near a record low as a loan boycott threatens to spread from homebuyers to construction firms. In Hong Kong, meanwhile, some apartment buyers face a… Read More>>

In today’s roundup of regional news headlines, the trading prices of China’s high-yield dollar bonds near a record low … Read more>>>

Mandarin Oriental Selling DC Hotel to UK’s Henderson Park For $139M

2022/07/19 by Beatrice Laforga Leave a Comment

Hong Kong-based Mandarin Oriental International is selling its five-star luxury hotel in Washington DC to UK asset manager Henderson Park for $139 million as the Jardine Matheson-controlled firm continues to offload US assets on weak corporate bookings.

Mandarin Oriental told… Read More>>

Hong Kong-based Mandarin Oriental International is selling its five-star luxury hotel in Washington DC to UK asset … Read more>>>

Link REIT Spotlight Session 2022-07-19

Link REIT CEO Still in Buying Mode as Downturn Sparks Opportunity: MTD TV Asia REIT Forum 2022

Link REIT Spotlight Session 2022-07-19

2022/07/19 by Christopher Caillavet Leave a Comment

https://player.vimeo.com/video/731224122?h=00627844c1Video can’t be loaded because JavaScript is disabled: Asia REIT Forum 2022: Spotlight Interview with Link REIT CEO George Hongchoy (https://player.vimeo.com/video/731224122?h=00627844c1)

  After buying 17 assets in 15 months for a total of HK$26 billion ($3.3 billion),… Read More>>

https://player.vimeo.com/video/731224122?h=00627844c1   After buying 17 assets in 15 months for a total of HK$26 … Read more>>>

Phile Pearce ESR

GIC-Backed ESR Fund Acquires Five Melbourne Industrial Properties for $73.5M

Phile Pearce ESR

2022/07/19 by Christopher Caillavet Leave a Comment

Industrial specialist ESR has expanded its footprint in Greater Melbourne with the acquisition of five income-producing properties via a GIC-backed fund for A$106.5 million ($73.5 million).

The assets in the suburbs of Truganina, Kilsyth, Keysborough, Port Melbourne and Dandenong in… Read More>>

Industrial specialist ESR has expanded its footprint in Greater Melbourne with the acquisition of five income-producing … Read more>>>

Swire's Guy Bradley

Swire Closes in on $751M Quarry Bay Commercial Project

Swire's Guy Bradley

2022/07/19 by Pawara Laothamatas Leave a Comment

Swire Properties is closing in on a HK$5.9 billion ($751.9 million) commercial project on the eastern stretch of Hong Kong Island, having reportedly applied in June to force a sale of the remaining pieces which it does not already own… Read More>>

Swire Properties is closing in on a HK$5.9 billion ($751.9 million) commercial project on the eastern stretch of Hong … Read more>>>

vanke sign square

Vanke Approved for Property Management IPO and More Asia Real Estate Headlines

vanke sign square

2022/07/19 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, Chinese developer Vanke gets the green light from mainland authorities to spin off its property management unit in a Hong Kong IPO, while the pending sale of Pfizer’s South Korean headquarters hits a… Read More>>

In today’s roundup of regional news headlines, Chinese developer Vanke gets the green light from mainland authorities to … Read more>>>

Matthew Cheung of Cheung and Sons

Junior Tycoon Buys Developer Jiayuan’s Hong Kong HQ at 34% Off 2018 Price

Matthew Cheung of Cheung and Sons

2022/07/18 by Christopher Caillavet Leave a Comment

A scion of the family behind Hong Kong’s Cheung & Sons conglomerate has swooped on a 14th-floor unit at 9 Queen’s Road Central, picking up the headquarters of troubled mainland developer Jiayuan International Group for HK$95 million ($12.1 million).

Jiayuan… Read More>>

A scion of the family behind Hong Kong’s Cheung & Sons conglomerate has swooped on a 14th-floor unit at 9 Queen’s … Read more>>>

Cui Zhengfeng Kingsford

Chinese Builders Kingsford, MCC Buying Singapore Project for $637M

Cui Zhengfeng Kingsford

2022/07/18 by Beatrice Laforga Leave a Comment

Kingsford Development has teamed up with a unit of state-owned conglomerate Metallurgy Corporation of China, to sign a deal for Singapore’s largest en bloc sale so far this year after making a S$890 million ($637.2 million) offer.

A notice sent… Read More>>

Kingsford Development has teamed up with a unit of state-owned conglomerate Metallurgy Corporation of China, to sign a … Read more>>>

Gordon Wu

Hopewell Applies to Redevelop Wan Chai Haunted House into $459M Residential Project

Gordon Wu

2022/07/18 by Pawara Laothamatas Leave a Comment

Hopewell Holdings is planning to build a residential and retail project worth up to HK$3.6 billion ($459 million) around a reputed haunted house in Hong Kong’s Wan Chai district, according to a planning application submitted this month.

Nam Koo Terrace,… Read More>>

Hopewell Holdings is planning to build a residential and retail project worth up to HK$3.6 billion ($459 million) around … Read more>>>

Alpha Investment Partners CEO Alvin Mah

Keppel Data Centre Fund to Develop $210M Facility Near Beijing

Alpha Investment Partners CEO Alvin Mah

2022/07/18 by Christopher Caillavet Leave a Comment

Keppel Data Centre Fund II has entered a partnership with a Tianjin-based conglomerate to develop a RMB 1.4 billion ($210 million) data centre near Beijing, marking Singaporean giant Keppel Corporation’s sixth server-hosting facility in China.

KDCF II will acquire a… Read More>>

Keppel Data Centre Fund II has entered a partnership with a Tianjin-based conglomerate to develop a RMB 1.4 billion … Read more>>>

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