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Causeway Bay Shop Sold at 73% Loss as Virus Wave Menaces Hong Kong

2020/07/26 by Diana Li Leave a Comment

Hong Kong’s retail property market is bracing for turbulent times as a street front shop in the world’s most expensive shopping district was sold at a 73 percent loss.

According to Land Registry records cited by the Hong Kong Economic… Read More>>

Hong Kong’s retail property market is bracing for turbulent times as a street front shop in the world’s most expensive … Read more>>>

Li Ka-shing CK Asset

Li Ka-Shing’s CK Asset Sells Chengdu Project for $1B and More Asia Real Estate Headlines

Li Ka-shing CK Asset

2020/07/25 by Michael Cole Leave a Comment

China’s housing market has heated up after an extended dry spell, and with developer appetites for land surging, Hong Kong’s Li Ka-shing has decided to sell off a mixed-use project in Chengdu while the sun is still shining.

In less… Read More>>

China’s housing market has heated up after an extended dry spell, and with developer appetites for land surging, Hong … Read more>>>

gerald ma lai chee ck asset

CK Asset Director Joins Goldin Board as Vice Chair of Troubled HK Developer

gerald ma lai chee ck asset

2020/07/24 by Michael Cole Leave a Comment

A top strategist from Li Ka-shing’s CK Asset has joined the board of defaulting developer Goldin Financial Holdings as rumours fly of buyouts and restructuring in Hong Kong’s real estate world.

Gerald Ma Lai-chee, an executive with 24 years of… Read More>>

A top strategist from Li Ka-shing’s CK Asset has joined the board of defaulting developer Goldin Financial Holdings as … Read more>>>

st regis sg

M&C Hotels CEO Quits After Four Months as Pandemic Drags Firm Into the Red

st regis sg

2020/07/24 by Jonathan Burgos Leave a Comment

The sudden departure of Millennium & Copthorne Hotels CEO Clarence Tan, after helming the hospitality arm of Singapore-based real estate giant City Developments Limited for just four months, puts the spotlight on the challenging environment for hoteliers amid the COVID-19… Read More>>

The sudden departure of Millennium & Copthorne Hotels CEO Clarence Tan, after helming the hospitality arm of … Read more>>>

Marina Bay Sands Singapore

Singapore’s Marina Bay Sands Sinks to S$113M Q2 Loss and More Asia Real Estate Headlines

Marina Bay Sands Singapore

2020/07/23 by Michael Cole Leave a Comment

The impact of the coronavirus is becoming clearer this week as companies around the region declare earnings, with Singapore’s best-known casino dropping to a loss and the Bangkok residential market losing 27 percent of its value.

On a more positive… Read More>>

The impact of the coronavirus is becoming clearer this week as companies around the region declare earnings, with … Read more>>>

Koh Wee Meng Fragrance Hotels

Fragrance Group Puts Singapore Office Tower Up for Sale at S$715M

Koh Wee Meng Fragrance Hotels

2020/07/22 by Jonathan Burgos Leave a Comment

Singapore-based property developer Fragrance Group has put its 29-storey office tower on the edge of Singapore’s downtown core for sale at an indicative price of S$715 million ($514.8 million), adding to signs commercial property deals are picking up in the… Read More>>

Singapore-based property developer Fragrance Group has put its 29-storey office tower on the edge of Singapore's … Read more>>>

john lim ara

ARA Steps Up Battle to Take Over Cromwell and More Asia Real Estate Headlines

john lim ara

2020/07/22 by Michael Cole Leave a Comment

Singapore’s ARA Asset Management leads today’s real estate headlines in Asia Pacific as the Warburg Pincus-backed fund manager formalises its takeover bid for an Aussie real estate investment firm.

A pair of Softbank-backed startups also reappear with more bad news,… Read More>>

Singapore’s ARA Asset Management leads today’s real estate headlines in Asia Pacific as the Warburg Pincus-backed fund … Read more>>>

pil building cecil street

Troubled Shipping Firm Puts Singapore Office Building on the Block for S$350M

pil building cecil street

2020/07/22 by Jonathan Burgos Leave a Comment

Financially troubled Pacific International Lines, Singapore’s largest container shipping company, has put its office building near the city’s Raffles Place central business district on the market for an indicative price of S$350 million ($252 million), a source familiar with the… Read More>>

Financially troubled Pacific International Lines, Singapore’s largest container shipping company, has put its office … Read more>>>

pan sutong goldin

Goldin Boss Pan Sutong Hocks HK House, Stock to Pay Over HK$10B in Debt

pan sutong goldin

2020/07/21 by Michael Cole Leave a Comment

Last week Pan Sutong’s Goldin Financial Holdings announced that creditors had seized its Kowloon East headquarters, now local media reports indicate the billionaire real estate boss has had to remortgage his mansion and borrow against his shares in the Hong… Read More>>

Last week Pan Sutong’s Goldin Financial Holdings announced that creditors had seized its Kowloon East headquarters, now … Read more>>>

ESR IPO

Canadian Pension Fund Boosts ESR Stake by 7% and More Asia Real Estate Headlines

ESR IPO

2020/07/21 by Michael Cole Leave a Comment

Warehouses lead Mingtiandi’s real estate headlines from around the region today, with Warburg Pincus selling 7 percent of Hong Kong-listed ESR to a Canadian pension fund manager that had taken a cornerstone stake in the logistics developer’s IPO.

Read More>>

Warehouses lead Mingtiandi’s real estate headlines from around the region today, with Warburg Pincus selling 7 percent … Read more>>>

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