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Nicholas Allen tb

Link REIT Revenues Rise 5.6% Despite Protests and Pandemic in Hong Kong

Nicholas Allen tb

2020/06/04 by James Hatton Leave a Comment

Hong Kong’s Link REIT survived a steep downturn the city’s retail sector in 2019, recording a 5.6 percent rise in revenue to HK$10.7 billion ($1.4 billion) for the year ending 31 March 2020. That income increase came despite the city’s… Read More>>

Hong Kong’s Link REIT survived a steep downturn the city’s retail sector in 2019, recording a 5.6 percent rise in … Read more>>>

china-vanke tb

China Vanke to Sell $1B in Shares to Repay Debt and More Asia Real Estate Headlines

china-vanke tb

2020/06/04 by James Hatton Leave a Comment

A mainland developer leads Mingtiandi’s roundup of real estate headlines today as the Shenzhen-based company is planning to raise $1 billion by selling new H-shares to pay down overseas debt.

In other news around the region, an Aussie investment bank… Read More>>

A mainland developer leads Mingtiandi’s roundup of real estate headlines today as the Shenzhen-based company is planning … Read more>>>

Mark Dixon IWG

IWG to Open Causeway Bay Centre as Regus Parent Plunders WeWork Spoils

Mark Dixon IWG

2020/06/03 by James Hatton Leave a Comment

The parent company of Regus has helped itself to a space in Hong Kong vacated by rival WeWork, as the balance of power shifts within the flexible office universe.

IWG, which owns Regus and four other flexible office brands, confirmed… Read More>>

The parent company of Regus has helped itself to a space in Hong Kong vacated by rival WeWork, as the balance of power … Read more>>>

US Consulate’s HK$5.2B Site Could Sell for 24% Off Amid Hong Kong Downturn

2020/06/03 by James Hatton Leave a Comment

Amidst growing friction with Chinese authorities, the US Department of State has put up for sale a residential site in one of Hong Kong’s most exclusive enclaves, and it could be set to sell for nearly a quarter less than… Read More>>

Amidst growing friction with Chinese authorities, the US Department of State has put up for sale a residential site in … Read more>>>

Carrefour Buys Wellcome Taiwan for €97M and More Asia Real Estate Headlines

2020/06/03 by James Hatton Leave a Comment

Food leads Mingtiandi’s roundup of Asia real estate headlines today as a European hypermarket giant buys a set of grocery stores in Taiwan of from a unit of Hong Kong’s Jardine’s for €97 million ($109 million).

In other news around… Read More>>

Food leads Mingtiandi’s roundup of Asia real estate headlines today as a European hypermarket giant buys a set of … Read more>>>

Henry Cheng Chongbang

Chongbang to Invest $400M in Phase 2 of Shanghai’s Lifehub@Anting

Henry Cheng Chongbang

2020/06/02 by James Hatton Leave a Comment

Chongbang Group has closed the $120 million acquisition of a suburban site in northwestern Shanghai as it readies the second phase of the company’s retail-anchored Lifehub@Anting project, Mingtiandi can reveal.

The Shanghai-based commercial developer led by one-time Shui On Land… Read More>>

Chongbang Group has closed the $120 million acquisition of a suburban site in northwestern Shanghai as it readies the … Read more>>>

Hong Kong Property Tycoon Sells Stake in West London REIT for £436M

2020/06/02 by James Hatton Leave a Comment

A Hong Kong property billionaire has agreed to sell his stake in a London REIT for £436 million ($544 million), bringing to a close a long-running battle for control of the trust’s West End real estate portfolio.

Samuel Tak Lee,… Read More>>

A Hong Kong property billionaire has agreed to sell his stake in a London REIT for £436 million ($544 million), bringing … Read more>>>

Hong Kong, Causeway Bay, Times Square

Hong Kong April Retail Sales Plunge 36% and More Asia Real Estate Headlines

Hong Kong, Causeway Bay, Times Square

2020/06/02 by James Hatton Leave a Comment

Plunging retail sales lead the way in Mingtiandi’s roundup of Asia real estate headlines today as shoppers continue to stay away from the high streets in one Asia retail hub, triggering a 36 percent drop in purchases.

In other news… Read More>>

Plunging retail sales lead the way in Mingtiandi’s roundup of Asia real estate headlines today as shoppers continue to … Read more>>>

zhang yuliang greenland

Greenland Group Sells Bund Centre Tower to Bank of Shanghai for RMB 4.9B

zhang yuliang greenland

2020/06/01 by James Hatton Leave a Comment

A joint venture between Greenland Group and the Shanghai government has agreed to sell one of the commercial towers in its RMB 100 billion ($14 billion) Greenland Bund Centre to Bank of Shanghai, just five months after Haitong Securities purchased… Read More>>

A joint venture between Greenland Group and the Shanghai government has agreed to sell one of the commercial towers in … Read more>>>

Toby Smith Swire

Asia Real Estate People in the News 2020-06-01

Toby Smith Swire

2020/06/01 by James Hatton Leave a Comment

In this week’s edition of People in the News, a reshuffle at Swire Hotels sees the former managing director step up to a new challenge, while the former deputy chairman of the Hong Kong developer’s hotels division relocates to… Read More>>

In this week’s edition of People in the News, a reshuffle at Swire Hotels sees the former managing director step up to a … Read more>>>

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