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Tai Cheung Wins Site in Hong Kong’s Ap Lei Chau for HK$1.33B

2020/05/29 by Stephanie Li Leave a Comment

Hong Kong developer Tai Cheung Holdings last week won a residential site on the city’s Ap Lei Chau island with a bid more than 14 percent above some analyst predictions, despite forecasts of slide property values in the city.

The… Read More>>

Hong Kong developer Tai Cheung Holdings last week won a residential site on the city's Ap Lei Chau island with a bid … Read more>>>

Samuel WT Chu and Benjamin KY Lee

Phoenix Forced to Restructure Financing for 71,000 Sqm Shanghai Office Project

Samuel WT Chu and Benjamin KY Lee

2020/05/28 by James Hatton Leave a Comment

A fund managed by Phoenix Property Investors has been forced to restructure the capital structure for a commercial project in Shanghai’s Jing An district, according to an announcement to the Hong Kong stock exchange today as the COVID-19 crisis disrupts… Read More>>

A fund managed by Phoenix Property Investors has been forced to restructure the capital structure for a commercial … Read more>>>

spencer fung

Li & Fung Delists After Completing HK$7.2B GLP-Led Buyout

spencer fung

2020/05/28 by James Hatton Leave a Comment

Consumer goods sourcing and distribution firm Li & Fung delisted from the Hong Kong stock exchange yesterday, ending a run of 28 years on the bourse through a buyout backed by Asia’s largest warehouse developer and fund manager that valued… Read More>>

Consumer goods sourcing and distribution firm Li & Fung delisted from the Hong Kong stock exchange yesterday, ending … Read more>>>

Tycoon Li Ka-shing Defends HK Security Law and More Asia Real Estate Headlines

2020/05/28 by James Hatton Leave a Comment

Hong Kong’s richest man leads Mingtiandi’s roundup of Asia real estate headlines today as the founder of CK Asset Holdings speaks up in support of Beijing’s move to force through security legislation in the Asian financial hub.

In other news… Read More>>

Hong Kong’s richest man leads Mingtiandi’s roundup of Asia real estate headlines today as the founder of CK Asset … Read more>>>

Vincent Lo Shui On

Shui On Plans Xintiandi in the Suburbs with RMB 2.1B in Shanghai Land Buys

Vincent Lo Shui On

2020/05/27 by James Hatton Leave a Comment

Shui On Land spent RMB 2.1 billion ($290 million) buying four parcels of land in Shanghai in just three days last week, as the developer assembles the pieces for an urban redevelopment project which it hopes will rival the success… Read More>>

Shui On Land spent RMB 2.1 billion ($290 million) buying four parcels of land in Shanghai in just three days last week, … Read more>>>

ngai_chun_hung2

HK-Listed Builder Buys Mong Kok Residential Site for HK$330M

ngai_chun_hung2

2020/05/27 by Stephanie Li Leave a Comment

Hong Kong-listed developer Vantage International has agreed to acquire an apartment building in Mong Kok for HK$330 million ($42.6 million), according to a local news report yesterday.

The company, which is part of the Vantage Group alongside its Able Engineering… Read More>>

Hong Kong-listed developer Vantage International has agreed to acquire an apartment building in Mong Kok for HK$330 … Read more>>>

Stanley Ho

Casino Magnate Stanley Ho Dies at 98

Stanley Ho

2020/05/27 by James Hatton Leave a Comment

Gambling and property magnate Stanley Ho, whose lavish lifestyle and series of marriages had earned him celebrity status in Hong Kong, passed away yesterday at the age of 98, according to an announcement by the family.

The “King of Gambling”,… Read More>>

Gambling and property magnate Stanley Ho, whose lavish lifestyle and series of marriages had earned him celebrity status … Read more>>>

Harbour City

Investors Aiming for 35% Discounts on HK Offices and More Asia Real Estate Headlines

Harbour City

2020/05/27 by James Hatton Leave a Comment

Beijing’s controversial new security law may worry many Hong Kong residents, but potential property investors seem to see the new legislation as an opportunity to pick up office assets on the cheap, according to one news account today.

Also finding… Read More>>

Beijing's controversial new security law may worry many Hong Kong residents, but potential property investors seem to … Read more>>>

john lim ara

Warburg Pincus Boosts ARA Stake as China’s AVIC Bows Out

john lim ara

2020/05/26 by James Hatton Leave a Comment

Warburg Pincus is boosting its interest in ARA Asset Management to almost half of the company’s issued shares, in the first changes to the shareholding structure of the Singapore-based fund manager since it was taken private in 2017.

Through a… Read More>>

Warburg Pincus is boosting its interest in ARA Asset Management to almost half of the company’s issued shares, in the … Read more>>>

Rush desai allianz

Allianz Real Estate Opens Offices in Shanghai and Tokyo in APAC Expansion

Rush desai allianz

2020/05/26 by James Hatton Leave a Comment

Allianz Real Estate, the property investment arm of the European insurance giant, opened offices in China and Japan this month as part of an Asia Pacific expansion drive which saw the company grow its portfolio in the region by 83… Read More>>

Allianz Real Estate, the property investment arm of the European insurance giant, opened offices in China and Japan this … Read more>>>

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