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peng xinkuang sre group

China Minsheng Unit Offloading 51% Stake in Shanghai Project as Losses Mount

peng xinkuang sre group

2020/05/26 by James Hatton Leave a Comment

SRE Group is seeking a buyer for its 51 percent stake in a mixed-use project in Shanghai, as the unit of China Minsheng Investment Group tries to stem escalating losses in the wake of an embezzlement scandal that saw its… Read More>>

SRE Group is seeking a buyer for its 51 percent stake in a mixed-use project in Shanghai, as the unit of China Minsheng … Read more>>>

Wharf Sells Amazon, Facebook Shares for $944M and More Asia Real Estate Headlines

2020/05/26 by James Hatton Leave a Comment

A Hong Kong landlord leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the owner of the Murray Hotel in Central has raised close to $1 billion by selling off its shareholdings in Facebook and Amazon.

… Read More>>

A Hong Kong landlord leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the owner of the … Read more>>>

tang shing bor

Hong Kong Shop King’s Try at HK$1.5B Sale Signals Shift to Senior Living

tang shing bor

2020/05/25 by Stephanie Li Leave a Comment

Hong Kong’s “Shop King”, Tang Shing-bor, has put a portfolio of commercial and residential properties on the market for a combined HK$1.5 billion ($190 million), according to a local news report.

Property consultancy Savills, which is marketing the Kowloon and… Read More>>

Hong Kong’s “Shop King”, Tang Shing-bor, has put a portfolio of commercial and residential properties on the market for … Read more>>>

ivan ho kailong

Kailong Sells 8 Floors in Central for HK$350M Despite HK Downturn

ivan ho kailong

2020/05/25 by Stephanie Li Leave a Comment

Real estate fund manager KaiLong is reported to have sold eight office floors in a commercial property in Hong Kong’s Sheung Wan neighbourhood for a combined HK$350 million ($45 million), as the Warburg Pincus-backed firm continues its strata sales strategy… Read More>>

Real estate fund manager KaiLong is reported to have sold eight office floors in a commercial property in Hong Kong’s … Read more>>>

Asia Real Estate People in the News 2020-05-25

2020/05/25 by James Hatton Leave a Comment

In this week’s edition of People in the News, a Morgan Stanley spinoff appoints a new head of real estate coverage for Asia Pacific, while the manager of a Keppel Capital-backed REIT has brought on board a former Maybank Kim Eng… Read More>>

In this week’s edition of People in the News, a Morgan Stanley spinoff appoints a new head of real estate coverage for … Read more>>>

Li Ka-shing

Top Hong Kong Developer Shares Fall More Than 5% as Beijing Preps Security Law  

Li Ka-shing

2020/05/24 by James Hatton Leave a Comment

Stocks in Hong Kong’s major developers, including Sun Hung Kai, CK Asset and Wheelock, plunged on Friday on the news that Beijing is planning to impose controversial national security laws in Hong Kong.

After China’s central government on Thursday announced… Read More>>

Stocks in Hong Kong’s major developers, including Sun Hung Kai, CK Asset and Wheelock, plunged on Friday on the news … Read more>>>

adrian cheng

New World Selling Commercial Space in Central for HK$500M

adrian cheng

2020/05/23 by Stephanie Li Leave a Comment

New World Development has agreed to sell the podium levels of the Cosco Tower in Hong Kong’s Sheung Wan area for 45 percent less than the property giant had been asking for the commercial property just three months ago, according… Read More>>

New World Development has agreed to sell the podium levels of the Cosco Tower in Hong Kong’s Sheung Wan area for 45 … Read more>>>

Bossini Shares Double as Li Ning Eyes Buyout and More Asia Real Estate Headlines

2020/05/23 by James Hatton Leave a Comment

A beleaguered fashion chain leads Mingtiandi’s roundup of Asia real estate headlines today with the news that the company’s share price has rallied on the news that Chinese gymnastics star Li Ning has offered to buy a 67 percent stake… Read More>>

A beleaguered fashion chain leads Mingtiandi’s roundup of Asia real estate headlines today with the news that the … Read more>>>

Samuel WT Chu and Benjamin KY Lee

Phoenix, Actis Consortium Sells Seoul Office Complex for KRW 546B

Samuel WT Chu and Benjamin KY Lee

2020/05/21 by James Hatton Leave a Comment

A consortium comprising Hong Kong’s Phoenix Property Investors, UK-based fund manager Actis and South Korean developer SK D&D has sold a two-tower office complex in southwestern Seoul for KRW 545.8 billion ($449.2 million).

The tri-national team offloaded the Young City… Read More>>

A consortium comprising Hong Kong’s Phoenix Property Investors, UK-based fund manager Actis and South Korean developer … Read more>>>

Oxley boss Ching Chiat Kwong

Oxley Announces S$315M Offer for Chevron House Podium in Singapore

Oxley boss Ching Chiat Kwong

2020/05/21 by James Hatton Leave a Comment

Oxley Holdings has received an expression of interest from an anonymous suitor to buy the retail and banking podium of Singapore’s Chevron House for S$315 million ($223 million), the company said this week, with the reported offer coming in 34… Read More>>

Oxley Holdings has received an expression of interest from an anonymous suitor to buy the retail and banking podium of … Read more>>>

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