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Zuo Hui Lianjia

Tencent Leads $800M Funding Round for Mainland Property Listings Platform Beike

Zuo Hui Lianjia

2019/03/27 by Jan Kot Leave a Comment

Chinese online property listing platform Beike Zhaofang has secured $800 million in funding from investors led by Internet giant Tencent, according to Chinese media reports.

The ultimate target funding amount for Beike, which was launched by Chinese brokerage giant Lianjia… Read More>>

Chinese online property listing platform Beike Zhaofang has secured $800 million in funding from investors led by … Read more>>>

Payson Cha Hanison

Hanison Said to Offer HK$1.9B for Kingboard’s Hong Kong Office Block

Payson Cha Hanison

2019/03/27 by James Hatton Leave a Comment

A 32-storey commercial building in Hong Kong’s Sheung Wan area is on the verge of being sold for HK$1.9 billion ($242 million) according to local media reports this week, despite the city’s office market during the first quarter of 2019… Read More>>

A 32-storey commercial building in Hong Kong’s Sheung Wan area is on the verge of being sold for HK$1.9 billion ($242 … Read more>>>

Ronnie Chan Hang Lung

Hang Lung Buys Out Kowloon East Industrial Building at HK$2.08B Valuation

Ronnie Chan Hang Lung

2019/03/27 by Jan Kot Leave a Comment

Hang Lung Properties bought out the remaining space that it did not yet own in a 68-year-old industrial building in Kowloon East this week, clearing the way for the Hong Kong-listed builder plans to redevelop the site into a residential… Read More>>

Hang Lung Properties bought out the remaining space that it did not yet own in a 68-year-old industrial building in … Read more>>>

Xu Jiayin Evergrande

Hong Kong Housing Dip is Done, Analysts Say and More Asia Real Estate Headlines

Xu Jiayin Evergrande

2019/03/27 by Michael Cole Leave a Comment

The biggest industry in Asia’s biggest wealthiest city is back on the rise according to a straw poll of property analysts, which puts their prediction of higher prices on the way for Hong Kong housing at the top of Mingtiandi’s… Read More>>

The biggest industry in Asia’s biggest wealthiest city is back on the rise according to a straw poll of property … Read more>>>

Alpha Investment Partners CEO Alvin Mah

Keppel Land, Alpha Acquire RMB 4.6B Shanghai Yi Fang Tower

Alpha Investment Partners CEO Alvin Mah

2019/03/27 by James Hatton 2 Comments

Keppel Capital and Keppel Land, along with a consortium of co-investors have signed an agreement to acquire 100 percent of the equity in a recently completed commercial development in Shanghai’s Hongkou district for RMB 4.6 billion ($686 million), according to… Read More>>

Keppel Capital and Keppel Land, along with a consortium of co-investors have signed an agreement to acquire 100 percent … Read more>>>

Robert Kuok

Kerry-Allgreen JV Pays S$700M for Rights to SG Resi-Retail Project

Robert Kuok

2019/03/26 by James Hatton Leave a Comment

A pair of developers owned by Malaysian tycoon Robert Kuok have secured a prime mixed-use site in Singapore for S$700 million ($518 million), according to Singapore’s Housing and Development Board.

In the final round of a two phase tender, the… Read More>>

A pair of developers owned by Malaysian tycoon Robert Kuok have secured a prime mixed-use site in Singapore for S$700 … Read more>>>

Huang Qishen Tahoe

Tahoe Sells Jiangxi Stake to Shimao to Beat Bond Deadline and More Asia Real Estate Headlines

Huang Qishen Tahoe

2019/03/26 by Michael Cole Leave a Comment

Financial drama leads the real estate news from China today as Tahoe Group announces the sale of another project stake to Shimao in its race to meet a Thursday deadline for repaying investors in a RMB 3 billion bond.

In… Read More>>

Financial drama leads the real estate news from China today as Tahoe Group announces the sale of another project stake … Read more>>>

Huang Qisen Tahoe Group

Tahoe Sells Stake in Hangzhou Project in Scramble to Repay RMB 3B Bond This Week

Huang Qisen Tahoe Group

2019/03/25 by Michael Cole Leave a Comment

Facing a 28 March deadline to repay principal and interest on a RMB 3 billion ($450 million) bond, Tahoe Group issued a statement to the Shenzhen stock exchange today reassuring investors that the financially troubled mainland developer would be able… Read More>>

Facing a 28 March deadline to repay principal and interest on a RMB 3 billion ($450 million) bond, Tahoe Group issued a … Read more>>>

Kwok Ying Lan Yuzhou

Yuzhou Properties Buys HK Office Floor From Chairman’s Wife for HK$898M

Kwok Ying Lan Yuzhou

2019/03/25 by Jan Kot Leave a Comment

Members of the consortium that paid nearly $5.2 billion to purchase the Center on Hong Kong’s Queen’s Road in 2017 have been struggling in the city’s current market slowdown, but an announcement this week indicates that one of the wealthy… Read More>>

Members of the consortium that paid nearly $5.2 billion to purchase the Center on Hong Kong's Queen's Road in 2017 have … Read more>>>

Bernadette Linn Director of Lands

Kai Tak Residential Site Gets Six Bids From 10 Hong Kong Developers

Bernadette Linn Director of Lands

2019/03/24 by Jan Kot Leave a Comment

Hong Kong’s Lands Department announced on March 22 that it had received six bids from a total of 10 developers for a 103,150 square foot (9,583 square meter) residential plot on the site of the city’s former Kai Tak Airport.

… Read More>>

Hong Kong’s Lands Department announced on March 22 that it had received six bids from a total of 10 developers for a … Read more>>>

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