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Cheung Kong Center

Mainland PE Firm Leases Office in HK’s Cheung Kong Center for HK$225 Per SqFt

Cheung Kong Center

2019/03/11 by Michael Cole Leave a Comment

With central banks growing more cautious on liquidity and political controversies making executives tread lightly, Hong Kong’s office market has been quiet so far this year. At until last week, when a mainland finance firm reportedly leased an office in… Read More>>

With central banks growing more cautious on liquidity and political controversies making executives tread lightly, Hong … Read more>>>

28 Barker Front

House on Hong Kong’s Peak Sells at 26% Discount as Market Struggles

28 Barker Front

2019/03/11 by Michael Cole Leave a Comment

A luxury house on Hong Kong’s Victoria Peak has reportedly sold at a 26.5 percent discount from the seller’s original asking price, after going unpurchased for the past seven months, according to local media accounts.

House No 5 at 28… Read More>>

A luxury house on Hong Kong’s Victoria Peak has reportedly sold at a 26.5 percent discount from the seller’s original … Read more>>>

Jacob Kam MTR

Hong Kong’s MTR to Launch Tender for HK$2.7B Lohas Park Site This Month

Jacob Kam MTR

2019/03/11 by Jan Kot Leave a Comment

Hong Kong’s MTR Corporation, is said to have launched a tender for a lot in the New Territories that could carry a land premium of HK$2.7 billion ($344 million) in what will be Hong Kong’s largest residential estate.

The sale… Read More>>

Hong Kong’s MTR Corporation, is said to have launched a tender for a lot in the New Territories that could carry a land … Read more>>>

Chris Heady Blackstone

Blackstone Buys HNA’s HKICIM for HK$7B

Chris Heady Blackstone

2019/03/10 by Michael Cole Leave a Comment

Funds managed by Blackstone have agreed to purchase a controlling stake in Hong Kong International Construction Investment Management Group Co. Ltd (HKICIM), the listed property subsidiary of China’s HNA Group, for HK$7.02 billion ($894.8 million), according to an announcement to… Read More>>

Funds managed by Blackstone have agreed to purchase a controlling stake in Hong Kong International Construction … Read more>>>

Shenzhen skyline

Shenzhen Lowers Mortgage Rates and More Asia Real Estate Headlines

Shenzhen skyline

2019/03/10 by Nina Suebsukcharoen Leave a Comment

Banks just across the border from Hong Kong have started lowering mortgage rates as quantitative easing starts seeping in China’s residential markets offering developers hope of a recovery after a year of tight monetary policy. Further south, the tiny city-state… Read More>>

Banks just across the border from Hong Kong have started lowering mortgage rates as quantitative easing starts seeping … Read more>>>

lin jiang greenland hotels

Greenland Hotels Signs Pair of Deals to Manage Thai Hospitality Projects

lin jiang greenland hotels

2019/03/10 by Jan Kot Leave a Comment

The hotel and tourism unit of Shanghai Greenland Group, one of China’s largest real estate developers, announced on March 6th that it has struck new partnerships with three Southeast Asian developers to accelerate the global expansion of its hotel management… Read More>>

The hotel and tourism unit of Shanghai Greenland Group, one of China’s largest real estate developers, announced on … Read more>>>

Chamtime plaza shanghai

Blackstone Said in Talks to Buy Pudong Commercial Complex for $1.5B

Chamtime plaza shanghai

2019/03/07 by Jan Kot Leave a Comment

Blackstone Group is said to be in talks to acquire Chamtime Plaza, a commercial complex in Shanghai’s Pudong district, in a deal that could be worth more than RMB 10 billion ($1.5 billion), according to an account by Bloomberg.

The… Read More>>

Blackstone Group is said to be in talks to acquire Chamtime Plaza, a commercial complex in Shanghai's Pudong district, … Read more>>>

Xu Jiayin Evergrande

Evergrande Expects Record 90% Jump in Core Profit for 2018

Xu Jiayin Evergrande

2019/03/07 by Jesus Alcocer Leave a Comment

Mainland developer China Evergrande Group said in an announcement to the Hong Kong stock exchange this week that it is likely to report a record 90 percent jump in core profit for 2018, thanks to an increase in the amount… Read More>>

Mainland developer China Evergrande Group said in an announcement to the Hong Kong stock exchange this week that it is … Read more>>>

HK$100B West Kowloon Site Expected to Bring JV Bids and More Asia Real Estate Headlines

2019/03/07 by Nina Suebsukcharoen Leave a Comment

All eyes are on a prime commercial site sitting atop West Kowloon’s high-speed rail terminus as developers line up joint bids for what should be Hong Kong’s most expensive property to ever go up for sale. Those quirky mainland millennials… Read More>>

All eyes are on a prime commercial site sitting atop West Kowloon’s high-speed rail terminus as developers line up joint … Read more>>>

Ray Lawler Hines

US Developer Hines Opens APAC Headquarters in Hong Kong

Ray Lawler Hines

2019/03/06 by Jan Kot Leave a Comment

Real estate developer Hines announced this week that it has opened an office in Hong Kong to serve as the Houston-based developer’s Asia Pacific headquarters and appointed company veteran Ray Lawler to lead an executive team for the region.

Lawler… Read More>>

Real estate developer Hines announced this week that it has opened an office in Hong Kong to serve as the Houston-based … Read more>>>

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