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MTR chief executive Jacob Kam

New CEO and Chairman at Hong Kong’s MTR and More Asia Real Estate Headlines

MTR chief executive Jacob Kam

2019/03/12 by Nina Suebsukcharoen Leave a Comment

The biggest Hong Kong landlord that most people have never heard will have new leadership soon after the MTR Corporation, which operates the city’s light rail network, announced late last week that it has appointed a new CEO and chairman…. Read More>>

The biggest Hong Kong landlord that most people have never heard will have new leadership soon after the MTR … Read more>>>

Alex Zheng_Mofang-tb

Warburg-Backed Mofang Apartments Raises $150M in Caisse-Led Funding Round

Alex Zheng_Mofang-tb

2019/03/12 by Michael Cole Leave a Comment

Warburg Pincus-backed Mofang Apartments has closed on a $150 million funding round, led by Canadian fund manager, Caisse de dépôt et placement du Québec (CDPQ), according to an announcement on Monday by the Shanghai-based apartment provider.

Mofang, which manages 70,000… Read More>>

Warburg Pincus-backed Mofang Apartments has closed on a $150 million funding round, led by Canadian fund manager, Caisse … Read more>>>

yu liang china vanke-tb

China Vanke Sales Slid 12% in February as Mainland Home Titans Pinched

yu liang china vanke-tb

2019/03/12 by Jan Kot Leave a Comment

Property sales by China’s top three developers slid in the first two months of 2019 compared to the same period last year as the companies brace for an uncertain year ahead.

Vanke, China’s second-largest real estate developer in 2018 in… Read More>>

Property sales by China’s top three developers slid in the first two months of 2019 compared to the same period last … Read more>>>

hellen wu

Asia Real Estate People in the News 2019-03-11

hellen wu

2019/03/11 by Nina Suebsukcharoen Leave a Comment

Mingtiandi’s survey of personnel moves in real estate firms across Asia this week leads off with another Hong Kong-listed developer finding top leadership close to home, although this Guangzhou builder at least ventured beyond blood ties for its latest board… Read More>>

Mingtiandi’s survey of personnel moves in real estate firms across Asia this week leads off with another Hong … Read more>>>

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>>>

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