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The Center, Central, Hong Kong

KR Space Balks at Lease in the Center and More Hong Kong Real Estate Headlines

The Center, Central, Hong Kong

2018/12/19 by Dorothy Ma Leave a Comment

Leading today’s Hong Kong real estate news, shared workspace provider KR Space has balked at paying HK$4.3 million monthly for office space it had planned to rent at The Center on Queen’s Road, with a report in the Apple Daily… Read More>>

Leading today’s Hong Kong real estate news, shared workspace provider KR Space has balked at paying HK$4.3 million … Read more>>>

Heze Shandong

Shandong City Lifts Ban on Flat Flipping and More Asia Real Estate Headlines

Heze Shandong

2018/12/19 by Michael Cole Leave a Comment

In each cycle of policy restrictions and market slowdowns mainland municipal governments squeezed by falling revenues look to test the limits of Beijing’s tolerance, with a city in Shandong province testing the strength of that leash today. Also in the… Read More>>

In each cycle of policy restrictions and market slowdowns mainland municipal governments squeezed by falling revenues … Read more>>>

Gaw Capital in $800M China Rental Apartment Venture with SCE

2018/12/19 by Emma Zhou Leave a Comment

Hong Kong private equity firm Gaw Capital and property developer China SCE Group Holdings have agreed to establish a long-term rental apartment investment platform in China backed by initial funding of $800 million, China SCE has announced.

The joint venture aims… Read More>>

Hong Kong private equity firm Gaw Capital and property developer China SCE Group Holdings have agreed to establish a … Read more>>>

Christian Lee WeWork-02

WeWork Launches Lan Kwai Fong Tower Location in Hong Kong’s Central

Christian Lee WeWork-02

2018/12/18 by Jan Kot Leave a Comment

The world’s most valuable co-working provider launched its WeWork LKF Tower on Tuesday in Hong Kong’s famed nightlife district, Lan Kwai Fong.

The $42 billion shared space startup’s latest centre is housed in the former Hotel LKF at 33 Wyndham… Read More>>

The world’s most valuable co-working provider launched its WeWork LKF Tower on Tuesday in Hong Kong’s famed nightlife … Read more>>>

yuan linjiang china reinsurance

Sunac JV Selling Pudong Commercial Project to CIC Insurance Unit for RMB 3.1B

yuan linjiang china reinsurance

2018/12/18 by Emma Zhou Leave a Comment

A joint venture invested by Sunac China is selling an under-construction commercial project in Shanghai’s Lujiazui area to an insurer controlled by mainland sovereign wealth fund CIC for RMB 3.09 billion ($390 million), according to an announcement to the Hong… Read More>>

A joint venture invested by Sunac China is selling an under-construction commercial project in Shanghai’s Lujiazui area … Read more>>>

KPF’s Lotte World Tower in Seoul Wins Super Skyscraper Title

2018/12/18 by Vincent Morkri Leave a Comment

The cloud-breaching Lotte World Tower in Seoul has been recognized as the best new skyscraper in the world, beating out Zaha Hadid Architects’ Generali Tower in Milan and 150 North Riverside Plaza in Chicago.

The tapered 555-metre, 123-storey glass and… Read More>>

The cloud-breaching Lotte World Tower in Seoul has been recognized as the best new skyscraper in the world, beating out … Read more>>>

Aropa hotel Seoul

Singaporean Investor Buys Seoul Hotel for $31M

Aropa hotel Seoul

2018/12/18 by Vincent Morkri Leave a Comment

Singapore-listed Datapulse Technology has announced that it has agreed to purchase the 127-room Hotel Aropa in Seoul for KRW 35 billion ($31 million), becoming the second Singaporean firm within the past month to acquire a Korean hotel, despite fears of… Read More>>

Singapore-listed Datapulse Technology has announced that it has agreed to purchase the 127-room Hotel Aropa in Seoul for … Read more>>>

3 Orchard By-The-Park by YTL Land

Singapore New Private Home Sales Jump 52% and More Asia Real Estate Headlines

3 Orchard By-The-Park by YTL Land

2018/12/18 by Michael Cole Leave a Comment

At the top of today’s real estate news, Singapore’s housing market seems to have already absorbed the shock of the latest government tax measures, with buyers returning to showrooms last month following a dearth of new project launches in October…. Read More>>

At the top of today’s real estate news, Singapore’s housing market seems to have already absorbed the shock of the … Read more>>>

Hu hao longfor

Asia Real Estate People in the News 2018-12-17

Hu hao longfor

2018/12/17 by Vincent Morkri Leave a Comment

Two key executives at major mainland Chinese developers were reported by mainland media to have resigned their jobs recently as the outlook for China’s property market continues to sour, while one notable CEO started his new role at Cushman &… Read More>>

Two key executives at major mainland Chinese developers were reported by mainland media to have resigned their jobs … Read more>>>

Wang Jianlin PLA

Wanda Looks to Cash In on Red Tourism With $1.74B Communist Party Theme Park

Wang Jianlin PLA

2018/12/17 by Emma Zhou 1 Comment

Property conglomerate Wanda Group has announced the signing of an agreement with the municipal government of Yan’an, in the remote reaches of Shaanxi province, to build a Communist Party theme park in the city recognised as the birthplace of China’s communist… Read More>>

Property conglomerate Wanda Group has announced the signing of an agreement with the municipal government of Yan'an, in … Read more>>>

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