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Yoo Residence Causeway Bay

HNA Sells Hong Kong Properties at 30% Discount

Yoo Residence Causeway Bay

2018/12/15 by Emma Zhou Leave a Comment

Distressed mainland conglomerate HNA Group has reportedly taken a big loss on properties it owned in Hong Kong’s Causeway Bay district, selling them off this past week for HK$70 million less than what it paid for them just last year.

… Read More>>

Distressed mainland conglomerate HNA Group has reportedly taken a big loss on properties it owned in Hong Kong’s … Read more>>>

Kwok Kong Tong sunevision

SHK’s SUNeVision Wins Hong Kong Data Centre Site for HK$5.4B

Kwok Kong Tong sunevision

2018/12/15 by Emma Zhou Leave a Comment

SUNeVision Holdings, a subsidiary of property giant Sun Hung Kai Properties, has won the tender for a data centre site in Hong Kong’s Tseung Kwan O district for HK$5.456 billion ($700 million), outbidding six other developers.

An announcement by the… Read More>>

SUNeVision Holdings, a subsidiary of property giant Sun Hung Kai Properties, has won the tender for a data centre site … Read more>>>

Spire London Greenland

Greenland Group Retreats From Plans for Spire London and More Asia Real Estate News

Spire London Greenland

2018/12/15 by Michael Cole Leave a Comment

The unwinding of China’s mega-investors leads the news again today as Shanghai-based Greenland Group pauses to reconsider its quest to build London’s tallest residential tower, and a policy bank controlled by the central government takes control of HNA’s ongoing asset liquidation…. Read More>>

The unwinding of China’s mega-investors leads the news again today as Shanghai-based Greenland Group pauses to … Read more>>>

Russell Street Causeway Bay

Sasa Cashes in on Causeway Bay 65% Off Sale and More Hong Kong Real Estate Headlines

Russell Street Causeway Bay

2018/12/15 by Dorothy Ma Leave a Comment

Leading today’s Hong Kong real estate news, local cosmetics retailer Sasa is ready to celebrate Christmas with shoppers in Causeway Bay by taking advantage of 65 percent discounts available on new leases on the world’s most expensive retail street. Meanwhile,… Read More>>

Leading today’s Hong Kong real estate news, local cosmetics retailer Sasa is ready to celebrate Christmas with shoppers … Read more>>>

David Schaefer

AEW JV Buys Beijing Office Tower From Hopson for RMB 4.5B — Exclusive

David Schaefer

2018/12/14 by Jan Kot Leave a Comment

A joint venture led by real estate investment manager AEW has purchased a 21-storey office tower in Beijing for a total compensation of RMB 4.5 billion ($654 million), according to sources familiar with the transaction who spoke with Mingtiandi.

AEW joined… Read More>>

A joint venture led by real estate investment manager AEW has purchased a 21-storey office tower in Beijing for a total … Read more>>>

Jim Yip Cushman

Jim Yip Joins JLL as Head of Capital Markets for China

Jim Yip Cushman

2018/12/14 by Michael Cole Leave a Comment

JLL today announced that it has brought on board Jim Yip as the property consultancy’s new head of capital markets for China, with the former Cushman & Wakefield executive scheduled to take on his duties with the firm as of… Read More>>

JLL today announced that it has brought on board Jim Yip as the property consultancy’s new head of capital markets for … Read more>>>

Xuewen

CFLD Gets RMB 6B Funding Injection From Ping An

Xuewen

2018/12/13 by Emma Zhou Leave a Comment

China Fortune Land Development (CFLD) has announced to the Shanghai Stock Exchange that it will accept debt financing of up to RMB 6 billion ($870 million) from Ping An Asset Management, the second-largest shareholder in the developer and a unit… Read More>>

China Fortune Land Development (CFLD) has announced to the Shanghai Stock Exchange that it will accept debt financing of … Read more>>>

Hong Kong housing

Citi Survey Says 57% of Hong Kongers Expect Home Prices to Drop in 2019

Hong Kong housing

2018/12/13 by Vincent Morkri Leave a Comment

Most Hong Kong homeowners now expect home prices to drop over the next 12 months, a sharp increase over the 29 percent who foresaw a declining market in the previous quarter and the 9 percent who had the same expectations… Read More>>

Most Hong Kong homeowners now expect home prices to drop over the next 12 months, a sharp increase over the 29 percent … Read more>>>

Thomas Wels UBS

UBS, APG Set Up Japan Multi-Family Venture and More Asia Real Estate Headlines

Thomas Wels UBS

2018/12/13 by Michael Cole Leave a Comment

Leading today’s real estate headlines, the global search for yield takes a Dutch pension fund and a Swiss asset manager into Japan’s rental apartment market for a new $175 million venture. A bit closer to the equator, US private equity… Read More>>

Leading today’s real estate headlines, the global search for yield takes a Dutch pension fund and a Swiss asset manager … Read more>>>

Tiny Flat Frenzy Goes Bust and More Hong Kong Real Estate Headlines

2018/12/13 by Dorothy Ma Leave a Comment

The era when Hong Kong residents loved buying — and living in — apartments the size of most kitchens found in ordinary US homes appears to be over. If ever there was an indicator that Hong Kong’s decade-plus run of… Read More>>

The era when Hong Kong residents loved buying -- and living in -- apartments the size of most kitchens found in ordinary … Read more>>>

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