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Xu Jiayin Evergrande

Evergrande Hopes to Pawn Hong Kong Office Tower in Return for $1.5B Loan

Xu Jiayin Evergrande

2018/10/23 by Jan Kot Leave a Comment

The mainland’s largest developer by sales in 2017, China Evergrande Group, is resorting to pawning its most valuable offshore asset in an effort to raise $1.5 billion to pay down its debt and make dividend payments, according to a Reuters… Read More>>

The mainland's largest developer by sales in 2017, China Evergrande Group, is resorting to pawning its most valuable … Read more>>>

William Chan Rykadan Capital

Rykadan Capital Forces Compulsory Sale of HK$315M Wanchai Property

William Chan Rykadan Capital

2018/10/23 by Emma Zhou Leave a Comment

Hong Kong-listed Rykadan Capital has taken a major step towards developing a 30-storey commercial tower in the city’s Wanchai district after buying up nearly 90 percent of an aging building on Jaffe Road two MTR stations east of Central.

The… Read More>>

Hong Kong-listed Rykadan Capital has taken a major step towards developing a 30-storey commercial tower in the city’s … Read more>>>

China Railway Construction boss Chen Fengjian

China Railway Construction Stars as Beijing Sells Trio of Sites for RMB 7.9B

China Railway Construction boss Chen Fengjian

2018/10/23 by Jan Kot Leave a Comment

Restrictions on China’s real estate market have not completely snuffed out developer demand for new sites, as Beijing last week successfully sold a trio of suburban land plots, fattening the city’s coffers by a total of RMB 7.95 billion ($114.72… Read More>>

Restrictions on China’s real estate market have not completely snuffed out developer demand for new sites, as Beijing … Read more>>>

Phil Pearce ESR

ESR Wins Approval for A$693M Aussie Takeover and More Asia Real Estate Headlines

Phil Pearce ESR

2018/10/23 by Michael Cole Leave a Comment

Australia and Thailand lead today’s hottest real estate news stories from around the region as warehouse developer ESR wins another battle in its plan to expand its shed empire and a Singaporean developer goes hotel shopping in Perth. Back in… Read More>>

Australia and Thailand lead today’s hottest real estate news stories from around the region as warehouse developer ESR … Read more>>>

pony ma tencent

Tencent Ties Up with Sun Hung Kai to Push Mobile Payment in Hong Kong

pony ma tencent

2018/10/22 by Emma Zhou Leave a Comment

Technology giant Tencent has expanded its network of cooperation agreements with property firms to Hong Kong with the maker of the mainland’s ubiquitous WeChat app last week announcing a partnership with Sun Hung Kai Properties.

Tencent is now working with… Read More>>

Technology giant Tencent has expanded its network of cooperation agreements with property firms to Hong Kong with the … Read more>>>

xu jiayin one

Xu Jiayin Ranks as China’s Richest Property Person for Second Straight Year

xu jiayin one

2018/10/22 by Emma Zhou Leave a Comment

China Evergrande Real Estate chairman and CEO Xu Jiayin leads the ranks of the mainland’s wealthiest real estate people for the second year in a row with assets estimated at RMB 215 billion ($31 billion), according to the annual Hurun Report… Read More>>

China Evergrande Real Estate chairman and CEO Xu Jiayin leads the ranks of the mainland's wealthiest real estate … Read more>>>

Shenzhen Haihang City

HNA Announces RMB 1.39B Sale of Shenzhen Commercial Project

Shenzhen Haihang City

2018/10/22 by Emma Zhou Leave a Comment

Continuing an asset disposal plan that aims to sell off as much as $11 billion worth of real estate by the end of 2019, HNA Infrastructure Investment Group, an affiliate of the troubled mainland transportation conglomerate, this week announced that… Read More>>

Continuing an asset disposal plan that aims to sell off as much as $11 billion worth of real estate by the end of 2019, … Read more>>>

adam-slater 2

Asia Real Estate People in the News 2018-10-22

adam-slater 2

2018/10/22 by Michael Cole Leave a Comment

The world of valuations gets a bit of attention in this week’s collection of real estate professionals finding new roles around the region as JLL hires away a veteran valuer from rival Savills in Singapore. Sheds also figure into this… Read More>>

The world of valuations gets a bit of attention in this week’s collection of real estate professionals finding new roles … Read more>>>

lee-kok-sun GIC

GIC Said to Buy Perth’s Exchange Tower for A$320M

lee-kok-sun GIC

2018/10/21 by Jan Kot Leave a Comment

Singapore’s sovereign wealth fund GIC is said to have successfully won a tender for a prime office building in Perth, Australia, paying more than A$320 million ($228 million) to the building’s existing joint owners AMP Capital and Primewest, according to… Read More>>

Singapore’s sovereign wealth fund GIC is said to have successfully won a tender for a prime office building in Perth, … Read more>>>

Walter Kwok

Former SHK Chairman Walter Kwok Dies at 68

Walter Kwok

2018/10/21 by Michael Cole Leave a Comment

Walter Kwok, once the chairman of Hong Kong’s largest property developer, Sun Hung Kai, passed away Saturday morning in the city’s Adventist Hospital, according to a report in the South China Morning Post.

The death of Kwok, who inherited part… Read More>>

Walter Kwok, once the chairman of Hong Kong’s largest property developer, Sun Hung Kai, passed away Saturday morning in … Read more>>>

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