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China Jinmao chairman Gao Ningning

China Jinmao Selling Xiamen Homes for Less Than Land Cost as Market Skids

China Jinmao chairman Gao Ningning

2018/11/20 by Emma Zhou Leave a Comment

Demand for homes is slipping in mainland China and state-owned China Jinmao Holdings seems to be finding out how low prices can go as the developer has begun selling homes at a project in Xiamen for less than the price… Read More>>

Demand for homes is slipping in mainland China and state-owned China Jinmao Holdings seems to be finding out how low … Read more>>>

Twelve Peaks

Peak Condo Sells for HK$667M and More Hong Kong Real Estate Headlines

Twelve Peaks

2018/11/20 by Dorothy Ma Leave a Comment

Leading today’s Hong Kong real estate news, home sales in the city may be sliding, but high-end shelter seems to still be attracting buyers as a condo on the Peak has sold for HK$667 million, setting a record high price… Read More>>

Leading today’s Hong Kong real estate news, home sales in the city may be sliding, but high-end shelter seems to still … Read more>>>

Goodwin Gaw

Gaw Sees Opportunity in Hong Kong’s Office Sector and More Asia Real Estate Headlines

Goodwin Gaw

2018/11/20 by Michael Cole Leave a Comment

Hong Kong’s property market may be heading into a rare slide but one of the city’s best-known property investors has one word for opportunity seekers – offices. That ray of sunshine from Gaw Capital chief Goodwin Gaw leads our real… Read More>>

Hong Kong’s property market may be heading into a rare slide but one of the city’s best-known property investors has one … Read more>>>

Ming Mei GLP THUMB

CPPIB, QuadReal Set Up €2 Bil European Logistics JV with GLP

Ming Mei GLP THUMB

2018/11/20 by Michael Cole Leave a Comment

Canadian pension fund managers CPPIB and QuadReal, together with warehouse developer Global Logistic Properties, have established a €2 billion ($2.29 billion) venture to invest in European logistics facilities, the three companies revealed in a joint announcement today.

Together the partners… Read More>>

Canadian pension fund managers CPPIB and QuadReal, together with warehouse developer Global Logistic Properties, have … Read more>>>

Kong Peng CIFI

Top 20 Mainland Developer CIFI Holdings Said Laying Off 8% of Staff Amid Market Slide

Kong Peng CIFI

2018/11/19 by Jan Kot 1 Comment

China’s sixteenth largest property developer by sales CIFI Holdings will cut up to eight percent of its workforce, according to a report on Friday in mainland news site thepaper.cn, as the developer fights for profitability amid China’s real estate slowdown.

… Read More>>

China’s sixteenth largest property developer by sales CIFI Holdings will cut up to eight percent of its workforce, … Read more>>>

Jin Yuanying Alibaba

Alibaba Co-Founders Buy Hong Kong Homes for $71.5M

Jin Yuanying Alibaba

2018/11/19 by Emma Zhou Leave a Comment

Two co-founders of mainland e-commerce giant Alibaba Group are reported to have purchased a pair of luxury apartments in a posh part of Hong Kong’s southern district for a total of HK$560 million ($71.5 million), according to an account in… Read More>>

Two co-founders of mainland e-commerce giant Alibaba Group are reported to have purchased a pair of luxury apartments in … Read more>>>

Kong Peng CIFI

Asia Real Estate People in the News 2018-11-19

Kong Peng CIFI

2018/11/19 by Michael Cole Leave a Comment

With just over one month to go in 2018 a few industry professionals are taking their year-end holidays a bit early as a pair of high ranking executives with mainland developers announce plans to take time off from their current… Read More>>

With just over one month to go in 2018 a few industry professionals are taking their year-end holidays a bit early as a … Read more>>>

Nine Queens Road Central

Floor in 9 QRC Sold for HK$600M and More Hong Kong Real Estate Headlines

Nine Queens Road Central

2018/11/18 by Dorothy Ma Leave a Comment

Leading today’s Hong Kong real estate news, grade A offices in Central continue to attract buyers despite the current downturn, with a floor in 9 Queen’s Road Central having sold for HK$43,662 per square foot. Meanwhile Shui On’s Vincent Lo… Read More>>

Leading today’s Hong Kong real estate news, grade A offices in Central continue to attract buyers despite the current … Read more>>>

Wanda Sells One Beverly Hills Project for a Reported $420M

2018/11/18 by Jan Kot Leave a Comment

Chinese billionaire Wang Jianlin has added a new chapter to the unwinding of his plans for a global real estate empire as reports last week confirmed that his Dalian Wanda Group had sold a prime Los Angeles site that was… Read More>>

Chinese billionaire Wang Jianlin has added a new chapter to the unwinding of his plans for a global real estate empire … Read more>>>

Wang Yao GICL

Hong Kong Home Sells for $23,000 Per Square Foot to Set New Asia Record

Wang Yao GICL

2018/11/18 by Emma Zhou Leave a Comment

A house in southern Hong Kong island was sold recently for a record-high price of HK$180,000 ($22,985) per square foot, topping the list of Hong Kong’s most expensive homes ever purchased, according to a report in the city’s Apple Daily.

… Read More>>

A house in southern Hong Kong island was sold recently for a record-high price of HK$180,000 ($22,985) per square foot, … Read more>>>

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