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Tsuen Wan Clothing store

Shop in Suburban Hong Kong Mall Sells for Over US$28K Per Square Foot

Tsuen Wan Clothing store

2018/07/28 by Rafiaa Rumjahn Leave a Comment

As property prices in Hong Kong continue to surge, even 20 square metre shops 17 kilometres from downtown are trading at record prices as the world-leading rates from Hong Kong island are pulling up markets more than half an hour’s… Read More>>

As property prices in Hong Kong continue to surge, even 20 square metre shops 17 kilometres from downtown are trading at … Read more>>>

raymond tsoi

Investor in Hong Kong’s The Center Announces Plan to Sell Single Floor in 12 Pieces

raymond tsoi

2018/07/28 by Rafiaa Rumjahn Leave a Comment

Another member of the consortium behind last year’s landmark HK$40.2 billion ($5.15 billion) acquisition of the Center on Hong Kong’s Queen’s Road is getting ready to flip his floor of the iconic office tower — but not before slicing it… Read More>>

Another member of the consortium behind last year's landmark HK$40.2 billion ($5.15 billion) acquisition of the Center … Read more>>>

M&G Centropolis

M&G Confirms $1B Buy of Seoul’s Centropolis — Largest Korean Property Deal Ever

M&G Centropolis

2018/07/26 by Richard Meyer Leave a Comment

M&G Real Estate, together with a pair of Korean pension funds, has purchased Centropolis Towers in Seoul for 1.18 trillion won ($1 billion). The transaction, the largest single real estate deal in the country’s history, was completed as the office… Read More>>

M&G Real Estate, together with a pair of Korean pension funds, has purchased Centropolis Towers in Seoul for 1.18 … Read more>>>

Pansy Ho Shun Tak

Pansy Ho Makes Record-Setting HK$900M Purchase of Pad on HK’s Peak

Pansy Ho Shun Tak

2018/07/26 by Rafiaa Rumjahn 1 Comment

Shun Tak Holdings managing director Pansy Ho was revealed on Thursday to have bought a luxury house at 28 Gough Hill Road on Hong Kong’s Victoria Peak for HK$900 million ($114.69 million), the highest square-foot price in Asia for a… Read More>>

Shun Tak Holdings managing director Pansy Ho was revealed on Thursday to have bought a luxury house at 28 Gough Hill … Read more>>>

Mumbai India

KKR Said Investing $262M in Trio of Mumbai Real Estate Deals

Mumbai India

2018/07/26 by Matt Haldane Leave a Comment

Private equity firm KKR is expanding its real estate investment in India by putting 18 billion Indian rupees (about $262 million) into three projects across greater Mumbai, according to the Economic Times. The firm is said to be investing about… Read More>>

Private equity firm KKR is expanding its real estate investment in India by putting 18 billion Indian rupees (about $262 … Read more>>>

Stephen Schwarzman

Blackstone Picks BOA, MS, JPM for $1B India REIT and More Asia Real Estate Headlines

Stephen Schwarzman

2018/07/26 by Michael Cole Leave a Comment

US alternative investment giant Blackstone leads the region’s real estate news again today as the New York-based firm lines up banks to back an upcoming India REIT listing. Also in our headline roundup, the family behind Singapore’s Far East Organisation… Read More>>

US alternative investment giant Blackstone leads the region’s real estate news again today as the New York-based firm … Read more>>>

Henry Cheng Chongbang

Chongbang Buys Commercial Site on Shanghai’s Sichuan Road for RMB 7.1B

Henry Cheng Chongbang

2018/07/26 by Michael Cole Leave a Comment

Henry Cheng’s Chongbang Group has purchased a commercial site in Shanghai’s Hongkou district for RMB 7.1 billion ($1.05 billion), according to records from the city’s Land Transaction Market website.

The developer, which was founded by former Shui On Land executive… Read More>>

Henry Cheng’s Chongbang Group has purchased a commercial site in Shanghai’s Hongkou district for RMB 7.1 billion ($1.05 … Read more>>>

Ken Ng Angelo Gordon

Angelo Gordon, Chellaram’s Aim for 37% Profit Just Six Months After Buying Kowloon Assets

Ken Ng Angelo Gordon

2018/07/25 by Rafiaa Rumjahn Leave a Comment

Angelo, Gordon & Co and the family behind the Chellaram trading and transport company are offering to sell a set of three office floors in Kowloon East for around 37 percent more than they paid to purchase them… Read More>>

Angelo, Gordon & Co and the family behind the Chellaram trading and transport company are offering to sell a set of … Read more>>>

Goodwin Gaw

Gaw Capital JV Buys 50% Stake in Spanish Hotel Chain for €125M

Goodwin Gaw

2018/07/25 by Rafiaa Rumjahn Leave a Comment

Gaw Capital Partners announced on Wednesday its €125-million ($146 million) acquisition of a 50 percent stake in Spain’s Hospes Hotel Group through a joint venture formed by its European Hospitality Fund I and Spanish investment company Omega Capital, as the… Read More>>

Gaw Capital Partners announced on Wednesday its €125-million ($146 million) acquisition of a 50 percent stake in Spain’s … Read more>>>

Song Guangju Poly Real Estate

Poly Spent RMB 10.1B on Mainland Sites in One Day and More Asia Real Estate Headlines

Song Guangju Poly Real Estate

2018/07/25 by Michael Cole Leave a Comment

While the number of bids for mainland housing sites seems to be falling off the map, it’s clear that some of the biggest developers still have cash for sites after state-owned Poly spend nearly $1.5 billion to buy a pair… Read More>>

While the number of bids for mainland housing sites seems to be falling off the map, it’s clear that some of the biggest … Read more>>>

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