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Paul Chan

Land Rush Spurs HK$138B City Budget Surplus and More Hong Kong Real Estate Headlines

Paul Chan

2018/02/28 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, last year’s bumper crop of land sales helped fuel a budget surplus of HK$138 billion ($17.6 billion) — and Hong Kong’s wealthy land owners will be reassured that this too will work in… Read More>>

Leading today’s Hong Kong real estate news, last year’s bumper crop of land sales helped fuel a budget surplus of HK$138 … Read more>>>

Vinamra Srivastava Ascendas-Singbridge

Ascendas-Singbridge Names Vinamra Srivastava CEO of India Operations

Vinamra Srivastava Ascendas-Singbridge

2018/02/28 by Greg Isaacson Leave a Comment

Ascendas-Singbridge has named Vinamra Srivastava as Chief Executive Officer for its India Operations and Private Funds, effective April 1, as the Singaporean business park builder gears up for a new chapter of growth in India’s property sector.

Srivastava joined the… Read More>>

Ascendas-Singbridge has named Vinamra Srivastava as Chief Executive Officer for its India Operations and Private Funds, … Read more>>>

Hui Wing Mau

Center Buyer Said Selling Stake in $5.2B HK Office Tower to Hui Wing Mau, Pollyanna Chu

Hui Wing Mau

2018/02/27 by Michael Cole Leave a Comment

As China’s biggest investors were warned off from overseas deals last year and a crackdown on outbound cash killed off cross-border real estate acquisition, Hong Kong still seemed a safe-haven for mainland money. But nothing changes faster in 2018 than… Read More>>

As China’s biggest investors were warned off from overseas deals last year and a crackdown on outbound cash killed off … Read more>>>

Shanghai Awards Site for $8B Pudong Commercial Complex to SOE Duo for $2.2B

2018/02/27 by Shawna Kwan Leave a Comment

Shanghai’s government has awarded a deal for a RMB 50 billion ($7.9 billion) commercial complex — bigger than New York’s Grand Central Terminal — to a consortium of local state-run firms as the city prepares for yet another commercial hub… Read More>>

Shanghai's government has awarded a deal for a RMB 50 billion ($7.9 billion) commercial complex -- bigger than New … Read more>>>

Raffles City Chongqing CapitaLand

CapitaLand Builds World’s Highest Sky Bridge for $3.8B Raffles City Chongqing

Raffles City Chongqing CapitaLand

2018/02/27 by Greg Isaacson Leave a Comment

Singapore’s CapitaLand now holds a world record for the curved, 300 metre sky bridge atop its RMB 24 billion ($3.8 billion) multi-tower mega-project in the western Chinese city of Chongqing.

Designed by Boston-based architect Moshe Safdie, the eight-skyscraper Raffles City… Read More>>

Singapore's CapitaLand now holds a world record for the curved, 300 metre sky bridge atop its RMB 24 billion ($3.8 … Read more>>>

China construction

Home Prices Slip in 11 Major Mainland Cities and More Asia Real Estate Headlines

China construction

2018/02/27 by Greg Isaacson Leave a Comment

Leading today’s news roundup, home prices slid in 11 of China’s biggest cities in January, as smaller conurbations continued to climb. Also in the headlines, prime office rents in Singapore’s downtown core are believed to have hit bottom at S$9… Read More>>

Leading today's news roundup, home prices slid in 11 of China's biggest cities in January, as smaller conurbations … Read more>>>

Li Ka-shing

CK Asset Sold HK$53B in Flats Last Year and More Hong Kong Real Estate Headlines

Li Ka-shing

2018/02/27 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, Li Ka-shing’s CK Asset Holdings achieved record-high sales for the industry last year by moving HK$53 billion in flats. Also in the headlines, mainland developers have changed their land-buying tactics in the city… Read More>>

Leading today’s Hong Kong real estate news, Li Ka-shing’s CK Asset Holdings achieved record-high sales for the industry … Read more>>>

Chairman of Ping An Insurance (Group) Peter Ma Mingzhe (Getty Images) 16 August 2006

China’s CIRC Follows Anbang Takeover with Ping An Punishment in Outbound Investment Crackdown

Chairman of Ping An Insurance (Group) Peter Ma Mingzhe (Getty Images) 16 August 2006

2018/02/26 by Shawna Kwan 2 Comments

Chinese insurers’ $15 billion overseas real estate shopping spree may go on the endangered list, as the country’s insurance regulator reprimanded three major insurers for illicit cross-border investments Saturday. The move is part of the regulator’s efforts in reining in… Read More>>

Chinese insurers’ $15 billion overseas real estate shopping spree may go on the endangered list, as the country’s … Read more>>>

GIC, Vanke Win Shanghai Shopping Mall Site for $111M

2018/02/26 by Shawna Kwan Leave a Comment

Singapore’s sovereign wealth fund GIC has teamed up with homebuilder China Vanke to win a plot of land in Shanghai for RMB 702 million ($111 million), which the partners plan to develop into a high-end shopping centre.

GIC subsidiary RECO… Read More>>

Singapore's sovereign wealth fund GIC has teamed up with homebuilder China Vanke to win a plot of land in Shanghai for … Read more>>>

Asia Real Estate People in the News 2018-02-26

2018/02/26 by Greg Isaacson Leave a Comment

Leading this week’s edition of People in the News, a senior executive responsible for marketing Wanda’s sprawling overseas portfolio has moved to London to take up a parallel role with real estate heavyweight R&F. Another property pro is packing her… Read More>>

Leading this week's edition of People in the News, a senior executive responsible for marketing Wanda's sprawling … Read more>>>

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