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Xiong Lin Ziroom

Warburg Pincus, Sequoia and Tencent Lead RMB 4B Investment in Rental Housing Unicorn Ziroom

Xiong Lin Ziroom

2018/01/17 by Shawna Kwan Leave a Comment

Chinese rental apartment provider Ziroom has raised RMB 4 billion ($621 million) in a series A financing round — the largest amount secured by a rental housing firm in the country, according to an article published on its official Wechat… Read More>>

Chinese rental apartment provider Ziroom has raised RMB 4 billion ($621 million) in a series A financing round -- the … Read more>>>

Andrew Moore Pamfleet

Pamfleet Sells Hong Kong Office Building for $217M After Leasing to naked Hub

Andrew Moore Pamfleet

2018/01/17 by Shawna Kwan Leave a Comment

Andrew Moore’s Pamfleet is reported to have sold the Bonham Circus office building in Sheung Wan for HK$1.7 billion ($217 million), making a profit of HK$700 million ($89 million) in less than two years.

The buyer, which market sources indicate… Read More>>

Andrew Moore’s Pamfleet is reported to have sold the Bonham Circus office building in Sheung Wan for HK$1.7 billion … Read more>>>

Dalian Wanda Wang Jianlin

Wanda Leaves London at a Loss, Selling One Nine Elms Site for $82M

Dalian Wanda Wang Jianlin

2018/01/17 by Greg Isaacson Leave a Comment

Dalian Wanda Group continues to scale back its overseas empire, selling its flagship billion-dollar London project for £59 million ($81.5 million) just under four years after buying the site in south London’s Vauxhall area for £88.8 million.

Two units of the… Read More>>

Dalian Wanda Group continues to scale back its overseas empire, selling its flagship billion-dollar London project for … Read more>>>

Lan Kwai Fong Central

Hong Kong Expats Now Facing Home Rental Prices Double Singapore’s

Lan Kwai Fong Central

2018/01/17 by Shawna Kwan 2 Comments

For residents suffering through a New York winter, or commuting on the tube in London, Hong Kong seems glamorous — walking down the streets in skyscrapers-filled Central, partying in nightlife hotspot Lan Kwai Fong or getting a tan beside… Read More>>

For residents suffering through a New York winter, or commuting on the tube in London, Hong Kong seems glamorous -- … Read more>>>

Longan Lin Yuzhou Properties Lam Long On

Yuzhou Properties Buys Seven Mainland Projects for $591M

Longan Lin Yuzhou Properties Lam Long On

2018/01/17 by Shawna Kwan Leave a Comment

Chinese developer Yuzhou Properties said on Monday it would buy seven mainland projects from competitor Coastal Greenland for RMB 3.8 billion ($591 million), according to a filing to the Hong Kong stock exchange.

The portfolio, which spans more than 3.13… Read More>>

Chinese developer Yuzhou Properties said on Monday it would buy seven mainland projects from competitor Coastal … Read more>>>

Investor Tries for $25M Profit in 7 Months on Floor in HK’s World-Wide House

2018/01/17 by Shawna Kwan Leave a Comment

A floor in Central’s World-Wide House, one block away from Hong Kong’s Exchange Square, is reported to be open to tender with an asking price of HK$800 million ($102 million). The seller bought the property in July of last year,… Read More>>

A floor in Central’s World-Wide House, one block away from Hong Kong’s Exchange Square, is reported to be open to tender … Read more>>>

Bingobox Chinese automated convenience store

China’s Country Garden Raises $3B To Pare Debt and More Asia Real Estate Headlines

Bingobox Chinese automated convenience store

2018/01/17 by Greg Isaacson Leave a Comment

Leading today’s roundup, China’s biggest developer by sales announced a $3 billion fund-raising plan to repay debt — and promptly took a beating on the Hong Kong stock exchange due to the dilution of its existing shares. Singapore housing continues… Read More>>

Leading today's roundup, China's biggest developer by sales announced a $3 billion fund-raising plan to repay debt -- … Read more>>>

Harbour City Tsim Sha Tsui

Retail Rents Rise on Shopping Rebound and More Hong Kong Real Estate Headlines

Harbour City Tsim Sha Tsui

2018/01/17 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, prime retail rents have ticked up for the first time in a year as local shoppers return to the malls. Also in the headlines, a top executive at Wheelock Properties reveals plans for… Read More>>

Leading today’s Hong Kong real estate news, prime retail rents have ticked up for the first time in a year as local … Read more>>>

Stephen Ng Tin-hoi Wharf

Wharf Sets New Kowloon Price Record With $1.6B HK Site Buy

Stephen Ng Tin-hoi Wharf

2018/01/16 by Shawna Kwan Leave a Comment

Another record-breaking plot of residential land sold in Hong Kong, although this time not to a mainland developer. Hong Kong’s Lands Department announced today that local champion The Wharf won a tender for a site in Kowloon Tong, a traditional… Read More>>

Another record-breaking plot of residential land sold in Hong Kong, although this time not to a mainland developer. Hong … Read more>>>

Greenland Boosts Stake in $5B Pacific Park Project in NYC to 95%

2018/01/16 by Greg Isaacson Leave a Comment

A government clampdown on outbound investment has stifled many of China’s biggest buyers of overseas real estate, but Greenland Holdings is bucking the trend by going nearly all-in on its joint venture to develop part of a $5 billion New… Read More>>

A government clampdown on outbound investment has stifled many of China's biggest buyers of overseas real estate, but … Read more>>>

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