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Richard Li FWD Group

Richard Li Buys Central Project From CSI for HK$2B

Richard Li FWD Group

2018/01/16 by Shawna Kwan Leave a Comment

Richard Li’s Pacific Century Premium Developments (PCPD) has agreed to pay HK$2 billion ($256 million) to a company run by a former associate of the second-generation tycoon in return for ownership of a prime housing site in Hong Kong’s Central… Read More>>

Richard Li's Pacific Century Premium Developments (PCPD) has agreed to pay HK$2 billion ($256 million) to a company run … Read more>>>

Foxconn and Country Garden Buy Pair of GZ Sites for $605M to Build Tech Town

2018/01/16 by Shawna Kwan Leave a Comment

The company best known for making your iPhone has partnered with China’s top developer, Country Garden Holdings, to win two plots of land for RMB 3.9 billion ($605 million) in Guangzhou, a first-tier city in southeast China.

Foxconn Technology Group,… Read More>>

The company best known for making your iPhone has partnered with China’s top developer, Country Garden Holdings, to win … Read more>>>

Developer CWG Buys Hangzhou Site for $178M and More Asia Real Estate Headlines

2018/01/16 by Greg Isaacson Leave a Comment

Singapore-listed companies and Southeast Asian happenings lead the news today, with a SGX-listed developer winning a residential and commercial plot in Hangzhou, China for $178 million. Also in the news, a Malaysian developer has unveiled the country’s biggest indoor theme… Read More>>

Singapore-listed companies and Southeast Asian happenings lead the news today, with a SGX-listed developer winning a … Read more>>>

Deepak Parekh

GIC, KKR, OMERS Lead $1.75B Investment in India’s Largest Mortgage Lender

Deepak Parekh

2018/01/15 by Greg Isaacson Leave a Comment

Singapore’s sovereign wealth fund GIC is joining US private equity pioneer KKR and other global investors to take a $1.75 billion stake in India’s largest mortgage lender, as the South Asian nation gears up for a housing boom.

Mumbai-based Housing… Read More>>

Singapore's sovereign wealth fund GIC is joining US private equity pioneer KKR and other global investors to take a … Read more>>>

Adam Tan HNA

HNA Borrowing Cash From Sun Hung Kai for Kai Tak Projects

Adam Tan HNA

2018/01/15 by Shawna Kwan Leave a Comment

China’s HNA Group is in talks with leading Hong Kong developer Sun Hung Kai Properties for a loan to refinance its repayment liabilities in connection with its residential mega-project in the city’s Kai Tak area, according to a media report.

… Read More>>

China's HNA Group is in talks with leading Hong Kong developer Sun Hung Kai Properties for a loan to refinance its … Read more>>>

Asia Real Estate People in the News 2018-01-15

2018/01/15 by Greg Isaacson Leave a Comment

Leading this week’s roundup of job changes, a legal industry veteran has taken on a real estate-focussed role at a British law firm that is ramping up its presence in Asia, while a Singaporean property group has announced a burst… Read More>>

Leading this week's roundup of job changes, a legal industry veteran has taken on a real estate-focussed role at a … Read more>>>

Payson Cha Hanison

Payson Cha’s Hanison Buys Apartment Block in HK’s Sheung Wan for $65M

Payson Cha Hanison

2018/01/15 by Shawna Kwan Leave a Comment

Tycoon Payson Cha’s Hanison Construction Holdings has picked up a block of serviced apartments in Hong Kong’s Sheung Wan neighbourhood for HK$506 million ($64.7 million), according to a report in the Hong Kong Economic Times. The purchase of the building just… Read More>>

Tycoon Payson Cha's Hanison Construction Holdings has picked up a block of serviced apartments in Hong Kong’s Sheung Wan … Read more>>>

Wu Yajun Longfor

Beijing Wall’s Downfall Prompts China Housing Policy Debate

Wu Yajun Longfor

2018/01/15 by Shawna Kwan 2 Comments

The destruction of a steel gate by angry homeowners in a Beijing compound has sparked an online debate about housing rights in the nation’s capital, and created a new headache for one of China’s largest developers.

The hated gate separated… Read More>>

The destruction of a steel gate by angry homeowners in a Beijing compound has sparked an online debate about housing … Read more>>>

Developer Headed by George W Bush’s Brother Buys Singapore Site for $632M

2018/01/14 by Greg Isaacson Leave a Comment

A Singapore-listed developer headed by a brother of former US president George W Bush has scooped up a residential site for S$840.9 million ($632.5 million), amid a surge of collective sales in the southeast Asian city-state.

The site, Park West… Read More>>

A Singapore-listed developer headed by a brother of former US president George W Bush has scooped up a residential site … Read more>>>

Kr Space Raises $92M for China Co-Working Expansion

2018/01/13 by Shawna Kwan 1 Comment

Chinese co-working startup Kr Space has completed a new RMB 600 million ($92 million) financing round to accelerate its expansion in China’s top-tier cities, bringing its total funds raised to RMB 1.1 billion ($170 million), the company announced.

The capital… Read More>>

Chinese co-working startup Kr Space has completed a new RMB 600 million ($92 million) financing round to accelerate its … Read more>>>

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