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Wei Shaofan

Local Developers Place 9 of 10 Bids for $1.3B South Hong Kong Island Site

Wei Shaofan

2017/12/04 by Greg Isaacson Leave a Comment

Hong Kong developers dominated the bidding for a residential site in the city’s Wong Chuk Hang area that is expected to sell for up to HK$10 billion (US$1.28 billion).

The tender for the 600-home site adjacent to the Wong Chuk… Read More>>

Hong Kong developers dominated the bidding for a residential site in the city's Wong Chuk Hang area that is expected to … Read more>>>

Shengyi-Jiang

Asia Real Estate People in the News 2017-12-04

Shengyi-Jiang

2017/12/04 by Greg Isaacson Leave a Comment

In this week’s edition of People in the News, a Chinese-linked US real estate investment platform is losing its CEO, while an investment and asset management pro has left Shanghai to try her hand in New York’s real estate scene…. Read More>>

In this week's edition of People in the News, a Chinese-linked US real estate investment platform is losing its CEO, … Read more>>>

Guy Bradley Swire

BNP Paribas Takes 8 Floors in Taikoo Place as Multinationals Flee HK’s Central

Guy Bradley Swire

2017/12/03 by Michael Cole Leave a Comment

BNP Paribas, a $2.4 billion financial giant, has decided that it may not have the cash to maintain an address in Hong Kong’s Central district and is picking up stakes for Quarry Bay.

The company, which is the world’s sixth-largest… Read More>>

BNP Paribas, a $2.4 billion financial giant, has decided that it may not have the cash to maintain an address in Hong … Read more>>>

Evergrande Buys Jumbo Chongqing Project for $498M

2017/12/03 by Greg Isaacson Leave a Comment

Mainland homebuilder China Evergrande Group is doubling down on western China by buying a 320,000 square metre office, retail, and residential project in Chongqing as part of a RMB 3.29 billion ($498 million) deal. The transaction comes just over two… Read More>>

Mainland homebuilder China Evergrande Group is doubling down on western China by buying a 320,000 square metre office, … Read more>>>

Robert Kuok

Robert Kuok’s Allgreen Buys Two SG Sites for $490M and More Asia Real Estate Headlines

Robert Kuok

2017/12/03 by Michael Cole Leave a Comment

One of Asia’s senior property barons leads us into the new week with news that a developer controlled by the boss of Shangri-La hotels and Kerry Properties has acquired nearly half a billion dollars worth of Singapore sites. Also grabbing… Read More>>

One of Asia’s senior property barons leads us into the new week with news that a developer controlled by the boss of … Read more>>>

Samuel WT Chu and Benjamin KY Lee

Phoenix Announces Sale of Pair of Hong Kong Properties for Combined $322M

Samuel WT Chu and Benjamin KY Lee

2017/12/01 by Michael Cole Leave a Comment

Phoenix Property Investors seized the opportunity presented by Hong Kong’s surging real estate market by announcing the sale of a pair of properties in the city this week for a combined $322 million.

The two disposals by the private equity… Read More>>

Phoenix Property Investors seized the opportunity presented by Hong Kong’s surging real estate market by announcing the … Read more>>>

John Forrester CW

Cushman & Wakefield Names New Global President, APAC CEO – and More

John Forrester CW

2017/12/01 by Greg Isaacson Leave a Comment

Cushman & Wakefield today promoted former EMEA chief John Forrester to the role of global president, giving the former DTZ Co-Chief Executive for EMEA day-to-day operational and management oversight of the firm’s four global regions of the Americas, EMEA, APAC, and… Read More>>

Cushman & Wakefield today promoted former EMEA chief John Forrester to the role of global president, giving the … Read more>>>

Jason Leow CapitaLand Mall Asia

CapitaLand and CRCT Buy Guangzhou Mall for $511M

Jason Leow CapitaLand Mall Asia

2017/12/01 by Greg Isaacson Leave a Comment

Singapore’s top developer continues to ramp up its retail presence in China, with CapitaLand Mall Asia and CapitaLand Retail China Trust (CRCT) partnering to buy a shopping mall in Guangzhou for RMB 3.36 billion ($511 million).

CRCT is taking a 51… Read More>>

Singapore's top developer continues to ramp up its retail presence in China, with CapitaLand Mall Asia and CapitaLand … Read more>>>

Seek Ngee Huat Ming Z Mei GLP

GLP Shareholders Approve Ming Mei-Vanke Buyout and More Asia Real Estate Headlines

Seek Ngee Huat Ming Z Mei GLP

2017/12/01 by Michael Cole Leave a Comment

At the top of today’s news, GLP boss Ming Mei has crossed the last hurdle in his scheme to buy out the SG-listed warehouse builder with some help from China Vanke and some well-financed friends. Also getting some ink, prices… Read More>>

At the top of today’s news, GLP boss Ming Mei has crossed the last hurdle in his scheme to buy out the SG-listed … Read more>>>

chen-feng-hna

HNA Seeks to Sell Offshore Real Estate Holdings After Mainland Crackdown

chen-feng-hna

2017/11/30 by Michael Cole Leave a Comment

After making more than $30 billion in cross-border acquisitions, China’s HNA Group says that it is trying to sell some of its offshore holdings, particularly real estate, after it was targetted for credit checks by mainland authorities earlier this year…. Read More>>

After making more than $30 billion in cross-border acquisitions, China’s HNA Group says that it is trying to sell some … Read more>>>

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