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Far East Finance Centre

New Price Records Set in Hong Kong as Mainlanders Buy Up Office Space

Far East Finance Centre

2017/11/15 by Greg Isaacson Leave a Comment

A high floor of Hong Kong’s Far East Finance Centre in Admiralty has sold for HK$540 million ($69 million) to what is said to be a mainland buyer. The deal, which equates to a price per square foot of HK$50,000… Read More>>

A high floor of Hong Kong's Far East Finance Centre in Admiralty has sold for HK$540 million ($69 million) to what is … Read more>>>

Stephen Ng Tin-hoi Wharf

China Home Sales Volume Drops to 35-Month Low and More Asia Real Estate Headlines

Stephen Ng Tin-hoi Wharf

2017/11/15 by Michael Cole Leave a Comment

China’s home sales are falling to a new low, just as mainland developers face a wall of maturing debt. So it’s time for another policy change. Also in the news, Wharf is spinning off some of its core Hong Kong… Read More>>

China’s home sales are falling to a new low, just as mainland developers face a wall of maturing debt. So it’s time for … Read more>>>

David Chow Macau

Landmark Macau Hotel and Casino Complex To Sell for $590M

David Chow Macau

2017/11/14 by Greg Isaacson Leave a Comment

Casino billionaire David Chow’s Macau Legend Development is poised to sell the Landmark Macau hotel and gambling complex for HK$4.6 billion ($590 million), shedding one of its two flagship properties in the gambling mecca.

The Hong Kong-listed firm has announced… Read More>>

Casino billionaire David Chow's Macau Legend Development is poised to sell the Landmark Macau hotel and gambling complex … Read more>>>

Alex Jeffrey To Lead Asia Pacific for M&G

2017/11/14 by Greg Isaacson Leave a Comment

Alex Jeffrey has been appointed to lead M&G in Asia Pacific, as the UK-based asset manager continues to build up its Asia leadership team. Jeffrey will relocate to Singapore to take the newly created role in the second quarter of… Read More>>

Alex Jeffrey has been appointed to lead M&G in Asia Pacific, as the UK-based asset manager continues to build up its … Read more>>>

Katherine Lo Great Eagle

Chinese Investors Bounce Back in Australia and More Asia Real Estate Headlines

Katherine Lo Great Eagle

2017/11/14 by Michael Cole Leave a Comment

Leading today’s news, Chinese capital is reportedly on the rebound in Sydney. Also, in the headlines, Hong Kong’s Great Eagle seems to be creating America’s first politically aligned hospitality brand, and Shenzhen condo projects are going rental as China looks… Read More>>

Leading today’s news, Chinese capital is reportedly on the rebound in Sydney. Also, in the headlines, Hong Kong’s Great … Read more>>>

CapitaLand Opens Its Biggest Mall Ever in Suzhou

2017/11/13 by Greg Isaacson Leave a Comment

Southeast Asia’s largest developer has opened its biggest-ever shopping centre with the launch of the 300,000 square metre Suzhou Center Mall in the eastern Chinese city of Suzhou, as CapitaLand opens its eighth new retail development this year.

The seven-storey… Read More>>

Southeast Asia's largest developer has opened its biggest-ever shopping centre with the launch of the 300,000 square … Read more>>>

Asia Real Estate People in the News 2017-11-13

2017/11/13 by Greg Isaacson Leave a Comment

For this week’s edition of People in the News, an e-commerce veteran has joined the board of China’s leading international property site, while a former retail manager for a high-end lingerie brand is now in charge of mall leasing for… Read More>>

For this week's edition of People in the News, an e-commerce veteran has joined the board of China's leading … Read more>>>

PAG Calls for Strategic Review of Spring REIT as Management Battle Boils Over

2017/11/13 by Greg Isaacson Leave a Comment

Alternative investment manager PAG Real Estate is calling for an external strategic review of Spring REIT by January 2018, following a failed effort to remove the REIT’s manager at an extraordinary general meeting held last week.

The move comes less… Read More>>

Alternative investment manager PAG Real Estate is calling for an external strategic review of Spring REIT by January … Read more>>>

Raymond Kwok fixed

Kowloon Waterfront Residential Site Could Sell for Record-Breaking $2.8B

Raymond Kwok fixed

2017/11/12 by Greg Isaacson Leave a Comment

Nearly a dozen mainland and Hong Kong developers have placed bids on a waterfront residential site that could be worth up to HK$22 billion ($2.82 billion) in Hong Kong’s Cheung Sha Wan area, following Sun Hung Kai’s purchase of an… Read More>>

Nearly a dozen mainland and Hong Kong developers have placed bids on a waterfront residential site that could be worth … Read more>>>

Greentown Buys Beijing’s Priciest Housing Site of 2017 for $1.3B

2017/11/11 by Greg Isaacson 1 Comment

Chinese homebuilder Greentown Group has won a piece of residential land in western Beijing for RMB 8.6 billion ($1.3 billion), paying a premium of nearly 20 percent over the reserve price to grab the city’s most expensive site on offer… Read More>>

Chinese homebuilder Greentown Group has won a piece of residential land in western Beijing for RMB 8.6 billion ($1.3 … Read more>>>

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