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Hong Kong IFC

Mainland Demand Boosts Central Office Rents to New Record – Mingtiandi Hong Kong Office Index

Hong Kong IFC

2017/09/04 by Greg Isaacson Leave a Comment

Average grade A office rents in Hong Kong’s Central district climbed to historical highs in the second quarter, driven by escalating demand from mainland Chinese firms.

The average cost for renting a square foot of grade A space… Read More>>

Average grade A office rents in Hong Kong's Central district climbed to historical highs in the second quarter, driven … Read more>>>

alan patterson

Asia Real Estate People in the News 2017-09-04

alan patterson

2017/09/04 by Michael Cole Leave a Comment

This week in Asia’s collection of real estate professionals taking on new roles, a London-based research veteran finds a new home with a Chinese sovereign wealth fund, a fund manager heads back to Germany from Singapore and a mainland developer… Read More>>

This week in Asia’s collection of real estate professionals taking on new roles, a London-based research veteran finds a … Read more>>>

Chan Ming Hung Grand Ming

Hong Kong Builder Buys Kowloon Apartment Block From Yuexiu for $105M

Chan Ming Hung Grand Ming

2017/09/03 by Greg Isaacson Leave a Comment

A Hong Kong-listed construction company is buying a newly completed apartment building in Kowloon for HK$820 million ($104.8 million), from Guangzhou-based Yuexiu Property, even as Hong Kong’s housing market has begun to show signs of cooling over the summer.

Grand… Read More>>

A Hong Kong-listed construction company is buying a newly completed apartment building in Kowloon for HK$820 million … Read more>>>

Ang Wee Gee

Keppel Land CEO Resigns, Group Chairman Takes Helm

Ang Wee Gee

2017/09/03 by Michael Cole Leave a Comment

Keppel Corporation, one of Singapore’s largest conglomerates, today announced the departure of the CEO of its property subsidiary, Keppel Land, with no permanent successor in place to run the developer of landmark projects across Singapore, mainland China, Vietnam and other… Read More>>

Keppel Corporation, one of Singapore’s largest conglomerates, today announced the departure of the CEO of its property … Read more>>>

Wu Xiaohui Anbang

Casino Heiress Rents Out HK Apartments at $77K Per Month and More Asia Real Estate Headlines

Wu Xiaohui Anbang

2017/09/01 by Michael Cole Leave a Comment

Stratospheric rents at Hong Kong’s highest point lead the news today as a daughter of casino magnate Stanley Ho leases out a pair of apartments on Victoria Peak for nearly US$77,000 per month. Also in the news, China’s Anbang Insurance… Read More>>

Stratospheric rents at Hong Kong’s highest point lead the news today as a daughter of casino magnate Stanley Ho leases … Read more>>>

Tang Shing Bor

Hong Kong Shop King’s Family Buys Wan Chai Hotel for $58M

Tang Shing Bor

2017/08/31 by Greg Isaacson Leave a Comment

Tang Shing-bor, known for his sprawling portfolio of retail shops, is continuing his drive to become one of Hong Kong’s leading hoteliers by purchasing the Hotel Bonaparte in Wan Chai for HK$450 million ($57.5 million).

Stan Group, a property company… Read More>>

Tang Shing-bor, known for his sprawling portfolio of retail shops, is continuing his drive to become one of Hong Kong's … Read more>>>

China Home Prices

Mainland Developers Push Parking as Govt Dictates Home Prices

China Home Prices

2017/08/31 by Greg Isaacson Leave a Comment

Beleaguered home buyers in China’s largest cities look like they’ve caught a break this year, as average housing prices in Beijing slid 0.1 percent in July and subsided by 0.2 percent in Shenzhen after growing more than 40 percent last… Read More>>

Beleaguered home buyers in China's largest cities look like they've caught a break this year, as average housing prices … Read more>>>

chen-feng-hna

HNA Financing Costs Outstrip Earnings and More Asia Real Estate Headlines

chen-feng-hna

2017/08/31 by Michael Cole Leave a Comment

One of China’s biggest deal makers is back in the news today as HNA Group, reveals that its borrowing costs outstrip its earnings, at the same time that the hazily owned conglomerate sues a rogue Chinese businessman in New York…. Read More>>

One of China’s biggest deal makers is back in the news today as HNA Group, reveals that its borrowing costs outstrip its … Read more>>>

Kwik Fit UK

PAG Calls for Ouster of Spring REIT Manager on Conflicts of Interest

Kwik Fit UK

2017/08/31 by Greg Isaacson Leave a Comment

Spring REIT, a Hong Kong-listed real estate investment trust once focused on Beijing office assets has branched out into UK auto repair facilities, in a strategic pivot that has raised the ire of one of its biggest investors.

Alternative investment… Read More>>

Spring REIT, a Hong Kong-listed real estate investment trust once focused on Beijing office assets has branched out into … Read more>>>

Stephen Schwarzman Blackstone

Blackstone Hires Katsuyuki Kuki as Japan Chairman

Stephen Schwarzman Blackstone

2017/08/30 by Greg Isaacson Leave a Comment

Blackstone has hired Katsuyuki Kuki as Chairman and Representative Director for Japan, as the Manhattan-based private equity giant continues to ramp up its presence in the country.

In his new role, Kuki will support and advise on Blackstone’s investment and… Read More>>

Blackstone has hired Katsuyuki Kuki as Chairman and Representative Director for Japan, as the Manhattan-based private … Read more>>>

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