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Rosedale Hotel in Hong Kong’s Causeway Bay Sells for $211M

2017/10/23 by Greg Isaacson Leave a Comment

Hong Kong’s hotel investment market continues to heat up, with the Rosedale hotel in Causeway Bay reportedly selling to a director of Hong Kong’s Shun Ho Property Investments for HK$1.65 billion ($211.4 million).

Jonathan Cheng (鄭啟俊), a director of Shun Ho… Read More>>

Hong Kong's hotel investment market continues to heat up, with the Rosedale hotel in Causeway Bay reportedly selling to … Read more>>>

Wang Gehong CYPA

China Boosts Rental Housing Via RMB 270M Shenzhen-Listed Near-REIT

Wang Gehong CYPA

2017/10/23 by Greg Isaacson Leave a Comment

China is now enabling operators of rental housing projects to convert their income streams into listed securities, as the government moves to foster affordable housing for the country’s growing middle class.

The Shenzhen Stock Exchange announced this month that China Young… Read More>>

China is now enabling operators of rental housing projects to convert their income streams into listed securities, as … Read more>>>

Asia Real Estate People in the News 2017-10-24

2017/10/23 by Greg Isaacson Leave a Comment

In this week’s edition of People in the News, a spate of real estate professionals are settling into new roles at global property agencies, including a top occupier services executive landing at Cushman & Wakefield in Singapore. A Middle Eastern… Read More>>

In this week's edition of People in the News, a spate of real estate professionals are settling into new roles at global … Read more>>>

Logan Property Pays $462M to Snatch Up Second SG Project This Year

2017/10/22 by Greg Isaacson Leave a Comment

China’s Logan Property has bought up the Florence Regency complex in Singapore for S$629 million ($462 million) with the hopes of redeveloping the 389,236 square foot (36,161 square metre) site into as many as 1,446 homes, according to a statement last week… Read More>>

China's Logan Property has bought up the Florence Regency complex in Singapore for S$629 million ($462 million) with the … Read more>>>

Xie Yonglin Ping An Bank

Ping An Rents Whole Floor in HK’s Exchange Square as Mainlanders Dominate Central

Xie Yonglin Ping An Bank

2017/10/21 by Michael Cole Leave a Comment

Mainland corporates continue to dominate office leasing activity in Hong Kong’s Central district as China’s Ping An Bank has recently agreed to pay nearly triple Manhattan office leasing rates for a high floor in Exchange Square.

The mainland financial institution… Read More>>

Mainland corporates continue to dominate office leasing activity in Hong Kong’s Central district as China’s Ping An Bank … Read more>>>

Mantex Industrial Building Tsuen Wan

Tsuen Wan Industrial Building Bought Up for HK$258M

Mantex Industrial Building Tsuen Wan

2017/10/21 by Michael Cole Leave a Comment

Aging industrial buildings continue to be hot property in Hong Kong, as a former workshop in the New Territories changed hands recently for HK$258 million ($33 million).

According to information released last week by the city’s Lands Department,… Read More>>

Aging industrial buildings continue to be hot property in Hong Kong, as a former workshop in the New Territories changed … Read more>>>

Joseph Lau Chinese Estates

Chinese Estates Builds HK$27B Evergrande Stake and More Asia Real Estate Headlines

Joseph Lau Chinese Estates

2017/10/20 by Michael Cole Leave a Comment

Joseph Lau’s Chinese Estates got some good news this week as the developer’s stake in China Evergrande now is worth more than its own Hong Kong market cap. Also in the headlines, China’s suppression of housing demand means that sales… Read More>>

Joseph Lau’s Chinese Estates got some good news this week as the developer’s stake in China Evergrande now is worth more … Read more>>>

Henderson Picks Up $135M Redevelopment Site in HK’s Mid-Levels

2017/10/19 by Greg Isaacson Leave a Comment

Henderson Land Development is paying a total of HK$1.05 billion ($134.5 million) to buy out a seven-storey apartment building in the Hong Kong’s upscale Mid-Levels neighbourhood, which the property giant plans to redevelop into a 30-storey tower.

The developer controlled… Read More>>

Henderson Land Development is paying a total of HK$1.05 billion ($134.5 million) to buy out a seven-storey apartment … Read more>>>

Lee Chee Koon Ascott CEO

Singapore’s Ascott Makes $60M Silicon Valley Hotel Deal in Latest US Acquisition

Lee Chee Koon Ascott CEO

2017/10/19 by Greg Isaacson Leave a Comment

Singapore’s CapitaLand is making its fourth US acquisition in less than six months, buying a Silicon Valley hotel through its serviced residence unit The Ascott Limited in a S$81.5 million ($60.1 million) project.

The investment amount includes Ascott’s planned refurbishment… Read More>>

Singapore's CapitaLand is making its fourth US acquisition in less than six months, buying a Silicon Valley hotel … Read more>>>

HNA Chen Feng

HNA Buys Out 90% of SG Logistics Platform and More Asia Real Estate Headlines

HNA Chen Feng

2017/10/19 by Michael Cole Leave a Comment

China’s HNA may not be completely dead in the water as the mainland conglomerate’s buyout of a Singapore logistics company looks set for completion. Also in the news today, banning construction is the latest step in the battle against foul… Read More>>

China’s HNA may not be completely dead in the water as the mainland conglomerate’s buyout of a Singapore logistics … Read more>>>

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