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Shen Hua Bank of China

Bank of China Unit Bets $396M on Pets and Co-Working in Hong Kong

Shen Hua Bank of China

2017/09/05 by Greg Isaacson Leave a Comment

A unit of Bank of China is taking a bite out of Hong Kong’s commercial property sector, as it picks up three buildings for a total of HK$3.1 billion (US$396 million), including a co-working facility in Kwun Tong and a… Read More>>

A unit of Bank of China is taking a bite out of Hong Kong's commercial property sector, as it picks up three buildings … Read more>>>

Yu Liang China Vanke

Vanke, China Resources Buy New Shanghai Sites as City Sells $2B in Land

Yu Liang China Vanke

2017/09/05 by Greg Isaacson Leave a Comment

The suburbs of Shanghai saw nearly RMB 13.05 billion ($1.99 billion) of residential land change hands this past week, as the city seeks to boost new apartment supply to bring relief to its housing-hungry population.

The nearly two billion dollar… Read More>>

The suburbs of Shanghai saw nearly RMB 13.05 billion ($1.99 billion) of residential land change hands this past week, as … Read more>>>

Shanghai Tower

Shanghai Tower May Be World’s Tallest White Elephant and More Asia Real Estate News

Shanghai Tower

2017/09/05 by Michael Cole Leave a Comment

The mainland’s tallest building is proving to be one of its hardest to fill as Shanghai’s giant corkscrew gets some media attention for its leasing struggles. Also in the headlines today, nearly all of China’s new mortgages went to first-time… Read More>>

The mainland’s tallest building is proving to be one of its hardest to fill as Shanghai’s giant corkscrew gets some … Read more>>>

Joe Gagnon Warburg

Warburg Pincus Invests $183M in China Rental Apartment Platform

Joe Gagnon Warburg

2017/09/05 by Greg Isaacson Leave a Comment

Warburg Pincus is betting on China’s rental housing market by redoubling its investment in a rental residence platform it co-founded, Shanghai-based Nova Property Investment. An affiliate of the global private equity giant is committing $183 million to Nova, aimed at… Read More>>

Warburg Pincus is betting on China's rental housing market by redoubling its investment in a rental residence platform … Read more>>>

Hong Kong’s Central Bank Orders Health Check for HNA, Wanda Finances

2017/09/04 by Greg Isaacson Leave a Comment

The Hong Kong Monetary Authority, the city’s de facto central bank, is said to be reviewing lending to HNA Group and Dalian Wanda Group as pressure mounts on the debt-strapped mainland conglomerates.

Banks were required last week to provide information… Read More>>

The Hong Kong Monetary Authority, the city's de facto central bank, is said to be reviewing lending to HNA Group and … Read more>>>

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>>>

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