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US Consulate’s HK$5.2B Site Could Sell for 24% Off Amid Hong Kong Downturn

2020/06/03 by James Hatton Leave a Comment

Amidst growing friction with Chinese authorities, the US Department of State has put up for sale a residential site in one of Hong Kong’s most exclusive enclaves, and it could be set to sell for nearly a quarter less than… Read More>>

Amidst growing friction with Chinese authorities, the US Department of State has put up for sale a residential site in … Read more>>>

Henry Cheng Chongbang

Chongbang to Invest $400M in Phase 2 of Shanghai’s Lifehub@Anting

Henry Cheng Chongbang

2020/06/02 by James Hatton Leave a Comment

Chongbang Group has closed the $120 million acquisition of a suburban site in northwestern Shanghai as it readies the second phase of the company’s retail-anchored Lifehub@Anting project, Mingtiandi can reveal.

The Shanghai-based commercial developer led by one-time Shui On Land… Read More>>

Chongbang Group has closed the $120 million acquisition of a suburban site in northwestern Shanghai as it readies the … Read more>>>

zhang yuliang greenland

Greenland Group Sells Bund Centre Tower to Bank of Shanghai for RMB 4.9B

zhang yuliang greenland

2020/06/01 by James Hatton Leave a Comment

A joint venture between Greenland Group and the Shanghai government has agreed to sell one of the commercial towers in its RMB 100 billion ($14 billion) Greenland Bund Centre to Bank of Shanghai, just five months after Haitong Securities purchased… Read More>>

A joint venture between Greenland Group and the Shanghai government has agreed to sell one of the commercial towers in … Read more>>>

Tai Cheung Wins Site in Hong Kong’s Ap Lei Chau for HK$1.33B

2020/05/29 by Stephanie Li Leave a Comment

Hong Kong developer Tai Cheung Holdings last week won a residential site on the city’s Ap Lei Chau island with a bid more than 14 percent above some analyst predictions, despite forecasts of slide property values in the city.

The… Read More>>

Hong Kong developer Tai Cheung Holdings last week won a residential site on the city's Ap Lei Chau island with a bid … Read more>>>

Vincent Lo Shui On

Shui On Plans Xintiandi in the Suburbs with RMB 2.1B in Shanghai Land Buys

Vincent Lo Shui On

2020/05/27 by James Hatton Leave a Comment

Shui On Land spent RMB 2.1 billion ($290 million) buying four parcels of land in Shanghai in just three days last week, as the developer assembles the pieces for an urban redevelopment project which it hopes will rival the success… Read More>>

Shui On Land spent RMB 2.1 billion ($290 million) buying four parcels of land in Shanghai in just three days last week, … Read more>>>

ngai_chun_hung2

HK-Listed Builder Buys Mong Kok Residential Site for HK$330M

ngai_chun_hung2

2020/05/27 by Stephanie Li Leave a Comment

Hong Kong-listed developer Vantage International has agreed to acquire an apartment building in Mong Kok for HK$330 million ($42.6 million), according to a local news report yesterday.

The company, which is part of the Vantage Group alongside its Able Engineering… Read More>>

Hong Kong-listed developer Vantage International has agreed to acquire an apartment building in Mong Kok for HK$330 … Read more>>>

peng xinkuang sre group

China Minsheng Unit Offloading 51% Stake in Shanghai Project as Losses Mount

peng xinkuang sre group

2020/05/26 by James Hatton Leave a Comment

SRE Group is seeking a buyer for its 51 percent stake in a mixed-use project in Shanghai, as the unit of China Minsheng Investment Group tries to stem escalating losses in the wake of an embezzlement scandal that saw its… Read More>>

SRE Group is seeking a buyer for its 51 percent stake in a mixed-use project in Shanghai, as the unit of China Minsheng … Read more>>>

Charles Ma Greystar

Greystar Unveils First China Apartment Project in Shanghai

Charles Ma Greystar

2020/05/20 by James Hatton Leave a Comment

Greystar Real Estate Partners has begun marketing its maiden project in China, as the US-based multi-family developer and operator notches another milestone in its Asia expansion.

Dubbed LIV’N 833, the upscale rental housing project is set to open in Shanghai… Read More>>

Greystar Real Estate Partners has begun marketing its maiden project in China, as the US-based multi-family developer … Read more>>>

VIctor Li Ck Asset

CK Asset Pays HK$4.95B for HK’s First Public–Private Residential Project

VIctor Li Ck Asset

2020/05/20 by Stephanie Li Leave a Comment

A property conglomerate chaired by the son of Hong Kong’s richest man, Li Ka-shing, has won a tender to develop the city’s first residential project combining private and government-subsidised homes.

The city’s Lands Department announced yesterday that it had awarded… Read More>>

A property conglomerate chaired by the son of Hong Kong’s richest man, Li Ka-shing, has won a tender to develop the … Read more>>>

Billionaire Developer Targets HK$700M Forced Sale in Western HK

2020/05/17 by Stephanie Li Leave a Comment

One of Hong Kong’s wealthiest men has moved a step closer to developing a residential complex in the city’s Sai Ying Pun district after successfully applying for a compulsory sale of the remaining units in a 61-year-old walk-up near the… Read More>>

One of Hong Kong’s wealthiest men has moved a step closer to developing a residential complex in the city’s Sai Ying Pun … Read more>>>

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