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yu liang vanke

China Vanke Buys Site in Hong Kong’s North Point for HK$580M

yu liang vanke

2019/08/25 by Iris Poon Leave a Comment

Mainland developer China Vanke on Thursday acquired a HK$580 million ($74 million) site in Hong Kong’s North Point neighborhood that is earmarked for a commercial or mixed-use development.

The company’s Vanke Property (Hong Kong) arm picked up the 4,300-square-foot (3,995-square-metre)… Read More>>

Mainland developer China Vanke on Thursday acquired a HK$580 million ($74 million) site in Hong Kong’s North Point … Read more>>>

Payson Cha Hanison

Hanison, China Merchants Capital Sell Industrial Project to HK Shop King for HK$1.1B

Payson Cha Hanison

2019/08/20 by James Hatton Leave a Comment

Hong Kong “Shop King” Tang Shing-bor has entered into a sale and purchase agreement with a joint venture between Hanison Construction Holdings and a fund managed by China Merchants Capital to buy a Kwai Chung industrial building for HK$1.1 billion… Read More>>

Hong Kong “Shop King” Tang Shing-bor has entered into a sale and purchase agreement with a joint venture between Hanison … Read more>>>

Poly Real Estate boss Song Guangju

Poly Wins Site in Shanghai’s Minhang District for RMB 2.5B

Poly Real Estate boss Song Guangju

2019/08/20 by Jan Kot Leave a Comment

Guangzhou-based Poly Developments and Holdings has agreed to pay RMB 2.5 billion ($355 million) for a combined residential and commercial site in Shanghai at a government auction, according to an announcement by the Shanghai Land Exchange.

The state-owned developer won… Read More>>

Guangzhou-based Poly Developments and Holdings has agreed to pay RMB 2.5 billion ($355 million) for a combined … Read more>>>

ma mingzhe Ping An

CFLD Sells Beijing Project to Ping An for RMB 5.83B

ma mingzhe Ping An

2019/08/19 by Jan Kot Leave a Comment

Beijing-based China Fortune Land Development (CFLD) announced that it has agreed to sell a Beijing commercial project to Ping An Insurance for a consideration of RMB 5.829 billion ($830 million) as the developer shifts toward an asset light approach in… Read More>>

Beijing-based China Fortune Land Development (CFLD) announced that it has agreed to sell a Beijing commercial project to … Read more>>>

David Chiu Far East Consortium

Far East Consortium Pays HK$2.45B to Win Kai Tak Site at 9% Discount

David Chiu Far East Consortium

2019/08/13 by Jan Kot Leave a Comment

Hong Kong’s Lands Department announced on August 12 that Far East Consortium International won a tender for the smallest plot of commercial land at Hong Kong’s former Kai Tak airport at a price of HK$2.45 billion ($312 million).

The local… Read More>>

Hong Kong’s Lands Department announced on August 12 that Far East Consortium International won a tender for the smallest … Read more>>>

Sun Hung Kai Raymond Kwok

Sun Hung Kai Teams Up with Ping An to Win Hangzhou Site for RMB 13.26B

Sun Hung Kai Raymond Kwok

2019/08/11 by Jan Kot Leave a Comment

A joint venture between Sun Hung Kai Properties and Ping An Insurance has won a land parcel in Hangzhou for RMB 13.26 billion ($1.88 billion), earning the right to develop 857,700 square metres (9.23 million square feet) of commercial and… Read More>>

A joint venture between Sun Hung Kai Properties and Ping An Insurance has won a land parcel in Hangzhou for RMB 13.26 … Read more>>>

Henry Cheng New World

New World Closes in on Buyout of Hong Kong’s State Theatre

Henry Cheng New World

2019/08/07 by James Hatton Leave a Comment

New World Development has acquired three shops in Hong Kong’s historic State Theatre complex, paying more than double their estimated value as the developer closes in on its redevelopment plans for the 67-year-old theatre.

The listed building, which was put… Read More>>

New World Development has acquired three shops in Hong Kong’s historic State Theatre complex, paying more than double … Read more>>>

WONG Ho Ming, Augustine Henderson

Compulsory Sale Moves Henderson Closer to 1M SqFt Kowloon Project

WONG Ho Ming, Augustine Henderson

2019/08/04 by Jan Kot Leave a Comment

Henderson Land Development has moved a step closer to consolidating a site for a 1 million square foot mixed-use project in Kowloon’s Hung Hom area, thanks to a judicial ruling last week.

Hong Kong’s Lands Tribunal last week approved an… Read More>>

Henderson Land Development has moved a step closer to consolidating a site for a 1 million square foot mixed-use project … Read more>>>

Johnson Place Chai Wan

Hong Kong Building Next to Hanison Acquisition in Chai Wan Sells for HK$948M

Johnson Place Chai Wan

2019/07/31 by Jan Kot Leave a Comment

Johnson Electric has sold a converted industrial building in Hong Kong’s Chai Wan for HK$948 million ($121 million), after an attempt to sell the project for HK$1.2 billion via tender late last year failed to result in a sale.

The… Read More>>

Johnson Electric has sold a converted industrial building in Hong Kong’s Chai Wan for HK$948 million ($121 million), … Read more>>>

guy bradley swire

Henderson Land, Swire Properties Buying Up Quarry Bay Block Next to Taikoo Place

guy bradley swire

2019/07/30 by Jan Kot Leave a Comment

Henderson Land and Swire Properties are set to expand the Taikoo Place commercial cluster in eastern Hong Kong island after acquiring the majority of an aging residential building adjacent to the Quarry Bay development.

Within the last two weeks a… Read More>>

Henderson Land and Swire Properties are set to expand the Taikoo Place commercial cluster in eastern Hong Kong island … Read more>>>

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