In this week’s edition of People in the News, a major Singapore developer and investor names a new group chief executive officer, while a senior vice president is appointed at the sovereign wealth fund. Elsewhere, there are movers and shakers… Read More>>
HK Airlines President Quits as HNA Saga Continues and More Asia Real Estate Headlines
HNA’s ongoing Hongkong Airlines saga leads the Mingtiandi roundup of Asia news again today as the financially challenged mainland investment conglomerate plays out its own version of Game of Thrones in the boardroom.
In other news around the region, Guangzhou-based… Read More>>
Vanke Picks Up Latest Piece for Kowloon Project and More Hong Kong Real Estate Headlines
Compulsory sales are moving to the forefront of Hong Kong’s real estate news this week as mainland developers China Vanke and Agile Property are joining a game that has long helped local players enjoy healthy margins.
With Vanke completing… Read More>>
Agile Group Buys Site on Hong Kong’s Lantau Island for HK$1.3B
Mainland developer Agile Group won a residential plot on Hong Kong’s Lantau Island for HK$1.13 billion ($143.96 million) this week, surpassing analyst forecasts for the price of the project by as much as 50 percent amid optimism for China’s “Greater… Read More>>
Goldman-Backed Office Startup Atlaspace Hires New Head for Hong Kong
Goldman Sachs-backed co-working operator Atlaspace has announced the appointment of Wilma Wu as the head of its Hong Kong operation, as mainland flexible office players set their sights on the city.
The company’s new leadership comes five months after the… Read More>>
Country Garden Plans $1B Convertible Bond and More Asia Real Estate Headlines
The Market Strikes Back could be the subtitle of today’s roundup of real estate news from around the region as developers in Hong Kong struggle to sell homes amid an unexpectedly steep downturn, and mainland developers scramble to arrange new… Read More>>
MTR May Put Wong Chuk Hang Site Up For Tender and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the city’s metro operator plans to offer a land site above Wong Chuk Hang station for residential development this year. Also in the headlines, 20 percent of Hong Kong buyers say they will… Read More>>
Goldman Sachs, PAG Bet on Chinese Co-Working Startup Atlas
China’s co-working market is getting crowded, but a pair of global investment heavyweights are betting that there’s still room for another flexible office brand. Atlas, a Chinese provider of innovative workspaces affiliated with Agile Property, has won a long-term strategic… Read More>>
Angelo, Gordon and Chellarams Confirm HK$2.1B Buy and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, Angelo, Gordon & Co and the Chellaram family have closed on the HK$2.1 billion purchase of nine floors of Kwun Tong’s C-BONS International Centre. Also in the headlines, a floor at 9 Queen’s… Read More>>
CC Land Joins Group Buying 84,000 SQM London Project and More Asia Real Estate Headlines
London leads Asia’s real estate news again today, with Chongqing-based CC Land heading back to the UK capital for another acquisition on Leadenhall Street. Closer to home, Guangdong-based Agile Group says it’s putting $1.1 billion into a project in its… Read More>>