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Pacific Place

Swire Properties Profit Falls 90% on Valuation Slide and More Asia Real Estate Headlines

2020/08/13 by Michael Cole Leave a Comment

Damage from the coronavirus pandemic continued to show up in the earnings of Asia’s top developers today as Hong Kong-listed Swire Properties reported a 90 percent drop in profit during the first six months of 2020.

Also… Read More>>

China Vanke

Vanke JV Buys Hong Kong Site for HK$3.7B and More Asia Real Estate Headlines

2020/07/30 by Michael Cole Leave a Comment

Mainland investors continue to expand their presence in Hong Kong this week as China Vanke teamed up with a Qingdao-based builder to snatch up a residential plot in the New Territories.

Also in the news, Morgan Stanley says the Asia… Read More>>

Beh Siew Kim, CEO of Ascott REIT

Ascott REIT to Sell Serviced Apartments in Guangzhou, Paris for S$191.4M

2020/07/27 by Jonathan Burgos Leave a Comment

Ascott Residence Trust said Monday it has agreed to sell the Ascott Guangzhou and the Citadines Didot Montparnasse Paris serviced apartments for S$191.4 million ($138.8 million) as the Singapore-listed real estate investment trust seeks to monetize assets despite the COVID-19… Read More>>

vivocity Shanghai

Mapletree Reports Profit Drop of 18% and More Asia Real Estate Headlines

2020/06/18 by Michael Cole Leave a Comment

Yet another major developer has seen its financial results take a beating as a result of COVID-19, as a Singaporean player leads today’s real estate headlines with news of an 18 drop in profits as valuations slide.

Also in the… Read More>>

hong kong housing

Hong Kong Tops Housing Misery Index for 10th Year and More Asia Real Estate Headlines

2020/01/21 by Michael Cole Leave a Comment

A survey shows that while Hong Kong’s leadership may have lost the plot regarding what makes a great financial centre, they continue their mastery of creating a housing shortage as the city ranks as the world’s least affordable place to… Read More>>

payson cha

Hanison Seals HK$741M Deal to Buy Hong Kong Tower From CapitaLand

2019/10/14 by Jan Kot Leave a Comment

Despite the impact on Hong Kong’s hotel industry after months of escalating social unrest, a select number of players are doing some bargain hunting in the Asian financial hub.

Among the most active purchasers this year has been Payson Cha’s… Read More>>

Ascott Buys Sydney Serviced Apartment Project for S$192M 

2019/09/27 by James Hatton Leave a Comment

The Ascott Ltd, CapitaLand’s hospitality unit, is buying a freehold serviced residence project in Sydney for S$192 million ($139 million), bringing Ascott’s assets under management to S$10 billion globally, according to an announcement by the company.

The serviced apartment owner-operator… Read More>>

Koreans Negotiating €1.3B-Plus Brussels Finance Tower Deal and More Asia Real Estate Headlines

2019/09/07 by James Hatton Leave a Comment

A 36-storey office tower in Brussels leads the way in Mingtiandi’s roundup of real estate headlines today with the news that the Korean consortium that snapped up Microsoft’s UK HQ last year is negotiating the purchase of Belgium’s biggest… Read More>>

payson cha

Hanison Confirms Talks to Buy HK Hotel From CapitaLand at Reported HK$800M

2019/08/07 by Jan Kot Leave a Comment

Despite growing uncertainty over the US-China trade war and increasingly violent protests in Hong Kong, a real estate developer controlled by one of the city’s wealthiest families has been actively buying and selling assets.

Hanison Construction Holdings said in a… Read More>>

Charlemont Exchange

Korea’s Hana Buys Dublin Office Asset for €145M and More Asia Real Estate News

2019/04/10 by Michael Cole Leave a Comment

Koreans in Ireland and Singaporean’s in co-living lead Mingtiandi’s news roundup today as Hana Financial Group wraps up another Dublin shopping trip by making Ireland’s biggest property purchase so far this year. CapitaLand also hits the headlines with an announcement… Read More>>

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