Hong Kong’s moribund commercial property market is getting a much needed lifeline. After widespread chatter about Chief Executive Carrie Lam and her council considering elimination of the seven-year-old supplementary stamp duty on commercial property, the city’s top leader made the… Read More>>
India continues to make headlines this week as Brookfield strikes a deal to buy $2 billion in commercial assets from a Bengaluru-based developer, just days after Blackstone inked its own $1.6 billion deal.
Singapore’s Mapletree also unveiled… Read More>>
Hong Kong’s embattled chief executive Carrie Lam announced a raft of measures to help low-income households and the middle classes buy their own homes in her annual Policy Address this week in a belated attempt to tackle high housing prices… Read More>>
China Vanke, once the country’s largest developer by sales, had its own downturn int 2016-2017 when it nearly became a business case study in how to stage a mainland hostile takeover. Now that the homebuilder is under government control, it… Read More>>
Still on the mend from a bruising takeover battle that transformed it into a state-owned entity mainland development giant China Vanke shows signs of expanding beyond its core business in putting buildings this week as it joins the country’s two… Read More>>
Leading today’s real estate news in Greater China’s commercial powerhouse, Hong Kong’s executive council has reportedly approved a plan for a tax on vacant flats, as city leaders scramble to demonstrate concern over rising home prices. Also in the headlines,… Read More>>
Leading today’s Hong Kong real estate news, recently crowned CK Asset boss Victor Li is in the news again, as the developer denies reports of an impending sale of one of its most valuable office assets.
Also in the headlines,… Read More>>
Leading today’s Hong Kong real estate news, Hanison Construction is offloading an office building in Cheung Sha Wan, western Kowloon on a strata-titled basis for as much as HK$28.4 million per floor, less than four months after selling a 50… Read More>>
Leading today’s Hong Kong real estate news, the MTR Corporation’s tender for a residential site in Yau Tong, at the southeastern end of Kowloon ended at 2 pm on Friday with developers including Wheelock, Henderson Land Development and Albert Yeung’s… Read More>>
Leading today’s Hong Kong real estate news, mainland tech giants continue to build partnerships with the region’s biggest builders, with New World Developments new deal to build hospitals in the mainland and Hong Kong with Tencent-backed online healthcare service provider… Read More>>