In today’s roundup of regional news headlines, a Hong Kong REIT becomes the latest to clinch green financing, China’s central tax authorities prepare to take over land sales, and Singapore’s Lim family sees nine of its properties frozen by a… Read More>>
Wing Tai, Champion REIT Team with HK Tycoons for $360M London Office Buy
Hongkongers’ love affair with London real estate shows no sign of cooling, as seen by some well-known names banding together to buy a fully leased office building in the main business district.
HKEX-listed Wing Tai Properties on Sunday announced the… Read More>>
Champion REIT Reaches Records as Rental Income Jumps 10.1%
Champion REIT, the owner of Three Garden Road in Central and Langham Place in Mongkok, achieved record distributable income of HK$812 million ($104 million), in the first half of 2018, according to results released last week by the manager of… Read More>>
Champion REIT’s Langham Place Mall Saw Record $15M Turnover Rent in 2017
Champion REIT, the Hong Kong-listed trust sponsored by developer Great Eagle, saw record turnover rent of HK$116 million ($14.8 million) in its Langham Place Mall last year, said Ada Wong, the trust’s CEO at a media briefing on its annual… Read More>>
Home Prices Rise in 60 Out of 70 Chinese Cities and More Asia Real Estate Headlines
Leading today’s news is the continuing spread of China’s housing rebound, with even cities Mingtiandi has never heard of reporting rising housing prices in June. Also in the news, Shanghai’s Greenland Gruop looks for more Malaysian deals, and much more…. Read More>>
Champion REIT Looks to Sell Langham Place Office Tower as HK Market Surges
Champion REIT, a listed trust sponsored by Hong Kong developer Great Eagle, is testing buyer interest in the HK$8.5 billion ($1.1 billion) Langham Place office tower in Mong Kok, as a flurry of major deals drives record-high property values in… Read More>>
Champion REIT CEO Calls an End to Hong Kong’s Retail Slide
Champion REIT produced a 15.7% jump in distributions to its unit holders in 2016 and the Hong Kong-based real estate investment trust’s freshly-minted CEO expects even bigger things this year.
While the REIT sponsored by Hong Kong developer Great Eagle… Read More>>
HK-Listed Champion REIT Raises Distributions 15%
Hong Kong-listed real estate investment trust Champion REIT raised its distributions per unit for the first half of 2016 by 15 percent compared to the same period last year, following solid growth in rental income from its portfolio of commercial… Read More>>
