Leading today’s Hong Kong real estate news, the city’s market for strata-title office market continues to show some life at the end of the year as the parent company of Singaporean development giant Qingjian Realty has bought a floor in… Read More>>
Li Ka-Shing Said Selling Pudong Property for RMB 20 Bil
Cheung Kong Property Holdings, the real estate company belonging to billionaire Li Ka-shing is reportedly selling its Century Link commercial project in Shanghai for RMB 20 billion ($3.22 billion).
Should the sale of the as-yet-unopened 360,000 square metre Pudong complex… Read More>>
Li Ka-Shing’s Fortune REIT Buys Kowloon Mall for $245M
ARA Asset Management (Fortune) Limited, the manager of Li Ka-shing controlled Fortune REIT has now closed on its HK$1.9 billion ($245 million) acquisition of the Laguna Plaza residential retail complex in Hong Kong, according to a recent statement from the company.
Li Ka-shing Sells Chongqing Complex to Own REIT for $638M
Asia’s richest man sold another mainland property asset last week as two companies controlled by Li Ka-shing’s transferred a commercial development in Chongqing to a related real estate investment trust (REIT) for RMB 3.91 billion ($638 million).
According to a statements… Read More>>
Li Ka-shing Sells 2 Shanghai Buildings for $493 Million
Asia’s richest man continued to sell off his China real estate holdings last week when a property company controlled by Hong Kong billionaire Li Ka-shing was acquired by China’s Oceanwide Holdings.
According to a statement to the Shenzhen stock exchange… Read More>>
Li Ka-shing Said to Sell Shanghai Office Tower for RMB 1.54B
Li Ka-shing appears to be continuing to sell off his China real estate assets, as a recent report has Asia’s richest man selling an office building in Shanghai for around RMB 1.54 billion ($250 million).
According to a story on… Read More>>
Li Ka-shing’s Cheung Kong Boosts Profits 10% on China Deals
Asia’s richest man managed to raise profits at his primary property firm by 10 percent in 2013 by selling off properties in China, even as the contribution from the company’s Hong Kong operation fell into a slump.
Cheung Kong Holdings… Read More>>
Li Ka-shing-Backed ARA Fund Completes RMB 2.48B Sale of Nanjing IFC
Real estate services firm Jones Lang LaSalle (NYSE: JLL), announced today that its client – ARA Asia Dragon Fund – had concluded the en-bloc sale of Nanjing International Finance Center to SanPower Group for a total transaction value of RMB… Read More>>
China’s Latest Apple Store to Open in Beijing on Friday – China Real Estate Links 2014-01-07
Apple is set to open a new retail store in China on Friday, January 10 at the China Central Mall in the Chaoyang District of Beijing, approximately two miles from the existing Sanlitun Apple Store in Beijing.
The China Central… Read More>>
Li Ka-shing Continues to Dump China Assets with RMB 3 bil Nanjing Sale
Asia’s richest man, Li Ka-shing continued to retreat from the mainland property market by selling a Nanjing commercial building recently for RMB 3 billion.
China’s Xinhua news agency reported on January 1st that mainland conglomerate SanPower Group indicated it had… Read More>>