A unit of China Resources Group has picked up the group’s fifth major Hong Kong property over the past year with its purchase of a shopping complex in the New Territories from mainland investor Hugo Lam Chi-fung for a record… Read More>>
A unit of China Resources Group has agreed to buy a pair of warehouses in Hong Kong from Kerry Properties for a total consideration of HK$4.62 billion ($588.6 million), with the deal bringing the mainland firm its fourth and fifth… Read More>>
The family of late “Shop King” Tang Shing-bor has sold a second New Territories industrial asset to China Resources Group, as the cash crisis of one of Hong Kong’s most active real estate investors creates an opportunity for the mainland… Read More>>
In Hong Kong’s biggest en-bloc industrial transaction this year, local property firm Stan Group has sold the East Asia Industrial Building (Phase One) in the New Territories for HK$2.24 billion ($290 million).
The asset sale is the fourth in less… Read More>>
China Resources Capital Management, the alternative investments arm of China’s state-owned conglomerate China Resources Holdings, said Thursday it and partner Asia Food Growth Fund have signed an agreement to buy a 65 percent stake in Hong Kong-based high-end supermarket chain… Read More>>
Once the preserve of those not stylish enough for retail or slick enough for office, industrial real estate specialists lead Mingtiandi’s round-up of people moves this week as a GLP veteran teams up with a Li & Fung director to… Read More>>
A branch of one of China’s largest state-owned conglomerates is growing its footprint in Hong Kong with the HK$820 million ($106 million) purchase of an industrial asset in the eastern New Territories, as mainland players return to the Hong Kong… Read More>>
Hong Kong leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that falling prices are driving homeowners into negative equity, spelling more trouble ahead for the property market.
In other news around the region,… Read More>>
China’s ninth largest developer by sales introduced a new chairman this week, as Hong Kong-listed China Resources Land welcomed its second helmsman of 2019.
Wang Xiangming took over as chairman of the real estate development unit of state-owned China Resources… Read More>>
China’s 11th largest real estate developer in terms of sales, China Resources Land announced a reshuffle of its executive suite Tuesday evening with the appointment of Tang Yong（唐勇）as chief executive officer of the Hong Kong-listed company, Li Xin as the… Read More>>