Sheds and server barns lead today’s real estate headlines from around the region as a Singapore investment manager adds the remaining 60 percent stake in a set of US data centres to its Singapore listed industrial trust and one of… Read More>>
Mapletree Reports Profit Drop of 18% and More Asia Real Estate Headlines
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>>
CK Asset’s Chiu Defends Security Law and More Asia Real Estate Headlines
A company controlled by Hong Kong’s richest man leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the firm defends Beijing’s new security law for Hong Kong ahead of its biggest property launch of the year.
Top Hong Kong Developer Shares Fall More Than 5% as Beijing Preps Security Law
Stocks in Hong Kong’s major developers, including Sun Hung Kai, CK Asset and Wheelock, plunged on Friday on the news that Beijing is planning to impose controversial national security laws in Hong Kong.
After China’s central government on Thursday announced… Read More>>
CK Asset Pays HK$4.95B for HK’s First Public–Private Residential Project
A property conglomerate chaired by the son of Hong Kong’s richest man, Li Ka-shing, has won a tender to develop the city’s first residential project combining private and government-subsidised homes.
The city’s Lands Department announced yesterday that it had awarded… Read More>>
Li Ka-shing’s CK Asset Sounds Profit Alarm as COVID-19 Crimps Business
The property conglomerate chaired by the son of Hong Kong’s richest man has warned shareholders to expect a fall in profits for the first half of the year, marking the first time the company has issued a profit warning since… Read More>>
Hong Kong-listed Goldin Sells Kai Tak Residential Plot at HK$2.6B Loss
Goldin Financial Holdings has agreed to sell a residential site on Hong Kong’s former airport at a HK$2.6 billion ($340 million) loss, as the company seeks to free up cash amid a downturn in the Asian financial hub.
The financial… Read More>>
Tencent Exec Buys Repulse Bay Pad at 18% Off and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, properties in the Asian financial hub continue to be sold at knockdown prices, with the chief strategy officer of tech giant Tencent buying a Repulse Bay luxury home at an 18 percent discount,… Read More>>
Shop King Buying 3 Retail Units for HK$1B and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, “Shop King” Tang Shing-bor has braved the property market downturn to buy a trio of retail properties for $HK1 billion ($130 million), while an investor consortium is said to have backed out of… Read More>>
SG’s Fragrance Group Buys Aussie Hotel Project and More Asia Real Estate Headlines
A Singapore developer leads the way in Mingtiandi’s roundup of Asia real estate headlines as the company controlled by billionaire Koh Wee Meng is braving the global downturn to snap up an Aussie hotel project for A$40 million.
In other… Read More>>
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