Hong Kong’s richest man is reportedly selling his most valuable building, The Center office tower, for a record price of HK$40.2 billion ($5.15 billion). Li Ka-shing’s CK Asset Holdings – formerly Cheung Kong Property Holdings – agreed to dispose of… Read More>>
Li Ka-shing Predicts 2 More Years of HK Home Price Hikes and More Asia Real Estate Headlines
Hong Kong’s richest man can’t take it with him, but he can still shed tears of joy over the cash he’s making from the city’s booming real estate market, while Vincent Lo convinces an SCMP reporter that Shui On is… Read More>>
CK Property To Miss 2016 Sales Target After Bumpy Year And More Asia Real Estate Headlines
Today’s headlines prove that even Superman stumbles from time to time, after Li Ka-shing’s CK Property announced it will fail to hit its sales target for this year. Also making news today, China Jinmao spends big to get its hands… Read More>>
Ping An Loan Could Be Backing Sunac Share Sale And More Asia Real Estate Headlines
This week’s news starts off with mainland developers finding creative paths to funding to deal with a government clampdown. Also making headlines on Monday, CK Property is offering discounts to attract buyers put off by Hong Kong’s new stamp duty… Read More>>
Home Prices Climb Faster on Big City Surge and More China Real Estate Headlines
A flood of new money lifted China’s average home prices by the fastest rate in nearly two years last month, but the support didn’t come fast enough to help out the profits of some of the region’s biggest developers. Plus,… Read More>>
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