CK Asset Holdings has picked up a residential development site in Hong Kong’s Kai Tak area for HK$8.7 billion ($1.1 billion), according to a Wednesday announcement, breaching the low end of market expectations by about 23 percent as home prices… Read More>>
CK Asset Refills Hong Kong Pipeline with $150M Win of Sai Ying Pun Site
CK Asset Holdings has won a tender for a residential development site in the Sai Ying Pun area of western Hong Kong Island with a bid of HK$1.16 billion ($150 million).
The developer controlled by billionaire Li Ka-shing secured the… Read More>>
Asia Real Estate People in the News 2022-10-31
Korean headhunting leads this week’s survey of personnel moves from across Asia’s real estate world, as the world’s third-largest pension fund searches for a new CIO. Also making the list is a new board director at CK Asset Holdings and… Read More>>
Vietnamese Tycoon Arrested for Swindling, Linked to Singapore’s Viva Land, CK Asset
A Vietnamese tycoon linked to Singapore’s Viva Land, who has has partnered with Li Ka-Shing’s CK Asset, was arrested by police in Ho Chi Minh City on Saturday on charges of swindling investors out of trillions of Vietnamese dong. (VND… Read More>>
CK Asset Buys Re-tendered Tuen Mun Residential Project for $586M
CK Asset Holdings has topped four competing bids to acquire a residential development site in Hong Kong’s New Territories for HK$4.6 billion ($586 million), according to an announcement published on Wednesday.
The developer controlled by billionaire Li Ka-shing acquired the… Read More>>
WeWork Launches Singapore Co-Working Tower and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, co-working giant WeWork launches a 21-floor location at Singapore’s Collyer Quay, HSBC cuts staff from its Hong Kong-based China debt team, and Fosun Tourism Group’s shares dip after its parent firm reportedly reduces… Read More>>
Asia Real Estate People in the News 2022-09-05
A pension fund manager with $800 billion in assets has a new boss with news of the fresh leadership of Korea’s NPS leading Mingtiandi’s personnel column this week. Also making the list are a set of board changes at troubled… Read More>>
CK Asset Sells Home in Hong Kong’s Repulse Bay at Discount as Market Slides
A house at CK Asset’s 90 Repulse Bay Road project was sold for HK$75,000 ($9,557) per square foot this past week, setting a record for the lowest unit price at the luxury property against a backdrop of sliding values for… Read More>>
Fortune REIT to Buy CK Asset Singapore Project and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong’s Fortune REIT moves to acquire a CK Asset-built project in northeastern Singapore, two Chinese developers garner support from state-backed firms, and America’s Chapter 15 bankruptcy process hints at a way forward… Read More>>
Ascott Acquires Co-Living Asset in Tokyo and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, CapitaLand’s Ascott division buys a residential property in Tokyo, insurance giant AIA reportedly seeks to buy an office project under development in Shanghai, and billionaire Li Ka-shing dumps his stake in AMTD Group… Read More>>
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