A Hong Kong land sale leads today’s real estate news from around the region, with a trio of local developers teaming up with Shenzhen’s China Merchants Land to purchase the last phase in the MTR’s Lohas Park project.
Indian REITs… Read More>>
Chinese Budget Retailer Miniso Files for $100M US IPO and More Asia Real Estate Headlines
Cute retailers and scary debts lead Asia’s real estate headlines today as Chinese novelty retailer Miniso files for a $100 million IPO on the US stock exchange.
Also in the news, China Evergrande saw its securities punished for a… Read More>>
Regulators Block Loans for CK Asset Chengdu Deal and More Asia Real Estate Headlines
China’s “three red lines” rules introduced last month appear to already be having an impact with Li Ka-shing’s sale of a Chengdu project said to be endangered by the new guidelines on restricting credit to indebted developers, according to a… Read More>>
Goldin Confirms CK Asset Bailout, Sells Finance Business for HK$2B
Goldin Financial Holdings is continuing its efforts to pay off past-due debts as the Hong Kong-listed company announced on Friday that it had reached a deal to dispose of a financing business for just over HK$2 billion ($260 million).
In… Read More>>
Swire Properties Profit Falls 90% on Valuation Slide and More Asia Real Estate Headlines
Damage from the coronavirus pandemic continued to show up in the earnings of Asia’s top developers today as Hong Kong-listed Swire Properties reported a 90 percent drop in profit during the first six months of 2020.
Also… Read More>>
Li Ka-shing’s CK Asset Reports 35.5% Profit Dip and More Asia Real Estate Headlines
More Hong Kong gloom leads today’s round-up of real estate news from around Asia, as the city’s second-largest developer saw its underlying profit drop by more than a third during the first six months of 2020.
While… Read More>>
Li Ka-Shing’s CK Asset Sells Chengdu Project for $1B and More Asia Real Estate Headlines
China’s housing market has heated up after an extended dry spell, and with developer appetites for land surging, Hong Kong’s Li Ka-shing has decided to sell off a mixed-use project in Chengdu while the sun is still shining.
In less… Read More>>
CK Asset Director Joins Goldin Board as Vice Chair of Troubled HK Developer
A top strategist from Li Ka-shing’s CK Asset has joined the board of defaulting developer Goldin Financial Holdings as rumours fly of buyouts and restructuring in Hong Kong’s real estate world.
Gerald Ma Lai-chee, an executive with 24 years of… Read More>>
Softbank-Backed Beike Aims for $3B US IPO and More Asia Real Estate Headlines
WeWork’s IPO belly flopped and Luckin Coffee got kicked out of the NASDAQ, but these setbacks have not deterred online property brokerage Beike Zhaofang from attempting a US stock market listing.
An account of the Softbank and Tencent-backed firm’s plans… Read More>>
Hong Kong Home Sales Hit 13-Month High in June and More Asia Real Estate Headlines
Lower home prices in Hong Kong seem to have rekindled buyer demand as figures showing a 92 percent increase in housing sales lead today’s collection of real estate headlines from around the region.
Despite the rebound in… Read More>>
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