Tales of Hong Kong turmoil lead Mingtiandi’s collection of real estate news today as Hong Kong brokerage has renewed its lease at a Swire property in the city despite reports of pressure from its mainland parent to steer clear of… Read More>>
Sun Hung Kai Buys Kai Tak Site for $1.43B
Hong Kong’s Lands Department on Wednesday announced that a plot of residential land on what had been the runway of the city’s former Kai Tak Airport has been awarded to local development giant, Sun Hung Kai Properties, for HK$11.26 billion… Read More>>
CLSA Belt and Road Fund Makes Pre-IPO Bet on Logistics Developer ESR
Asian logistics developer ESR has picked up more funding on its path to a planned IPO, announcing it has closed an investment from a private equity fund of CLSA, a subsidiary of Chinese state-owned investment bank CITIC.
The funding from… Read More>>
SG Tycoon Investing $5B to Build Data Centre Empire and More Asia Real Estate Headlines
Leading today’s news, one of Singapore’s richest men is going big on data, or at least on the buildings that house it, while Australia picks up 4.6 billion baht by selling its Bangkok embassy site to a local developer. Also… Read More>>
Mainland Buyers Scooped Up 45% of HK’s Land and 64% of Offices Sold in 2016 1H
If residents of Hong Kong feel like mainlanders are buying up half the town, they might not exaggerating, as recently released research shows that developers and investors from north of the border have scooped up most of the office space… Read More>>
Citi Says China Housing Boom to Continue in 2017
Analysts at one of America’s best-known banks are predicting continued good health for China’s already vigorous residential real estate market into next year.
Citigroup predicts China’s housing market will remain ‘robust’ in 2017 given government support and higher prices, according… Read More>>
China’s Greenland Group Opens Securities Division and More Asia Real Estate Headlines
In the news today one of China’s top developers has decided that selling stocks and bonds may be the new path to easy money and has opened its own brokerage. Also in the news, Korea’s Mirae sets up a new… Read More>>
CLSA Says HK Home Prices to Fall 17% and More China Real Estate Headlines 2015-10-21
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Hong Kong Home Prices to Fall 17 Percent in 27 months, Says CLSA
CLSA has joined the chorus of other investment… Read More>>
Carlyle & CLSA Sell Shanghai Office Building to Yuexiu REIT for RMB 2.63B
A company belonging to private equity firms Carlyle Group and CLSA Capital Partners has sold an office tower in Shanghai’s Pudong district to Hong Kong-listed Yuexiu REIT for RMB 2.63 billion ($423 million).
Yuexiu REIT, which is controlled by Guangzhou-based… Read More>>
Australia Set to Restrict Foreign Home Sales Amid Chinese-Fuelled Boom
Following a year in which home prices in Sydney have risen 13 percent, and an estimated 18 percent of homes are being sold to Chinese, Australian lawmakers are recommending tighter controls on sales of real estate to overseas buyers.
