Asia real estate and outbound investment news
Hong Kong’s battered investment sector is showing signs of life as a recent series of transactions, headlined by Swire Properties’ sale of a Taikoo office tower to Gaw Capital Partners and Schroders Pamfleet, hint at growing investor confidence.
With good… Read More>>
An investment consortium led by fund managers Gaw Capital Partners and Schroders Pamfleet have agreed to buy the CityPlaza One office building in Hong Kong from Swire Properties, braving declining office leasing activity to make the city’s largest acquisition of… Read More>>
After resetting itself as a private corporation last year, Hong Kong trading firm Li & Fung’s restructuring continues, this time with the sale of its Hong Kong and Macau Circle K stores to Quebec-based convenience store operator and brand owner… Read More>>
Just over one week after its airline division cut 6,000 workers, the property development business of Hong Kong’s Swire Group says it is in talks to dispose of an office building on Hong Kong island.
Swire Properties announced to the… Read More>>
While much of Hong Kong rushed to clear their desks before the 1 October holiday, Goldin Financial Holdings boss Pan Sutong was busier than most, as the cash-strapped mainland tycoon announced on 30 September that his company had sold its… Read More>>
The drama around cash-strapped developer Goldin Financial Holdings reached a new high point today as a property agent began marketing the Hong Kong-listed company’s headquarters on behalf of unpaid creditors, according to a statement received by Mingtiandi.
Knight Frank announced… Read More>>
Under a cloud of sanctions and suspended trade privileges, the US government sold a set of consular residences in Hong Kong’s southern District to Hang Lung Properties for HK$2.6 billion ($331 million), the developer said in an email to Mingtiandi… Read More>>
A compact hostelry in Causeway Bay has become the latest Hong Kong property to change hands at a discount, with a mainland buyer picking up Le Petit Rosedale Hotel in the bustling shopping district for 34 percent below the seller’s… Read More>>
One of the most prominent members of an investment consortium which paid a record $5.15 billion to purchase an office building in Hong Kong’s Central district in November 2017 has just sold a chunk of his holdings in the 73-storey… Read More>>
A founder of a Hong Kong-listed mainland developer appears to have taken a 30 percent haircut on an office investment in the New Territories as the city’s commercial real estate market continues to slip this year.
A set of three… Read More>>
