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Pan Sutong

Suit Filed as Receivers Relaunch Sale of Hong Kong’s Goldin Financial Global Centre

2022/05/18 by Pawara Laothamatas, Michael Cole 2 Comments

A mysterious businessman who has been said to be in the process of buying the Goldin Financial Global Centre (GFGC) since late 2020 filed suit this week in an attempt to block the sale of the Kowloon East trophy tower… Read More>>

Kaisa's Mai Fan

Receivers Selling Kaisa Vice Chairman’s Villa for Reported $35M

2022/05/16 by Pawara Laothamatas Leave a Comment

A high-end home in Hong Kong’s Pok Fu Lam neighbourhood has been put on the market by receivers, with local media reports identifying its former owner as Mai Fan, vice-chairman and chief executive officer of Kaisa Group who had seen… Read More>>

Tim Alpe

Brookfield Buys Hong Kong Storage Space From Hanison for $27M After Acquiring RedBox

2022/05/08 by Christopher Caillavet, Pawara Laothamatas Leave a Comment

Brookfield has agreed to acquire industrial assets in Hong Kong’s New Territories from Hanison Construction for HK$211.3 million ($26.9 million), following closely behind the Canadian asset management giant’s under-the-radar purchase of local self-storage operator RedBox.

The assets comprise workshops 1… Read More>>

Chelsfield, Nick Loup

Chelsfield Eyes Hong Kong Opportunities After Opening SG Office Project

2022/04/23 by Beatrice Laforga, Michael Cole Leave a Comment

After leasing out its most recent Singapore value-add project to Alibaba and its Lazada unit, real estate investment firm Chelsfield Asia is on the lookout for distressed assets in its Hong Kong home base as it gears up for more… Read More>>

Louise Kavanaugh

Nuveen Acquires Hong Kong Data Centre, Osaka Apartments for APAC Core Fund

2022/04/06 by Michael Cole Leave a Comment

Nuveen announced the addition of four assets to its Asia Pacific core investment strategy today with the acquisition of a data centre in Hong Kong’s New Territories and a set of three multi-family properties in Japan’s second largest city.

The… Read More>>

WEAVE LIVING CEO Sachin Doshi tb

Weave Living to Boost Portfolio by 40% with $175M Buy of Kowloon Hotel

2022/04/05 by Pawara Laothamatas, Christopher Caillavet Leave a Comment

Weave Living on Tuesday announced the formation of a $200 million joint venture with a global institutional investor to acquire the 435-room Rosedale Hotel in Kowloon for HK$1.37 billion ($175.4 million), signalling a dramatic leap in scale for the residential… Read More>>

George Hongchoy, Executive Director & CEO, Link REIT

Link REIT Puts Hong Kong’s Stanley Plaza on the Market Despite Pandemic

2022/02/24 by Christopher Caillavet Leave a Comment

Link REIT has put its Stanley Plaza shopping centre up for sale, even as an unprecedented surge in COVID-19 cases clouds the retail outlook in Hong Kong.

Asia’s largest real estate investment trust received an unsolicited expression of interest from… Read More>>

Suchad Chiaranussati, chairman and founder of SC Capital Partners

SC Capital, Lofter Acquire $53M Project on Hong Kong’s Ap Lei Chau

2022/02/20 by Christopher Caillavet Leave a Comment

Singapore-based SC Capital Partners has teamed up with Hong Kong value-add developer Lofter Group to acquire a more than 90 percent interest in a project on Ap Lei Chau island in the Asian financial hub, with an eye towards redeveloping… Read More>>

Travelodge hotel hollywood road

PGIM Real Estate Buys Pair of Hong Kong Hotels as Co-Living Conversions Catch On

2022/01/24 by Christopher Caillavet Leave a Comment

PGIM Real Estate has moved to acquire a pair of Hong Kong hotels, including snapping up a mid-range Central hostelry for a reported HK$850 million ($109 million), as the city’s travel slump persists and the market for residential conversions heats… Read More>>

Nick Tang Wang On

Wang On Reportedly Acquires Yau Tong Industrial Building for $74M

2022/01/19 by Pawara Laothamatas Leave a Comment

Wang On Properties looks set to add another suburban residential project to its pipeline as the Hong Kong-listed developer has been identified as the buyer behind the recent HK$580 million ($74.5 million) purchase of a more than 80 percent piece… Read More>>

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